Section 112 Securities and Exchange Act B.E. 2535 Section 112. In operating the business of securities brokerage, a securities company shall enter into a written agreement with the customers who

1 -Translation- No. ECF2 046/2562 24 December 2019 Subject: Report of Resolution of Board of Directors' Meeting Re: (1) Disposal of Rights under Loan Agreement, Pledge Agreement and Memorandum of

follows: 1. Approved the entering into two transactions with connected persons which can be summarized as follows: 1.1 Approved the entering into the Master Service Agreement between S Hotels and Resorts

Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Calling the Extraordinary General Meeting of Shareholders No. 2/2019 (Amended No.2) To The President The Stock

management of the private fund, using knowledge and competence as a professional. The securities company shall enter into a written agreement with a person or a group of persons who has authorized the

Section 104 Securities and Exchange Act B.E. 2535 Section 104. A securities company shall appoint directors or managers or enter into an agreement with other persons, giving the power, either in

Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Calling the Extraordinary General Meeting of Shareholders No. 2/2019 (amended) To The President The Stock

17,110,110.28 Defered interest expenses (1,738,338.69) (3,547,660.03) (154,691.88) (688,410.89) Present value of liabilities under financial leases agreement 26,498,032.01 48,403,067.71 6,050,398.99 16,421,699.39

Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Calling the Extraordinary General Meeting of Shareholders No. 2/2019 To The President The Stock Exchange of

resolution of the Board of Director Meeting No. 1/2019, held on February 25th, 2019 of Hwa Fong Rubber (Thailand) Public Company Limited. that approved renew the Technical Cooperation Agreement between Hwa