trading multiples method by taking into account potential synergies after the completion of Tender Offer of all CSL’s shares and AWN becomes the major shareholder of CSL 7 5.3 Source of Funds Upon the
stewardship Collaboration Broader stewardship Benefits of collaboration Collaborative shareholder engagement occurs when a group of institutional investors come together to engage in dialogue with companies or
shareholders who have conflict of interest in this issue are excluded from the vote. The company will send the invitation to all shareholder along with an Independent Financial Advisory report in advance not
the PWA to its customers. As EASTW is the major shareholder of UU and holds 50,999,993 shares, equivalent to 99.99% of the paid-up capital of UU and PWA is the major shareholder of EASTW, as of April 30
shareholder(s) that have ultimate control of the audit firm? 2 Does the person that has ultimate control in the firm be a CFO or managing partner of the firm? If not, how the ultimate shareholder(s) delegate or
shareholder. This accounted 75.35 % in the third quarter of 2017. The company has not received a written valuation by an independent evaluation. So it is not yet recorded profit from changes to the investment
information to all shareholders within 21 days after disclosure to SET. -Translation- Page 2 of 3 Nevertheless, such the disposal of shares in TSE is considered an entry into the transaction with the
will get all five seats, as s/he will always outvote the minority share- holder by 80:20. cumulative voting would allow the minority shareholder to cast all his/her votes (five times 20 percent) for one
votes of shareholder who attend and grant the right vote, however shareholders who have conflict of interest in this issue are excluded from the vote. The company will send the invitation to all
tender shall take place provided that: (1) the Company obtains shareholder approval for the tender offer for all securities in TBSP; (2) the Company obtains shareholder approval for the Company’s increase