7 AUGUST 2019 MASTER AD PUBLIC COMPANY LIMITED NATIONWIDE COVERAGE 4 264 128 135 690 150 111 428 Operating Revenue Billboard and Other Street Furniture and Digital System Integration 2Q 2018 2Q 2019

% QoQ benefited from a better operating performance, fully depreciated 3G assets, and one-time gain recognized in this quarter. 3Q23 MD&A Advanced Info Service Plc. 2 3Q23 Operational Summary 3Q23

, profitability continued to improve following better operating results. EBITDA stood at Bt18,454mn, improving 23% YoY and 4.9% QoQ, with a margin of 44.8%. The EBITDA has more than offset the increasing network

mobile leadership and expanding other businesses. As process digitization continues, operating expense is expected to be controlled, offset by the cost to support network growth in all businesses. As a

support our aspiration in 2019, we ensure to allocate sufficient capital to marking our core mobile leadership and expanding other businesses. As process digitization continues, operating expense is

operating cost by adding value to their products and expanding selling channels instead. With anticipate the Thai economy to grow by 3.8 percent in 2017, revised upward from the previous forecast and higher

international business expansion vehicle for VGI. Strengthening its international footprint is an integral part of MACO’s strategy and VGM will be the flagbearer in expanding its Out-of-Home (“OOH”) media

Q4 which created a decline in mobile service revenue in this quarter. Following the EBITDA movement, AIS reported a net profit of Bt6,757mn, improved 7.1% YoY from better operating performance, lower

riding on returned tourism activities. The device sales has also benefited from government tax stimulus early in the quarter. Consumers continued seeking packages that catered to their expanding digital

(3.82) (31.73%) 34.51 24.89 9.62 38.67% Selling and administrative expenses 126.97 132.72 (5.75) (4.33%) 369.48 332.19 37.29 11.22% Operating profit 349.25 421.06 (71.81) (17.06%) 1,182.19 1,217.90 (35.71