such transaction to the SET. 3.3 Rational and background of the transaction Rich Asia Corporation Public Company Limited (“the Company”) has the debtor which is Rich Asia Industry Company Limited

) benefits the Company as Planet’s shareholder and the Company; (2) is under the rational condition; and that (3) the investment value of Baht 1,456.31 million is reasonable, as it can support the Company’s

transaction, and has an opinion that the entering into the transaction (1) benefits the Company as Planet’s shareholder and the Company; (2) is under the rational condition; and that (3) the investment value of

21 days from the disclosure date on which the information memorandum on entering into such transaction to the SET. 3.3 Rational and background of the transaction Rich Asia Corporation Public Company

the shareholders of the Company within 21 days from the disclosure date on which the information memorandum on entering into such transaction to the SET. Enclosure 3.3 Rational and background of the

such transaction to the SET. 3.3 Rational and background of the transaction As the conglomerate has a new business plan of 100% battery electric vehicle business, Rich Asia Industry Co., Ltd. (Another

Thailand (the "SET) and send a circulated letter to the shareholders of the Company within 21 days from the disclosure date on entering into such transaction to the SET. Enclosure 3.3 Rational and background

weaker to previously average level. Amongst uncertain situation in many countries, Thailand’s post-election government was formed in June. That was a positive factor to promote the country’s stability in

change in lifestyle and consumer behavior. Many financial scenarios have been formed and we took a more stringent discipline on both spendings and investment together with monitoring the financial health

consumer behavior due to the COVID-19 pandemic, and from pent up demand accumulated from May. Managing the impact of the COVID-19 The Company has formed a central committee as well as subsidiary committees