assets and sell those that are no longer useful. In doing so expenses will be reduced and cash will be generated to invest in new M&A targets.  Further manage down its OPEX to minimize spending

tangible assets in the sectors of real estate and renewable energy. In addition, the Company continuously manages down its OPEX throughout the period to minimize spending

revenue”, grew 5.4%YoY from the demand for EDS and Cloud. Network OPEX excluding cost of TOT partnership was +9.4% increase YoY, as the base rental and utilities increased from 4G/5G network expansion

service was Bt21,950mn, increasing 1.9% YoY from higher network OPEX which following higher electricity cost. However, it decreased -0.4% QoQ mainly from lower cost of cloud for sales in line with lower

investment plan to strengthen leading position causing network opex to increase 3.3%YoY and flat QoQ. However, this was offset by decrease in cost related to revenue, such as regulatory fee and prepaid

useful. In doing so expenses will be reduced and cash will be generated to invest in new M&A targets. • Further manage down its OPEX to minimize spending. • Continue its quest for new projects within

previous year. • Network OPEX & NT partnership cost was at Bt20,075mn, increasing 4.9%YoY due to the increased utility cost following the rising energy price and higher required network capacities and base

and 7.0% QoQ came largely from TTTBB’s assets and lease agreement, while the impact from the new 700MHz spectrum offset with fully depreciated asset in the quarter. Network OPEX rose 5.3% YoY and 3.0

% YoY due to consolidation of right-of- use assets from TTTBB’s acquisition, and increasing 2.1% QoQ due to ongoing 5G investments. • Network OPEX & NT partnership cost was at Bt5,453mn, increasing 1.1

the revenue from equipment rental while the cost of roaming is presented under network OPEX. The net financial impact before and after the agreements’ effective date does not materially change. 4. The