29.98 percent of the registered capital. (Translation) 2 2. General Descriptions and Details of the Connected Transaction The Company was granted the concession for the MRT Blue Line Project by the Mass

granted the concession for the MRT Blue Line Project by the Mass Rapid Transit Authority of Thailand (“MRTA”) under the MRT Blue Line Concession Agreement on March 31, 2017, under which the Company has the

Transfer (BOT). At the present, construction is under permission. The process of requesting approval for the part of construction modification has value of receivables under the concession agreement And

provide a discount to the water tariff for the 6 contracts with PWA, and under concession with the Department of Water Resources, for the Chonburi Waterworks service area, Rayong Waterworks service area

landlords in Thailand  Discuss with international media concession owners to reduce or postpone the payment of minimum guarantee II. Postponement of cash flow  Proritise the use of money for current

: Project Names and Types Nam San 3A Hydro Power Plant Project Project Location Xiangkhouang, the Lao PDR Commercial Operation Date (COD) 29 January 2016 Term of Concession Agreement and SPA 27 years from the

been commenced and the total values of receivables under the concession agreement and intangible assets as ended September 30, 2017 were Baht 10.58 million and Baht 4.31 million, respectively. Slib

International Airport with 5 years of concession. The subsidiary was established by the condition of Airport of Thailand PCL. (AOT)’s term of reference with registered capital of 20.0 million baht (June 2019) 2

(-Translation-) Ref. No. VGIGM.CSC.SET.18.13 May 17, 2018 Subject Dividend Payment, Investment in the shares of Kerry Express (Thailand) Limited, Issuance and Offering of the Newly Issued Ordinary Shares of the Company via a Private Placement, Partial Sale of VGI Global Media (Malaysia) Sdn. Bhd.’s shares, Issuance and Allocation of Warrants to Purchase Newly Issued Ordinary Shares of VGI Global Media Public Company Limited No. 2 (VGI-W2), Capital Increase through a General Mandate and Calling t...

main driver in increasing the cost-to-sales ratio from 53.1% to 64.4% in this year. VGM’s cost structure is higher than MACO’s domestic business due to higher expenses from concession in Transit and