ANNUAL REPORT 2018 TRANSFORM INTO A TRUE DIGITAL LIFE

INVESTMENT STRUCTURE BY BUSINESS GROUP

AS AT 31ST DECEMBER 2018

True Corporation Public Company Limited and Subsidiaries

• Digital Platform • TrueMove H • TrueVisions • TrueOnline and Digital Services • Other True Move H Universal True Visions Group Co., Ltd. True Corporation True Digital & Media Telecom Holding Co., Ltd. Communication Co., Ltd. 100.00 % Public Company Limited Platform Co., Ltd. 100.00 % 100.00 % 100.00 % True Visions Public True Public Inter Teletech True Move Co., Ltd. Company Limited Communication Co., Ltd. Public Company Limited 99.70 % 99.53 %% 100.00 % 99.74 % True Touch Co., Ltd. K.I.N. (Thailand) Co., Ltd. True Distribution and Cineplex Co., Ltd. 100.00 % Sales Co., Ltd. 100.00 % (Foreign) 99.70 % Asia Wireless 100.00 % True Visions Cable Public Communication Co., Ltd MKSC World Dot Com Co., Ltd. True Music Co., Ltd. Company Limited 100.00 % 99.67 % 99.10 % 91.08 % True Voice Co., Ltd. True Incube Co., Ltd. Telecom Asset Satellite Service Co., Ltd. 55.00 % 100.00 % Management Co.,Ltd. 99.53 % 100.00 % True Multimedia Co., Ltd True Trademark Holdings Panther Entertainment Co., Ltd. 91.08 % Company Limited Real Move Co., Ltd. 99.99 % 100.00 % 99.74 % True Internet Corporation Co., Ltd. AP&J Productions Co., Ltd. 100.00 % Gold Palace Investments True International 70.00 % Limited Communication Co., Ltd True Life Plus Co., Ltd. 100.00 % 100.00 % True Media Solutions Co., Ltd. 100.00 % Golden Light Co., Ltd. 100.00 % BFKT (Thailand) Limited. True Axion Interactive Ltd. 100.00 % 100.00 % True United Football Club Co., Ltd. 40.00 % Goldsky Co., Ltd. 70.00 % 100.00 % True Vistas Co., Ltd. SM True Co., Ltd. 100.00 % Transformation Films Co., Ltd. 34.69 % 51.00 % Internet Knowledge Service Center Co., Ltd. Thai News Network (TNN) Co., Ltd. 56.93 % 100.00 % KSC Commercial Internet Co., Ltd. Station Co., Ltd. 56.84 % 100.00 % True International True CJ Creations Co., Ltd. Gateway Co., Ltd. 51.00 % 100.00 % True E-Logistics Co., Ltd. True GS Co., Ltd. (formerly “True Information 46.80 % Technology Co., Ltd.”) 100.00 % True Icontent Co., Ltd. 100.00 % True Digital Park Co., Ltd. 100.00 % True Internet Technology (Shanghai) Co., Ltd. 100.00 %

Remark: • The companies that are inactive but need to be maintained are Telecom KSC Co., Ltd. (34.39%) Hutchison MultiMedia Services (Thailand) Limited (100.00%) Hutchison Telecommunications (Thailand) Co., Ltd. (100.00%) Hutchison CAT Wireless MultiMedia Limited (68.20%) Hutchison Wireless MultiMedia Holdings Limited (92.26%) Rosy Legend Limited (99.74%) Prospect Gain Limited (100.00%) Samut Pakan Media Corporation Co., Ltd. (99.69%) Song Dao Co., Ltd. (99.71%) and Tele Engineering and Services Co., Ltd. (100.00%) • The Company in process of liquidation are Asia Infonet Co., Ltd. (65.00%) and BeboyCG Co., Ltd. (84.67%)

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