E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2020 The Thai economy in the first quarter of 2020 sank into a recession due to the COVID-19 pandemic. Economic activity was crippled almost across the board in light of lockdown measures implemented in several countries to contain the viral transmission. Financial markets went into a tailspin, whereas turbulence was seen in manufacturing, service and tourism sectors,...

Street Furniture media under 22 BTS stations allowing MACO to offer higher visual impact advertising and more creative content for brands. Street Furniture media has already started commercialisation in

gross margin. Q4’19 Net profit* was at THB 823 million (+4.3% YoY). - 2019 Revenue from sales grew by 5.4% YoY, amounting to THB 25,611 million, aligned with our guidance. Taking out effect from exchange

expansion and spectrum acquisition. FY18 Guidance On 23 January 2018, the company has acquired 80.10% of CSL shares through tender offering, with an aim to strengthen the growth potential in enterprise

and to create business cases for monetization in the future. Core service revenue ( Pre- TFRS 15) grew 2. 5% YoY with guidance maintained In summary, Pre- TFRS 15, AIS’ s core service revenue in 1Q19

margin guidance of 45-47% is maintained with the 9M18 margin at 46.2%. Market and Competitive Environment The mobile fixed-speed unlimited offerings have continued to take on more subscribers, limiting the

digit driven by all business segments. EBITDA margin is expected to be stable while budgeted for CAPEX of Bt20-25bn (see guidance on page 6). Significant Event for FY19 Since 1 January 2019, AIS has

exchange rate in JPY of investments on solar farms in Japan. In 2020, PDI pursues its new business strategy under the guidance of Managing Director which the Board has given its support for further expand

manufacturing. These developments are part of our strategic intention to expand our competitiveness in serving digital services and platforms to both consumers and enterprise. Full year guidance maintained For

/EN/Pages/News_Detail.aspx?SECID=5844 The ASEAN Capital Markets Forum Collaborates with International Capital Market Association to Introduce ASEAN Green Bond Standards guidance on the application of