opinion that the increased investment value in Carnival Magic Project is under reasonable condition and will benefit the Company and its shareholders as specified in Item No. 8 13 12. Opinion of Audit
under reasonable condition and will benefit the Company and its shareholders as specified in Item No. 8 12. Opinion of Audit Committee That Differs from the Opinion of the Board of Directors - None - The
internal rate of return (EIRR) of not less than 20 percent. 9. Expected benefit Based on statistics of foreign tourists from the Department of Tourism in 2016, there are approximately 32 million foreign
items of assets if the conditions or the result of negotiations with WHART Trust show that such disposal or mortgage will not benefit to the Company and/or its shareholders or may cause unreasonable
expenses during operation for approximately Baht 80,000,000 3. Working capital for operation for approximately Baht 20,000,000 9. Expected benefit Based on statistics of foreign tourists from the Department
million or Baht 3,164 million1. The total investment value will not exceed USD 350 million or Baht 11,073 million1. 8. Expected Benefit from the Transaction o The said investment is considered a strategic
basis for calculating fee, including method of payment of fee or other benefit for the investment advisory company; (9) procedure of filing complaint, name, address, telephone number of the person or
disposals of PPE 29 331 - NA NA - - Management benefit expense (35) (33) (40) 14% 23% (40) - Other financial cost 3 (0) (5) -254% 1772% (5) - EBITDA 18,868 19,366 19,576 3.8% 1.1% 22,777 3,201 EBITDA margin
& amortization 8,556 9,052 9,572 12% 5.8% 24,960 27,471 10% (Gain) loss on disposals of PPE 12 15 (3.2) -127% -121% 22 40 82% Management benefit expense (41) (47) (30) -27% -36% (145) (112) -23% Other financial