PROSPECTUS CHANEL CERES PLC (incorporated with limited liability in England and Wales) EUR300,000,000 Sustainability-Linked Guaranteed Notes due 2026 unconditionally and irrevocably guaranteed by

of debt repayment under the bonds upon any occurrence of the following events: )1( the issuer is subject to the court’s receiving order or declared by the court as insolvent entity; or )2( the issuer

bonds being offered for sale; (2) guarantor rating only in the case where the bond is fully guaranteed and the guarantor is obliged to liabilities jointly with the debtor without revocability before the

subject to the court’s receiving order or declared by the court as insolvent entity; (2) the issuer is under a liquidation process for dissolution; (3) any other case approved by the SEC Office. Clause 32

bonds upon any occurrence of the following events: (1) the Thai government agencies are subject to the court’s receiving order or declared by the court as insolvent entity; (2) the Thai government

10,000,000 Debentures No. 9/2018, Class 1 PP-10 21 Dec 18 20 Dec 19 10,000,000 Debentures No. 9/2018, Class 2 PP-10 27 Dec 18 26 Dec 19 30,000,000 Guaranteed Debentures No.1 / 2018 II&HNW 6 Jul 18 6 Jul 20

investment; (2) bonds or debt instruments issued or guaranteed by foreign governments, foreign government agencies, or international organizations; (3) bonds or debt instruments issued or guaranteed by state

year due to receiving payment from customers of 87.66 million Baht, cash and deposit guaranteed 18.15 million Baht, depreciation of assets 16.29 million Baht and inventories increased by 25.12 million

investment period can be specified) (d) What are the factors that would have a significant impact on the investment of investors? (e) Is this a guaranteed mutual fund, a guaranteed capital and return mutual

having any of the following characteristics shall be deemed to have untrustworthy characteristics: 2 (1) being an insolvent person, an incompetent or a quasi-incompetent person; (2) being banned from