transaction between the trust and the trust manager or its related person; (d) the trust manager is granted with an approval on the offering by the SEC Office. Clause 7 The stipulation concerning the decrease

- 5 - transaction is within the approval authorization of the Board of Directors, without requiring to report the information to the Stock Exchange of Thailand as well as arrange of the shareholders

and approval to acquire the entire business from SQL. In this regard, the executive directors or any person will be assigned to have an authorization for consideration, approval or any action which is

). As a result, such transaction is within the approval authorization of the Board of Directors, without requiring to report the information to the Stock Exchange of Thailand as well as arrange of the

). As a result, such transaction is within the approval authorization of the Board of Directors, without .../7 - 7 - requiring to report the information to the Stock Exchange of Thailand as well as

the above regardless of the title, and includes any person who has full or partial authorization under an agreement of management; “member” means any member of a derivatives exchange. 3 Chapter 2

, procurement, and general administration. The company also gives clear scope of authorities and approval hierarchy of each management level to prevent fraudulence. For example, the company establishes: chart of

asking for permission (if any) 4.1 The company must have the approval of the shareholders to issue the new shares and offer the shares to the current shareholders with votes no less than ¾ of all the votes

Exchange of Thailand (“SET”) persuant to the Notification on Connected Transaction. b) To seek for approval on connected transactions from the meeting of shareholders with the votes of not less than three

consideration and approval of all matters under items 2 to 4 are not approved by the Shareholders’ Meeting. 6. It was resolved to approve the authorization of either the Chief Executive Officer or the person