Methodology 1. Net Tangible Asset (“NTA”) = Book Value of NTA of MK in proportion of the acquired assets1/ NTA of the Company according to the consolidated financial statements2 = 8.37% x Baht 6,464.63 million

of Assets. From calculation the transaction found that size of transaction according to Net Tangible Assets Basis is highest equivalent to 15.89%, which the scope of transaction type 2. The Company

. To measure the transaction value the method used is book value of net tangible asset (NTA) and the value is 70.24% of the total asset. Over the past 6 months, UU has signed the agreement to sell water

2601 Fax. 0 2204 2616 Total expenses 1,542 1,645 12,833 Profit(loss) before income tax (531) (1,645) (12,815) Net profit(loss) (531) (1,645) (12,815) Book value per share (Baht/share) 136.30 146.92

“Offeree”) are subject to a brokerage fee of 0.25 percent of the Offer Price and value added tax of 7.00 percent of the brokerage fee. Therefore, the net price to be received by the Offeree will be THB

the documents evidencing title to the securities being offered (including temporary documents of title, if applicable) to subscribers or purchasers; and (b) the book-entry transfers of the securities

reviewed by the certified auditors of the Company are as follows: No Criteria Calculation Formula Transaction size 1 Net Tangible Assets (NAT) Criteria Cannot be calculated since disposed asset is not

Period (Day) 58 58 66 CASH CYCLE (Day) 9 14 18 PROFITABILITY RATIO Gross Profit Margin (%) 8.57 7.82 10.37 Net Profit Margin (%) 4.61 3.56 5.94 Return on Equity (%) 6.03 5.01 8.05 EFFICIENCY RATIO Return

follows, 4  Financial information used in the calculation  The calculation of transaction size as detailed: 3.2.1 Book value of net tangible assets method Transaction size = NTA of investment in the

consolidated financial statement dated December 31, 2019 is being referenced. To measure the transaction value the method used is book value of net tangible asset (NTA) and the value is 70.24% of the total asset