offsetting such discount. In 2Q20, The Company, with full impact from COVID-19, reported total revenue of THB 927m, decreased by 61% YoY. The major drivers of such decline were 51% drop in revenue from sales

to mid-single digit, while maintaining EBITDA outlook with low-single digit decline and CAPEX of around Bt35bn. Market and Competitive Environment In 3Q20, mobile competition remained stable as all

expect to decline low- single digit from effect of COVID-19 and competition, while CAPEX is approximately Bt35bn. 2 2Q20 MD&A Advanced Info Service Plc. Significant Event in 2Q20 1. In Jun-20, AIS

speed of the market has shifted from 30Mbps in 2017 to 50Mbps in 2018 with a similar price range of around Bt600. Overall, pure broadband operators mainly used pricing strategy while integrated operators

around unlimited data plan. AIS had seen weaken mobile revenue due to consumer spending optimization and loss of revenue from traveler segment led to -6.5%YoY decline in mobile service revenue for FY2020

. The reason for the decrease in Online sales is similar to the Branch sales, which is caused by the decline in consumers’ purchasing power compared to the same period last year. Nevertheless, the Company

Baht 8.91 million, decrease Baht 11.53 million or decrease 129.37% , due to sale on obsolete machine cause to revert allowance for decline value which was previously recorded as a loss from impairment on

CONFIDENTIAL. FOR PROFESSIONAL INVESTORS ONLY. OTHER INFLUENCES 6 1. Governments: As part of its Nationally Determined Contributions (NDCs), Thailand has targeted a 20% decline in projected greenhouse gas

Dubai crude in Q1/2020 was at 50.41 $/BBL, a decline of 11.63 $/BBL, or a decline approaching almost 20% from the previous quarter. Moreover, the COVID-19 outbreak in Thailand caused demand for fuel

capacity (new Kiln 7 started in Hua Pha Way in Q1) and the full effect of Saraburi Quicklime. Similar to Q2 2018, the revenue was primarily from core business without significant contribution from