benefit expenses For Quarter1 of the year 2019, the management benefit was 3.21 million baht compare to 4.35 million baht, decrease by 1.14 million or 26.21% decreased because the company had adjust the

0.25% per annum (the normal interest rate of the loan for the associated companies) whereby PF will adjust the said interest rate for twice a year in January and June. At present, the interest rate is

had to be closed according to government policy. But the company was able to adjust to its profitable operating results this quarter details as follows: Management Discussion and Analysis Q2/2020 Page 3

, TFRS 9 Financial Instruments and TFRS 16 Leases, by adjusting from the retained earnings as of January 1, 2020 and didn’t adjust the financial statement of the previous year. The adjustments of right-of

and operation, and that the staff are moving forward in the same direction in order for the company to adjust, grow, and create value to the business, the stakeholders and the society as a whole.The CG

efficiency programs. Cash CAPEX is expected to slow down YoY to a range of Bt35-38bn and will be spent mainly on 4G network and fixed broadband expansion in last miles. We maintain the dividend policy to pay

from the difference between the advance payment due to the front-loaded AP (cash revenue) and the levelized AP (accounting revenue). 3  In 2Q2019, the AGM approved dividend payment from the 2018

the amount equivalent to the amount of the dividend paid per share should GLOW pay the dividend prior to the fulfilment of the conditions precedent). In this regard, the Company has entered into the

Investments”) and Dividend Income totalled at Baht 695.9 million, aslo appreciation of Thai Baht (THB) against of US Dollarr (USD), a 246.1% growth from 2Q2016. The breakdown of the Company’s Share of Profit

General Meeting of Shareholders, Dividend Payment and Connected Transaction Attn: President, the Stock Exchange of Thailand The Board of Directors Meeting of Vinythai Public Company Limited No. 1/2018, held