% increased from 2018 or by Baht 94.1 Million. Most of the increased revenue resulted from package modernization in Traditional Thai products and new taste development to meet consumer preference. - Seafood

first major period of generational succession. • Succession versus professionalization. - Surveys suggest preference amongst Asian family-firms for succession but growing recognition of need for

PROSPECTUS CHANEL CERES PLC (incorporated with limited liability in England and Wales) EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2026 unconditionally and irrevocably guaranteed by Chanel Limited Issue price: 99.726 per cent. and EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2031 unconditionally and irrevocably guaranteed by Chanel Limited Issue price: 99.400 per cent. The EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2026 (the "2026 Notes") and the EUR300,...

resolved to approve the joint venture with Mercuria Investment Co., Ltd. (“Mercuria”) by disposal of the preference shares of Origin Grand Co., Ltd. (“Origin Grand”), a subsidiary of the Company in which the

neither strong nor independent-minded enough in most cases to substantially influence deci- sion making by the board. 3 Tunnelling refers to the transfer of resources in favour of the majority owner‟s

favor of the Company. Consequently, the Company has not established any loss reserve in its accounts, from suing of claiming a compensation for damage of Baht 9. 2 million for its non- compliance with the

in favor of the plaintiff. The Court shall determine the amount of the award by taking into account the difficulties of the case together with the period of time and the work of the counsel for the

management concurred that the case would be ruled in the favour of the Company. Consequencely, the Company has not established any loss reserve in its accounts. Please be informed accordingly, Yours sincerely

the Company 2.1 The Board of Directors of the Company resolved to approve the joint venture with Mercuria Investment Co., Ltd. (“Mercuria”) by disposal of the preference shares of Origin Grand Co., Ltd

., “Resolved: Shareholders hereby request that the board of directors does X.”). This clause is often accompanied by a supporting statement and “whereas” clauses, explaining why shareholders favor a recommended