used year Transaction date March 2018 Transaction amount RMB 118,094 or approximately Baht 587,623.93 Pricing policy At Book value (transaction amount) and near market value Payment term By cash with 90

percent of market price. The transaction is therefore required to receive approval from shareholders? meeting with at least ¾ of shareholders attending the meeting and eligible to exercise voting rights and

on derivatives or law on trust for transaction in the capital market; (3) “alleged person” means person against whom the SEC Office, based on its findings, preliminarily considers that [such person

trading capital market products for the benefit of itself or other persons before the data has been disseminated; (3) trading or entering into a transaction of capital market products by using inside

, RamaIV Road, Tungmahamek, Satorn, Bangkok 10120. The transaction considered a connected transaction according to the Notifications of Capital Market Supervisory Board No. TorJor. 21/2551 Re: Rules on

930M (or equivalent Baht 1,024,488,000) Estimated completion date Q1 / 2018 The aforementioned transaction is in accordance to Notification of the Capital market Supervisory Board No. TorChor 20/2551

considered a connected transaction according to the Notifications of Capital Market Supervisory Board No. TorJor. 21/2551 Re: Rules on Connected Transactions which needs the board of directors' approval and

of the Board of Director Meeting No. 3/2020, held on May 11th, 2020 of Hwa Fong Rubber (Thailand) Public Company Limited. has approved the connected transaction to increase the market potential. For

resolution of the Board of Director Meeting No. 3/2020, held on May 11th, 2020 of Hwa Fong Rubber (Thailand) Public Company Limited. has approved the connected transaction to increase the market potential. For

Valuation Market Comparison Approach 6. Transaction Volume 6.1 The above transaction is conformed to related transaction which is the transaction in property leasing for not more than 3 years in middle size