of Thailand and Office of the National Economic and Social Development Board data (NESDB), Thai economy in 2020 expanded by 2.4%, decreased from 4.2% in previous year. This was because the global

1 3Q20 MD&A Advanced Info Service Plc. Executive Summary Continued economic impact on mobile business despite improved pandemic situation in Thailand With well-managed pandemic situation, domestic

(25.36) (5.55%) Depreciation 137.32 124.10 13.22 10.65% Amortization 82.61 78.25 4.37 5.58% EBITDA 651.85 659.62 (7.77) (1.18%) 2. ECONOMIC SITUATION Thailand economic situation in Q1/2020 in Central and

services, harmonizing people and processes, and aligning products to deliver enhanced broadband experience. Enterprise services maintained the growth from digitalization demand amid economic challenges Non

or originated credit loss impairment (POCI). The Company must estimate the cash flow from the said non-performing debt to calculate the effective interest rate that reduces the credit risk (Effective

estimate not less than 1 fold As of February 27, 2019, Phuket FantaSea has issued and offered debentures of Baht 1,517 million, as detailed in Appendix 1, when combined with the debentures to be issued and

follows. Overview According to the Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the third quarter of 2019 expanded by 2.4%, slightly increased

December 2019 To: Managing Director of the Stock Exchange of Thailand Business Overview In 2019, the impact of trade war between the United States and China, together with the global economic slowdown caused

the world market compared to the same period of the previous year as well as the rise in weight of sales of sheet, coil and pipe have increased in line with the economic conditions in the country, which

exports will gradually improve global economy. There are also factors that may affect the value of exports, such as the Thai baht appreciation. Domestic economic conditions are expected to be boosted by