in the SET system later on B. The Company’s plan in case where there are fractions of shares remaining any fractions shall be rounded down. 2.2 Allotment of new shares under the General Mandate

other words, the first date of offering the newly issued ordinary shares under the Private Placement basis, which shall be informed by the Company in the SET system later on B. The Company’s plan in case

into this transaction is consistent with the strategic plan in the business operation of the Company, which emphasizes on investment expansion in line with the strategy aiming at growth alongside the PTT

investment in all 8 solar power plants in Japan, with the accredited power generation of 176.72 MW in aggregate. The restructuring plan must be completed prior to closing of the transaction, expected

to reflect investment in all 8 solar power plants in Japan, with the accredited power generation of 176.72 MW in aggregate. The restructuring plan must be completed prior to closing of the transaction

statements of TSEO after restructuring which has been prepared to reflect investment in all 8 solar power plants in Japan, with the accredited power generation of 176.72 MW in aggregate. The restructuring plan

provide the liquidity for several investment opportunities during the 2018-2021 strategic plan period. Table 3: Pipeline of Ongoing Projects 2018-2019 Project Business Year Performance Fibers expansion in

Energy Regulatory Commission (ERC) for final approval. The project targets for 85% contracted by commercial operation date. The construction of the project has progressed 61.24% (The construction plan was

regarding this plan. 3.1.1 Shareholder structure prior to the Transaction 3.1.2 List of shareholders prior to the Transaction List of shareholders of the Target as of February 14, 2019 No. Name Number of

and dispose of hazardous waste through high temperature power plant(s) as well as to generate and sell electricity.ART is currently in the process of conducting a feasibility study regarding this plan