of English version shall not in any event be construed or interpreted as having effect in substitution for or supplementary to the Thai version thereof. Please note that the translation has not been

of the Company having an interest and/or being a connected person in the entry into the Transaction, every directors of the Company are entitled to consider and cast their votes for the agenda

, every directors of the Company are entitled to consider and cast their votes for the agenda regarding the Transaction. 12. Opinion of the Board of Directors regarding the Hello LED Shares Acquisition

conflict of interest between NDR and FKRMM even though their business is similar. FKRMM operates trading business which purchases motorcycle tires and tubes from NDR and sell products in Malaysia that are

UNOFFICIAL TRANSLATION Codified up to No. 10 As of 24 October 2018 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference

Trust for Transactions in Capital Market Act B.E. 2550 was prepared by staff members of the SEC Office. Readers should be aware that only the original Thai text has legal force and that English

in the trust instrument. SECTION 49 Unless a trust instrument provides otherwise, in case where there are several beneficiaries, exercise of such beneficiaries right under this Act shall be under the

was prepared by staff members of the SEC Office. Readers should be aware that only the original Thai text has legal force and that English translation is strictly for reference. Please also note that

. transactions from shareholders’ meeting wit attend and grant the right to vote. However, shareholders who have conflict of interest in this issue are excluded from the vote. The Company also needs to prepare the

(UNOFFICIAL TRANSLATION) Codified up to No.12 As of 6 August 2018 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference