ratio to ensure that the benefits of Warrant holders are no less favorable in the event of the following: (1) when the Company changes the par value of the ordinary shares due to a consolidation or split

favorable to the conditions set out by the Company in the bidding process. Page 3 of 4 Ocean Commerce Public Company Limited 148/1 Soi Raminthra 14, Raminthra Road, Tharang Sub-district, Bang Khen District

. Sources of Funding Internal Working Capital 7. The Board of Directors regarding the transaction. The Board of Directors of WORLD considered and viewed that this transaction is reasonable and beneficial to

transaction is an appropriate and beneficial to the Company on a long- term basis, and no disagreement to the Company’s Board of Directors has been raised by the Company’s directors and/or the audit committee

of sustainable growth in Thailand. Importantly, green investments are not only beneficial for the environment, but they also impact bottom lines positively in the medium to long term. Equally critical

honesty and integrity based on their career records, as well as having skills and experiences which are beneficial to the business operation; (4) being able to show the readiness of its work system and

beneficial for CFOs and chief  accounts in carrying out their duties as follows:   ​The orientation courses should cover duties of a CFO in relation to financial reporting,  financial report analysis

pre-appointment annually in accordance with the specified rules and regulations applicable to the companies listed on the Stock Exchange of Thailand.  TLCA does realize that it will be beneficial to

are reasonable and are not less favorable the terms under other financial agreements of the Company in the past. As such, the Board of Directors has approved the said Financial Assistance. Moreover, the

found that the terms under the Credit Agreement are reasonable and are not less favorable the terms under other financial agreements of the Company in the past. As such, the Board of Directors has