1 Ref. No. JUTHA-10/2563 November 2, 2020 Subject: Amendment of Articles of Association, Debt to Equity Conversion Constituting a Connected Transaction, Issuance and Offering of Newly Issued Ordinary

any obligation. The established Subsidiary is with a registered capital of Baht 0.50 million. DOD holds 51% of shares to engage in the food supplement distribution business, which is a joint investment

Machines for the Debenture Debt repayment To: President The Stock Exchange of Thailand Enclosure: Information Memorandum on the Asset Disposal, Schedule 1 of Rich Asia Corporation Public Company Limited

services in mid-March 2020 and adjusted its strategy for delivery service in late April. Ready-to-cook food distribution business under “Khong Thai” brand has been temporarily ceased. 2Q2020 and 6M2020

of net proceed from base offering in July and over-allotment proceed in August. This proceed would allow us to enhance our capital structure reflecting in net-interest- bearing debt to equity ratio as

allocate proceeds from the disposal of such assets as follows; 1. To repay the Company's loan to a financial institution of Baht 40,165,062.60, which will result that the Company has no long-term debt to

(times) 3.1 4.0 4.3 Interest-bearing debt to equity (times)* 1.0 1.4 1.4 Net debt to EBITDA (times)* 0.8 1.1 0.9 Net debt & lease liability 1.9 2.9 2.5 & spectrum license payable to EBITDA Current Ratio

calculation. 2. Total liability, the company had total liability as of June 30, 2019 at 110.86 million bath increase from December 31, 2018 at 9.13 million bath or 8.97% increase, the details of the change are

liability arises from his failure to issue orders or perform the duties required to ensure compliance with the specified regulations, resulting in IHL’s delayed submission of the report. SEC Act S.300 in

THL’s failure to prepare and submit the annual financial statements for the year 2021 within the period specified by the Capital Market Supervisory Board. This liability arises from his failure to issue