New Risk • May 16
New major risk - Revenue and earnings growth Earnings have declined by 3.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.8% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • May 16
First quarter 2026 earnings released: EPS: ฿0.061 (vs ฿0.075 in 1Q 2025) First quarter 2026 results: EPS: ฿0.061 (down from ฿0.075 in 1Q 2025). Revenue: ฿1.66b (flat on 1Q 2025). Net income: ฿113.5m (down 18% from 1Q 2025). Profit margin: 6.8% (down from 8.3% in 1Q 2025). Announcement • Apr 23
Asia Network International Public Company Limited Approves Dividend Payment for the Year Ended December 31, 2025 Asia Network International Public Company Limited at its AGM held on April 20, 2026 approved the allocation of net profit as legal reserve for the year ended December 31, 2025, and acknowledged the interim dividend payment with the details as follows: Approved the allocation of net profit as legal reserve for the year ended December 31, 2025 in the amount of THB 17,400,000; Acknowledged the interim dividend payment for the first nine months (January 1, 2025 September 30, 2025) at a rate of THB 0.15 per share, totaling THB 277,200,000; and Approved the dividend payment for the year ended December 31, 2025 to shareholders at a rate of THB 0.20 per share, totaling THB 369,600,000, and approve the remaining dividend payment at a rate of THB 0.05 per share, totaling THB 92,400,000. 
