maximum transaction size of 236.05 percent of the value of the net tangible assets (NTA) of the Company. The Company has not entered into any other connected transaction with the same connected persons or

Notifications on Connected Transactions with the maximum transaction size of 236.05 percent of the value of the net tangible assets (NTA) of the Company. The Company has not entered into any other connected

procurement project to increase efficiency in usability and management of internet network users and electronic mail intrusion prevention devices of the Social Security Office and the Maintenance project of the

considered key performance indicators used by operators in the same industry, in the amount of Baht 19,732.20 million, increased by Baht 3,163.1 million or 16.03% from the previous year while the Net Profit

(collectively referred to as the “Net Trade Debt”), by way of issuing newly issued ordinary shares of the Company under the debt to equity conversion scheme. Remark - The exchange rate used in this document is

equivalent to THB 20,304,075.20, aggregating to the debt to be Enclosure 3 2 converted into equity of USD 32,934,250.00, or equivalent to THB 1,136,535,345.40 (collectively referred to as the “Net Trade Debt

. Agenda 12 Approve the amendment on the Memorandum of Association to register the decrease and increase in capital Opinion of the Board of Directors The company’s board has a resolution to present to the

relatively strong results in 1Q 2018 with an operating revenue of THB 290mn, an increase by 53.1% and net profit of THB 53mn, increased by 42.3% YoY. 2 MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 1Q 2018 MD

Commission Notification of the Securities and Exchange Commission No. SorThor. 23/2549 Re: Calculation and Report of Net Liquid Capital Calculation _____________ By virtue of Section 109 of the Securities and

of the Securities and Exchange Commission No. SorThor. 23/2549 Re: Calculation and Report of Net Liquid Capital Calculation _____________ By virtue of Section 109 of the Securities and Exchange Act B.E