Microsoft Word - SET-AIS-CP 007-2020 Acquisition of spectrum license.docx (Translation) AIS-CP 007/2020 19 February 2020 Subject: Acquisition of spectrum license To: President The Stock Exchange of

Section 97 Securities and Exchange Act B.E. 2535 Section 97. A securities company shall maintain capital adequacy in accordance with the rules, conditions and procedures as specified by the SEC.

The Derivatives Act The Derivatives Act B.E. 2546 SECTION 18. In order to protect customers, maintain stability of the financial system or control the risks arising from derivatives, the SEC shall

of IRPC Clean Power Phase 2 (IRPC-CP Phase 2) in November 2017, in which GPSC holds 51% equity, has expanded the electricity generating capacity allowing the company to increase the volume of

and hospitals. Furthermore, the company and its subsidiaries has implemented strict policies to control and reduce expenses to maintain the rate of return and profitability. 1. Revenue from contract

2600MHz 700MHz Total Assets 350,171 100% 363,733 100% 2021 1,776 13,329 3,128 7,565 - - Trade payable 22,382 6.4% 22,310 6.1% 2022 - 14,040 - 7,565 - 3,473 ST loan & CP of LT loans 18,748 5.4% 17,205 4.7

was 6.4bn, -2.1% YoY, and -9.5% QoQ Excluding one-time items and FX loss, normalized NPAT was 6.7bn, +0.9% and -0.7% QoQ Continuous 5G subscriber scale expansion and maintain a leading position in 5G

- 6,394 3,128 - - - Trade payable 22,382 6.4% 22,500 6.1% 2022 - 14,142 - 7,565 - 3,473 ST loan & CP of LT loans 18,748 5.4% 12,738 3.4% 2023 7,820 7,629 - 7,565 - 3,473 CP of lease liabilities 10,213 2.9

Power (IRPC-CP Phase 1 and Phase 2) in November 2017, in which GPSC holds 51% equity, allowed the company to expand the electricity generating capacity resulting in an increase in volume of electricity

22,037 7.6% 22,382 6.4% 2022 - 14,040 - 7,565 - 1,758 ST loan & CP of LT loans 24,872 8.6% 18,748 5.4% 2023 7,820 7,483 - 7,565 - 1,758 CP of lease liabilities 0 0.0% 10,213 2.9% 2024 6,638 6,417 - 7,565