with the needs of people and communities; and 2) Inclusive in approach: striving to contribute to a resilient and just society, ensuring dignity and respect for all people and communities, while
Adjusted Book Approach method (Book value as of December 31, 2017 is THB 213.55 million) which was appraised by Phet Siam Appraisal Company Limited, an independent appraiser approved by the Securities and
Criteria used to determine asset selling price is referred to the appraisal of the following 3 independent appraisers: Name of Appraisal Company Method of Valuation Appraisal Value Date of Valuation 1
method, is 2.04% of the total assets of the Company as of 31 December 2019. The transaction size is less than 15% of the total Asset value (Total Asset value of the Company based on audited financial
Purchaser also agreed to adjust the Enterprise Value by the amount of cash, interest-bearing liabilities and actual net working capital of the Targets as at the Completion Date under the terms and method
calculated based on that alternate denomination. This approach of aggregating buildings in a bond portfolio is known as the Full Aggregation Method. Condition 1b: Will achieve equivalent performance over the
financial advisor of the Company viewed that the net present value (NPV) approach is the most suitable approach for the valuation because such method reflects business operation plan, profitability and growth
. Assessor : The Valuation & Consultants Company Limited Method of Valuation : Market Comparison Approach Date of Valuation : 17 May 2019 6. Transaction Volume 6.1 The above transaction is conformed to related
is in the range of fair value as appraised by the financial advisor based on the Discounted Cash Flow Approach, as the appraisal of fair value method which reflects the future operational results of
guidelines that recommend transparency and disclosure and promote integrity in the development of the Social Bond market by clarifying the approach for issuance of a Social Bond. The SBP are intended for broad