Management Discussion and Analysis of FS2017 Page 1/5 JMT Network Services Public

Re: Determination of the Definitions of Institutional Investor, Ultra-high Net Worth Investor and High Net Worth Investor

1 Executive Summary AIS continued to build on leadership in mobile data through improved 4G quality and brand perception. In 1Q17, CAPEX of Bt11.5bn was spent to strengthen 4G network quality through

FY22 following an improvement in EBITDA. Net cash outflow from investing was at Bt37,088mn for network investment and at Bt13,904mn for spectrum license. As a result, free cash flow for FY23 was at

continued 5G network expansions. We ensured carrying out continuous cost optimization in all areas to soften this impact. Following the declined EBITDA, AIS reported a net profit of Bt26,011mn, decreasing

Company Limited (“the Company”) would like to notify the operating results that the Company reported net loss for the three-month period ended 30 June 2020 of Baht 16.8 million, net loss decreased by Baht

core service revenue for 2021, a growth of 1.1% YoY. EBITDA increased by 2.2% to Bt91,408mn. With ongoing network investment and unrealized foreign exchange loss, reported net profit was Bt26,922mn

core mobile revenue growth with network and service quality leadership, pricing discipline, and ecosystem economy Mobile revenue recorded Bt29,258mn, with a 1.4% YoY improvement benefited from the

Of Details JMT NETWORK SERVICES PUBLIC COMPANY LIMITED 2021   Consolidated Year 31/12/2021 JMT NETWORK SERVICES PUBLIC COMPANY LIMITED 2021   Company Year 31/12/2021 JMT NETWORK SERVICES PUBLIC COMPANY

subscribers 2,085,900 2,328,700 2,380,700 14 % 2.2 % FBB net addition 114,500 60,500 51,900 -55 % -14 % FBB ARPU (Baht/user/month) 418 414 428 2.4 % 3.2 % Significant Events in 3Q23 • Advanced Wireless Network