Page 1 of 3 No. ACC1903/001 March 1, 2019 Subject: Approval to enter into Contract to sell of Common Stock (additional 2) To: President The Stock Exchange of Thailand According to the Board of
Audit Committee has resolved that proposal of engagement on outsourcing service shall be approved and proposed to the Board of Directors for further approval. Opinion of the Board of Director: The Board
approval of the returning on 27 June 2019. Therefore, the Group has determined the recoverable amount from the fair value less costs of disposal which is the compensation, according to the notification
Company's net tangible asset value as per the consolidated financial statements ended on 31 st March 2018, it is a medium sized transaction requiring the Company to: (a) take the approval of the Board of
be proposed to the Board of Directors for further approval. Opinion of the Board of Director: The Board of Directors has considered the transaction and has opinion that the management fee is necessary
to inform the resolutions of the Board of Directors’ meeting, held on 19 July 2018 granted approval for a disposition of assets. The details are as follows; - Transaction date : Expected to take place
share, amounting the total of Baht 256,500,000 as per the Sale of Shares Agreement of NU dated 13 July 2018, with the precedent condition that the Company as the seller must receive the approval from the
the connected transaction on sub- leasing of land, leasing of building and purchasing of related property with CDS in the CentralFestival Phuket Project. This approval was made in the absence of the
so that the Company is required to get approval from the Board of Directors’ meeting and disclose information to the Stock Exchange of Thailand. (6) Conditions that affects the shareholders - None - (7