Microsoft Word - Best Practice - Nomination Committee-print.doc Director Nomination Best Practices Thai Institute of Directors Association สมาคมสงเสริมสถาบันกรรมการบริษัทไทย 10th Floor Lake Rajada

(English translation) No. BGRIM 17/2563 17 September 2020 Subject: Information Memorandum on Asset Acquisition from Investment in the Development of 7 Combined Cycle Cogeneration Plants To: President

new plants in Petchaburi, Thailand in consider to fulfill the increased customer demand, as per the Notification of the Stock Exchange of Thailand regarding Rules, Conditions and procedures of

utilization at around 90% with conversion costs matching the first quartile plants. Accordingly IVL management believes the acquisition of balance 26% stake now will help integrate the PTIP assets with other

clause 6. 13. Opinion of the Audit Committee and/or any Director Which is Different from the Board of Directors’ Opinion - None - 14. Other material information After the Transaction and the issuance and

same business as detailed in clause 6. 13. Opinion of the Audit Committee and/or any Director Which is Different from the Board of Directors’ Opinion - None - 14. Other material information After the

used for investment and the Company also compared the assets value with other companies which operate the same business as detailed in clause 6. 10 13. Opinion of the Audit Committee and/or any Director

maintenance of power plants and other related business Shareholding structure : Name of shareholders % shareholding 1. Thai Solar Energy Public Company Limited 99.997% 2. Miss Cathleen Maleenont 0.001% 3. Mr

business : Fully integrated energy business and maintenance of power plants and other related business Shareholding structure : Current shareholding structure of TSEO Name of shareholders No. of shares

Baht 10 each) Type of business : Fully integrated energy business and maintenance of power plants and other related business Shareholding structure : Current shareholding structure of TSEO Name of