SEC had proposed, in principle, to amend the definition of major shareholder of the securities companies which at present is determined based on the “number of voting shares” to the “number of

such as rights and duties of each shareholder and details of management and administration of the company by the board of directors and the shareholders. In this regard, the Company anticipate that the

; “governmental agency” means a central administration under the Law on State Administration; “significant shareholder” means a shareholder who holds shares in any business at an amount exceeding ten percent of the

to others. these rights protect shareholders from dilution of value and control when new shares are issued. Shareholder agreement: An agreement between shareholders on the administration of the company

securities company shall allow any person to have control over its administration or management except for exercise of shareholder’s right in shareholder meeting or management under agreement approved by the

Securities Company Granted an Exemption from Application for Approval of Person to be Major Shareholder

shareholder of the Company which directly and indirectly holds 65.8 percent in aggregate of the total issued and paid-up shares of the Company, and also a major shareholder of BTSC which indirectly holds 100

shareholder in respect of execution of the office building space lease agreements, which are deemed connected transactions in the category of short-term rent/lease of real property in accordance with the Stock

: (Unit: Share) Shareholder Current Capital Capital Injection After Capital Injection AEON Thana Sinsap (Thailand) Public Company Limited 8,259,600 100% 9,000,000 17,259,600 100% ACS Capital Corporation