order to be in accordance with the principles of good corporate governance and to provide the sufficient information for the investors to make a decision. 4. Acknowledgment of the acquisition of assets in

person has appropriate qualifications in accordance with the two criteria as per SEC regulations. 8 Criteria NDR (after the transaction is completed) the rights, benefits, or decision-making of any

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through support of investment and private spending as well as bolstering opportunities for other econo...

high value and in order to give opportunity to shareholders to consider an appropriateness and take part in making the decision on the Transaction, it was deemed appropriate to propose to the upcoming

Company. In addition, in order to give opportunity to shareholders to consider an appropriateness and take part in making the decision on the Transaction, therefore, it was deemed appropriate to propose to

to shareholders to consider an appropriateness and take part in making the decision on the Transaction, therefore, it was deemed appropriate to propose to the upcoming shareholders’ meeting of the

Offeror and the Business, Major Shareholders or Directors of the Business Part 2 Page 9 5. Other Information Relevant to the Securities Holders’ Decision Making Part 2 Page 12 Part 3 Information of the

average market price of Baht 2.74), is reasonable and appropriate as it reflects the real trading price of the Company’s shares. 6. Any other information that may impact decision of investors (if any) The

rights in SGAH being a connected person of the Company pursuant to the Connected Transactions Rules. 12. Opinions of the Board of Director concerning a decision to enter into a transaction The Board of

Director concerning a decision to enter into a transaction The Board of Directors’ Meeting of the Company No. 90/2017, held on the date of 22 May 2017, resolved to approve the Transaction, as the Board of