To more efficiently comply with Section 246 and 258 of the SEC Act and to prevent takeovers, NVDR holders
have to report the acquisition or disposal of their NVDRs to Thai NVDR, the same as applies in reporting
underlying shares acquisition or disposal.
When the aggregate total, for either acquisition or disposal, of both NVDRs and theirs underlying shares held
by the given investor and related person reaches any multiple of 5% of the total number of voting rights of such
business, the NVDR holder must report this to Thai NVDR. Subsequently, the company will disclose this
information publicly. If the NVDR holder does not report as required, Thai NVDR will fine the holder as
specified in the SEC Act.
When the aggregate total, for either acquisition or disposal, of both NVDRs and theirs underlying shares held
by the given investor and related person acquire 25% or more of the total number of voting rights of such
business, Thai NVDR will buy back the excess number of NVDRs.