Investor • “...the 2013 Nobel Prize committee split the prize between the two camps [of rational, risk-based, efficient markets versus behavioral, irrational, and inefficient markets]” – Asness et al. (2015

rational and consistent with similar transactions Costs that do not meet the definition of “incremental costs directly attributable” are expensed as incurred (e.g., listing fee, roadshow costs, tax

individual has made. 6. Behavioural biases related to investing • Aware that investors may not always make rational decisions due to biases. • Provide examples of common emotional or cognitive biases that may

”). Enclosure 3.3 Rational and background of the transaction As the conglomerate has a new business plan of 100% battery electric vehicle business, Rich Asia Industry Co., Ltd. (Subsidiary) will be the

BSBM: BANGSAPHAN BARMILL PUBLIC COMPANY LIMITED BUI: BANGKOK UNION INSURANCE PUBLIC COMPANY LIMITED CBG: CARABAO GROUP PUBLIC COMPANY LIMITED CIMBT: CIMB THAI BANK PUBLIC COMPANY LIMITED GC: GLOBAL

amended documents Topic Summary of amendment and rational Information Memorandum on the Offering of Newly Issued Ordinary Shares to Specific Investors (Private Placement) at the Offering Price with a

สมบัติ พานิชชีวะ 290,000,000 7.13 5. CGS-CIMB Securities (Singapore) Pte., Ltd. 288,737,800 7.10 6. MR. SUTHICHAI SAEYOON 212,878,542 5.23 7. กองทุน GENERAL INSURANCE FUND 141,400,000 3.48 8. DOW JONES

such transaction to the SET. 3.3 Rational and background of the transaction Rich Asia Corporation Public Company Limited (“the Company”) has the debtor which is Rich Asia Industry Company Limited

) benefits the Company as Planet’s shareholder and the Company; (2) is under the rational condition; and that (3) the investment value of Baht 1,456.31 million is reasonable, as it can support the Company’s

transaction, and has an opinion that the entering into the transaction (1) benefits the Company as Planet’s shareholder and the Company; (2) is under the rational condition; and that (3) the investment value of