issuance of 205mn ordinary shares at an offering price of the THB 1.60 per share, to the existing shareholders at a ratio of 10 existing ordinary shares for 1 newly issued ordinary shares. The Company has

incentives of a property fund for exemption of the value added tax, the specific business tax, and the stamp duty due to the conversion of a property fund into a real estate investment trust, as well as the

Company acquired 50% of the total ordinary shares in 4 subsidiaries of Sansiri Public Company Limited (Sansiri) at a total price of THB 75.5mn. As a result, (i) Siripat One Company Limited, (ii) Siripat Two

of 2018 were 51.9% and 50.8%, respectively. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the

working capital of the Company (4) Total Value, Size of the Transaction, and Criteria to Value the Transaction 4.1) Total Value of Transaction : Not more than THB 43,200,000.00; the calculation is as

(18.0) 93.0 38.1 144.3 Allowance for the decline in value of inventory 0.9 4.4 (80.0) 3.9 9.6 (59.6) Selling expenses 73.7 79.2 (7.0) 216.5 246.3 (12.1) Administrative expenses 38.0 36.9 3.1 142.5 111.6

of 265.40 square meters. 4. Total Value and rule for fixing of total value of the transaction 4.1) The transaction that the company made with the connected persons and their close relative during

Loan 4. Total Value and rule for fixing of total value of the transaction 4.1) The transaction that the company made with the connected persons and their close relative during period 6 months. Borrower

: Unsecure Loan 2 4. Total Value and rule for fixing of total value of the transaction 4.1) The transaction that the company made with the connected persons and their close relative during period 6 months

Payment : Monthly Other Conditions : None Objectives : To be used for working capital of FKT (4) Total Value, Size of the Transaction, and Criteria to Value the Transaction 4.1) Total Value of Transaction