THE NEXT GROWTH CHAPTER INVESTOR DAY 2026 ADVANC:TB 6 February 2026 DISCLAIMER: Please be informed that this meeting is being recorded. By participating in this meeting, you have allowed AIS to collect, use, or disclose any personal data shared during this meeting by any means. Please do not copy, edit, or modify any content shared during this meeting for any purpose. 1 Agenda PRATTHANA LEELAPANANG Chief Executive Officer 3 AIS2028 – The Next Growth Chapter STRENGTHS WE BUILD FROM Telecom Connectivity Leade ...

Core Viewpoint - Terra Wolf's stock reached an all-time high following the announcement of preliminary earnings and a significant joint venture with Fluid Stack, indicating a strategic shift towards AI computing alongside traditional Bitcoin mining [1][4]. Company Developments - Terra Wolf reported preliminary earnings numbers for the upcoming quarter, contributing to a surge in stock price [1]. - The company announced a 25-year AI compute deal with Fluid Stack, which could potentially increase its annual revenue to over $380 million, significantly more than its current trailing sales of approximately $144 million [4][5]. - The partnership with Google, which holds about 14% of Terra Wolf through warrants, adds credibility and support to the company's business model [3][6]. Industry Trends - There is a notable trend of companies transitioning from Bitcoin mining to AI computing, with Terra Wolf being part of this shift alongside others like Applied Digital and CleanSpark [2][7]. - The integration of AI computing capabilities into traditional Bitcoin mining facilities is becoming common, as companies seek to optimize idle resources for cloud computing and data center needs [4][8]. Financial Insights - Prior to the announcement, sales estimates for Terra Wolf were around $200 million for the current year and $434 million for the next year, which are expected to rise significantly due to the new deal [5]. - The market capitalization of Terra Wolf is approximately $5.6 billion, which is relatively small compared to larger tech companies, indicating potential for growth in the AI infrastructure space [8]. Market Dynamics - The stock experienced an 18% rally, reflecting strong market momentum, which may also be influenced by a high short interest of about 25% of the free float [10].