opportunity in the future of the company And is a new way to increase revenue. The opinions of the Audit Committee and / or the directors that are different from the opinions of the Board of Directors -None

Clause 10 All directors of the Company have the same opinions as specified in the Board of Directors’resolution above (unanimity) and no audit committee member has an opinion different from such Board’s

/2019 of Quality Houses Public Company Limited (“the Company”) held on June 25, 2019 at the meeting room of 7th Floor, Q.House Lumpini Building, South Sathorn Road, Bangkok, has resolved to approve a

Board of Directors Meeting No. 4/2019 of Quality Houses Public Company Limited (“the Company”) held on June 25, 2019 at the meeting room of 7th Floor, Q.House Lumpini Building, South Sathorn Road, Bangkok

. Opinion of the company/s audit committee and / or director which are different from the opinion of the board of director E( No.) Yours Faithfully, (Dr. Chamnan Chanapai) Managing Director

Company Limited Attention: President The Stock Exchange of Thailand The Meeting of the Board of Directors of KGI Securities (Thailand) Public Company Limited (“the Company”) No. 4/2017 held on 22nd August

(Translation) No.Tor.For. 24/2018 21 December 2018 Subject : To sell common shares of Waseda Education (Thailand) Company Limited to connected person. Attention : The President of the Stock Exchange

connected transaction is reasonable and beneficial to the Company. In addition, the proposed purchase price is highest. 10. Opinion of the Audit : -none- Committee and the Directors which is different from

. For the reasons mentioned above. This transaction is also considered as business promotion with is reasonable and beneficial to the company. Anyhow, the Audit committee had no different opinion from the

(Translation) Pace Development Corporation Public Company Limited 87/2 CRC Tower, All Seasons Place 45th Fl., Unit 3, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Thailand Tel. +66 2 654 3344 Fax