1 3Q20 MD&A Advanced Info Service Plc. Executive Summary Continued economic impact on mobile business despite improved pandemic situation in Thailand With well-managed pandemic situation, domestic

% due to sales orders and cost of goods sold have been decreased and controlled inventories turnover to be less than 45 days. Also, the Crude Palm Oil (“CPO”) price was fluctuated in 2018 (in range of 7

support our provision of Cloud, Data Centers, ICT managed services as well as other enterprise verticals. Overall, the enterprise revenue, currently representing 10% of core service revenue including

AIS and CSL shall strongly support our provision of Cloud, Data Centers, ICT managed services as well as other enterprise verticals. Overall, the enterprise revenue, currently representing 10% of core

CSL outstanding shares. Following the acquisition, AIS will have greater capability to serve increasing business demand for digital solutions e.g. Cloud, business solutions, and managed services in the

2021. However, the Company had been managed inventories turnover to maximize efficiency. ▪ In the 1st quarter of 2021, the Biodiesel’s ratio of cost of sales to total revenue was increased from in the

. Paying Agent * L. Credit Rating รายการที่กําหนดในประกาศ กจ.4/2549 M. Applicable Law * III. RISK FACTORS รายการที่กําหนดในประกาศ กจ.4/2549 IV. MARKETS A. Identity of Exchanges and Regulated Markets × B

activities are controlled, the currencies in which cash and cash equivalents are held, the extent to which borrowings are at fixed rates, and the use of financial instruments for hedging purposes. 5

percent (35.0 percent in the year 2017). The gross margin was higher as the company could be controlled the volatility of raw material prices. In addition, the production and sales in this quarter decreased

jointly-controlled entity, which decreased by Baht 15.23 million or 43.74%. The Company wish to explain the main reasons change of Expenses as follows. Expenses: (Unit: Million Baht) Consolidated Separate