into account various factors, such as, value of assets ( present value) , financial position, operating results, nature of business operations, potential and opportunity for business expansion and price

the Thai governmental agencies to temporarily close the premises in various provinces in Thailand to prevent the spread of the COVID- 19, the Company had to temporarily close most branches of Index

retail loans. Meanwhile, SMEs loans contracted less due to the implementation of various relief measures by the Bank of Thailand. Under the current economic situation and deteriorating quality of loans

slowdown, uncertainty surrounding international trade policies and the Baht’s ongoing appreciation, will continue to pose major downside risks. Consequently, the government has rolled out various fiscal

the operation of the project will create returns and value to the Company and its shareholders in the long term. 11. Opinion of the Audit Committee and/ or the Director which is Different from the Board

Audit Committee and/or directors which are different from the opinions of the Board of Directors under item 12 None

that the Company enter into the Transaction. 13. Opinions of the company’s Audit Committee and/or directors which are different from the opinions of the Board of Directors under item 12 None

the Opinion of the Board of Directors The Audit Committee and the directors of the Company do not have different opinions from that of the Board of Directors as mentioned in section 10.

the corresponding period last year, such development could be separated into different product categories as follows: 2015 Domestic GP Energy Drinks Sports Drinks Other Branded Products 3rd-party

maintain the situation. 8) Opinions of the Company’s Audit Committee and/or directors which are different from the opinions of the Board of Directors in Clause 7) above The Audit Committee and the Board of