and Ft 668.2 770.9 816.7 5.9% 22.2% 1,926.6 2,314.6 20.1% FiT Premium 35.8 14.7 20.7 40.8% (42.2%) 116.9 68.6 (41.3%) Sales of electricity to Industrial Users (IU) 4.9 6.0 6.2 3.3% 26.5% 14.3 19.1 33.6

Ft 821.3 851.2 793.1 (6.8%) (3.4%) 1,628.0 1,644.3 1.0% FiT Premium 19.1 14.6 13.9 (4.8%) (27.2%) 38.7 28.5 (26.4%) Sales of electricity to Industrial Users (IU) 6.8 9.3 7.4 (20.4%) 8.8% 13.6 16.7 22.8

THB Mn THB Mn THB Mn % THB Mn THB Mn THB Mn % Sales of electricity - FiT, Base tariff and Ft 851.2 793.1 895.9 903.2 7.3 0.8% 3,250.9 3,443.4 192.5 5.9% FiT Premium 14.6 13.9 12.9 9.4 (3.5) (27.1%) 68.9

% # Position risk 1.2 !4!$$ (a!3+,R&.$ option ) 1.2.1 FX/Gold-linked (" 2) option premium +, 0#3 +, long !$%% position risk (#' 3 : " 4 Fixed-haircut approach ( .# !.+,""'+3 S J0") 3(.%/+% ( #' 5

interviews with the Company’s managements ▪ Information and documents obtained from the Company In addition, the IFA’s opinion was based on the following assumptions: ▪ All information and documents provided

debtor, or (b) any person who takes possession of the assets of such a debtor must inform an official receiver of information related to debts or assets of such a debtor within one month of having obtained

, the Company believes it is rationale to conclude the exchange ratio shall be derived from the current book value as at March 31, 2017 with a premium of 27.6% or equivalent to additional of 1.19 shares

สารสนเทศข่าว มติ BOD 5-60 20171204En No. NDR013/2017 Subject Resolution of the Board of Directors’ Meeting To President The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Acquisition of Assets and the Connected Transaction 2. Information Memorandum regarding the offering of the newly issued ordinary shares to specific investors (Private Placement) 3. Capital Increase Report Form (F53 N.D. Rubber Public Company Limited (“ No.5/2017 held on November 26, 2017 which has the ma...

exercise of warrants, provided that the resolution is obtained no more than one year prior to the date of filing an application under Clause 5; (3) in cases where the applicant is a listed company wishing to

THB Mn % Sales of electricity - FiT, base tariff and Ft 727.0 770.9 816.7 831.7 15.0 1.8% 2,666.7 3,146.3 479.6 18.0% FiT Premium 33.2 14.7 20.7 22.1 1.4 6.8% 152.6 90.7 (61.9) (40.6%) Sales of