million, due to investment in exploration and appraisal expense of THB 412 million, but reduced due to asset impairment for the expenses used in the exploration and production of the Gurita PSC by THB 112

1 25 May 2020 Subject: Notification on Resolution of the Board of Directors’ Meeting No. 5/2020, Change of Directors and Directors’ Power, Entering into Connected Transaction, Entering into Transaction on Acquisition of Assets and Determination of the 2020 Annual General Meeting of Shareholders To: Director and Manager The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Acquisition of Assets (Schedule 1) and the Entry into Connected Transaction of Nation Broadcasting Corpor...

Criteria Land for constructing the plant 5.06 Appraisal by 3rd party appraisal company Water well 10 years rental 12.00 Design and exploration cost 5.00 Comparison done by the advisor to the project by price

relevant ethics. 5. Having a performance appraisal system of personnel for every unit. 6. The personnel should have knowledge and understanding of the responsible work e.g. the compliance officer should have

educational background and related work experience. Such personnel should not have record in violation of the relevant ethics. 5. Having a performance appraisal system of personnel for every unit. 6. The

consolidated financial statements, which is a record of asset impairment in the Gulita and Mid-Galoc oil fields, and the assessment of resource reserves in the Galoc field which was lower than last year. In 2017

value, according to report on public purpose dated 6 December 2019, of an appraisal company Knight Frank Chartered (Thailand) Company Limited, a company that has been approved by the Securities and

true str interests of t bidding proc x months aft all invite bus fer a bidding the Company n that the pri ice” approve ny engaged a g of the busin appraisal of d buildings l of land, with ; cated on Bang

during the course of business undertaking shall be taken into account in making risk appraisal; (3) measures for prevention of inside information leaking between work units and personnel of a securities

company. All types of risks which may occur during the course of business undertaking shall be taken into account in making risk appraisal; (3) measures for prevention of inside information leaking between