) provide service in a face-to-face manner to clients who appear in person before the intermerdiary’s employees; (2) clarify the effect of investment or transaction in case of worst case scenario described in

Competitive Environment Mobile market in 1Q19 continued to face pricing pressure. Although competition in postpaid segment has improved with most of low-tier fixed-speed unlimited plans discontinued, several

the face of these challenges, AIS’s execution focusing on profitable revenue brought in a core service revenue of Bt33,351mn, growing 2.3% YoY. This growth was driven by the continued expansion of fixed

factors and business models. The overall economic growth in 2018 is expected to be 4.5 percent, driven by both domestic and external demand. Nevertheless, the Thai economy continues to face downside risks

debt restructuring plan of the Company and the Allocation and Offering of the Newly Issued Ordinary Shares of the Company under the Debt to Equity Conversion Scheme fails, the Company will face the

and Offering of the Newly Issued Ordinary Shares of the Company under the Debt to Equity Conversion Scheme fails, the Company will face the following effects or risks: Enclosure 4 17 • The Company may

Sa Se co Re To Co Management   Ref: IR60/0 Subject: To

growth. In 2019, the real estate sector was beginning to face a slowdown as a result of various negative factors, particularly the Bank of Thailand’s Loan to Value (LTV) measure. The situation is worrisome

short-term bills offered for sale to institutional investors with a face value no less than ten million baht; (2) short-term bills offered for sale to high net worth investors and have the following

14 August 2019 Subject Management Discussion and Analysis for the six months period ended Jun 30, 2019 To The President The Stock Exchange of Thailand Day Dream Public Company Limited (the “Company