Commission No. KorNor. 29/2547, Re: Cancellation of the Notification of the Securities and Exchange Commission relating to Management of Mutual Funds and Private Funds, dated 10 June 2004, be repealed and

Notification of the Securities and Exchange Commission (Translation) PAGE (Translation) - 4 - Readers should be aware that only the original Thai text has legal force and that this English

Notification of the Securities and Exchange Commission (UNOFFICIAL TRANSLATION) PAGE (UNOFFICIAL TRANSLATION) - 11 - Readers should be aware that only the original Thai text has legal force and that

Notification of the Office of the Securities and Exchange Commission (Translation) PAGE (Translation) 3 Readers should be aware that only the original Thai text has legal force and this English

paragraph hereof, shall not be a person for whom the management company applies for an approval to act as a private fund manager under Clause 14 of the Notification of the Office of the Securities and

: Clause 1. In this Notification: “Custodian agent” means the person whom the custodian appoints to be its agent in performing the duties relating to custody the assets of private fund; “Office” means the

where such financial institution operates; (2) being a creation of obligation related to permissible investment of private funds in accordance with the Notification of the Capital Market Supervisory Board

on Private Fund Management dated 31 July 2000; (4) Notification of the Office of the Securities and Exchange Commission No. SorNor. 49/2543 Re: Rules on Protection of Conflict of Interest on Investment

Investor dated 8 February 2017, excluding the investors under Clause 4(10) (18) (22) (23) (24) and (25) of the said Notification; (2) the private funds for which a securities company manages the money of (1

securities company to manage the private fund, and shall manage the private fund in accordance with the rules, conditions and procedures as specified in the notification of the SEC. In this regard, the SEC