1 (TRANSLATION) SAFARI WORLD PUBLIC COMPANY LIMITED PCL 0107537000351 Ref. No. 080/2019 4 December 2019 Subject: Notification of the Resolution of the Board of Director’s Meeting regarding of the schedule of EGM1/2020, Capital Decrease, Capital increase, an Increasing of investment cost in Carnival Magic Project, and compensation for design and construction to related person. To: Managing Director The Stock Exchange of Thailand Reference: 1. Information Memorandum on the Issuance and Offering of...

1 (TRANSLATION) SAFARI WORLD PUBLIC COMPANY LIMITED PCL 0107537000351 Ref. No. 080/2019 4 December 2019 Subject: Notification of the Resolution of the Board of Director’s Meeting regarding of the schedule of EGM1/2020, Capital Decrease, Capital increase, an Increasing of investment cost in Carnival Magic Project, and compensation for design and construction to related person. To: Managing Director The Stock Exchange of Thailand Reference: 1. Information Memorandum on the Issuance and Offering of...

1 (TRANSLATION) SAFARI WORLD PUBLIC COMPANY LIMITED PCL 0107537000351 Ref. No. 080/2019 4 December 2019 Subject: Notification of the Resolution of the Board of Director’s Meeting regarding of the schedule of EGM1/2020, Capital Decrease, Capital increase, an Increasing of investment cost in Carnival Magic Project, and compensation for design and construction to related person. (Update) To: Managing Director The Stock Exchange of Thailand Reference: 1. Information Memorandum on the Issuance and Of...

, the Company’s administrative expenses increased in an amount of 334.94 million baht as a result of provision set aside for utility repair works in order to hand over to housing juristic person and for

restoration compensation after the cessation zinc operation as stipulated by law and new regulations imposed by the Department of Royal Forest of 53.57MB.  Finance costs increased by 54.44MB in year 2018

the Company. The Company cooperates with the Department of Royal Forest (“RFD”) to forestry restoration compensation after the cessation zinc operation as stipulated by law and new regulations imposed

recognition of a provision of forestry restoration compensation after the cessation zinc operation as stipulated by law and new regulations imposed by the Department of Royal Forest of 47.42MB  Finance costs

in 2017 compared to higher cost of goods sold from imported zinc in 2018.  The recognition of a provision of forestry restoration compensation after the cessation zinc operation as stipulated by law

which was charged in the 1st quarter and the higher building repair expense.  Selling expenses increased by Baht 12 million as a result of higher property development operations selling expenses

revenue ratios for those years stood at 13.78% and 13.76%, respectively. The higher ratio on a period-on-period basis was attributable to the Company having some expenses in employee expenses, and repair