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to remain fragile as overall purchasing power has not yet recovered, and household debt remains at a high level. The operating result of the Company in this quarter is still in line with the plan

prices for most agricultural products remain low, resulting in a fragile recovery in consumption. This has also been effected by the reduction of spending stimulus measures by the government compared to

prices for most agricultural products remain low, resulting in a fragile recovery in consumption. This has also been effected by the reduction of spending stimulus measures by the government compared to

retraction of economic activities and consumer spending. The consumer sentiment remains fragile as the country waits for vaccination against the new variant. Despite of such economic weakness, we delivered

continued 5G network expansions. We ensured carrying out continuous cost optimization in all areas to soften this impact. Following the declined EBITDA, AIS reported a net profit of Bt26,011mn, decreasing

-2495-1366 Website: www.kkpfg.com http://www.kiatnakin.co.th/ 2 Overall Business Operations The Bank continued to deliver solid performance during 1Q21 with the consolidated net profit of the Bank and

despite flat service revenue, compensate by well-cost control. D&A increased by 2.7% YoY from spectrum license of 700MHz and 2.6GHz acquired in 9M21. Reported net profit was Bt20,059mn, decreasing -1% YoY

service revenue decline while the cost of service continued to rise from inflation which affects electricity cost. Following the declined EBITDA, AIS reported net profit of Bt6,032 mn, -5.4% YoY and -4.3