Store building located in the CentralFestival Phuket Project is sensible, beneficial to CPN, and fair to both parties. 7. Opinions of the Board and the Audit Committee Excluding directors with vested

and opined that the transaction is reasonable and beneficial to a subsidiary. (9) Opinions of the Audit Committee and/or the Board of Directors which is different form the Opinions of the Directors

considered that the transaction is reasonable and beneficial to a subsidiary. Loan conditions from RPT are better than loans offered by financial institutions. (9) Opinions of the Audit Committee and/or the

beneficial in supporting rental service and managing office building for the Bank and the Group. Please be informed accordingly. Yours faithfully, (Mr.Aphinant Klewpatinond) Chief Executive Officer and

company considered this transaction is reasonable and beneficial to the Company because this is to support sales in the early of next year. The purchasing of brand new machines requires high investment

reasonable and beneficial to the company because the company will make the working capital. The interest rate charged by AVF is lower than the market interest rate which is the interest rate that the company

considered that the transaction was beneficial to the whole company and therefore approved 11. The opinion of the Audit Committee. And/or directors of the Company. Different from the opinion of The Board of

Committee. It appears to be most beneficial to the Company. Please be informed accordingly. Very truly yours, Mr. Suchat Mongkhonaripong President and Chief Executive Officer

in providing the underling services. 6. Opinions of the Audit Committee The Audit Committee has opined that services provided by HCDS are beneficial to CPN’s business operations. HCDS’s know-hows and

. 6. Board of Director’s opinions The Board of Directors and The Audit Committee have considered the connected transaction is reasonable and beneficial to the subsidiary company since the rental rate