Microsoft Word - GLOCON.012-2020 Clarification on the Company acquiring shares of Glocon ... GLOCON.012/2020 March 19th, 2020 Subject: Clarification on the Company acquiring shares of Glocon

per shares Baht 9.645 Total Buying price : 72.34 Million Baht Proportion of holding shares in WPS Before buying shares : 84.50% After buying shares in this time : 99.50% 4. The shareholding structure

relationship and are not related persons of the Company. 3. Details of transactions Type of securities : Ordinary shares Number of share : 250,000 shares with price per shares Baht 9.645 Total Buying price

= NTA of investment in the Company x The acquired proportion x 100 NTA of the Company 6.59% 2. Net Profit from Core business after tax = Net profit from the acquiring assets x 100 Total net profit of the

2.Net operating profits Net Profit from the acquiring assets x 100 Total net profit of the Company Not calculated due to loss 3.the value of consideration Value of transaction paid or received x 100

is the ideal location for petrochemical, chemical, steel and utility- intensive customers requiring electricity and steam. After successfully acquiring 100% shares of Glow SPP1 from Glow Company

from Core Business after tax Transaction size = Net Profit from the acquiring assets x 100 Total net profit of the Company = (0.00309758 X 85.65%) X 100 125.89 = 0.00211% (3) Value of Consideration

progress and shall be fully payable at completion. 11 7. Calculation Criteria Method Calculation Transaction Size (%) 1) Net Total Assets (NTA) %Shareholding x NTA of Acquiring Entity x 100 NTA of the

fully payable at completion. 11 7. Calculation Criteria Method Calculation Transaction Size (%) 1) Net Total Assets (NTA) %Shareholding x NTA of Acquiring Entity x 100 NTA of the Company Cannot calculate

Company x The acquired proportion x 100 NTA of the Company = (380.20 x 84.50%) = 321.27 x 100 2,205.28 = 14.57% 3.2.2 Net Profit from Core business after tax Transaction size = Net profit from the acquiring