Capital Engineering Network : Notification of resolution of Board of Directors related to treasury stock

Translation

CEN 015-2022

	August 15, 2022
Subject	Notification of resolution of Board of Directors related to treasury stock
To	The Manager and President
	The Stock Exchange of Thailand
Enclosure	Disclosure of the Sale of the Repurchased Shares (Form TS-7)

Capital Engineering Network Public Company Limited ("the Company") has completed treasury stock program and subsequently notified the Stock Exchange of Thailand on July 24, 2022, as amount of treasury stock of 21,277,600 shares or 2.86 percent of total paid-up capital, totaling of 68,774,006.81 Baht.

The company would like to inform that the resolution of Board of Directors No.5-2022 help on August 15, 2022, on resale of treasury stock for a period of 3 years from October 25, 2022, to July 24, 2025.

In case, treasury stock could not be sold within the resale period, the company will decrease paid-up capital by writing off number of treasury stock which remain unsold.

Please be informed accordingly,

Sincerely yours,

-Chirdsak Kukiattinun-

(Mr. Chirdsak Kukiattinun)

Chief Executive Officer

Form TS-7

Share Resale Disclosure Form

Capital Engineering Network Public Company Limited

August 15, 2022

We Capital Engineering Network Public Company Limited, hereby notify the resolution of the board of directors, no.5-2022, held on August 15, 2022, regarding the approval on the resale of share repurchased with the details as follows:

1. Number of shares resold 21,277,600 shares or equal to 2.86% of the total of paid-up capital.
2. Procedure for shares resold
3. • on the Stock Exchange of Thailand

by Public Offering

The period for the resale of shares will be from October 25, 2022 to July 24, 2022,

(after 6 months from the completion date of share repurchase and not later than 3 years from this time)

Remarks: The company has to disclose the proposed share resale not later than

14 days prior to the date on which the shares will be resold

3. The principle used to determine the resale price.

The resale price shall not be less than 85% of the average closing price of 5 business day prior to each resale date. In the case that the company does not resell within the period specified, the company must decrease its paid-up capital by writing-off such registered repurchase share that are not offered for sale in order to be in line with the

rules, regulations and laws related thereto.

The company certifies that the information contained in this report is true and complete in all respects.

Chirdsak Kukiattinun

(Mr.Chirdsak Kukiattinun)

Chief Executive Officer

Note: Listed companies must report any resolutions of the board of directors regarding proposed projects for share repurchase on the date of the abovementioned meeting or up until 9.00 am on the following day of business via facsimile and the Exchange's ELCID.