Quarter Ended 31 March, 2020 Page 2 (Translation) 1. Significant Events of the 1st quarter of 2020 1.1 Sales of Ordinary Shares of Hin Kong Power Holding Company Limited On January 3, 2020, the Company sold
based on The Stock Exchange of Thailand’s formula. - On 14 December 2017, the Company issued newly ordinary shares of 340mn shares as a result total share increased to 7,204mn shares as well as share
expansion of the digital network of the Company Group domestically and internationally. August • Received proceeds from a rights offering (“RO”) of THB 1,376mn through new issuance of 688mn ordinary shares at
to financial institutions. Additionally, the Company issued newly ordinary shares and warrants totally worth 3,894 million Baht to its existing shareholders as well as to the specific investor (Private
shareholding proportion and will serve the business expansion in the future. The purchase of shares in Dara Harbour Co., Ltd. for land sublet rights On 14 July 2017, the Company purchased 26 mn shares, or 65% of
ordinary shares of THB 7.00 baht per share. In addition, the Company issued 122mn ordinary shares to the existing shareholders of Kerry Express (Thailand) Limited. Hence, the Company recorded “Premium on
second quarter of the year 2019, the Company sold some TTW’s shares. As a result, the interest in the equity of TTW decreased to 18.47 percent. Following this sale, the Company reclassified the investment
1,74,000 ordinary shares with a par value of 10 Baht each, representing 60% of the total value of 17.4 million Baht. In 2019, the company has share of loss from investments in associate amount of 0.2 million
of the Company. As of December 31, 2018, SPI directly and indirectly owned 25.91% of the total issued and paid-up shares of the Company. Furthermore, the Company and SPI has 2 common directors. Hence