. 3. To gain dividend from company net profit for investment. - 5 - 7. Board committee’s statements over the transactions Board committee remarks that the investment in Vanachai Wood Smith Co., Ltd

profit from associated company under the equity method net of Baht 49.46 million. Yours sincerely, (Mr. Chaipatr Srivisarvacha) Chief Executive Officer

(Baht) Transaction size (%) Net tangible assets (NTA) criteria Net profit criteria Value of consideration criteria Value of securities issued criteria 1. Vanachai Group Plc. invests the ordinary shares in

หัวข้อ (Translation) No. Tor.For 6/2018 January 26, 2018 Subject: Transactions with the connected persons and Appointment of the Company’s Executives (Amendment) To: The President of the Stock

remains outstanding (open interest); (4) the amount and type of asset deposited as margin or for settlement of derivatives contract on maturity; (1) the profit gained from derivatives position and the

remains outstanding (open interest); (4) the amount and type of asset deposited as margin or for settlement of derivatives contract on maturity; (1) the profit gained from derivatives position and the

remains outstanding (open interest); (4) the amount and type of asset deposited as margin or for settlement of derivatives contract on maturity; (1) the profit gained from derivatives position and the

broker; (2) “ institutional client ” means any client who is the following persons: (a) commercial banks; (b) finance companies; (c) securities companies; (d) credit foncier companies; (e) non-life

broker; (2) “institutional client” means any client who is the following persons: (a) commercial banks; (b) finance companies; (c) securities companies; (d) credit foncier companies; (e) non-life insurance

broker; (2) “institutional client” means any client who is the following persons: (a) commercial banks; (b) finance companies; (c) securities companies; (d) credit foncier companies; (e) non-life insurance