Development, the Ministry of Commerce. 3. The SEC approves the IPO of UAPC. 4. The SET approves to list UAPC shares. 10. Effects of the Spin-Of fon the Company and the Company’s Shareholders 1. Effects on

percent 3.0 3.3 3.9 4.0 -0.9 0.2 0.7 1.1 -2 -1 0 1 2 3 4 5 GDP Headline Inflation Thailand Economic Growth Sources: Office of the National Economic and Social Development Board and Ministry of Commerce

Ministry of Commerce Projection by KResearch 2017 2017 Ye ar -o n- Ye ar C ha ng e (p er ce nt ) 2 1.2 Banking Industry and Competition In the third quarter of 2017, net profit of most commercial banks

3 4 5 6 3Q 2017 4Q 2017 1Q 2018 2Q 2018 GDP Headline Inflation Thailand Economic Growth Sources: Office of the National Economic and Social Development Board and Ministry of Commerce Ye ar- on -Y ea r

shares. The weighted average price using in the calculation must be the daily average price for trading. In the case that the Board of Directors of the Company views there are reasonable causes

transaction is appropriate and reasonable in light of price and conditions since value of consideration of KMM is higher than the assessed price. In addition, the Company will be recognized the profit in

are expected to be held during June – September 2018 and the registration of a new company with the Ministry of Commerce is expected to take place during September 2018. บริษทั นามยง เทอร์มนัิล จ ากดั

issuance of warrants and underlying shares; (5) a copy of a shareholders’ resolution approving the issuance of underlying shares; (6) a copy of the company’s certificate issued by the Ministry of Commerce no

which is graced by the presences of Mr. Jurin Laksanawisit, the Deputy Prime Minister of Thailand and the Minister of Commerce, who inaugurated the event, and Mr. Kobsak Pootrakool, Deputy Secretary

, subscription of such shares, and manipulation of delivering and disclosing the relevant information to the Ministry of Commerce, SEC, SET, and relevant agencies or authorities; 2. Execution, alteration