, pursuant to the Resolution of the Board of Directors No. 8/2018 held on November 14, 2018 and the Executive Committee’s Meeting No. 4/2019 held on April 9, 2019. The key information of this transaction are

part of the direction to resolve the grounds of possible delisting. Board of Directors and Auditing Committee’s opinion: Considering the current economic condition, Government land appraisal price

Limited and have interest in such matter, are not entitled to vote. 7. Opinion of the Audit Committee and/or the Directors which is different from the opinion of the Board of Directors After consideration

- 2.00 percent per year. (7) Opinion of Audit Committee and/or directors of the Company different from Board of Directors and Audit Committee’s Opinion None

held on 6 March 2020 and the Executive Committee’s Meeting No. 4/2020 held on 30 March 2020 with details as follows: 1. The acquisition of the ordinary shares in BTS Sansiri Holding Fifteen Limited (the

. 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

Directors No. 8/2017. 8. Opinion of the Audit Committee and/or the Directors which is different from the opinion of the Board of Directors After consideration, the Audit Committee’s opinion is not different

institutions specified at 1.50 - 2.00 percent per year. (7) Opinion of Audit Committee and/or directors of the Company different from Board of Directors and Audit Committee’s Opinion None

assistance which is defined as the related transaction. 1. The date on which the transaction occurred. The Executive Committee will consider the appropriate time of issuing and tenor for each Promissory Note

economic slower expansion indicated risk of soften retail trade sector. (Source: BOT Press Release No.56/2019 on Monetary Policy Report and Monetary Policy Committee’s Decision 7/2019) 2 Performance Analysis