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Microsoft Word - ACE MDA Q321 - EN 1 No. ACE-ACC-4/2021 11 November 2021 Subject Management Discussion and Analysis for the period ended 30 September 2021 To President The Stock Exchange of Thailand

% and 13% YoY, respectively. • Fixed broadband revenue was Bt8,436mn, increasing 21%YoY due to strong subscriber growth from working and studying from home combined with effective churn management despite

-disciplined approach for cost management focusing on spending to enhance public health, improve working efficiency, as well as slowdown discretionary spending during the period of economic stagnation

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11 Management Discussion and Analysis Fiscal year ended February 28, 2019 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) already submitted the audited financial statements for

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MDAE_2Q18 Management Discussion and Analysis for the 2 nd Quarter 2018 ended August 31, 2018 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated