. Notification of the Capital Market Supervisory Board Tor Jor. 12/2559 Re: Application and Approval for Offer for Sale of Structured Notes ____________________ By virtue of Section 16/6 of the Securities and

Director The Stock Exchange of Thailand The meeting of the Board of Directors of Pan Asia Footwear Public Company Limited (the “Company”) No. 1/2020 held on 26 February 2020 has resolved approval of

NTA (3% of NTA = 13.28 Mb.)* whichever is higher. This transaction must be approved by the Board of Directors and disclosed to the Stock Exchange of Thailand but need not approval by the General

transaction must be approved by the Board of Directors and disclosed to the Stock Exchange of Thailand but need not approval by the General Shareholders Meeting. * Data from the financial statements on 31

1/3 REF: SET-2018-018 November 14, 2018 Subject Report of the Resolutions of Board of Directors’ Meeting No. 4/2018 To President The Stock Exchange of Thailand Filter Vision Public Company Limited

company whose shares are listed on Stock Exchange; (19/1)2 “foreign company” means a foreign company having obtained an approval to offer newly issued shares in accordance with the Notification of the

reference. - ราง - Notification of the Capital Market Supervisory Board No. Tor Jor. 63/2561 Re: Approval Rules on Offer for Sale of Newly Issued Bond of Foreign Entity Denominated in Thai Baht

30 September 2019 reviewed by the auditor. The transaction is required to get an approval from the Board of Directors and has to disclose the information to The Stock Exchange of Thailand. Director who

approval from the Board of Directors and has to disclose the information to The Stock Exchange of Thailand. Director who do not vote in the Board of Director meeting None The Board of Directors’ opinion The

financial statement as of 30 June 2018 reviewed by the auditor. The Company is required to get an approval from the Board of Directors and has to disclose the information to The Stock Exchange of Thailand