Jutha Maritime Public : Determination of the subscription date and the date for payment of subscription of newly-issued ordinary shares of Bio Green Energy Tech Public Company Limited to be allocated by way of Private Placement

บริษัท ไบโอ กรีน เอ็นเนอร์ยี่ เทค จ ำกัด (มหำชน)

BIO GREEN ENERGY TECH PUBLIC COMPANY LIMITED

เลขที่ 153 มำโณทำวเวอร์ สุขุมวิท 39 (ซอยพร้อมพงษ์) ถนนสุขุมวิท แขวงคลองตันเหนือ เขตวัฒนำ กรุงเทพมหำนคร 10110

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Ref. SET 026/2565

June 21, 2022
Subject	Determination of the subscription date and the date for payment of subscription of newly-issued
	ordinary shares of Bio Green Energy Tech Public Company Limited to be allocated by way of
	Private Placement
Attention	The President
	The Stock Exchange of Thailand

Bio Green Energy Tech Public Company Limited (the "Company") would like to inform about the allotment of newly issued ordinary shares via private placement in the amount of 90,000,000 shares at the par value of THB 3.00 per share to Mr. Niti Thammajak (the "Investor"). The purpose of the offering of newly issued ordinary shares via private placement was to be used for working capital. The offering price of newly issued ordinary shares was THB 0.60 per share, which was not lower than 90 percent of the Market Price (The weighted average price is during the date of February 17, 2022 - February 25, 2022). This price was acceptable by the Investor and the Company. The offering price was as pursuant to the Notification of the Capital Market Advisory no. Tor. Jor. 72/2558 (2015) Re: Private Placement Offering Category 2 concerning offering to shareholders with specified offering price. The "Market Price" derived from 7-consecutive-business-day weighted average closing price of THB 0.55 per share prior to the date on which the Company's Board of Directors passed a resolution to propose the issue to the 2022 Annual General Meeting of Shareholders for approval of the issuance of new shares via private placement at the price of THB 0.60 per share, calculated between February 17, 2022 - February 25, 2022. In this regard, the Managing Director has appointed the date for the offering, the subscription and the payment of the newly issued ordinary shares on June 21, 2022.

Furthermore, in order to be consistent with the Notification of the Stock Exchange of Thailand Re: Rules, Conditions and Procedures Governing the Listing of Ordinary or Preference Shares Issued for Capital Increase, 2015, the Company must inform market price over 7 to 15 consecutive trading days prior the first day of payment. The Company calculated market price during the period from June 10, 2022 to June 20, 2022 (The weighted average price of the Company's shares on the Stock Exchange of Thailand over 7 to 15 consecutive trading days prior the first day of payment). Details are as follows:

บริษัท ไบโอ กรีน เอ็นเนอร์ยี่ เทค จ ำกัด (มหำชน)

BIO GREEN ENERGY TECH PUBLIC COMPANY LIMITED

เลขที่ 153 มำโณทำวเวอร์ สุขุมวิท 39 (ซอยพร้อมพงษ์) ถนนสุขุมวิท แขวงคลองตันเหนือ เขตวัฒนำ กรุงเทพมหำนคร 10110

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		Date	Trading Volume (shares)	Trading Value (THB)
1		June 10, 2022	24,284,400	32,421,711
2		June 13, 2022	47,458,600	60,012,784
3		June 14, 2022	26,404,700	32,835,428
4		June 15, 2022	48,300,900	60,535,579
5		June 16, 2022	50,930,300	62,876,175
6		June 17, 2022	37,270,000	43,745,359
7		June 20, 2022	24,432,400	28,518,738
		Total	259,081,300	320,945,774
	The weighted average price for 7 consecutive business days (THB/share)	1.24
		(Total trading value divided by total trading volume)
		90% of the weighted average price for 7 consecutive business days	1.11
			(THB/share)

Since the offering price of THB 0.6 per share was lower than 90 percent of the weighted average market price, the transaction was the offering price of lower than 90 percent of the market price according to the regulation of the Stock Exchange of Thailand. Thus, silent period is specified to one year from the first day trade of the shares on the Stock Exchange of Thailand. After 6 months, the shares can be sold for 25% of the locked-up shares.

Please be informed accordingly

Sincerely yours,

Bio Green Energy Tech Public Company Limited

(Mr. Chanet Phenjati)

President

Executive Office (Company Secretary: [e-mail])