of Consideration = 84.82 x 100 4,654.84 = 1.82% 4. Value of Securities Issued as Consideration for the Acquisition of the Asset Criteria Cannot be calculated, as the Company did not issue securities

Million Baht x 100 3,271.13 Million Baht = 10.70 percent 4. Value of Securities Issued as Consideration for the Acquisition of the Asset Criteria Cannot be calculated since the Company did not issue asset

the Company will not issue securities for the payment in relation to the Transaction. Appendix 1 7 Value of disposal transaction during 6 months prior to the Transaction pursuant to the Comparison of

consolidated financial statements of the Company as of 31 March 2017) Baht 11,395.54 million = 31.45% 4. Value of Securities Issued as Consideration This criteria does not apply as the Company will not issue

529.94 Million 14.72 4. Value of securities (Not applicable as the Company does not issue any securities for payment in kind) n/a In the absence of any transactions on disposal of any other assets over the

Tambon Thachin,Amphur Muangsamutsakhon,Samutsakhon 74000,Thailand. Basis Formula Transaction Size 4. Value of Securities This is not applicable because the Company shall not issue any new ordinary shares

= 297,000,000 + 1,000,000 * 100 1,415,193,074 Baht = 21.06% 4. Value of Securities This is not applicable because the Company shall not issue any new ordinary shares as payment for the assets. n/a The

profit 562,833 130,681 132,303 23,242 5. Total Transaction Value and Basis Used to Determine the Total Transaction Value The Company will issue and allot 98,815,840 new ordinary shares to existing

THB 460,000,000. Company shall issue the shares and convertible bond on a private placement basis. Equity Value (per share) Book Value Adjusted Book Value Price-to-Book Value Discounted Cashflow 0.33

406,236 195,781 Net profit 562,833 130,681 132,303 23,242 5. Total Transaction Value and Basis Used to Determine the Total Transaction Value The Company will issue and allot 98,815,840 new ordinary shares