-Translation-

Ref. IR 011/2022

14 July 2022

Subject: Notification of the Resolutions of the Board of Directors Meeting No. 3/2022 regarding the Disposal of Ordinary Shares of Sabuy Technology Public Company Limited and the Acquisition of Ordinary Shares of Metro Systems Corporation Public Company Limited

To: President

The Stock Exchange of Thailand

According to the Board of Directors Meeting of T.K.S. Technologies Public Company Limited ("the Company") No. 3/2022, held on July 14, 2022 passed the resolution as follow:

1. Approved the sales of ordinary shares of Sabuy Technology Public Company Limited ("SABUY") in

the amount of 2 5 ,0 0 0 ,0 0 0 shares, representing 1 . 7 5 % of the total paid-up shares of SABUY, to Ms. Paranya Rujanapornpajee at a price 18.01 Baht per share and the total value of the transaction is 450,250,000 Baht. After the sales of SABUY shares, the Company will remain shares in SABUY 5.94 percent of the total paid-up shares of

SABUY.

The sales of SABUY's ordinary shares has a transaction size of 6 . 3 4 percent according to the total value of consideration criterion calculated based on the Company's latest consolidated financial statements for the three-month period ended 31 March 2022. and there are no other asset disposal transactions that the Company and/or its subsidiaries have entered into in the six months prior to the date on which the Board of Directors of the Company resolved to approve to this asset disposal transaction. However, the size of the transaction is not subject to the need to report information According to the announcement of the acquisition or disposition of significant assets in accordance with the regulations of the SEC and Securities and Exchange Commission of Thailand. And this transaction is not classified as a connected transaction in accordance with the Capital Market Supervisory Board No. TorJor. 2 1 / 2 5 5 1 Re: Rules for Connected Transactions (and as amended) and the Notification of the Board of Governors of the Stock Exchange of Thailand Re: Disclosure of Information and Other Acts of Listed Companies Concerning the Connected Transactions (and as amended).

The Board of Directors has authorized the Chief Executive Officer to sign the purchase and sale agreement with the date and method of the transaction.

2. Approved the purchase ordinary shares of Metro Systems Corporation Public Company Limited ("MSC") in the amount of 32,400,000 shares, or equal to 9.00 percent of the total paid-up shares of MSC, from Ms. Paranya Rujanapornpajee at a price 12.50 Baht per share, and the total value of the transaction is 405,000,000 Baht,. Such transaction will expand the Company's portfolio investment to potential growth businesses like fully integrated IT solutions and services through turnkey sales, including consultation, system designs, installation and maintenance, as well as training and sales of office supplies in order to cover all customers' requirements with global leading brands. The foregoing has been corresponding to the new vision of the Company as part of Tech Ecosystem Builder.

The MSC share Purchase has a transaction value equivalent to 6.41 percent according to the total value of consideration criterion calculated based on the Company's latest reviewed consolidated financial statements for the three-month period ended 31 March 2022 and there are no other asset acquisition transactions that the Company and/or its subsidiaries have entered into in the six months prior to the date on which the Board of Directors of the Company resolved to approve to this asset acquisition transaction. However, the size of the transaction is not subject to the need to report information According to the announcement of the acquisition or disposition of significant assets in accordance with the regulations of the SEC and Securities and Exchange Commission of Thailand. And this transaction is not classified as a connected transaction in accordance with the Capital Market Supervisory Board No. TorJor. 21/2551 Re: Rules for Connected Transactions (and as amended) and the Notification of the Board of Governors of the Stock Exchange of Thailand Re: Disclosure of Information and Other Acts of Listed Companies Concerning the Connected Transactions (and as amended).

The Board of Directors has authorized the Chief Executive Officer to sign the purchase and sale agreement with the date and method of the transaction.

Please be informed accordingly,

Sincerely yours,

T.K.S. Technologies Public Company Limited

(Mr.Jutiphan Mongkolsuthree)

Chief Executive Officer

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TKS Technologies pcl published this content on 15 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 July 2022 01:53:09 UTC.