the Company under the Debt to Equity Conversion Scheme”). Since the said conversion price is 58.89 percent lower than the market price, such offering of the newly issued ordinary shares of the Company

(Translation) Page 1 of 2 No. CBG 053/2017 14 November 2017 Re: Board resolution and change of overseas subsidiaries’ capital structure To Managing Director Stock Exchange of Thailand Reference is

661 6664-5 www.indoramaventures.com Ref.No.IVL006/11/2018 20th November 2018 President The Stock Exchange of Thailand Subject: Disclosure of Connected Transaction by IVL’s Subsidiary The Board of

into Material Transactions Deemed as Acquisition or Disposal of Assets, and the Notification of the Board of Governors of the Stock Exchange of Thailand, Re: Disclosure of Information and Other Acts of

consultant under a signatory member of the Memorandum of Understanding on the ACMF Pass under ASEAN Capital Market Professional Mobility Framework: (a) shares listed on an ASEAN stock exchange; (b) investment

Pass under ASEAN Capital Market Professional Mobility Framework: (a) shares listed on an ASEAN stock exchange; (b) investment units without high-risk or complex characteristics issued and offered for

statement, Approval of the disposition of shares in subsidiary and Appointment of new director replacing resigned director To: The President, The Stocks Exchange of Thailand The Board of Directors’ Meeting of

transaction including additional announcement and according to the announcement of the Stock Exchange of Thailand regarding the revealing of operating data of registered company in connected transaction B.E

Management Co., Ltd, Connected transaction Attention : The President of the Stock Exchange of Thailand J.S.P.Property Public Company Limited (“the company”) would like to notify the resolution of Board of

Management Co., Ltd, Connected transaction (ADD) Attention : The President of the Stock Exchange of Thailand J.S.P.Property Public Company Limited (“the company”) would like to notify the resolution of Board