KASIKORN ASSET MANAGEMENT COMPANY LIMITED| | Offering Date : 27/11/2018 - 12/12/2018

KASIKORN ASSET MANAGEMENT COMPANY LIMITED|Cross Investing Fund, | Offering Date : 18/08/2020 - 25/08/2020

both pricing environment and handset campaigns despite lessen from previous year. Market was driven by postpaid acquisition via handset bundling package causing steady rise in blended ARPU throughout the

customers. Currently, 29% of fixed broadband users are subscribing to a fixed-mobile-content convergence package (FMC) and having ARPU of around 20% higher than the blended ARPU. However, following the

discontinuing fixed-speed unlimited plans, which have been limiting data monetization. As majority of fixed- speed unlimited subscriptions came in 2H18 with one-year validity, an uplift in blended ARPU remained

digital services and platforms to both consumers and enterprise. Continue growing core revenue with controlled marketing expenses In 1Q18, AIS reported service revenue of Bt34,565mn, +6.5% YoY and +2.5% QoQ

improved following on-going cost optimization and FY17 guidance maintained. AIS reported 3Q17 EBITDA of Bt17,589mn, +15% YoY and +2.8% QoQ, mainly due to revenue growth and controlled SG&A. YTD, AIS spent

from Bt156 in 2Q20 to Bt157 in 3Q20 as a result of price adjustment. Price competition had resulted in postpaid ARPU dilution, -4.8% QoQ to Bt498. Overall, blended ARPU declined to Bt237 or -6.8% YoY and

decrease in prepaid customers resulted from subscribers moving into postpaid. Blended ARPU increased 3.6% YoY with improved pricing; and remained flat QoQ. The subscribers for FBB business grew 38% YoY, and

decrease in prepaid customers resulted from subscribers moving into postpaid. Blended ARPU increased 3.6% YoY with improved pricing; and remained flat QoQ. The subscribers for FBB business grew 38% YoY, and