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Inform the Board Resolution to register a subsidiary company in SET - Translation - UAC.CS/006/2018 March 23, 2018 Subject: Plan to spin-off Subsidiary Company to be listed in mai To: The President

for Approval of Appointment of Executives of a Securities Company or a Derivatives Business Operator ...........................................................Company O Securities Business O

Application Form for Approval of Appointment of Executives of a Securities Company or a Derivatives Business Operator ...........................................................Company O Securities Business O

...........................................................Company O Securities Business O Derivatives Business Letter No. …………… Date ...........………………….. Attention: Secretary General Office of the Securities and Exchange Commission Re: Application for Approval of

in VON’s subsidiary, V. O. Solar Company Limited (“V Solar”). The agreed purchase price is 26,809,661.99 Baht and a transfer of debt that IFEC, who is the creditor of 100,097,457.53 Baht, owed by VON

subsidiary, V. O. Solar Company Limited (“V Solar”). The agreed purchase price is 26,809,661.99 Baht and a transfer of debt that IFEC, who is the creditor of 100,097,457.53 Baht, owed by VON (the debtor), at

goods and rendering of services in Q1/2018 was recorded at Baht 627 million, higher 14 % Y-O-Y, with company all three major sales channels increased as follows: - Project up 18% Y-O-Y due largely to the