% Authorized share capital 140 140 0.0% Issued and fully paid-up share capital 140 140 0.0% Share premium 6 6 0.0% Retained earnings 629 628 0.1% Other components of equity 248 225 10.4% Deduct: Treasury stock

- Translation - Page 1 of 4 CBG 013/2020 8 May 2020 Subject Management discussions and analysis for the 3-month period ended 31 March 2020 To President The Stock Exchange of Thailand We, Carabao

No: AH 02022024 February 29th, 2024 Subject: Management Discussion & Analysis (MD&A) for the financial statements of fiscal year 2023 ended as of December 31, 2023 To: The President The Stock Exchange

Stock Exchange of Thailand Aapico Hitech Public Company Limited (“the Company”) would like to explain the consolidated financial statements of the Company for the 1st quarter of fiscal year 2024 ended as

purpose of borrowing money is in compliance with Clause 4; (2) a lender is not fund supervisor of the infrastructure mutual fund; (3) financial leverage ratio of the infrastructure mutual fund shall conform

1.41 Leverage ratio 30-Jun-20 30-Jun-20 31-Dec-19 Interest bearing debt to equity (time)* 3.20 1.27 0.94 Net interest bearing debt to equity (time)* 2.88 0.95 0.20 Debt to equity (time)* 4.12 2.20 1.76

continued investment in network and spectrum. Liquidity & Leverage: Liquidity remained solid with current ratio of 0.45x, similar level as previous year. AIS maintained strong financial position with low net

from 38% in FY20 to 34% and ROA slightly decreased from 9% in FY20 to 8%. Liquidity & Leverage: Current ratio was 0.39x, lower than previous year of 0.45x. AIS maintained strong financial position with

conformable to maintain leverage ratio, net debt to EBITDA, below 2.5x. Turnover Inventory days increased from 45 days in 2Q24 to 47 days in 3Q24 from higher inventories aligned with higher stock of iPhone

(Translation) Page 1 of 2 No. CBG 053/2017 14 November 2017 Re: Board resolution and change of overseas subsidiaries’ capital structure To Managing Director Stock Exchange of Thailand Reference is