Disposal of Assets Transaction, and Acquisition of Assets Transaction To : Director and Manager The Stock Exchange of Thailand Enclosure Information Memorandum on Acquisition of Assets (Schedule (1)) of

Page 2 Management Discussion and Analysis 1. Power Industry and Competition 1.1 Electricity industry and Economic situation in Thailand Thailand’s economy expanded by 2.4 percent in 2019, lower than 2018

); “Thai Stock Exchange” means the Stock Exchange of Thailand; “commercial bank” means any commercial bank under the law governing financial institution business; “depositary agreement” means any agreement

the resolution of approving the delisting of GLOW’s from being the listed securities on the Stock Exchange of Thailand. The company has informed the Stock Exchange of Thailand (SET) to make a tender

the monetary policy, at the meeting on December 24, 2019, the Bank of Thailand (BOT) revised the inflation target from a point target of 2.5% with a band of +/-1.5% which has been set since 2015 to a

the director of the company and member of the Audit Committee To Director and Manager The Stock Exchange of Thailand Reference is made to the resolutions of the Board of Director Meeting No. 3/2019 of

(UNOFFICIAL TRANSLATION) Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC, Thailand can neither undertake

34, Section 41, Section 43, Section 44 and Section 64 of the Constitution of the Kingdom of Thailand so permit by virtue of law, the Capital Market Supervisory Board hereby issues the following

of Governors of the Stock Exchange of Thailand Reference is made to the resolutions of the Board of Directors’ Meeting No. 6/2018 of Master Ad Public Company Limited (the “Company”), held on May 17

Disposal of Assets Transaction, and Acquisition of Assets Transaction To : Director and Manager The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Disposal of Komchadluek Business and