1 1Q21 MD&A Advanced Info Service Plc. Executive Summary Mobile revenue slightly recovered QoQ following strong acquisition and government stimulus In late 4Q20, the new phase of outbreak had re

by Baht 8 .39 million; this mainly comes from 1 .The group recovered bad debt in 2017 of Baht 3.62 million which leads to expense decreasing in 2017. However, there is no recovered bad debt in 2018. 2

) Pte. Ltd Company WICE Logistics (Singapore) Pte. Ltd Established date 5 January 2002 Head office 119 Airport Cargo Road, #02-03/04 Changi Cargo Agents Megaplex 1, Singapore Capital The company has a

Security Office, the Network and DC Firewall purchase contract for the project of Vayu- X for NTMX of Krungthai Computer Services Co. , Ltd. and the project of train tracking system development and cargo

air cargo management. For three months For the three-month periods ended March 31, 2018 and March 31, 2017, the Company and its subsidiaries recorded Baht 160.31 million and Baht 106.90 million, an

from 1. the group recovering bad debt in 2017 of Baht 3.62 million which led to a decrease in expenses in 2017. However, there was no recovered bad debt in quarter 1/2018. 2. Increase in staff expenses

quarter of 2017 but recovered back to normal in 2nd quarter of 2017. However, the sales in the Chinese market was lower than the predicted target due to moving period for some production line to Rojana

to remain fragile as overall purchasing power has not yet recovered, and household debt remains at a high level. The operating result of the Company in this quarter is still in line with the plan

recovered back since the beginning of the second quarter. In addition, the company recognized the revenue from project work decreased by 28.56 million baht since most of the work was completed since last year

the first runway and the second runway D) Apron Taxiway for passengers and cargo transportation E) Air Freight and Logistics Center F) Public utilities prepared by contractual party G) Ground services 2