auditor as at June 30, 2018. The details on calculation of the value of the asset acquisition transaction are described below. Basis Formula Calculation Size 1. Net tangible asset – NTA) NTA of assets

Price of EPPO (2) Conversion ratio: 0.865 Tons = 1,000 Liters (3) Reference Price of DIT (4) Market ME Price - Mixed Feedstock according to EPPO's B100 formula An average of the 3Q2018 CPO (CPO-DIT) price

Other Acts of Listed Companies Concerning the Connected Transactions, 2003. 3.2 Calculation of transaction value Calculation bases: (Translation) — 3 — Calculation Bases Calculation Formula 1. Net

Bases Calculation Formula 1. Net Tangible Assets (NTA) = (Sum of percentage of shares to be acquired x Net value of the asset of the Seller) x 100 / Net asset value of the Buyer 2. Net Profit after

= 1,000 Liters (3) Reference Price of DIT (4) Market ME Price - Mixed Feedstock according to EPPO's B100 formula An average of crude palm oil price (CPO-DIT) in 1Q2020 was at 33.94 Baht/ kg. , being better

follows: Transaction Size Calculation Criteria Calculation Formula 1. Net Tangible Assets Basis (NTA) = (Sum of percentage of shares to be acquired by NBC x Net asset value of the company to be acquired) x

on 31 March 2020 The reinvestment is based on the following principle, formula, and conditions. Reinvestment Principle and Formula The reinvestment principle is based on the equity value of SGAH

. Calculation Methodology Calculation Formula Transaction Size 1. Net Tangible Asset Value Basis % of NTA as per the proportion acquired / NTA of the Company. Baht 20% * 208,211.87 / Baht 64,477,810 0.07% 2. Net

Discussion & Analysis 14 May 2019 Q1’19 Management Discussion & Analysis Page 6/6 APPENDIX: Ratio & Formula Liquidity Ratios Current ratio (times) = Total current assets / Total current liabilities Number of

follows. Calculating Basis Calculating Formula Size 1) Value of the net tangible assets Could not be calculated, because the transaction is an investment in leasehold, not an investment in ordinary shares