”), a major shareholder of the Company holding 94.97% of the Company’s total issued shares. Therefore, this transaction is considered a connected transaction pursuant to the Notification of the Capital
not be a price below the market price pursuant to the Notification of SEC No. Tor Chor. 72/2558 Re: Approval of Offer for Sale of Newly-Issued Shares by Listed Companies in a Private Placement, The
the financial support to G Steel Public Company Limited (“GSTEL”), the Company’s major shareholder. This financial support was deemed as a connected transaction according to the Notification of the
price of the newly issued ordinary shares to Private Placement Investors will be prescribed under the Notification of the Capital Market Supervisory Board No. Tor Chor.72/2558 re: the approval for listed
acquisition of assets in accordance with the Notification of the Capital Market Supervisory Board No. TorJor. 20/ 2551 re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of
Notification of the Securities and Exchange Commission No. KorJor. 3/2557 Re: Rules on Units of Foreign Collective Investment Scheme Exempted from the Provisions of Public Offering for Sale of
any responsibility for its accuracy, nor be held liable for any loss or damages arising from or related to its use. ------------------------------- Notification of the Office of the Securities and