Airports of Thailand Public : Capital Increase in AOT Ground Aviation Services Company Limited

- Translation -

No. 1237918 August 2020

Subject: Capital Increase in AOT Ground Aviation Services Company Limited

To: President,

The Stock Exchange of Thailand

Airports of Thailand Public Company Limited (AOT) has entered into partnership with SAL Group (Thailand) Company Limited (SAL) to establish AOT Ground Aviation Services Company Limited (AOTGA) with an aim to provide ground equipment services at airports under AOT's supervision and completed the company registration with the Ministry of Commerce

on 10 October 2018, with registered capital of 400 million Baht, in which AOT holds a 49% stake

and SAL holds a 51% stake. Currently, AOTGA operates its services at Don Mueang International Airport. AOT would like to additionally inform that since AOTGA has been granted a permission

to provide ground equipment services at Phuket International Airport for 11 years and 10 months, from 1 December 2020 to 29 September 2032, AOTGA then necessarily requires an investment in equipment as well as other relevant actions in preparation for its operations. Therefore, the AOTGA Extraordinary General Meeting of Shareholders No. 2/2020 held on 17 August 2020 resolved to approve the increase of registered capital of AOTGA by 644 million Baht, from 400 million Baht to 1,044 million Baht in total, by issuing 6,440,000 new shares, comprising 6,182,400 ordinary shares and 257,600 preferred shares, with a par value of 100 Baht each, to offer to the existing shareholders in proportion to their respective shareholdings (Right Offering), which shall be paid in cash.

The above transaction is not classified as a connected transaction pursuant to the Notification of the Capital Market Supervisory Board No. TorJor 21/2551 Re: Rules on Connected Transactions. The size of the transaction, which is lower than 15% of total assets, also does not fall within the disclosure requirement under the Capital Market Supervisory Board No. TorJor 21/2551 Re: Disclosure of Information and Other Acts of Listed Companies Concerning Connected Transactions.

Please be informed accordingly.

Yours sincerely,

SHANALAI CHAYAKUL

Corporate Secretary

Authorized Person

The Corporate Secretary and Corporate Governance Department

Tel. [phone]

Fax. [phone]

333 ถนนเชิดวุฒากาศ สีกัน ดอนเมือง กรุงเทพฯ 10210333 Cherdwutagard Road, Srikan, Don Mueang, Bangkok 10210, Thailand WEBSITE : http://www.airportthai.co.th

โทรศัพท์: 66(0) 2535-1192	Tel	: 66(0) 2535-1192
โทรสาร : 66(0) 2535-4061	Fax	: 66(0) 2535-4061
ทะเบียนเลขที่ 0107545000292	Registration No. 0107545000292