Meeting of Shareholders No. 2/2020 held on 17 June 2020 of Rich Asia Industry Company Limited (“Subsidiary Company”) in order to do legal registration of transferring the ownership of 87 machines no. 41-318
Asia Industry Company Limited (“Subsidiary Company”) in order to do legal registration of transferring the ownership of 87 machines no. 41-318-306-0197 to 0286, located at 88 Rama II Road (Thonburi
ownership of 87 machines no. 41-318- 306-0197 to 0286, located at 88 Rama II Road (Thonburi – Paktor) Moo 2 Kalong Sub-district, Muang Samut Sakhon District, Samut Sakhon which is the property of Rich Asia
“CFP”) of Thai Oil Public Company Limited (“Thai Oil”); to accept the transfer of ownership in the ERU Project from Thai Oil, with a total value of not exceeding USD 757 million (which is equivalent to a
price appraised by the independent appraisal. 6) Expected Benefits of the Transaction The Company is in need of working capital for its business operation and liquidity supplement, including to resolve
the date on which the Board of Directors’ Meeting would resolve to grant approval for the Company to propose the matter to the Shareholders’ Meeting for consideration and approval for the execution of
consolidated financial statements as at December 31, 2017. Upon combination with other connected transactions over the past six months prior to the date on which the Board of Directors’ Meeting would resolve to
period for the land ownership transfer and willing to make additional payments for the deposit. The buyer agreed to pay the remaining amount on the date of the land title-deed ownership transfer, which has
assumptions used in calculating the fair value of the mining property rights over the two Indonesian mines. Moreover, no information was available with regard to the examination of the legal ownership of those