transaction: Under the Call Option Agreement between INBV and PTIRS dated November 30, 2011 (as amended), INBV had the option to acquire the remaining 26% shares of PTIP from PTIRS until December 31, 2019

subsidiaries for the third quarter ended 30 September 2018 which had been reviewed by the independent auditor as follows: Consolidated financial statements The Group reported profit attributable to owners of the

had attended the meeting at this agenda and were eligible to cast votes in this meeting. 12. Opinion by the Board of Directors : Agreed to approve the waivers of rights to subscribe to newly issued

Limited ("Verita") 3. General nature of transaction Background As the Company had entered into the transaction of disposition of MahaNakhon Project and MahaNakhon Cube earlier this year, such transaction

Director Connected transactions The Board of Director’s meeting of AEON Thana Sinsap (Thailand) Plc. No. 1/2019 held on January 10, 2019 had a resolution of the connected transaction as follows: Date of

Thana Sinsap (Thailand) Plc. No. 10/2019 held on September 10, 2019 had a resolution of the connected transaction as follows: Date of agreement: Company Date of agreement ACS Capital Corporation Limited

project completion and payment collection and had been recorded under selling expenses. Selling expenses For the 3-month periods ending 30 June 2018 and 2019, the Company’s selling expenses were 0.87

Assets As at September 30, 2019, the Company and its subsidiaries had total assets worth Baht 47,474 million, insignificantly changed from those of December 31, 2018. Some changes in key assets are

purchasing power that are declining, in turns the company had to launched many promotions to drive sales resulting in the decrease of average selling price. 3. Selling expenses Selling expenses in 1H19

Million, increased by Baht 14.8 Million or 2.2% from the same period of the previous year of which Baht 690.4 Million was revenue from sales. The Company had successfully recorded a sales growth of Baht