Directors which is different from the Board of Directors’ Opinion : NIL Please kindly be informed accordingly. Sincerely yours, Mrs. Teerada Ambhanwong Managing Director Chief Executive Officer

associate company which is the manufacturing supply chain of the company. (12) Opinions by The Audit Committee and/or Director significantly different from those by The Board of Directors : - None - The

proportion is an appropriate transaction and beneficial to The Iconic Company Limited as a shareholder of The Iconic Property Company Limited for use as a working capital for its business. 8. The different

transaction is justified and will benefit the Company. Therefore they resolved to approve the said transaction. 7. Opinion of the Audit Committee and/or the Company's directors that is different from the

as the normal business transactions. Also, the price and conditions are reasonable. 10) Opinions by The Audit Committee and/or company directors significantly different from those by the Board of

price and conditions are reasonable. 10) Opinions by The Audit Committee and/or company directors significantly different from those by the Board of Directors : - None - 620/5 Moo 11 Nongkham, Sriracha

Company overall. (11) Opinion of the Audit Committee and/or Company’s Directors that is different than the opinion of the Board of Directors : None (12) Opinion of the Independent Expert : None (13

considered and given opinion that the connected transaction is reasonable and has agreed to sell the land as details above. The opinion of the Audit Committee and/or the directors that different from The Board

expected trends in interest rates may high in the future. The transaction will not any effect the rights of the shareholders. 9 Opinion of the Audit Committee and/or the Company Directors which is different

different from The Board of directors. : None Please be informed accordingly. Sincerely yours Apinya Jarutrakulchai (Ms. Apinya Jarutrakulchai) Senior Executive Vice President Corporate Secretary Department