) maintain independent directors under Paragraph 1 of Clause 8 who shall account for at least one third of the total number of directors and in any case not less than two; (2) adopt an effective internal

. - 21 - FORM 56-1 One Report (Attached to Notification No. Tor Jor. 55/2563) Applicable to the Financial Year Ending 31 December 2021 onwards Annual Registration Statement / Annual Report Form 56-1 One

. SEC Classification : ใชภ้ายใน (Internal) FORM 56-1 One Report (Attached to Notification No. Tor Jor. 55/2563) Applicable to the Financial Year Ending 31 December 2021 onwards Annual Registration

the meeting are as follows: (1) Approved to propose to the shareholders’ meeting to consider and approve an acquisition and an entire business transfer, according to an Entire Business Transfer Plan

2 new investors in Pace Project One Co., Ltd. and Pace Project Three Co., Ltd., the Company engaged independent financial advisory firm to measure the fair values of investments in these 2

One Company Limited. and Pace Project Three Company Limited. Summary of Financial Performance Analysis of the Operating Results Revenues For the year ended 31 December 2018, the Company generated

profit YoY was mainly because there was a (one-time) recognition of an upfront 50-year lease payment of a certain office space at Singha Complex in Q4’2017. Significant Events 1. Transfer of the ESSE Asoke

cost from relocating some product from the old production line to the new one; 4) higher excise tax as well as sugar tax following the Excise Act, B.E. 2560, effective since 16 September 2017; 5) higher

speed unlimited price plan while handset subsidies were more locally- focused compared to last year. With accumulation of fixed- speed unlimited subscribers, revenue and ARPU have been pressured. However

holding shares of 80.00 percent (through 2 subsidiaries, namely Artlion Development Limited at 39.20 percent and Harbor One (Thailand) Limited at 40.80 percent). 2. NYKT is an associated company of the