PowerPoint Presentation Sustainable Finance and Thai Bond Market Tada Phutthitada President Thai Bond Market Association August 5, 2019 (P1) (P2) (P3) EGAT / PEA สัญญาขายไฟฟ้า สัญญาขายไฟฟ้า สัญญาขาย

authorities system (EGAT, Metropolitan Electricity Authority (MEA) and Provincial Electricity Authority (PEA)) was 32,273 megawatts, occurred on May 3, 2019 at 02.27 pm, increased from the peak demand of 29,968

50, 000 shares, Baht 100 per share Characteristic of the project Aukkarawat power plant engage in the business of generating and selling electricity with the Provincial Electricity Authority (PEA

contract term, profitability of the contract remains the same. By the Standard, key changes compared to prior to 2019, are as follows: a) Device subsidy previously recognized as handset loss will be

resulted in reallocation between sales and service revenue as well as marketing expenses while device subsidy is capitalized as contract assets and amortized against the service revenue over the customer

169 163 151 148 136 Blended 186 181 170 168 156 VOU (GB/data sub/month) Postpaid 6.7 7.5 8.3 9.2 10.9 Prepaid 4.1 5.4 6.2 7.0 8.2 Blended 4.7 5.9 6.7 7.6 8.9 Device Penetration 4G-handset penetration 39

, Bangkok Registered Capital : 15,000,000 Baht Paid-up Capital : 15,000,000 Baht Essence in PPA of Pracharath Biomass Maelan Co., Ltd. Agreement Number : BMF1-PEA-001/2562 Signed Date : 14th March 2019

12.7 Prepaid 5.4 6.2 7.0 8.2 9.2 Blended 5.9 6.7 7.6 8.9 10.1 Device Penetration 4G-handset penetration 42% 46% 50% 54% 57% Fixed Broadband Business FBB subscribers 481,500 521,200 571,800 623,400

, AIS fully expensed handset subsidy as either handset loss or marketing expense. With the effect of TFRS 15, key financial changes, compared to prior to 2019, will be as follows: a) Device subsidy

, including new services which launched in the beginning of 2017, namely postpaid bill payment, traffic fine payment, data package for prepaid customers, Provincial Electricity Authority (PEA) bill payment, etc