) Challenge programme for adaptation innovation. Rationale for issuing sustainability-linked bonds In order to demonstrate its sustainability commitments and to link concretely the objectives set in CHANEL

held on 24 December 2018 has considered carefully and thoroughly. The Board of Director’s meeting has considered relevant factors prior to the approval of entering into the transaction and rationale

over-indexes in transport emissions. • Scope 2 has reduced the most, since Asia and Poland were the only markets with little to no renewable electricity. the remaining group is 100% renewable. • Scope 3

memorandum on entering into such transaction is disclosed to the SET. 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of financial liquidity and the

had income from services total amount 452.42 million baht, decreased 8.82 %, mainly caused due to revenue from domestic transport by land. Transfer operations under the operation of the company since

%, mainly caused due to revenue from domestic transport by land has been transferred to be operated under the association company since March 2016, the total revenue is decreased. The impact of the bankruptcy

268.63 million Baht, increased 24.52 %, mainly caused income in year 2018 due to the business merger of domestic transport service by land, which is a subsidiary in late 2017 and merger and manufactures

benchmarked. In addition, the KPIs’ definition, the rationale behind their selection and the calculation methodologies and perimeter of reporting are defined in the Framework and in internal documentation

million Baht, increased 16.79 %, mainly caused income in year 2018 due to the business merger of domestic transport service by land by the end of year 2018 as well as its subsidiary both in domestic and

1 Ref. No. JUTHA-10/2563 November 2, 2020 Subject: Amendment of Articles of Association, Debt to Equity Conversion Constituting a Connected Transaction, Issuance and Offering of Newly Issued Ordinary Shares to Specific Investors (Private Placement) constituting a Connected Transaction, Reduction of Registered Capital, Increase of Registered Capital, Amendment of Memorandum of Association, Waiver from the Requirement to Make the Tender Offer for all Securities of the Business by Virtue of the res...