to the conditions specified in Section 8) To Securities Holders of Glow Energy Public Company Limited We, Global Power Synergy Public Company Limited (“GPSC” or the “Tender Offeror”) hereby offer to

will be required to use the funds received from the increased loan for the business operation of the UE Group Companies (as defined in Clause 3.1) only. In this regard, after the completion of the entire

conjunction with the consolidated financial statements and notes to financial statements. If not defined otherwise, all financial information presented in this document are in Thai Baht. The company presented

.  Deferred tax assets  Post-employment benefits under defined benefit plans.

in conjunction with the consolidated financial statements and financial statements notes. If not defined otherwise, all financial information presented in this document are in Thai Baht. The company

benefits under defined benefit plans.

retail public. The Fund is registered with the MAS as a Restricted Foreign Scheme. Shares of the Fund may only be offered to institutional and accredited investors (as defined in the Securities and Futures

total assets Other Ratios Debt to equity (times) = Total liabilities / Total equity 1 Number of days in the period is defined to have 360 days in a year. For example, 90 days and 180 days should be used

(MTBE), including certain R&D Centers, patents and technology (collectively referred to as the “Acquired Businesses/Assets”) by the Company and/or the Acquisition Subsidiaries (as defined in the enclosure

-recurring items 135.5 18.9 (3.3) (0.2) (102.4%) 1 Adjusted EBITDA for any year/period is defined as Profit (loss) before income taxes plus Finance costs, plus Depreciation and Amortization, deduct (plus) gain