granted by a financial institution. 11. Opinion of the Board of Directors The Board of Directors has viewed that the Advertising Media Renovation Transaction would benefit the Company in terms of providing
the Company and subsidiaries plus loans from financial institution(s). 10. Entering into Transactions with a company in which the parties connected to the Company hold 10% or more of total voting rights
funds consists of cash generated from liquidity and internal cash flows of the Company and subsidiaries plus loans from financial institution(s). 10. Entering into Transactions with a company in which the
disposal of the investments in NU would use to reduce the debt burden of the Company, as the Company has the debt with the financial institution and short-term loan of Baht 1,647.82 million, and also the
certain financial support to CAZ as the guarantor with the financial institution, which is the requirement for credit facility support. Currently, there is negotiation for unload such the collateral. The
Company is one of its shareholders. 2. The Company has certain financial support to CAZ as the guarantor with the financial institution, which is the requirement for credit facility support. Currently
. 2. The Company has certain financial support to CAZ as the guarantor with the financial institution, which is the requirement for credit facility support. Currently, there is negotiation for unload
Exchange of Thailand (SET) and to hold the shareholders’ meeting for the ratification of the aforementioned transaction. Moreover, the Company is required to appoint an independent financial advisor to give
approximately THB 3,570 million. The funding source shall comprise of: 1) Registered and paid-up capital of Carnival Magic Company Limited a total of THB 500 million 2) Loan from financial institution, approved