(UNOFFICIAL TRANSLATION) (Updated 2017) 2. Background and Details of Applicant Requesting Approval 1. First and last name of the applicant  Mr.  Ms.  Mrs.  Others (please specify

December 2018 2. The parties involved Borrower : Pan Asia Footwear Public Company Limited [PAF] Lender : Mr.Boonsithi Chokwatana Connected person : Mr.Boonsithi Chokwatana Brother of Mr.Boonkiet Chokwatana

January - 31 December 2020 2. The parties involved Borrower : Pan Asia Footwear Public Company Limited [PAF] Lender : Mr.Boonsithi Chokwatana Connected person : Mr.Boonsithi Chokwatana Brother of

December 2019 2. The parties involved Borrower : Pan Asia Footwear Public Company Limited [PAF] Lender : Mr.Boonsithi Chokwatana Connected person : Mr.Boonsithi Chokwatana Brother of Mr.Boonkiet Chokwatana

including overseas business, and the cost is allocated to the subsidiaries of AFS group. Name, position and shareholding proportion of the connected persons Note: 1 Mr. Hideki Wakabayashi is the Chairman of

., a connected party to the company (3) Details of connected parties and relationship nature : Person relating to director is major shareholder in Exact Q Co., Ltd. by holding 18.91% Name Position Thai

of Sakthi Automotive Group USA, Inc., Mr. Lalit Kumar, and the pledge of shares in SGAH and its subsidiary to the Company. The Company sees good opportunity to gain stronger footprint in the global

accordingly Yours respectfully, …………………………………………. (Associate Prof. Dr. Chirasak Chiyachantans) Authorized person for disclosure of information N Hospital Co.,Ltd 33.33% 19.48 % 8.62 % 38.56 % Information

, …………………………………………. (Associate Prof. Dr. Chirasak Chiyachantans) Authorized person for disclosure of information N Hospital Co.,Ltd 33.33% 19.49 % 8.62 % 38.56 % Information Memorandum 1. Timing of the transaction and the

structure: After Change 1. Chai Watana Green Company Ltd. 75.009% 1. Chai Watana Green Company Ltd. 99.999% 2. ZW Power Company Ltd 24.990% 2. Mr.Weerapon Chaiteerath 0.001% 3. Mr. Weerapon Chaiteerath 0.001