ONE ASSET MANAGEMENT LIMITED|Retirement Mutual Fund : RMF | Offering Date : 20/11/2003 - 28/11/2003

PRINCIPAL ASSET MANAGEMENT COMPANY LIMITED| ,Super Savings Fund : SSF | Offering Date : 14/11/2019 - 22/11/2019

BANGKOK CAPITAL ASSET MANAGEMENT COMPANY LIMITED| | Offering Date : 23/03/2020 - 27/03/2020

FIRST PLUS ASSET MANAGEMENT (THAILAND) COMPANY LIMITED|Retirement Mutual Fund : RMF | Offering Date : 15/12/2008 - 22/12/2008

contract term, profitability of the contract remains the same. By the Standard, key changes compared to prior to 2019, are as follows: a) Device subsidy previously recognized as handset loss will be

resulted in reallocation between sales and service revenue as well as marketing expenses while device subsidy is capitalized as contract assets and amortized against the service revenue over the customer

169 163 151 148 136 Blended 186 181 170 168 156 VOU (GB/data sub/month) Postpaid 6.7 7.5 8.3 9.2 10.9 Prepaid 4.1 5.4 6.2 7.0 8.2 Blended 4.7 5.9 6.7 7.6 8.9 Device Penetration 4G-handset penetration 39

12.7 Prepaid 5.4 6.2 7.0 8.2 9.2 Blended 5.9 6.7 7.6 8.9 10.1 Device Penetration 4G-handset penetration 42% 46% 50% 54% 57% Fixed Broadband Business FBB subscribers 481,500 521,200 571,800 623,400

, AIS fully expensed handset subsidy as either handset loss or marketing expense. With the effect of TFRS 15, key financial changes, compared to prior to 2019, will be as follows: a) Device subsidy

for users. Given an early stage of 5G technology, there are currently 16 models of 5G device with starting price over Bt10,000. Hence, adoption rate is expected to be limited this year. We continued to