-Translation- No. ECF2 044/2561 3 December 2018 Subject: Notification of the resolutions of the Board of Directors’ Meeting approving the investment in purchasing the ordinary shares of S-TREK (Thailand) Co., Ltd., capital increase, and the issuance and allocation of the newly issued ordinary shares to the specific person under the private placement basis, and the schedule for Extraordinary General Meeting No. 1/2019 To President The Stock Exchange of Thailand Enclosure 1. Information Memorandum...

distributor, while FKRMM is a distributor of motorcycle tire and tube, therefore they do not have any conflict of interest but support each other. The shares acquisition of FKRMM meets 4 criteria of exemption

Analysis Cash and cash equivalents in 4Q 2018 end decreased to 39mTHB, down by 11mTHB from the 50mTHB at the end of Q3 2018. Major changes are increased financing cost due to the acquisition in Q1, income

cash equivalents increased by Baht 10. 60 million due to better liquidity of the group as a result from Initial Public Offering (IPO). • Restricted cash decreased by Baht 51. 06 million because repayment

million, decreased 2% from year 2017. Current assets mainly increased from the increase of cash and cash equivalents, trade accounts receivable and inventory of the Subsidiary Company. Non-current assets

Assets 2018 2017 + (-) % (in million Baht) Current assets Cash and cash equivalents 258 591 (129%) Temporary investment-trading security 11 12 (6%) Trade accounts receivable 14 48 (249%) Amounts receivable

from the decrease of inventory, cash and cash equivalents. Non-current assets mainly decreased from depreciation. บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public Company Limited Management Discussion and

, decreased 2% from year 2018. Current assets mainly came from the decrease of inventory of subsidiary, however cash and cash equivalents for both the Company and subsidiary increase. Non-current assets mainly

cash equivalents, trade accounts receivable and inventories whereas the decreased in non-current assets mainly due to the depreciation for property, plant and equipment.  Total Liabilities As of 31

Transaction amount USD 7,241 approximately Baht 246,908.69 Pricing policy At Book Value and near market value Payment term By cash with 60 days of credit term The reason In order to support for factory