School Name: สารสาสน์วิเทศศึกษา (Translation) Re: BOD.SET 005/2018 February 23, 2018 Subject: Clarification on the Change in operating results for the year ended December 31, 2017 over 20% compared

warrant can purchase 1 ordinary share at the exercise price of Baht 5.00 per share and approved the increasing of registered capital of Baht 124,979,511 from the existing registered capital of Baht

of the company The purchase of WICE SG's ordinary shares in Portion 2 is as follows: WICE and WICE SG shareholders have agreed that WICE can exercise the right to purchase WICE SG shares. The remaining

payment as follows: (1) To acknowledge the interim dividend payment from the Company’s operating results during the first half of the fiscal year ended March 31, 2018 which was made on March 9, 2018 in the

Chongqing in July 2016 and 2017 respectively. Furthermore, the daily flight from Samui to Guangzhou has started operating in January 2017. The top 3 countries with highest revenue growth were from the point

were under heavy maintenance exercise. Selling Expenses For the second quarter and the six-month period of 2017, selling expenses were accounted for 7.2 percent and 7.5 percent of total operating

significantly by 13.4% YoY to THB 1,783mn, predominantly due to higher operating revenue from the hotel business in Europe and from acquired assets under the Entire Business Transfer of Unicorn Enterprises

warrants issued 1,711,334,815 units Exercise ratio 1 VGI-W2 to 1 ordinary share of VGI Exercise price THB 10.00 Terms 4 years Exercise period Quarterly Issuance date 11 September 2018 Expiration date 10

transaction size is calculated as the Notification of Acquisition and Disposition of Assets’ requirement by using the highest value from the base of net operating profit, the transaction size equals to 165.56

outstanding 6,456,561,394 ordinary shares allocated to accommodate the exercise of the warrants to purchase the Company’s ordinary shares No. 2 (U-W2) (the “U-W2 Warrants”), which were not fully issued, and