20231030-ADVANC-MDA-3Q23-EN 3Q23 MD&A Advanced Info Service Plc. 1 Executive Summary 3Q23 illustrated AIS core business growth from quality focus despite low season challenges. 3Q23 Thai economy

each focused country. Sales breakdown by business and geography are as follows: Sales Breakdown by Business:  Brand: Baht 2,042 million, down 9% YoY  CMG: Baht 2,342 million, down 16% YoY  Sales ratio

institutions of THB 2,399mn and (vi) decrease in bank overdrafts and short-term loans from financial institutions of THB 60mn. BUSINESS PLAN AND OUTLOOK In 2019, we aim to lay a solid foundation for our

11 FEB 2019 1 MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2018 MD&A FY 2018 (ended 31 December 2018) MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS The overall Thai advertising market has been

lower than Q4/2018 total sales of Baht 1,456 million, a decline of 7% YoY. Details are as follows:  Domestic Branded Business sales decreased 19% YoY.  Export Branded Business sales declined 0.2% YoY

broadband and enterprise businesses, and a rebound in the mobile business. The core service revenue declined -0.9% QoQ, mainly attributed to the seasonality of the business in the previous quarter. Maintain

in the group have organized a charity run for people with disabilities "Wing hai Tun Ep.2". Net income from the event were donated to the prostheses foundation of H.R.H the Princess Mother, Thai with

Public Company Limited; Compensation for business design and the hiring of Cherdchaiwon Company Limited for production and installment of hydraulic platform for Carnival Magic Project, developing under

related party transaction of Safari World Public Company Limited; Compensation for business design and the hiring of Cherdchaiwon Company Limited for production and installment of hydraulic platform for

every business segment.  In Q4/2018, the Company and its subsidiaries recorded loss of Baht 143 million, including 2 one-time expenses which were non-cash items, totaling Baht 51 million including higher