pursuant to the Notification of the Capital Market Supervisory Board No. TorChor. 21/2551 Re: Rules on Connected Transactions and the Notification of the Board of Governors of the Stock Exchange of Thailand

: Director and Manager, The Stock Exchange of Thailand. Whereas, the Board Directors’ Meeting of We Retail Public Company Limited No. 5/2018, which was held on 5 November 2018. Resolved for the approval of the

1/4 REF: SET-2018-021 December 12, 2018 Subject Report of the Resolutions of Board of Directors’ Meeting No. 5/2018 – Related Party Transaction To President The Stock Exchange of Thailand Filter

: President The Stock Exchange of Thailand Singha Estate Public Company Limited (the “Company”) would like to inform the acquisition of asset and plan for disposal of assets as follows 1. Acquisition of Asset

UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the Capital Market

price pursuant to the Notification No.TorJor. 72/2558.which the Market Price is calculated from the weighted average price of the Company’s shares on the Stock Exchange of Thailand at least for the

Extraordinary General Meeting of the Shareholders No. 1/2561, Plans for listing CAZ (Thailand) Co., Ltd. on the Stock Exchange of Thailand Attention The President The Stock Exchange of Thailand Enclosure

Warrants : -None- Secondary market of the ordinary shares issued to accommodate Warrants : The Stock Exchange of Thailand 3. Allotment method of the Warrants 3.1 The Company will offer the Warrants to

the shareholding in subsidiary companies To: President The Stock Exchange of Thailand Attachment: Structure of the shareholding in subsidiary companies Filter Vision Public Company Limited (“the Company

1 No. CC20171103ELE November 13, 2017 Subject Report of the Resolutions of Board of Directors’ Meeting No. 5/2017 To President The Stock Exchange of Thailand The Board of Directors’ meeting of Cal