GLOW Acquisition Economic Direction 2020 Electricity Usage 2020 The effect of new accounting standards announcement (Effective in 2020) • In the year 2020, the company expects to be able to recognize the

Factors in 2020 Awards Received in Q3/2020 Synergy from Acquisition of GLOW Executive Summary In the year 2020, the Company expects to be able to recognize synergy value from the merger of approximately

appraiser by SEC and is not considered a connected person, as an independent appraiser to determine fair market value of the Target Group Hotels and Resorts. The appraisal report is to be used for public

of shares in the amount not exceeding, USD 320 million. Page 13 of 14 8. Basis for determining the value of consideration 8.1 Disposition of Assets In order to determine the total value of the assets

authorization of the Chief Executive Officer: (1) to enter into negotiations, agreement, to determine, change, amend any detail, condition, and procedure necessary for the acquisition of ordinary shares, the VTO

policy covers money market funds according to the notification on investment and of which investment meets the conditions set forth in Clause 21, where the mutual fund management company may determine that

the Company. 6. Criteria to determine total value of consideration The value of consideration is derived from share offer which does not exceed Baht 350,000,000. The Company shall offer the sale of

which the Board of Directors of the Company has the resolution. After this sale of shares of NINE, NINE will no longer have a status of an associated company of the Company. 6. Criteria to determine total

investing in short-term open-endmutualfund that the company has invested. 6. Total value and criteria used to determine the total value of the transaction The transaction is considered as a

higher return than bank deposits and investing in short-term open-end mutual fund that the company has invested. 6. Total value and criteria used to determine the total value of the transaction The