Cannot be calculated as there is no share issuance Calculation details of the transaction size of the investment in Target Group Hotels and Resorts Basis of calculation Transaction size 1. Net tangible
The Group as of December 31, 2018 as calculated from Total Value of Consideration Basis. As the transaction size is less than 15%, the transaction can be approved by the Company’s Board of Directors and
acquisition of Shares in Hero Experience at the total of Baht 280,000,000 as follows: Criteria Calculation Size of Transaction (Percent) 1. Net tangible asset basis (NTA) (0.325x2,413,694.08/890,370,716) x 100
Fax. 0 2204 2616 Baht 324,999,779.28 as follows: Criteria Calculation Size of Transaction (Percent ) 1. Net tangible asset basis (NTA) (0.375x2,413,694.08/816,498,859) x 100 1/ 0.11 2. Net profit basis
at the total of Baht 280,000,000 as follows: Criteria Calculation Size of Transaction (Percent ) 1. Net tangible asset basis (NTA) (0.325x2,413,694.08/890,370,716) x 100 1/ 0.09 2. Net profit basis
operation of the Company. 7. Basis Used to Determine the Value of Consideration The basis used to determine the value of consideration for the Transaction is the price mutually agreed by the Company and the
1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering
transaction’s size compared in 4 bases Basis of transaction size calculation 1) Value of the net tangible assets 2) Net operating profits 3) Total value of consideration 4) Value of equity shares NTA = Total
size compared in 4 bases Basis of transaction size calculation % 1) Value of the net tangible assets 118.53 2) Net operating profits 165.56 3) Total value of consideration 58.42 4) Value of equity shares