2018) 2 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018/19 7 NOV 2018 2) PAYMENT (DIGITAL SERVICES) – ROBUST USER GROWTH SUPPORTED BY STRONG BUSINESS DEVELOPMENT Rabbit LinePay  We

rising following improved customer perception of our 4G network supported by the competitive spectrum portfolio. As a leading operator, AIS aims to be competitive in maintaining our mobile business scale

supported by the holding company. Gross Profit (Loss) The Company has a gross profit from sales of goods and services in the 1st quarter of 2020 of 169.62 million Baht, increased by 192.54 million Baht, or

supported by the holding company. Gross Profit (Loss) The Company has a gross profit from sales of goods and services in the 1st quarter of 2020 of 169.62 million Baht, increased by 192.54 million Baht, or

severance pay provision in 1H19. As a result, EBITDA (Pre-TFRS 16) was Bt38,714mn +1.8%YoY with a margin of 45.5% supported by saving in SG&A expenses offset by declined revenue. With the 2600MHz spectrum

such as credit card cash advance and YourCash while credit card shopping showed recovery at 3% q-q supported by domestic consumption in supermarket, online shopping and traveling. In addition, the Bank

, of revising down revenue projection, we expect EBITDA to be flat supported by the above mentioned ongoing cost program . Dividend policy at minimum 70% of net profit AIS is committed to driving long

remote working which supported subscriber growth, offsetting a decline YoY in ARPU from aggressive price offering in the market. • Enterprise non-mobile revenue & others were Bt1,486mn, increasing 29% YoY

total revenue of Bt46,712mn, improving 3.2% YoY due to the improvement in core service revenue and an increase in handset sales, supported by the economic recovery compared to 1Q22, which was still under

supported by the allocation and disbursement of the government’s budget and continued expansion in the export sector. Additionally, industrial production resumed growth leading to further expansion. As a