over the next few months as we progress into more advanced stages of our projects. We continue to see good pipeline in domestic demand in Thailand for both HR and ERP projects. Other Income Other income

1 1Q21 MD&A Advanced Info Service Plc. Executive Summary Mobile revenue slightly recovered QoQ following strong acquisition and government stimulus In late 4Q20, the new phase of outbreak had re

1 FY20 MD&A Advanced Info Service Plc. Executive Summary Mobile business affected by weak economy and competition in data pricing Slowdown in economic and business activities had been observed

both financial and non-financial services, as we continue to gear up for being “The Bank of AEC+3” along with being a Regional Digital Bank. We have established our business direction primarily by

” concept. Moreover, under the “Segment of One” concept, we focus on strengthening our capabilities by using data and advanced technology to understand and anticipate each individual customer’s need and

20230208-ADVANC-MDA-4Q22-EN Classification: Internal FY22 MD&A Advanced Info Service Plc. 1 Executive Summary Maintaining growth in core products amid cautious economic recovery 2022 displayed an

continue to be developed and adopted, tail-end risk remains unpredictable and potentially undiscovered. This may cause incorrect decisions that finally result in losses. The adoption of innovative

1 2Q20 MD&A Advanced Info Service Plc. Executive Summary 2Q20 reflected the full effect of COVID-19 The effect from COVID-19 pandemic which had begun since Feb- 20 continued to fully develop in 2Q20

3Q21 MD&A Advanced Info Service Plc. Executive Summary Slight revenue improvement despite COVID restriction measures and continued competition During 3Q21, the economy remained subdue from COVID

1 2Q21 MD&A Advanced Info Service Plc. Executive Summary Prolonged economic impact from new phase of pandemic in 2Q21 As the new phase of pandemic re-emerged in the second quarter, we observed the