Page 1 of 9 Management Discussion & Analysis Q1/2024 Executive Summary 1Q2024 Financial Summary Financial performance of Advice IT Infinite Public Company Limited and its subsidiaries, as per the

reclassification of the revenues, cost of sales, cost of rental and services, and SG&A. However, there is no impact on the net profit as follows: Table 1: Financial Summary for the three-month period of the year

thoroughly affected, and this negatively impacts private consumption, along with exacerbated financial vulnerability among households and businesses, which will require assistance and time to recover. The

THB Mn % (1) THB Mn % (1) THB Mn % Revenue from sales of goods and services 633.6 98.4% 596.6 98.6% -36.9 -5.8% Other income 10.1 1.6% 8.5 1.4% -1.6 -16.0% Total revenues 643.7 100.0% 605.1 100.0% -38.5

-24.94 -28.17 Cost of services 7.99 5.79 2.20 38.00 Cost of sold - Administrative expenses 11.03 33.75 -22.72 -67.32 Finance cost 3.31 3.62 -0.31 -8.56 85.91 131.68 -45.77 -34.76 Loss Before Income Tax

reported a core service revenue of Bt138,569mn, increasing 4.2% YoY, attributed to the performance of all core services dedicated to delivering high-quality products, as well as additional revenue

48.3% from 9M/2018, mainly due to the increase in both revenue from sale of goods and revenue from rental and rendering of services, higher gross profit margin from sale of goods, decreased percentage of

2020 which had been reviewed by the independent auditor as follows: 1. Summary of the Company’s operating results 2. Analysis of the consolidated financial performance 3. Analysis of the consolidated

from sales and rendering of services (excluding fuel cost) 5,881.33 6,656.26 (774.93) (11.6) Revenue from financial lease contract 3,335.81 3,995.45 (659.64) (16.5) Share of profit of associates and

5.44 Cost of goods sold 1,408.20 1,242.63 13.32 Temporary shutdown expenses 159.15 173.27 (8.15) Selling expenses 385.33 393.74 (2.14) Administrative expenses 106.36 100.90 5.41 Finance costs 24.07 32.62