1 FY18 MD&A Advanced Info Service Plc. Executive Summary Maintained leadership in mobile business In FY18 competition in mobile industry remained elevated particularly on data pricing with fixed

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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

declined SGA (-15% yoy, -6% qoq). Our reported NPAT was 7bn, +0.6% yoy and +6% qoq. Excluding one-time items, normalized NPAT was 6.6bn, -5%yoy and flat qoq. Focused on 5G leadership in network and customer

full-year is maintained. Acquired 700MHz spectrum to strengthen network leadership in both short and long term In June-19, NBTC held an allocation of 700MHz, of which AIS has won 2x10MHz bandwidth. The

invest for leadership both on network quality and customer perception. Significant Event in 3Q21 1. In Sep-21, AIS entered into a settlement on some of the legal disputes with National Telecom Public

budget of 20-25bn. For FY20, AIS will focus on maintaining its mobile business leadership with superior network quality, competitive pricing and enhanced retention program. Fixed broadband business is

all android handsets, to exhibit leadership in 4G. Handset subsidies remained stable and more targeted; however, the competition in fixed- speed unlimited plans has challenged an ability to increase

- TFRS 16) was Bt28,423mn, declined -8.9%YoY while CAPEX was Bt35bn for 5G/4G network and FBB in-line with guidance. For FY21, AIS aims to strengthen leadership with 5G service to capture high- value

following revenue decline while maintaining FY22 guidance AIS continued to enhance operating efficiency while expanding 5G/4G to strengthen our network leadership, reflected in a muted increase in both cost