Microsoft Word - GLOCON.012-2020 Clarification on the Company acquiring shares of Glocon ... GLOCON.012/2020 March 19th, 2020 Subject: Clarification on the Company acquiring shares of Glocon

will proceed to invest in Seahorse by buying new ordinary shares by 379,999 shares in the amount of Baht 37,999,900 within 60 days and after being approved by The Board of Directors, will to investment

transaction of company as the following; 1. Date/month/year of the Transaction The Company will proceed to invest in ERV by buying ordinary shares by 24,999 shares in the amount of Baht 2,499,000 within 30 days

the following; 1. Date/month/year of the Transaction The Company will proceed to invest in ERV by buying ordinary shares by 24,999 shares in the amount of Baht 2,499,000 within 30 days and after being

acquired or disposed x 100 NTA of EFORL NA NA 2. Net Operating Profits Net operating profits of the Company x Buying or selling ratio x 100 Operating profit of EFORL NA NA 3. Total Value of Consideration

Assets (NTA) NTA of investment in the Company x Proportion of assets acquired or disposed x 100 NTA of EFORL NA NA 2. Net Operating Profits Net operating profits of the Company x Buying or selling ratio x

x Buying or selling ratio) x 100 Net operating profits of the listed company** ** In case the company produces consolidated financial statements, use the net operating profits from consolidated

Calculation based on net operating profits (Net operating profits of the investment x Buying or selling ratio) x 100 Net operating profits of the listed company** This basis could not calculated because of loss

: Calculation Bases Calculation Formula 1. Net Tangible Assets (NTA) = (Sum of percentage of shares to be acquired x Net value of the assets of the selling company) x 100 / Net asset value of the buying company

Formula 1. Net Tangible Assets (NTA) = (Sum of percentage of shares to be acquired x Net Asset Value of the selling company) x 100 / Net Asset Value of the buying company 2. Net Profit from the ordinary