Cathleen Maleenont, who is the director and the major shareholder of the Company (“Transaction”). The disposal of shares of TSE pursuant to the Notification of Capital Market Supervisory Board No. Tor. Jor
transfer consideration to the Company in an amount of Baht 177,121,770 (the “Selling Price”). In this regard, such transaction constitutes an asset disposal transaction pursuant to the Notification of the
land (No. 97,98) East Next to owned land (No. 222) The mentioned transaction is considered as connected transaction pursuant to the Notification of the Capital Market Supervisory Board No. ThorJor. 21
land (No. 222) The mentioned transaction is considered as connected transaction pursuant to the Notification of the Capital Market Supervisory Board No. ThorJor. 21/2551 Re: Rules on Connected
owned land (No. 97,98) East Next to owned land (No. 222) The mentioned transaction is considered as connected transaction pursuant to the Notification of the Capital Market Supervisory Board No. ThorJor
the Newly Issued Ordinary Shares to PLANB Transaction also constitutes a connected transaction pursuant to the Notification of the Capital Market Supervisory Board No. TorChor. 21/2551 Re: Rules on
Transaction constitutes an acquisition of assets pursuant to the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering 2 into Material Transactions Deemed as
Notification”). However, the Issuance and Offering of the Newly Issued Ordinary Shares to PLANB Transaction is subject to the significant conditions precedent as follows: (1) The shareholders’ meeting of the
1 25 May 2020 Subject: Notification on Resolution of the Board of Directors’ Meeting No. 5/2020, Change of Directors and Directors’ Power, Entering into Connected Transaction, Entering into
relationship to each other. Therefore, the offering of newly issued ordinary shares of the Company to VAVA is not regarded as the connected transaction pursuant to the Notification of the Capital Market Advisory