BYD : XD Adjustment Procedure for BYDC41C2209A, BYDC41C2209B, BYDC41P2209A and BYDC41P2209B

	(Unofficial English Translation)
EDG 004/2022
	9 June 2022
Subject	XD Adjustment Procedure for BYDC41C2209A, BYDC41C2209B, BYDC41P2209A
	and BYDC41P2209B
Attention	President
	The Stock Exchange of Thailand

With reference to BYD Company Limited (H Shares) (1211) ("BYDCOM") announcements with respect to its plan to pay special cash dividend at the rate of CNY 0.105 per ordinary share and set the ex- dividend date (XD) on 13 June 2022. For the calculation of dividend payment per share in HKD, BYDCOM is yet to announce the CNY/HKD exchange rate up til the present.

Per abovementioned announcement of BYDCOM, JPMorgan Securities (Thailand) Limited ("Issuer"), the Issuer of DW on BYDCOM shares would like to inform you of XD adjustment for DWs BYDC41C2209A, BYDC41C2209B, BYDC41P2209A and BYDC41P2209B which will be effective on

13 June 2022 as follows:

Scenario 1 in case BYDCOM or the affiliate of the Issuer in Hong Kong who issue DW on the same underlying quotes the exchange rate for calculation of dividend payment or provides dividend amount in HKD before 13 June 2022, the Issuer will adjust based on Terms and Conditions clause 1.4 (C) using CNY/HKD exchange rate or dividend amount in HKD provided by BYDCOM or the affiliate of the Issuer in Hong Kong who issue DW on the same underlying.

Scenario 2 in case BYDCOM does not quote the exchange rate or provide dividend amount in HKD before 13 June 2022, the Issuer will adjust based on Terms and Conditions clause 1.4 (G) an event which causes the DW Holders to lose the rights and benefits that they are entitled to, and such event is not included under Clause 1.4 (A) to (E) of Part 3.1 of these Terms and Conditions, using the following calculation:.

Exercise price is as follows:
PRICE 1 =	PRICE 0 x (S − D)
S

Exercise ratio per unit is as follows.

RATIO 1 =

Where

PRICE 1

PRICE 0

RATIO 1

RATIO 0

RATIO 0 x S

S − D

• exercise price after adjustment of exercise
• exercise price prior to adjustment of exercise
• exercise ratio per unit after adjustment of exercise
• exercise ratio per unit prior to adjustment of exercise

S	=	closing price of underlying securities on the last Business Day of
		the Exchange of Underlying Securities prior to the ex-entitlement
		date.
D	=	dividend per share payable to the shareholders in HKD
		calculated from the rate of exchange between CNY and HKD
		(expressed as the number of units of Hong Kong Dollars (HKD)
		per 1 unit of Renminbi (CNY)) at or about 15.00 hrs (BKK time)
		on 13 June 2022 as determined by the Issuer by reference to the
		mid quote as per the rate "CNYHKD" on Bloomberg page BFIX.
		If such screen rate is not available for any reasons at such time on
		such date, the Issuer shall determine the exchange rate in a
		commercially reasonable manner, the rate of which shall be
		further announced by the Issuer

Please be informed accordingly.

Yours faithfully,

__________________________

(Mr. Tosapol Kerdphol)

Assistant Director of

Listed Structured Products