62.5% 1,155.6% Unrealized gain / (loss) from FX 425 (201) n/a 245 (886) 685 179.6% n/a Non-recurring expense (151) (219) n/a (119) (113) n/a n/a n/a Normalized net profit (NNP)** 1,600 2,260 41.3% 913

: * Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-recurring income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis 2017 2018 % change Q3’2018

(%) 9.9% 9.9% 12.2% 7.7% % NNP - Owner of the parent 59.4% 61.3% 64.2% 56.8% Remark: * Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-recurring income / (expense) B.GRIMM POWER

profit 835 816 159 (81.0%) (80.5%) Net profit - Owner of the parent 532 409 81 (84.8%) (80.2%) Unrealized gain / (loss) from FX 180 109 (886) n/a n/a Non-recurring expenses (31) (125) (113) 264.5% (9.6

% 10.2% 12.2% % NNP - Owner of the parent 59.1% 63.1% 61.7% 64.2% Remark: * Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-recurring income / (expense) B.GRIMM POWER PUBLIC

million Baht y-on-y Other revenues 127 75 -41.2% Share of profit (loss) of associates 153 173 13.3% Gain (Loss) on exchange rate 135 (28) -120.4% Other Revenues  Other revenues decreased 41.2% year-on-year

(%) 27.9% 27.2% 27.0% 27.2% NNP margin (%) 8.9% 10.2% 7.4% 10.2% % NNP - Owner of the parent 62.1% 61.7% 58.5% 61.7% Remark: * Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non

, lower depreciation cost, well-controlled marketing expense. After one time gain, profit was Bt7,713mn, improving 28% YoY and 7.4% QoQ. 3Q23 MD&A Advanced Info Service Plc. 5 Income statement (Bt mn) 3Q22

year 4,379 (23,821) +118.38 Other Comprehensive Income: - Profit (loss) on mathematical projections Insurance for Employee Benefits Scheme - Income tax on profit (loss) Actuarial gain for employee

to sales of investment and gain on reclassification of investments, the Company had the net profit for the nine-month period of the year 2019 in the amount of Baht 2,460 Million which was slightly