% Net profit margin 20.94% 19.17% Performance (Statement of Comprehensive Income) For the year ended 31 December Services income and Cost of rendering of services Services income can be grouped in 3

FY22 following an improvement in EBITDA. Net cash outflow from investing was at Bt37,088mn for network investment and at Bt13,904mn for spectrum license. As a result, free cash flow for FY23 was at

1 Executive Summary AIS continued to build on leadership in mobile data through improved 4G quality and brand perception. In 1Q17, CAPEX of Bt11.5bn was spent to strengthen 4G network quality through

considered key performance indicators used by operators in the same industry, in the amount of Baht 19,732.20 million, increased by Baht 3,163.1 million or 16.03% from the previous year while the Net Profit

continued 5G network expansions. We ensured carrying out continuous cost optimization in all areas to soften this impact. Following the declined EBITDA, AIS reported a net profit of Bt26,011mn, decreasing

December 2018. The company had total revenue amount to Baht 797.50 million with net profit for the year-end of Baht 73.51 million. And the Company had net profit of the year-end Owners of the Parent Baht

the revenue from equipment rental while the cost of roaming is presented under network OPEX. The net financial impact before and after the agreements’ effective date does not materially change. 4. The

core mobile revenue growth with network and service quality leadership, pricing discipline, and ecosystem economy Mobile revenue recorded Bt29,258mn, with a 1.4% YoY improvement benefited from the

Management Discussion and Analysis, Q1/2020 Page 1/4 JMT Network Services Public Company Limited - Translation - Ref: IR63/009 13 May 2020 Subject: Management Discussion and Analysis, 1st Quarter

subscribers 2,085,900 2,328,700 2,380,700 14 % 2.2 % FBB net addition 114,500 60,500 51,900 -55 % -14 % FBB ARPU (Baht/user/month) 418 414 428 2.4 % 3.2 % Significant Events in 3Q23 • Advanced Wireless Network