: ANANDA DEVELOPMENT PUBLIC COMPANY LIMITED ANI: Asia Network International Public Company Limited AOT: AIRPORTS OF THAILAND PUBLIC COMPANY LIMITED AP: AP (THAILAND) PUBLIC COMPANY LIMITED APCO: ASIAN

Transaction”). The Kerry Shares Acquisition Transaction constitutes an acquisition of assets pursuant to the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering into

considered and based on the investment offer of Hero Experience under which the equity required for the development of the Project equals the value of the shares to be issued to the Company. Based on

to the lower market demand from economic slowdown and COVID-19 impact. • Condominium and hotel development projects in the Philippines under a JV with Metro Pacific Investments Corporation (MPIC): The

not be a price below the market price pursuant to the Notification of SEC No. Tor Chor. 72/2558 Re: Approval of Offer for Sale of Newly-Issued Shares by Listed Companies in a Private Placement, The

a par value of Baht 1 per share, Whereby the offering price shall not be a price below the market price pursuant to the Notification of SEC No. Tor Chor. 72/2558 Re: Approval of Offer for Sale of

transactions for listed companies as specified in The Notification of The Capital Market Supervisory Board No. Tor Chor. 21/2551, regarding rules on connected transactions provided as transactions relating to

volatility in the market, the company will inform of the price prior to April 30, 2020 through the Stock Exchange of Thailand. The price shall be the weighted average of 7 business days with a discount of no

for the development of the Project equals the value of the shares to be issued to the Company. บมจ.0107537002109 บริษทั ดีมีเตอร ์คอรป์อเรชัน่ จ ำกดั (มหำชน) Demeter Corporation Public Company Limited

6 December 2007 (Translation) Pace Development Corporation Public Company Limited 87/2 CRC Tower, All Seasons Place 45th Fl., Unit 3, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Thailand Tel