by closing Dusit Thani Hotel School (DTHS) in 4Q17 to utilize DTHS’s building and facilities as a research center for the development of culinary and hospitality programs under Dusit Thani Excellence

. SETHIWAN TOWER BUILDING, 12TH NO. 139 FLOOR, UNIT D, PAN ROAD, SILOM, BANGRAK, BANGKOK 10500 SI LOM, BANG RAK, Bangkok 10500 Tel.0-2675-3928 Fax.0-2675-3925 2 ELITE SECURITIES CO.,LTD. 546/7 PLOENCHIT RD

;), Kiatnakin Phatra Bank Public Company Limited ("KKPS"), Kumwell Corporation Public Company Limited ("KUMWEL"), Pan Asia Footwear Public Company Limited ("PAF"), Phatra Leasing

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

connected persons To : Managing Director The Stock Exchange of Thailand The meeting of the Board of Directors of Pan Asia Footwear Public Company Limited (the “Company”) No. 1/2019 held on 27 February 2019

connected persons(Additional) To : Managing Director The Stock Exchange of Thailand The meeting of the Board of Directors of Pan Asia Footwear Public Company Limited (the “Company”) No. 1/2019 held on 27

assistance Approved the renewal of a loan of 100 million baht with Mr.Boonsithi Chokwatana To Managing Director The Stock Exchange of Thailand According to the Board of Director Meeting of Pan Asia Footwear

financial assistance Approved the renewal of a loan of 60 million baht with Mr.Boonsithi Chokwatana To Managing Director The Stock Exchange of Thailand According to the Board of Director Meeting of Pan Asia

financial assistance Approved the renewal of a loan of 100 million baht with Mr.Boonsithi Chokwatana To Managing Director The Stock Exchange of Thailand According to the Board of Director Meeting of Pan Asia

receiving financial assistance To Managing Director The Stock Exchange of Thailand According to the Board of Director Meeting of Pan Asia Footwear Public Company Limited (“Company” or “PAF”) No. 4/2019 which