Baht 335.29377 and total purchase price of up to Baht 270,000,000, which is higher than the par value. The Subscription of newly issued shares will be done by the Company jointly with Mr. Niti

ordinary shares of Vanachai Energy Industries Company Limited (subsidiary company) in 60 million shares in value of 10 Baht per share (par value); total investment value of ordinary shares is 600 Million

newly ordinary shares of Vanachai Energy Industries Company Limited (subsidiary company) in 60 million shares in value of 10 Baht per share (par value); total investment value of ordinary shares is 600

and allocating not more than 149,975,200 new ordinary shares with a par value of Baht 1 per share by the General Mandate. The Company registered the decrease in its registered capital with the Ministry

and also 23% of additional manufacturing capacity in higher-margin businesses. The purchase price is based on an enterprise value of USD 2.0 billion and up to USD 76 million in pension obligations. The

capital by Baht 89,200,714 from the existing Baht 259,250,000 to Baht 170,049,286, by means of reduction of 89,200,714 unissued shares of the Company at a par value of Baht 1.00 per share, reserved for the

issued shares of Hero Experience for 939,474 shares, or 35 percent of registered capital of the company, for the total price of Baht 314,999,779.28, which is higher than the par value. The subscription of

to the transaction value is below 15 percent, the Company does not have duty to disclose information to the Stock Exchange of Thailand according to the Notification on Acquisition and Disposal of

Phoenix Insurance (Thailand) Public Company Limited (“Phoenix”), which engages in Non-Life Insurance, for 55 percent of total paid-up capital with total value of the transaction not exceeding 400 million

duty which related to the registration of land transfer. The local maintenance tax and property tax will be borne by the Company. - Total Value of transactions and criteria on pricing : The purchase