shares from the existing shareholder (the “Share Acquisition Transaction”). Details of the Share Acquisition Transaction are as follows: 1. Subscription of 805,264 newly issued ordinary shares of Hero
approved by the Shareholders Meeting. 2. Approved to propose the Shareholders’ Meeting to approve the increase of the Company’s registered capital from 322,500,000 THB to 377,500,000THB per share, for the
as reviewed by EY Company Limited Calculation criteria Transaction size (%) 1. Assets value criteria 2.96 2. Net profit criteria 6.55 3. Total consideration value criteria 21.54 4. Share capital value
directors and containing at least details as specified in the provisions under Clause 8. The policy shall be reviewed on its efficiency and appropriateness at least once a year or promptly upon occurrence of
the Company’s registered capital from 322,500,000 THB to 377,500,000THB per share, for the allotment of newly issued ordinary shares to specific investors (Private Placement) for the compensation of
Baht 2,896,834,342 to Baht 2,348,135,754 by cancelling 548,698,588 shares at a par value of Baht 1.00 per share. As such shares are the remaining shares which reserved for the existing shareholders by
Company will execute a Share Subscription Agreement with conditions precedent and Loan Agreement with conditions precedent in respect of the Transaction (collectively, the “Agreements”) with SGAH. The