) Opinion of Board of Directors regarding related party transaction Phuket Fantasea used land of Jungle World is secured debentures and bill of exchange issued for the investment Carnival Magic project, the

. ALL235A: SECURED DEBENTURES OF ALL INSPIRE DEVELOPMENT PUBLIC COMPANY LIMITED No. 5/2020 Due 2025;  4. ALL23OA: SECURED DEBENTURES OF ALL INSPIRE DEVELOPMENT PUBLIC COMPANY LIMITED No. 2/2021 Due 2025;  5

period of 3 years ((1) and (2) collectively referred to as the “Transaction”). The loan of USD 40 million is secured by the personal guarantee of the owner of Sakthi Group, Dr. Manickam Mahalingam, and CEO

as the “Transaction”). The loan of USD 40 million is secured by the personal guarantee of the owner of Sakthi Group, Dr. Manickam Mahalingam, and CEO of Sakthi Automotive Group USA, Inc., Mr. Lalit

Issuing secured bonds and appointing a qualified bondholders’ representative can enhance investor protection, especially in the event of a default in debt securities crowdfunding. However, the

Asset Acquisition Transactions Transaction date 10 January 2020 The date in which the Seller has performed all Conditions Precedent and has completed the transfer of assets with reference to the Asset

derivatives trading positions held by a client; (b) profit or any other interests resulted from derivatives transaction of a client; (c) warehouse receipt, bill of lading, or any other instruments which

positions held by a client; (b) profit or any other interests resulted from derivatives transaction of a client; (c) warehouse receipt, bill of lading, or any other instruments which represent entitlement in

client; (b) profit or any other interests resulted from derivatives transaction of a client; (c) warehouse receipt, bill of lading, or any other instruments which represent entitlement in assets held by a

2019 Subject: Reports on Connected Transaction (receiving financial assistance) Dear: President The Stock Exchange of Thailand The Board of Directors’ Meeting of G J Steel Public Company Limited (“the