competition also translated into a 4% reduction in total marketing expenses YoY. FY18 CAPEX was lowered as 4G coverage was mostly completed and investment of Bt20bn was to mainly support added capacity and FBB

13_MDA Q1_2563 EN -Translated Version- No. ECF2 018/2020 May 15, 2020 Subject: Management Discussion and Analysis of the 1st quarter ended 31 March, 2020 To President The Stock Exchange of Thailand

net profit of THB 1,808 million. The interim dividend is payable on 11 September 2020 (record date on 28 August 2020) and is translated to dividend payout ratio at approximately 78% of the consolidated

TRANSLATED VERSION As of November 21, 2012 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the

ประกาศคณะกรรมการกำกับหลักทรัพย์และตลาดหลักทรัพย์ TRANSLATED VERSION Codified up to No. 2 As of August 26, 2014. Readers should be aware that only the original Thai text has legal force and that this

TRANSLATED VERSION As of February 9, 2011 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the

documents under Paragraph 1 are translated from a foreign language, the foreign entity shall also proceed as follows: (1) certify that the substance of the translated information or documents has truly

documentation submitted to the SEC Office has been translated from any language other than Thai or English, the person having duty under this Notification shall also proceed accordingly; (a) have the translator

higher occupancy rate. - Revenue from Overseas Hotels was up by 5.3% yoy despite an adverse impact on the translated financial statements from foreign currency exchange due to Thai Baht appreciate against

TRANSLATED VERSION As of June 5, 2015 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the Capital