Meepien 4. Mr.Surat Wongratanapassorn 9) Opinions by the company’s Board of Directors : Agree to approve this transaction as the normal business transactions. Also, the price and conditions are reasonable

620/5 Moo 11 Nongkham, Sriracha, Chonburi 20230 Thailand Tel. 66-38 480-020-1 FAX. 66-38 480-080 AF.06/2020 26 February 2020 Subject The Information of the connected transaction on receiving

directors) has considered and agreed that; 6.1 The remuneration is reasonable. 6.2 The transaction is in the best interest of the Company since the service provider is knowledgeable and experienced in the

Board of Directors considered and has opinions that this transaction is reasonable and beneficial to the company for use as working capital in the operations of the company. The interest rate 4.9% per

Board of Directors has considered and viewed that the entry into this transaction is reasonable and beneficial to the Company and the shareholders due to it is the business expansion to support the growth

the tax exemption for corporate income from BOI, therefore, the dividend is free for income tax. 2. The Board of Directors had approved the related transaction as following detail; 2.1 Disposal on fixed

conditions precedent as specified in SPA. 11. Opinion from the Board of Directors The Board of Directors considered that the expected rate of return and associated risks of this transaction are reasonable and

fixed asset 1st transaction Partners of Contract Seller: Cal-Comp Electronics (Thailand) PCL. (“CCET”) Buyer: Kinpo Electronics (Philippines) Inc. (“KPPH”) Type of fixed asset 15 sets of Automatic Guided

บริษัท วนชัย กรุ๊ป จำกัด(มหาชน) -Translation- 22 June 2020 Subject : Disclosure of connected transaction Attention : President The Stock Exchange of Thailand Vanachai Group Public Company "VNG" would

and profits through consolidation of financial statements of the Subsidiary that will invest in this project. Therefore, the transaction is deemed reasonable and beneficial and will help enhance the