– Translation – No. FSS.CS 20/2561 April 27, 2018 Subject: The Disposition of the Remaining Investment in Joint Venture Company To: President The Stock Exchange of Thailand As Finansia Syrus

dated May 11 th , 2018 was made for a partial exercise of the Call option and an extension of effective period of the Call option for the balance shares. Pursuant to this agreement, INBV will exercise

to the company. The company accepted partial tender offer. Remark : * This price was derived from Thai President Foods Plc. making a voluntary tender offer for the entire securities of PB, based on the

as collateral for partial payment. The remaining debt, the debtor has a request of payment extension to the Company. Therefore it is a result to the additional of debt which overdue exceeded 181-365

Condition Area 75 Rai 34 Square wah Price 412,967,500 Baht Property 4 plots of land Payment The buyer will pay some deposit on the date the parties enter into the agreement. The buyer will pay the remaining

, mainly due to the partial repurchase of the debentures before its maturity amounted Baht 299 million for the purpose of efficient cash flow and liquidity management. For the remaining debentures of Baht

, or equivalent to THB 137,544,338.76, and interest of USD 3,068,212, or equivalent to THB 105,881,609.73) (the “Partial Repayment”) and the Company will utilize the remaining loan after the Partial

year due to partial repayment of loan in the year 2017. • Share of profit from associates and joint ventures As the Company disposed 10% of its investment in TSE during end of 2016, the Company’s

buyer will pay the remaining amount of Baht 330,374,000 on the date of registration of land transfer at Department of Lands within December 2018. Both parties have agreed to pay equally for income tax

taken including to sign agreements or relevant documents in order that the asset disposal and mortgage to WHART Trust are successful. 5. Assets remaining after Asset Disposal to WHART Trust After the