attend the meeting and have the right to vote, an approval from the Office of the Securities and Exchange Commission is required in accordance with the relevant notification of the Capital Market
Thailand, unless specifically exempted under the terms of an applicable double tax treaty, in case that the Offeree is a foreign juristic person not operating any business in Thailand and not residing in a
brokerage; (2) securities dealing; (3) securities underwriting; (4) mutual fund management; (5) private fund management. 1The provision under Paragraph 1 shall not be applicable to a licensee under Paragraph
: Determination of Fees for Undertaking Business According to Licenses (No. 3) dated 24 April 2017 (effective on 16 May 2017). 3 (5) private fund management. 1The provision under Paragraph 1 shall not be applicable
or conditions prescribed in the relevant Notifications, but a certain fact leads to it being considered that the true objective or the substance of the management of such mutual fund constitutes an
(Whitewash) from the SEC (within 3 months from the date on which the Shareholders’ Meeting passes the resolution). This will be valid and applicable to the investor (including the person according to the
auditor approved by the SEC Office. The provision under sub clause (4) of the first paragraph shall not be applicable, in case the income guarantor has arranged either a letter of guarantee issued by a