application of a tender offer waiver, the application of the waiver from the requirement to make a tender offer for all securities of the business requires approval from the Shareholders’ Meeting of such

tender offer waiver, the application of the waiver from the requirement to make a tender offer for all securities of the business requires approval from the Shareholders’ Meeting of such company, with a

- Translation - Tender Offer for Securities (Form 247-4) Of Glow Energy Public Company Limited By Global Power Synergy Public Company Limited (The Tender Offeror) The Siam Commercial Bank Public Company Limited And Phatra Securities Public Company Limited (Tender Offer Preparers) Phatra Securities Public Company Limited (Tender Offer Agent) “This English language translation of the Tender Offer has been prepared solely for the convenience of the foreign shareholders of Glow Energy Public Company...

, GSTEEL-W2 and GSTEEL-W3 currently because the calculation of the price and the new right exercising rate requires the “market price per share of the ordinary share of the Company” which is determined to