and the overall cost control measures are well implemented so that to serve as a tailwind factor to our ability to effectively manage SG&A expenses. 4 Financial expenses Our financial expenses in Q2

human resources policies. We believe that our SG&A expenses have become normalized and the overall cost control measures are well implemented so that to serve as a tailwind factor to our ability to

lower than last year at 44% 5 of total revenues. However, the Company was able to effective control the operating and administrative expenses. In 2019, the Company has developed AEON Thai Mobile

consolidated operating and administrative expenses were 1,951 million baht, decreasing by 105 million baht or 5% y-y and 1% q-q. However, the 5 Company still maintained effective operating cost control with cost

revised CAPEX guidance to approx. 30bn focusing on optimization to manage network quality. Market and Competitive Environment Overall demand in 2Q22 recovered through an increase in foreign tourist arrivals

and delivery term (Made to Order). This helps the Company to efficiently control inventories aging and procurement that prevent risk from CPO’s prices fluctuation. ทีตงั 55/2 หมู ่8 ถ. เศรษฐกิจ 1 ต.คลอ

. The Company entered into short-term contract with specific quantities and delivery term (Made to Order). This helps the Company to efficiently control inventories aging and procurement that prevent risk

of recovery due to interest rate cuts and increased government budget disbursements. Additionally, the launch of the iPhone 16, featuring Apple Intelligence, which introduces a revamped camera control

Participants. TERMS For the purposes of the IOSCO CRA Code:5 under common control with another entity. performs analytical functions that are necessary for the issuing or monitoring of a credit rating or

efficiently manage overall costs and expenses and consequently generate greater profitability to the shareholders. Please be informed accordingly. Yours sincerely, (Dr. Ungoon Chantanavich) Chief Executive