make the highest benefits to the Company. There were no different opinions among the Board of Directors and the Audit Committee. Notice: When counting all connected transactions which have been come from

have no different opinions from the Board of Directors. Type of transaction : The transaction mentioned above is classified to be a connected transaction in relation to normal commercial terms, pursuant

Directors which is different from the Board of Directors’ Opinion : NIL Please kindly be informed accordingly. Sincerely yours, Mrs. Teerada Ambhanwong Managing Director Chief Executive Officer

associate company which is the manufacturing supply chain of the company. (12) Opinions by The Audit Committee and/or Director significantly different from those by The Board of Directors : - None - The

proportion is an appropriate transaction and beneficial to The Iconic Company Limited as a shareholder of The Iconic Property Company Limited for use as a working capital for its business. 8. The different

transaction is justified and will benefit the Company. Therefore they resolved to approve the said transaction. 7. Opinion of the Audit Committee and/or the Company's directors that is different from the

as the normal business transactions. Also, the price and conditions are reasonable. 10) Opinions by The Audit Committee and/or company directors significantly different from those by the Board of

price and conditions are reasonable. 10) Opinions by The Audit Committee and/or company directors significantly different from those by the Board of Directors : - None - 620/5 Moo 11 Nongkham, Sriracha

Company overall. (11) Opinion of the Audit Committee and/or Company’s Directors that is different than the opinion of the Board of Directors : None (12) Opinion of the Independent Expert : None (13

considered and given opinion that the connected transaction is reasonable and has agreed to sell the land as details above. The opinion of the Audit Committee and/or the directors that different from The Board