exceeds 100% which need to be filed for new securities listing. However, this acquired asset is considered as an exemption of new listing application as all 4 criteria of the following apply (referred to

for setting provision for deteriorated inventory based on product life which is based on the generally accepted accounting standards. (4) Liquidity and Capital Sufficiency The Corporate Group has

financial reporting standards. Yet - Translation - Page 4 of 6 the impairment loss of assets is a non-cash item therefore there is no impact on the Company’s cashflow management. Also, the transaction is not

operations in which allowing the Company still have good operating results in the future. The Company is aware of the important accounting standards that have changed and been effective since the beginning of

product life which is based on the generally accepted accounting standards. (4) Liquidity and Capital Sufficiency The Corporate Group has appropriate capital management, having prepared operating cash flows

brand that is unique Thai heritage combined with international standards, the Company has focused more on the hotel management revenue to support the expected drop of hotel revenue from the closure of

provision for deteriorated inventory based on product life which is based on the generally accepted accounting standards. (4) Liquidity and Capital Sufficiency The Corporate Group has appropriate capital

financial statements in accordance with Thai Financial Reporting of Thailand (TFRS) which is adjusted to conform to International Financial Reporting Standards (IFRS). All financial information to be

forward contracts 49.5 - 49.5 N.A. (>100) Change The Group has adopted financial reporting standards related to financial instruments (TFRS9) from 1 January 2020 and recognized gain on forward contracts for

2019, AIS adopted Thai Financial Reporting Standards (TFRS) 15 regarding revenue from contracts with customers. The standard affects accounting of handset campaigns with price plan contract. This