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15 Oct 2021 12:49:00
Report on the results of the Exercise of convertible debentures (F53-5) 2/2
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                Report on the result of exercise of other convertible securities (F53-5)
Report date of securities allocation     : 15-Oct-2021

Exercised securities

Convertible debentures

   Common shares
      Name of Convertible debentures     : Cho Thavee Public Company Limited's 
long-term convertible debentures no.11/2021 due 2024
      Number of conversed convertible    : 5,000
debentures (shares)
      Number of non conversed            : 5,000
convertible debentures (shares)
      Ratio (Convertible debentures :    : 1 : 1,207.7294
      Conversion Price (baht/share)      : 0.8280
      Exercise Date                      : From 11-Oct-2021  To 11-Oct-2021
      Number of shares derived from      : 6,038,647
conversion (shares)
      Number of remaining shares         : 77,499,612
reserved (shares)

Remark                                   :
The convertible debenture holders who have exercise: Advance Opportunities Fund 
 amount 5,000 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 is between September 30, 2021 to October 8, 2021. The
weighted average price is 0.92 Baht per share with 90% of the weighted average
price equal to 0.8280 baht per share, then the conversion price is 0.8280 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 Convertible Debentures
as follows No. 11/2021 Issuance and offering of Convertible Debentures on
October 11, 2021 at the amount of 10.0 million Baht (10,000 units). The balance
of convertible debentures no. 11/2021 which are not exercised at the amount of
10.0 million Baht (10,000 units) on October 11, 2021, the convertible debenture
holders have exercised their conversion rights at the amount of 5.0 million Baht
(5,000 units). As a result, there are convertible debentures No. 11/2021 that
have not been exercised in the amount of 5.0 million baht (5,000 units).
Authorized to sign on behalf of the      : Mr. Suradech Taweesaengsakulthai
Position                                 : Director

Ms. Asana Taweesangsakulthai

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of the information and related documents of listed company or issuer to the
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