100.00% 111.56 3.23% Distribution costs 140.16 4.05% 159.58 4.47% 19.42 13.86% Administrative expenses 88.53 2.56% 105.99 2.97% 17.45 19.72% Profit from operating activities 64.65 1.87% 69.66 1.95% 5.01

Trade Competition Commission – a separate independent body to supervise trade competition with greater flexibility. As a provider of financial services operating under the purview of this Act, KBank

% QoQ benefited from a better operating performance, fully depreciated 3G assets, and one-time gain recognized in this quarter. 3Q23 MD&A Advanced Info Service Plc. 2 3Q23 Operational Summary 3Q23

was no gas turbine maintenance at Rayong Central Utilities Plant in Q3/2017 as there was in Q3/2016 and the plant had better operating performance. Also, the selling price rose from the increase in the

increase in FT rate and the increase in electricity and steam sales after maintenance shutdown of customers of Rayong Central Utility Plants in Q2/2017. Q2/2018 Financial and Operating Highlights * ไม่รวม

operating performance allowed KBank and K Companies to meet business targets while also gaining wide acceptance and recognition at home and abroad, as reflected in the numerous awards we received in this

actual implementation of various projects will likely start from 2019 onward. Nevertheless, downside risks to exports likely stem from international trade disputes, particularly between the US and China

654 3323 No. PACE 201711/01 Date: 14 November 2017 Subject: Explanation of the Operating Results for the Third Quarter of the Year 2017 (Q3 2017) Changing over 20% To: The President The Stock Exchange

654 3323 No. PACE IR2018/007 Date: 9 February 2018 Subject: Explanation of the Operating Results for the Third Quarter of the Year 2017 (Q3 2017) Changing over 20% To: The President The Stock Exchange

last year. Meanwhile, imports of Hot Rolled Steel decreased by 14% and Domestic Production increased on 11.5% compared to same period last year. The trade war between USA-China, high imports due to