Derivative Warrants | SIM42C1508A | DERIVATIVE CALL WARRANTS ON SAMART I-MOBILE PUBLIC COMPANY LIMITED ISSUED BY MAYBANK KIM ENG SECURITIES (THAILAND) PUBLIC COMPANY LIMITED LAST TRADING IN AUGUST

Derivative Warrants | SIM01C1506A | DERIVATIVE CALL WARRANTS ON SAMART I-MOBILE PUBLIC COMPANY LIMITED ISSUED BY BUALUANG SECURITIES PUBLIC COMPANY LIMITED LAST TRADING IN JUNE 2015 # A | Stock in

1 Executive Summary AIS continued to build on leadership in mobile data through improved 4G quality and brand perception. In 1Q17, CAPEX of Bt11.5bn was spent to strengthen 4G network quality through

generated a slight increase in service revenue (+2.1% YoY and 1.4% QoQ). Our mobile business was flat both YoY and QoQ driven by soft consumer spending offset by our movement to retain market share and build

inevitably brought down the average selling prices, thus affecting sales revenue of wholesales/ retails. And the slow economic growth in ASEAN markets stemming from Global economy slowdown in 2019 also lowered

simultaneously allows for loyalty point collection through the Mobile EDC. Moreover, the company still retains its service station expansion strategy, despite easing on portions of the investment due to the

Program coinciding with the new Bangchak Mobile Application, and has expanded the varieties of non-oil products and services to better suit consumers’ need. The company’s retail sales market share was at

membership card, “Bangchak Green Miles” debuted, and Bangchak Mobile Application which provide customers with convenience and swiftness was introduced. However, net marketing margin declined from the

(“the Company”) are pleased to submit this Management Discussion and Analysis for the three-month and nine-month periods ended 30 September 2018 with details as follows: Summary overview Thailand Mobile

expenses. In Q3/2017 the Company recorded the Baht 5.38 million After moving the production equipment to Prachinburi plant and utilizing the plant to produce the product, the production cost has been lowered