PHILLIP ASSET MANAGEMENT COMPANY LIMITED|Feeder Fund | Offering Date : 16/04/2021 - 26/04/2021

to mid-single digit, while maintaining EBITDA outlook with low-single digit decline and CAPEX of around Bt35bn. Market and Competitive Environment In 3Q20, mobile competition remained stable as all

, but competition and inflation continued to pressure the top line. Mobile revenue reported Bt29,107mn, a slight decline -0.3% YoY and -0.4%QoQ. The key effect was prominent in the prepaid segment which

, but competition and inflation continued to pressure the top line. Mobile revenue reported Bt29,107mn, a slight decline -0.3% YoY and -0.4%QoQ. The key effect was prominent in the prepaid segment which

, but competition and inflation continued to pressure the top line. Mobile revenue reported Bt29,107mn, a slight decline -0.3% YoY and -0.4%QoQ. The key effect was prominent in the prepaid segment which

expect to decline low- single digit from effect of COVID-19 and competition, while CAPEX is approximately Bt35bn. 2 2Q20 MD&A Advanced Info Service Plc. Significant Event in 2Q20 1. In Jun-20, AIS

1 2017 MD&A Advanced Info Service Plc. Executive Summary In 2017, mobile business improved from stronger 4G positioning amidst competitive environment. Competitive landscape remained challenging in

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

Statement 26 Financial Ratios 27 Environment Management Accounting 29 3 Management Discussion and Analysis of Business Operation for Q1/2020 Bangchak Corporation Plc. | Executive Summary Summary of the

around unlimited data plan. AIS had seen weaken mobile revenue due to consumer spending optimization and loss of revenue from traveler segment led to -6.5%YoY decline in mobile service revenue for FY2020