No. INSET 007/2563 24 February 2020 Subject Management Discussion and Analysis of the Year 2019 Operating Results, Ending 31 December 2019 Dear Governors and President Market for Alternative
total Asset value of the Company. Thus, it is considered as transaction concerning acquisition and disposal of Asset in accordance with Notification of Capital Market Supervisory Board Ref. No. ThorJor
Market Supervisory Board Ref. No. ThorJor. 20/2551 RE: “Criteria to Do Significant Transaction in Term of Acquisition and Disposal of Asset”, covering with other amended notifications; and Notification of
conjunction with (11) and (12) of the first paragraph under Clause 12 and Clause 14 of the Notification of the Capital Market Supervisory Board No. Tor Thor. 35/2556 Re: Standard Conduct of Business, Management
company and/or subsidiary company pursuant to the Notification of Capital Market Supervisory Board Ref. No. TorJor. 20/2551 Subject : Rules for entering into Material Transaction Deemed as Acquisition of
listed company and/or subsidiary company pursuant to the Notification of Capital Market Supervisory Board Ref. No. TorJor. 20/2551 Subject : Rules for entering into Material Transaction Deemed as
Contract : The Company will enter into a loan agreement or promissory note and specify the date of August 24th, 2021 as the due date for payment of principal. Other Conditions : None Objectives : To be used