network. Expect mid-single digit growth in FY19 In summary, AIS delivered Bt133,429mn of core service revenue for FY18, a growth of 3.8% YoY. EBITDA increased 4. 7% YoY to stand at Bt73,792mn or a margin

60,400 FBB ARPU (Baht/user/month) 610 573 574 563 558 1H19 Snapshot For 1H19, AIS has delivered core service revenue growth of 4.1% YoY, against the full-year 2019 guidance of mid-single digit growth

was Bt6,644mn, decreasing -1.7%YoY as D&A rose from new spectrum and expansion and decreasing -7.3%QoQ from unrealized foreign exchange loss and tax benefit in 4Q20. Market and Competitive Environment

% EBITDA Mid-single digit growth CAPEX (exclude spectrum) Bt27–30bn (depending on Foreign Exchange Rate) Core service revenue to grow cautiously amid risks and uncertainties at 3 – 5% In 2023, the

-single digit growth CAPEX (exclude spectrum) Bt27–30bn (depending on Foreign Exchange Rate) Core service revenue to grow cautiously amid risks and uncertainties at 3 – 5% In 2023, the macroeconomic outlook

service revenue Around 3 – 5 % EBITDA Mid-single digit growth CAPEX (exclude spectrum) Bt27–30bn (depending on Foreign Exchange Rate) Core service revenue to grow cautiously amid risks and uncertainties at

. Securities Code: TKT 2. Date of action resulting in reporting obligation: 29 October 2020 2.1 () Acquisition ( ) Disposition ( ) Through the Stock Exchange of Thailand via a securities company: Thai

. Securities Code: TKT 2. Date of action resulting in reporting obligation: 24 November 2020 2.1 () Acquisition ( ) Disposition ( ) Through the Stock Exchange of Thailand via a securities company: Thai

income 348 31% 65 2% -81% Selling expense -138 -12% -306 -10% 121% Administrative expense -286 -25% -437 -15% 53% Finance costs -136 -12% -207 -7% 52% Net gains on exchange rate 0 0% 91 3% n/a Share of

% Administrative expense -281 -29% -573 -24% 104% Finance costs -116 -12% -165 -7% 43% Net gains on exchange rate -349 -37% 171 7% 149% Share of loss from investment in joint ventures -33 -3% 33 1% 200% EBT 294 31