Company's net tangible asset value as per the consolidated financial statements ended on 31 st March 2018, it is a medium sized transaction requiring the Company to: (a) take the approval of the Board of

Limited would like to clarify the operating results of the Company. For the first quarter ending March 31st, 2018 the details are as follows: Comparison of operating results for the first quarter ending

3344 Fax. 66 2 654 3323 No. PACE IR2018/013 Date: 15 May 2018 Subject: Explanation of the Operating Results for the three-month period ended 31 March 2018 changing over 20% To: The President The Stock

6 December 2007 No. PACE IR2018/013 Date: 15 May 2018 Subject: Explanation of the Operating Results for the three-month period ended 31 March 2018 changing over 20% To: The President The Stock

the consolidate financial statement of the Company and its subsidiaries as at March 31, 2018 Borrower Lender Loan (MB) Interest Rate Value (MB) Size of Transaction Release Date Due Date JSP Mr. Pongsak

the transaction equal to 1.10% of the net tangible assets by calculating from the consolidate financial statement of the Company and its subsidiaries as at March 31, 2018 Size of Transaction : = Value

the transaction equal to 1.13% of the net tangible assets by calculating from the consolidate financial statement of the Company and its subsidiaries as at March 31, 2018 Size of Transaction : = Value

of MBK holds 27.98% of its paid-up capital and MBK is shareholder of PRG holds 74.52% of its paid-up capital. 7. Connected transaction which calculated from the financial statement as of March 31, 2018

value). The size of this connected transaction compared with the value of net tangible assets of CPN and its subsidiaries under CPN’s latest audited consolidated financial statements on 31 March 2018, of

is the price that agreed between buyer and seller by comparing on accounting valuation of Chiang Rai Frozen Co., Ltd Transaction Size 0.11% of Net Tangible Asset on 31sth March 2018 is considered by