the ones established by the IFAC; (4) “Quality Assurance Review Panel” means a body of persons appointed by the SEC Office to give advice and recommendations regarding supervision of auditors in the

received financial assistance from Asian Insulators Public Company Limited as follows: Promissory Notes No. Issue Date Due Date Amount (THB) Interest rate (%) Executive Committee’s Approval Date 1. AIE008

14 August 2018. The Audit Committee’s opinion The Audit Committee has no different opinion from those of the Board of Directors.

representative from the PWA, is considered a connected person. He did not attend the meeting, and did not vote at the meeting. 7. The Board’s opinion on the agreement to execute the connected transaction. The

and Mr. Tommy Taechaubol who are the directors with conflict of interest and/or related party and have no voting right for this agenda item. Board’s Resolution for Approval of this Transaction The Board

. Board’s Resolution for Approval of this Transaction The Board approved due to the fact that the transaction has appropriate return at acceptable risk. Please be notified accordingly. Yours truly

trust business under the Trust for Transactions in Capital Market Act B.E. 2550 (2008). The Office hereby notifies the Capital Market Supervisory Board’s resolution accordingly. Notified this 1st day of

business upon obtaining a license to undertake trust business under the Trust for Transactions in Capital Market Act B.E. 2550 (2008). The Office hereby notifies the Capital Market Supervisory Board’s

useful for the benefit of the Company. Consequently, the Board of Directors approved the said transaction on 27 February 2020. The Audit Committee’s opinion The Audit Committee have no different opinion

said transaction on 14 August 2019. The Audit Committee’s opinion The Audit Committees have no different opinion from those of the Board of Directors.