Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

interest rate of 7.00% per annum Issue date 8 February 2019 Redemption date 6 February 2020 2 Call option/Put option -None- Credit rating of debentures -None- Lead managers Ktb Securities (Thailand) Public

. Within 9 months the competitors gradually disappeared and the company gained 50% market share. In the part of mobile top-up market share, the company gained it from several channels especially ROM. As a

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

representing 30.89 percent of the total voting rights of GLOW). On 20 June 2018, GPSC and Engie Global Developments B.V. (“Engie” or the “Seller”) entered into the Share Purchase Agreement (the “SPA”) to

option/Put option The issuer has the right to redeem the debentures before maturity Credit rating of debentures -None- Lead managers Ktb Securities (Thailand) Public Co., Ltd. 2 Debenture Holders

)% 11,457 10,193 12% Operating income 4,524 6,213 5,444 (17)% 19,845 11,065 79% (3) Share of profit/(loss) from JV (120) 146 (44) 170% (76) (343) (78)% (4) Extraordinary income/ (expenses) (88) (27) 2,485

)% EBITDA 10,023 7,399 7,416 35% 33,909 24,171 40% Depreciation and amortization 3,132 2,875 2,837 10% 11,752 10,632 11% Operating income 6,891 4,524 4,579 50% 22,156 13,540 64% (3) Share of profit/(loss

11,061 9% Operating income 5,611 6,891 4,528 24% 23,240 16,565 40% (3) Share of profit/(loss) from JV (45) 47 (49) (8)% 28 (173) (4) Extraordinary income/ (expenses) 5,691 (1,371) 174 3,163% 4,205 6,339

% Operating income 5,611 6,891 4,528 24% 23,240 16,565 40% (3) Share of profit/(loss) from JV (45) 47 (49) (8)% 28 (173) (4) Extraordinary income/ (expenses) 5,691 (1,371) 174 3,163% 4,205 6,339 (34)% Net