Report on the result of exercise of other convertible securities (F53-5)
Report date of securities allocation     : 11-Jul-2023

Exercised securities



Convertible debentures

   Common shares
      Name of Convertible debentures     : Cho Thavee Public Company Limited's 
long-term convertible debentures August 24, 2022 no.24 due 2025
      Number of conversed convertible    : 2,500
debentures (shares)
      Number of non conversed            : 7,500
convertible debentures (shares)
      Ratio (Convertible debentures :    : 1 : 7,938.9076
shares)
      Conversion Price (baht/share)      : 0.126
      Exercise Date                      : From 10-Jul-2023  To 10-Jul-2023
      Number of shares derived from      : 19,841,269
conversion (shares) (Update)
      Number of remaining shares         : 445,494,830
reserved (shares) (Update)



Remark                                   :
The convertible debenture holders who have exercise: Advance Opportunities Fund 
amount 2,500 units.
Conversion Ratio: Principle amount of the Convertible Debentures divided by the 
conversion price.
Conversion price: 90.00 percent of market price of the company's share on the 
Stock Exchange of Thailand for the past 7-15 consecutive business days before
the conversion date between June 26, 2023 to July 7, 2023. The weighted average
price is 0.14 Baht per share with 90% of the weighted average price equal to
0.126 baht per share, then the conversion price is 0.126 Baht per share which is
not less than 90.00 percent weighted average price. Therefore, it does not meet
the criteria that prohibit the convertible debenture holders from selling the
newly issued ordinary shares within one year from the date that the convertible
debenture holders received the convertible securities (Silent Period). However,
the weighted average price calculated from closing price or weighted average
price by trading volume in each business day (Floating Conversion Price). The
company has issued and offered of Cho Thavee Public Company Limited's long-term
convertible debentures August 24, 2022 no.24 due 2025 on June 16, 2023 at amount
of 10 million Baht (10,000 units). The balance of convertible debentures which
are not exercised at the amount of 10.00 million Baht (10,000 units). July 10,
2023, the convertible debenture holders have exercised their conversion rights
at the amount of 2.50 million Baht (2,500 units). As a result, there are the
convertible
Authorized to sign on behalf of the      : Mr. Suradech Taweesaengsakulthai
company
Position                                 : Director

Ms. Asana Taweesangsakulthai
Director

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