Mr. Perajed Suwannapasri Between 2019 and 2020, Mr. Perajed Suwannapasri, while serving as a director and executive of Gift Infinite Public Company Limited (“GIFT”) (now renamed as RSXYZ PUBLIC

diligence on the projects, verify investors’ identities and status, and conduct risk assessment of investors. Issuing of each ICO can be offered the unlimited amount to institutional investors, ultra-high

worth investors, venture capital businesses and private equity funds at an unlimited amount. Investment is capped at no more than 300,000 baht per ICO project for each individual investor, or no more

in Gift Infinite Public Company Limited, Disposals of investment in RS LiveWell Company Limited and a business under RS Mall Company Limited, Capital decrease, Capital increase, Issuance and offering

1 2Q19 MD&A Advanced Info Service Plc. Executive Summary Competition in mobile saw an improvement In 2Q19 the price competition in mobile industry had improved with fixed speed unlimited data pricing

percent of sales when compared to the same period of 2018 with gain on exchange rate of 0.48 million baht or 0.06 percent of sales or 260.70 percent increase. - Affiliated companies (Gratitude Infinite

Co., Ltd.), a name similar to GIFT’s former name (Gratitude Infinite Public Company Limited), to operate a business of the same nature as GIFT and in direct competition with GIFT. Evidence indicated

operators retained higher price point for unlimited data plan which had been raised since 2Q20. However, overall pricing environment was still challenging to uplift ARPU as customers affected by sluggish

-border gateway for other e-wallets. Revenue continued pressured by unlimited plans Mobile revenue in 3Q18 remained softened from the customer’s subscription of fixed-speed unlimited plans, resulting in

consumer spending, industry continued to offer value- for- money mobile data to attract customers. Mobile ARPU continued to be pressured by unlimited data plan; albeit some initiated effort to raise price