Chai Watana Tannery Group Public Co., Ltd.SET: CWT

Notification of the capital increase in the Company's indirect subsidiary

· Issued by Chai Watana Tannery Group Public Co., Ltd.

บริษัท ชัยวัฒนา แทนเนอรี่กรุ๊ป จากัด (มหาชน)

176/1,1480 หมู่ที่1 ถนนสุขุมวิท ต ำบลท้ำยบ้ำน อ ำเภอเมืองสมุทรปรำกำร จังหวัดสมุทรปรำกำร10280 โทร +66 (0) 2 703 6598-9 , +66 (0) 2 703 7880-1

CWT 9/2022

June 13, 2022

Subject

Notification of the capital increase in the Company's indirect subsidiary

To

President

The Stock Exchange of Thailand

Chai Watana Tannery Group Public Company Limited ("the Company") would like to announce the increase in

registered shares of Green Power 1 Company Limited ( " GP1" or " the Indirect Subsidiary" ) as Chai Watana Green Company Limited ( " CWTG" ) , which is the subsidiary of the company, held 100% registered shares. GP1 increased registered capital from Baht 50,000,000 to Baht 100,000,000 from existing shareholders proportionately as follows:

Before Increase

After Increase

Registered Capital

Baht 50,000,000 divided into 5,000,000 ordinary shares

Baht 100,000,000 divided into 10,000,000 ordinary

at a price per share of Baht 10

shares at a price per share of Baht 10

Date of Transaction

Within June 2022

Source of Funds

Working Capital

Objective

To maintain existing shareholding proportion and increase income of the company as the

company will manage the project potentially and beneficially to shareholders and the company

Item size

The said transaction is an increase of capital according to the existing shareholding proportion.

Which does not meet the requirements to comply with the requirements regarding the

acquisition or disposition of significant assets according to the requirements of the Capital

Market Supervisory Board and the Stock Exchange of Thailand in any way

Please be informed accordingly,

Best regards,

Chai Watana Tannery Group Public Company Limited

……………………………………………

(Mr. Weerapon Chaiteerath)

Managing Director

Publisher/editor ……………………

Chai Watana Tannery Group Public Co.,Ltd.

Head Office : 176/1,1480 Moo 1, Sukhumvit Rd., Km 30, Tai Ban, Muang, Samutprakarn 10280 Thailand.

Office Phraesa : 420/1 Moo 6 , Buddharuksa Rd., Phraeksa, Muang, Samutprakarn 10280 Thailand.

Tel : + 66 (0) 2 703 7880-1

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