and Front-End Fee 41.31 2.84 Page 7 Asset and Capital Transaction Initial Cost (Baht million) Initial Cost (percent) 6. Start-up Expense 54.03 3.71 7. Working Capital 41.40 2.84 Total Expenses of the

. Start-up Expense 54.03 3.71 7. Working Capital 41.40 2.84 Total Expenses of the Project Investment 1,456.31 100.00 6. The Basis of the Value of Consideration Paid The Company will enter into the assets

to repay the debt within the specified time and to be able to reduce the burden of increasing interest that occurs from the debt burden. Furthermore, the Company may use the proceeds as the working

of THB 144mn, being adjusted by 1) an increase in net non-cash reconciling items of THB 79mn and (2) an increase in net working capital of THB 102mn. After deducting net cash paid for corporate income

of THB 331mn, being partially offset by (i) non-cash reconciling items of THB 451mn and (ii) changes in net working capital of THB 548mn. After deducting cash paid for interest expenses of THB 635mn

working capital with the total amount of 205 million Baht. 7 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 3, Wireless Road, Lumpini

received from this disposing of Subsidiary’s ordinary shares, the Company will use as working capital. 10. Conditions for the entering into the transaction This entering into the transaction is considered as

the money as working capital of the company and increase good investment opportunities in the future. 6. Details of disposed assets Asset type : Four (4) land plots located in Bangpongpang sub-district

380,000 Baht 5. Purpose of transaction : In order to use the money as working capital of the company and increase good investment opportunities in the future. 6. Details of disposed assets Asset type : Four

assets as a tax expense of 4.15 million Baht, since it is expected that it might not be used as tax benefit. Financial Cost The Company and subsidiaries had the cost of borrowing for working capital from