documents, and contact with the relevant authorities or regulatory agencies, such as, the Department of Business Development, Ministry of Commerce, the Office of the Securities and Exchange Commission, the
qualifications and does not have prohibited characteristics pursuant to the law governing derivatives and notifications issued by virtue of the said law. The letter of certification shall be signed by the person
authorities of each level of employees related to the register of securities; (b) management and storage of the register of securities and related securities certificates; (c) examination of the internal system
to the accounting standards as specified by a professional institution approved by relevant government authorities and in accordance with additional regulations specified in the notification of the SEC.
Insurance Commission and/or other relevant authorities, in which Phoenix and related person shall comply with those Condition Precedent before the acquisition of shares. The aforementioned transaction
, (“BCB”) (“Investment”) and to delegate the authorities to President or Chief Financial Officer or Chief Strategy and Business Transformation Officer to negotiate and conclude the Investment Agreements
of Assets, 2004 (collectively, the “Notifications on Acquisition or Disposal”), having the highest transaction value of 38.2 percent, calculated based on a total consideration value basis, based on the
Concerning the Acquisition or Disposition of Assets B.E. 2547 (2004), dated October 29, 2004 (as amended) (the “Notifications on Acquisition or Disposition of Assets”). Upon calculation of the value of such