value Baht 10, Including to negotiate the details of the Agreement and related transaction to achieve the best benefit for the Company. Therefore, regarding to the Executive Committee Meeting No. 4/2018

and its subsidiaries have contract revenues for Q1/2018 amount 127 Million Baht which is decrease of 118 Million Baht (48%) from Q1/2017 contract revenues. Q1/2018’s net loss of 32 Million Baht

subsidiaries have contract revenues for Q2/2017 242 Million Baht which is decrease of 28 Million Baht (10%) from Q2/2016 contract revenues. Q2/2017’s net profit of 8 Million Baht represents decreasing of 10

subsidiaries have contract revenues for Q3/2017 162 Million Baht which is decrease of 39 Million Baht (19%) from Q3/2016 contract revenues. Q3/2017’s net profit of 5 Million Baht represents increasing of 4

subsidiaries have contract revenues for the year 2017 amount 779 Million Baht which is decrease of 157 Million Baht (17%) from 2016 contract revenues. 2017’s net profit of 13 Million Baht represents decreasing

and its subsidiaries have contract revenues for Q1/2019 amount 220 Million Baht which is increase of 93 Million Baht (73%) from Q1/2018 contract revenues. Q1/2019’s net loss of 67 Million Baht

; Unimit and its subsidiaries have contract revenues for Q1/2019 amount 220 Million Baht which is increase of 93 Million Baht (73%) from Q1/2018 contract revenues. Q1/2019’s net loss of 67 Million Baht

-term land rental agreement, is considered to fit under the criteria of investment. In calculation of the transaction value the consolidated financial statement dated December 31, 2019 is being referenced

and paid-up share capital. 4. Rationale to Enter into The Transaction The renewal of the land rental contract is required since the previous agreement expired. The subsidiary company rents this land for

(“SPA”) between OKEA and Shell. And OKEA and Shell has entered into the SPA agreement on 20 June 2018. 2. Relevant contract parties (a) Binding Term Sheet in relation to OKEA AS: The Company signed with