connected transaction size is 12.76%, which is greater than 3.00%, of net tangible assets of LPH and its subsidiaries constituted under large-size criteria of connected transaction. The Company is required to

POST 018/2019 16 December 2019 Subject Notification of the resolutions of the Board of Directors Meeting No. 5/2019 regarding the acquisition and disposition of assets and connected transaction

Prefecture, Japan Contracted capacity : 154.98 MW Installed capacity : 182.76 MW Feed-in Tariff (FiT) : 36 JPY / kWh Concession life : 20 years Relation with the Company : Not a connected person with the

percent of the h the value nths, the total - Translation x Insurance (T 8 of JMT Ne assed a resolu ny Limited (“P of the transa oenix Insuran on-Life Insuran 2,000,000 Ba 2,000,000 Ba e Company w sting

disposition of assets and connected transaction 2. POST 019/ 2019 dated 16 December 2019 Notification convening date of the Extraordinary General Meeting of Shareholders No. 1/2020 3. POST 003/2020 dated 3

to start supplying electricity t o commercial operation in May 2022 Concession life : 20 years   - 15 - Relation with the Company : Not a connected person with the Company, its directors, executives

to start supplying electricity t o commercial operation in May 2022 Concession life : 20 years Relation with the Company : Not a connected person with the Company, its directors, executives, and major

accordance with the Notification of Acquisition or Disposal of Assets.   - 3 - However, such acquisition is not considered an entry into the transaction with the Company’s connected person. Thus, it is not

Phoenix Insurance (Thailand) Public Company Limited (“Phoenix”), which engages in Non-Life Insurance, for 55 percent of total paid-up capital with total value of the transaction not exceeding 400 million

management; “Connected person” means: (1) Ordinary partnership of which the fund supervisor or its directors, managers or persons with power of management who are responsible for the line of work relating to