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

significantly affected by low advertising demand due to the prolonged impact of the COVID- 19 pandemic, which has plunged the global economy into a deep recession. Operating revenue decreased by 32.2% YoY to THB

contain the spread of COVID-19 in late January on Wuhan and expand to other provinces afterwards along with the severity of the pandemic around the globe since late March played a significant role in

million and THB 87 million for the 1st Quarter 2020 and 2019, respectively. During the current Quarter the Company suffered unrealized exchange loss of THB 110 million and loss on devaluation of inventories

rental service and TV content production all continued to drop as a result of the widespread of COVID-19 pandemic across the globe. The Company followed the government’s order to suspend business

from both domestic and international demand which were impacted by the coronavirus (COVID-19) pandemic and various severe measures for controlling the outbreak. Therefore it affected to the economic

2020, although total Profit for the year were significantly decrease from the previous year due to the COVID-19 pandemic, resulting in the decline sale of products in the banking and export sector

the meeting has no significant impact on the Company’s operations. 2. According to the postponement of the 2020 Annual General Meeting of Shareholders due to the current pandemic of Coronavirus Disease

and international demand, which affected from the impact of coronavirus (COVID-19) pandemic. The measures of the government sector to control the spread of the virus, therefore the limit of inbound and

Management Discussion and Analysis as follows : FINANCIAL SUMMARY 31.12.18 31.12.19 30.06.20 FINANCIAL POSITION (MILLION BAHT) Current Assets 1,154 1,054 1,054 Total Assets 1,268 1,185 1,304 Current