Organization Chart
At 31 December, 2023
Structure of Shareholders

1.

The shares are held by Dr. Prateep Tangmatitham and the persons pursuant to Section 258 of the Securities and Exchange Act B.E. 2535 (1992).

2.

Mr. Chuan Tangmatitham who is Dr. Prateep Tangmatitham’s elder brother and Mrs. Anchan Tangmatitham, Mr.Chuan Tangmatitham's wife hold shares in an aggregate number of 3.15% of the paid-up capital. The other shareholders are natural persons who are not related to the group of Dr. Prateep Tangmatitham.

3.

Mr. Chuan Tangmatitham who is Dr. Prateep Tangmatitham’s elder brother and Mrs. Anchan Tangmatitham, Mr. Chuan Tangmatitham's wife hold shares in an aggregate number of 4.65% of the paid-up capital. The other shareholders are natural persons who are not related to the group of Dr. Prateep Tangmatitham.

As of 07 March, 2024

Name of Shareholders

Shareholding Proportion

Number of Shares

Percentage

1.TANGMATITHAM FAMILY1

701,176,705

35.91

2.THAI NVDR COMPANY LIMITED

205,345,797

10.51

3.SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED

53,581,326

2.74

4.STATE STREET BANK AND TRUST COMPANY

37,224,196

1.91

5.STATE STREET EUROPE LIMITED

28,199,793

1.44

6.NORTRUST NOMINEES LIMITED-NTC-CLIENTS ACCOUNT

27,564,696

1.41

7.SOCIAL SECURITY OFFICE

27,473,425

1.41

8.BBHISL NOMINEES LIMITED

21,179,600

1.08

9.BNY MELLON NOMINEES LIMITED

20,831,128

1.07

10.BANK OF AYUDHYA PUBLIC COMPANY LIMITED

19,880,800

1.02

Total Top 10 Shareholders

1,142,457,466

58.50

Others

810,596,564

41.50

Total

1,953,054,030

100.00

1

The group of Mr.Prateep Tangmatitham and related persons pursuant to Section 258 of the Securities and Exchange
Act (B.E. 2535) (1992) consists of 1) Mr.Prateep Tangmatitham 2) Mrs.Ajchara Tangmatitham holding 577,242,855
shares and 123,933,850 shares, or 29.56% and 6.35% respectively.

Policy on Dividend Payment of the Company and the subsidiaries

For sustainable growth, the Company has set divided policy to be not less than 35 percent of net income after tax of the separate financial statements. However, in case the Company still suffers accumulated loss, it will be not able to pay dividend as specified in its Articles of Association. In addition, subject to the Company’s regulation on rights and duties of the debenture issuer, the Company can pay dividend in the amount of not more than 60% of the net profit of such particular year.

Nevertheless, the Board of Directors may pay interim dividend to shareholders from time to time if deemed appropriate that the Company’s profit is sufficient to do so, and report to the subsequent meeting of shareholders for acknowledgement. Nevertheless, the Company has set up condition in maintaining the conditions for making dividend payment according to the Loan Agreement, that is, the Company shall not pay dividend, be it interim or annual dividend, or distribute any benefit or remuneration to any or all shareholders by any means or method unless all of the following events take place in a complete manner:

1.
the Company has not breached the Loan Agreement and
2.
the Company has presented the evidence for consideration by the creditors and is of the opinion that in the year in which any dividend and/or benefit and/ or remuneration shall be paid, the Company has provided reserve in a sufficient amount to fully pay all the interest and principal due in the year in which any dividend and/or benefit and/or remuneration shall be paid.

For the subsidiaries, there is no certain policy regarding dividend payment, it depends on the operational result of each company each year.