VGI Public: No Adjustment of the exercise price and/or Warrant ratio of the Newly Issued Ordinary Shares of VGI Public Company Limited No. 2 (VGI-W2) and No.3 (VGI-W3) following of the Dividend payment

Big title:Newly issued ordinary shares of VGI Public Company Limited No. 2 (VGI-W2) and No. 3 (VGI-W3) following the payment of the dividend

Matter

No good setting

Symbol

VGI-W2

The full name of the mandate

Mandate of VGI PUBLIC COMPANY LIMITED No. 2

The reason for the lack of adjustment

The Company will not adjust the exercise price and the exercise

ratio because the event does not conform to the adjustment

conditions since the Company declared to pay dividends to its

shareholders for the 2021/22 financial year ended March 31

2022 in an amount not exceeding THB 396.09 million

equivalent to 82% of the net profit of the Company after

corporate tax according to the Company’s autonomous regime

financial statements that are not yet in the

criteria under Clause 5(e) of the Terms and Conditions

Governing the rights and obligations of the Issuer and

Holders of Newly Issued Equity Warrants

Ordinary shares of VGI Public Company Limited No. 2

(VGI-W2) (the “Terms and Conditions”), states that the

The company is required to adjust the exercise price and/or the ratio

BSA VGI-W2 when the distribution rate

exceeds 90% of the Company’s net profit after

corporate tax according to the Company’s autonomous regime

financial statements for any fiscal year.

Signature

________________________________ ________________________________

(Mr. Marut Arthakaivalvatee)

(Mr Chan Kin Tak)

Director

Persons Authorized to Disclose

Information

Straight adjustment / No straight adjustment