financial situation. However, the Company has received a written waiver from its creditor on this issue in the third quarter of 2019, which is the most recent waiver. The Company has to maintain Debt to

million for Q2-2017 and Q2-2016, in accordingly). Mainly caused from in last year, it recorded the additional expense claims from creditor in regarding to the Company breached some condition in the

and related person as following details: Borrower Mana Patanakarn Company Limited as a subsidiary of Nawarat Patanakarn Public Company Limited (“the Company”) Lender 1. K Alliance Company Limited 2. Mrs

December 2018 2. The parties involved Borrower : Pan Asia Footwear Public Company Limited [PAF] Lender : Mr.Boonsithi Chokwatana Connected person : Mr.Boonsithi Chokwatana Brother of Mr.Boonkiet Chokwatana

January - 31 December 2020 2. The parties involved Borrower : Pan Asia Footwear Public Company Limited [PAF] Lender : Mr.Boonsithi Chokwatana Connected person : Mr.Boonsithi Chokwatana Brother of

December 2019 2. The parties involved Borrower : Pan Asia Footwear Public Company Limited [PAF] Lender : Mr.Boonsithi Chokwatana Connected person : Mr.Boonsithi Chokwatana Brother of Mr.Boonkiet Chokwatana

: 19 July 2018 2. Financial Supporter, Connected Transaction Parties: Jaymart Public Company Limited which is major shareholder of the Company held 67.5% (Lender) 3. Financial Receiver: JAS Asset Public

: 18 July 2018 2. Financial Supporter, Connected Transaction Parties: Jaymart Public Company Limited which is major shareholder of the Company held 67.5% (Lender) 3. Financial Receiver: JAS Asset Public

December 2019 2. The parties involved : Borrower : Pan Asia Footwear Public Company Limited [PAF] Lender : Advantage Footwear Company Limited [AVF] Relationship : PAF holds direct and Indirect the 84.25

period; (2) an offer for sale to institutional investors; )3( an offer for sale to high net worth investors, )4( an offer for sale to a person being a company’s creditor prior to the offer for sale of