competition, AIS mobile service revenue was Bt130,062mn, grew 4.2% YoY based on subscriber growth of 2% and ARPU growth of 2%. Overall, price competition improved from FY18 when unlimited data plans were

-150 grew by 1.4%. Chalarm continued its strong momentum after the newly launched Black Galingale variant in August 2018 where sales grew +17.2% YoY. Som In-Sum growth remained strong (+37.8% YoY

GFPT Public Company Limited Interim Management Discussion and Analysis for the 1st Quarter 2019 Page 1 of 11 Management Discussion and Analysis This interim MD&A report has been prepared based on the

GFPT Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2019 Page 1 of 13 Management Discussion and Analysis This interim MD&A report has been prepared based on the

GFPT Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2018 Page 1 of 13 Management Discussion and Analysis This interim MD&A report has been prepared based on the

GFPT Public Company Limited Interim Management Discussion and Analysis for the 3rd Quarter 2018 Page 1 of 13 Management Discussion and Analysis This interim MD&A report has been prepared based on the

continued to have presence as strong brands in the market. Implemented company-wide cost optimization With low growth market, AIS has been focusing on optimizing and digitizing the core operation including

Moody’s FITCH Ratings Long- term Short- term Long- term Short- term Long- term Short- term Investment Grade Highest Credit Quality - exceptionally strong capacity for payment of financial commitments AAA A1

categories liked home entertainment, where Power Buy is traditionally strong, and where sales were unusually strong in the prior period in connection with the World Cup Soccer tournament, and due to seasonally

GFPT Public Company Limited Interim Management Discussion and Analysis for the 1st Quarter 2020 Page 1 of 11 Management Discussion and Analysis This interim MD&A report has been prepared based on the