consideration without delay. Clause 12. At least half of the panelists in the administrative panel shall form a quorum. Decisions shall be made at the meeting upon majority vote. Each commission panelist is

challenges from macroeconomic factors in decisions between investments or cost controls. Classification: Internal 3Q22 MD&A Advanced Info Service Plc. 2 3Q22 Operational Summary 3Q22 mobile subscribers

buying decisions. Cost of sales and services increased in accordance with higher sales. Gross profit increased by 44.5% from Baht 2,208.4 million in 2021 to Baht 3,190.6 million in 2022. Gross profit

lower demand from foreign trading partners affecting the export sector. The local political uncertainties that arose in this quarter further added pressure and caused delayed investment decisions in

fund manager who performs the duty of making decisions on investment in or disposing of securities or any other asset except real estate, leasehold interest in property or seeking benefits by other

decisions on investment in or disposing of securities or any other asset except real estate, leasehold interest in property or seeking benefits by other methods; “ property fund manager ” means a property

information among borrowers, lenders and other market participants; Independence and conflicts of interest CRA rating decisions should be independent and free from political or economic pressures and from

operation of a branch office; “fund manager” means a mutual fund manager or a private fund manager who performs the duty of making decisions on investment in or disposing of securities or any other asset

decisions on investment in or disposing of securities or any other asset except real estate, leasehold interest in property or seeking benefits by other methods. 3 “property fund manager” means a property

or higher who is responsible for the line of work which takes part in making decisions on securities allotment or the line of work which has an opportunity to obtain inside information relating to an