Kang Yong Electric Public : Notification of the resolutions of the 2022 Annual General Meeting of Shareholders

M.D. 098/2022

July 26, 2022

Subject	:	Notification of the resolutions of the 2022 Annual General Meeting of Shareholders
Dear	:	President of the Stock Exchange of Thailand

The 2022 Annual General Meeting of Shareholders of Kang Yong Electric Public Company Limited (the "Company") was held on July 26, 2022, at 02:00 p.m. in the form of electronic meeting (E-AGM) only one format with the place to control the meeting system and the broadcast live at meeting room 121, Kang Yong Electric Public Company Limited, located at 67 Moo 11, Debaratna Road Km . 20, Bangchalong, Bangplee, Samutprakarn 10540. The Company would like to inform the resolutions of the meeting as follows:

1. Approved the minutes of the 2021 Annual General Meeting of Shareholders for the fiscal year 2020, held on Thursday July 22, 2021. The voting results were as follows:

Shareholders voting	No. of Votes	%
Approve	15,110,271	100.0000
Disapprove	0	0.0000
Abstain	276	-

(Remark: Resolution on this agenda item must be approved with the majority of the votes of the shareholders attending the meeting and casting their votes.)

2. Acknowledged the Company's operational result for the year 2021

3. Approved the Company's financial statement 2021 for the year ended March 31, 2022, which has been audited by Certified Public Accountant and the auditor 's report. The voting results were as follows:

Shareholders voting	No. of Votes	%
Approve	15,110,271	100.0000
Disapprove	0	0.0000
Abstain	276	-

(Remark: Resolution on this agenda item must be approved with the majority of the votes of the shareholders attending the meeting and casting their votes.)

4. Approved the dividend payment from the Company's net profit for the fiscal year at the rate of 8.55 baht per share and the date for determining the list of the shareholders who shall be entitled to receive the dividend (Record Date) shall be on Thursday August 4, 2022 and the payment date of the dividend is scheduled to be on Monday August 22, 2022.

The shareholders who receive dividends will entitlement to tax credit of 20%. The approval of this agenda was made by a majority vote of the shareholders attending the meeting and casting their votes, which the voting results were as follows:

Shareholders voting	No. of Votes	%
Approve	15,110,171	99.9982
Disapprove	276	0.0018
Abstain	100	-

(Remark: Resolution on this agenda item must be approved with the majority of the votes of the shareholders attending the meeting and casting their votes.)

5. Approved the re-election of the following directors who retire by rotation to be directors for another term. The voting results were as follows:

5.1 Mr. Keiji Oya, Director

Shareholders voting		No. of Votes	%
Approve		15,091,341	99.8741
Disapprove		19,030	0.1259
Abstain		276	-
5.2 Mr. Manu Leopairote,	Independent Director
Shareholders voting		No. of Votes	%
Approve		15,091,341	99.8741
Disapprove		19,030	0.1259
Abstain		276	-
5.3 Mr. Praphon Potivorakun,	Director
Shareholders voting		No. of Votes	%
Approve		15,091,341	99.8741
Disapprove		19,030	0.1259
Abstain		276	-
5.4 Mr. Osamu Sugimoto,	Director
Shareholders voting		No. of Votes	%
Approve		15,091,341	99.8747
Disapprove		18,930	0.1253
Abstain		376	-
5.5 Mr. Hitoshi Maruyama,	Director
Shareholders voting		No. of Votes	%
Approve	15,091,341	99.8741
Disapprove	19,030	0.1259
Abstain	276	-

(Remark: Resolution on this agenda item must be approved with the majority of the votes of the shareholders attending the meeting and casting their votes . However, a director being a shareholder of the Company abstained this agenda item.)

6. Approved the directors' remuneration for the fiscal year 2022, in the form of monthly retainer fee and meeting allowance for the Board of directors and Board committees at the same rate as 2021 within a limit of 6,500,000 baht. The voting results were as follows:

Shareholders voting	No. of Votes	%
Approve	15,110,271	99.9982
Disapprove	276	0.0018
Abstain	100	-

(Remark: Resolution on this agenda item must be approved with the two -thirds of the votes of the shareholders attending the meeting and casting their votes . However, a director being a shareholder of the Company abstained this agenda item.)

7. Approved the appointment Ms. Sophit Prompol Registration No. 10042 or Ms. Pornthip Rimdusit Registration No. 5565 or Ms. Kanokorn Phooripanyawanit Registration No. 10512 of KPMG Phoomchai Audit Ltd., to be the Company's auditor for the year 2022 with total remuneration of 1,474,000 baht. The voting results were as follows:

Shareholders voting	No. of Votes	%
Approve	15,110,271	99.9975
Disapprove	376	0.0025
Abstain	0	-

(Remark: Resolution on this agenda item must be approved with the majority of the votes of the shareholders attending the meeting and casting their votes.)

Yours Sincerely,

Keiji Oya

Vice Chairman of the Board of Directors

Corporate Strategic Planning Office Tel. [phone] ext. 1150