1 - Translation – Bor.Chor.Ngor 0351/2018 September 25, 2018 Subject: Connected transaction : Renewal of a hotel management advisor agreement Attn : President The Stock Exchange of Thailand With

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receiving financial assistance To Managing Director The Stock Exchange of Thailand According to the Board of Director Meeting of Pan Asia Footwear Public Company Limited (“Company” or “PAF”) No. 4/2019 which