submitted by the applicant to the SEC Office and certifies that the procedure for increasing capital of the REIT being rightfully in accordance with the trust instrument and this Notification and other

business cycles. These segments are also poised for healthy growth momentum and thereby support IVL overall growth strategy. IVL foresees the ability to invest $3 to 4 billion of projected free cash flow

shall only be made if such amendment is not inconsistent with nor contrary to the provision of this Notification and such amendment is made rightfully according to the terms and conditions. The approved

such amendment is made rightfully according to the terms and conditions. The approved entity shall notify such amendment and 17 submit a copy of the related documents to the SEC Office and the Thai Bond

Notification and such amendment is made rightfully according to the terms and conditions. The approved foreign entity shall notify the SEC Office and the Thai Bond Market Association of such amendment and submit

made if such amendment is not inconsistent with nor contrary to the provision of this Notification and such amendment is made rightfully according to the terms and conditions. The approved entity shall