ADVANC-MDA-1Q24-EN 1Q24 MD&A Advanced Info Service Plc. 1 Executive Summary Revenue base expansion from core business growth and acquisition of TTTBB 1Q24, Thai consumer confidence slightly improved

segments, we focus on creating innovations and managing financial products, as well as reinforcing our sales and service quality excellence, with greater consideration of consumer protection in order to

direct investment or indirect investment via mutual funds. The “Company or Juristic Partnership” has been redefined to include mutual funds which are subject to corporate income tax. 11. Consumer

trend. Therefore, it caused the brand royalty to be less. The Company managed the risks by listening to the comment and suggestion from different groups of consumer in order to develop the merchandises

party products in both general consumer goods and alcohol beverage categories. Following this, revenue growth from 3rd party products for distribution has been driven by the diversity of selective

consumer protection and customer privacy, taking into account the changing customer expectations for greater convenience and speediness over omni-channel. Beyond the above strategies, we focus on proactive

< 20% 20% - 50% 50% - 80% > 80% ตดทา หมายเหตท: กองททนรวมมทการลงททนกระจทกตววในหมวดอทตสาหกรรม Consumer Discretionary ควสมเสลพยงจสกกสรลงททนกระจทกในประเทศใดประเทศหนลพง (High Country Concentration Risk) ของ

< 20% 20% - 50% 50% - 80% > 80% ตดทา หมายเหตถ: กองทถนรวมมทการลงทถนกระจถกตววในหมวดอถตสาหกรรม Consumer Discretionary ควสมเสลพยงจสกกสรลงททนกระจทกในประเทศใดประเทศหนลพง (High Country Concentration Risk) ของ

than in 2017 which mainly supported by acceleration of global economy growth. Moreover, expansion in private consumption, export growth, and private investment from last year was due to higher consumer

Chinese. Meanwhile, level of domestic economic activities gradually increased. Consumption and investment of private sector steadily expanded consistent with the improving consumer confidence and business