to approximately Baht 1,761.00 million. 25.10% of the equity value in SGAH that the Company will invest has a price range between USD 50.00 million and USD 100.00 million, or equivalent to between

amount of THB 259.36 million, or equivalent to the dividends at the rate of THB 0.036 per share (3.60 Satang per share) (There were 1,100 shares held by the shareholders who were disqualified to receive

transaction price of THB 924.90 million is within the appropriate price range as evaluated using the Adjusted Book Value Approach, which is equivalent to THB 912.57 – 937.23 million (Details of the IFA’s

transactions within the past 6 months, is equivalent to 16.65 percent that based on the value of total assets in consolidated financial statement ended December 31 st , 2017. This 16.65 percent transaction size

equivalent to 9.38% of business operation based on financial statement as of March 31, 2019, which is not considered as acquisition. However, according to the Board of Directors „s resolution 3/2018 on 18

transaction value of 16.26 percent, and after computation with the transaction size of the Company’s other acquisition transactions within the past 6 months, is equivalent to 16.88 percent, based on the value

Airport. Upon completion, Crossroads will open 2 hotels, Saii Lagoon Maldives, Curio collection by Hilton and Hard Rock Hotel Maldives, plus a wide range of facilities centered upon The Marina @Crossroads

advisor in the range of 321,470,000 Baht to 373,510,00 Baht. As of 6 November 2019, the Company has an investment in YLP in the amount of 170,000,000 Baht. Basis Adopted to Determine the Value of

partner or equivalent affiliated with the audit firm; 2. I or a person with equivalent authority in the audit firm, the audit firm, other partners or equivalent, other licensed CPAs, or assistant auditors

I, ........[FULL NAME]........, leader of……......[NAME OF AUDIT FIRM]…............ certify that: 1. …(FULL NAME OF APPLICANT) ....., CPA License No. .............., is a partner or equivalent