Cal Comp Electronics Thailand Public : Interim Dividend Payment Announcement and Related Party Transaction

No. CC20220807ELE

August 10, 2022

Subject	Report of the Resolutions of Board of Directors' Meeting No.4/2022
To	President
	The Stock Exchange of Thailand

The Board of Directors' meeting of Cal-Comp Electronics (Thailand) Public Company Limited (the "Company") No. 4/2022 held on August 10, 2022 passed the following resolutions:

1. The Board of Directors approved the declaration of interim dividend payment for the first half of the year ending June 30, 2022 to shareholders of the Company for Baht 0.02 per share. The total number of outstanding shares entitled to the dividend is 5,385,202,917 shares and the total dividend amount is Baht 107,704,058.34.
   The record date for the shareholders who have the right to receive the interim dividend will be on August 25, 2022. The interim dividend will be paid on September 8, 2022 from the net profit that still enjoys the tax exemption for corporate income from BOI, therefore, the dividend is free for income tax.
2. The Board of Directors had approved the related transactions as following detail;

2.1 Acquisition on fixed asset

1st transaction
Partners of Contract	Seller: XYZ printing, Inc. ("XYZ")
	Buyer: Cal-Comp Electronics and Communications Co., Ltd
	("CCTP")
Type of fixed asset	Infrared Thermometer (Pyrometer) equipment
	Average 3 years of lifetime and 1.92 of used year
Transaction date	May 2022
Transaction amount	NTD 35,211 or approximately Baht 41,538.42
Pricing policy	At Book value (transaction amount) and near market value
Payment term	By cash with 90 days of credit term
The reason	CCTP has purchased Infrared Thermometer (Pyrometer)
	equipment from XYZ printing, Inc. for research and testing
	purpose.

The total transaction size of acquisition on fixed assets is NTD 35,211 (Approximately Baht 41,538.42) which is accounted to 0.0002% under the total value of consideration criteria (maximum transaction value criteria). The transaction is categorized as small transaction, and is not required to be disclosed according to 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 Acquisition and Disposal of Assets B.E. 2547 (2004).

2st transaction
Partners of Contract	Seller: Kinpo Electronics (Philippines), lnc. ("KPPH")
	Buyer: Cal-Comp Industria e Comercio de Eletronicos e
	Informatica Ltda ("CCBR")
Type of fixed asset	Medical masks
Transaction date	May 2022
Transaction amount	USD 12,800 or approximately Baht 437,589.76
Pricing policy	At Book value (transaction amount) and near market value
Payment term	By cash with 90 days of credit term
The reason	In order to prevent the pandemic outbreak and to maintain the
	Company's ongoing operation, CCBR purchased medical facial
	mask in seeking to sustain the operation.

The total transaction size of acquisition on fixed assets is USD 12,800 (Approximately Baht 437,589.76) which is accounted to 0.003% under the total value of consideration criteria (maximum transaction value criteria). The transaction is categorized as small transaction, and is not required to be disclosed according to 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 Acquisition and Disposal of Assets B.E. 2547 (2004).

3st transaction
Partners of Contract	Seller: Kinpo Electronics (Philippines), lnc. ("KPPH")
	Buyer: Cal-Comp Electronics (Thailand) PCL. ("CCET")
Type of fixed asset	Medical masks
Transaction date	April - May 2022
Transaction amount	USD 67,500 or approximately Baht 2,307,602.25
Pricing policy	At Book value (transaction amount) and near market value
Payment term	By cash with 90 days of credit term
The reason	In order to prevent the pandemic outbreak and to maintain the
	Company's ongoing operation, CCET purchased medical facial
	mask in seeking to sustain the operation.

The total transaction size of acquisition on fixed assets is USD 67,500 (Approximately Baht 2,307,602.25) which is accounted to 0.0134% under the total value of consideration criteria (maximum transaction value criteria). The transaction is categorized as small transaction, and is not required to be disclosed according to 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 Acquisition and Disposal of Assets B.E. 2547 (2004).

Total size of disposal and acquisition on the fixed asset for related party transaction criteria

Included 3 transactions of the Company had with XYZprinting, Inc. and Kinpo Electronics (Philippines) Inc. ("KPPH"), the total transaction size is USD 81,515 (Approximately Baht 2,786,730.43 which is accounted to 0.016% of NTA as June 30, 2022.

Total size of related party transactions during the past six-month periods

Overall, total size of the related party transaction is at approximately USD 12,345,619 (Approximately Baht 409,391,589 which accounted to 2.34% of NTA during the past six-month periods.

Note: Exchange Rate

USD/Baht = 34.1867

NTD/THB = 1.1797

Details of related person of the Company and/or its subsidiary with Kinpo Electronics Inc and/or its subsidiary

- Name of related person:	Kinpo Electronics (Philippines) Inc. ("KPPH")
- Relationship:	KPPH is a subsidiary of Kinpo Electronics Inc.
	Kinpo Electronics Inc, holds 46.65% in the Company and
	holds 80.81% in Kinpo Electronics (Philippines) Inc.
	through Kinpo International (Singapore) Pte. Ltd., and
	has nominated 4 people to be directors in the Company:
	Mr. Hsu, Sheng-Hsiung, Mr. Hsu, Sheng-Chieh, Mr. Hsu,
	Chieh-Li, and Mr. Chen, Wei-Chang

-Name of related person:	XYZprinting, Inc.
-Relationship:	XYZprinting, Inc. is a jointly invested subsidiary of Kinpo
	Electronics, Inc. which holds 46.65% in the Company and
	holds 46.4% in XYZprinting, Inc., and has nominate 4
	people to be directors in the Company: Mr. Hsu, Sheng-
	Hsiung, Mr. Hsu, Sheng-Chieh, Mr. Hsu, Chieh-Li, and Mr.
	Chen, Wei-Chang
	The directors who have conflict of interest did not join and
	vote for this agenda.

Opinion of the Board of director and Audit Committee

The connected transactions of the Company are reasonable in the normal course of business due to all transactions are taking to supporting the business operation and also the terms and conditions are satisfied.

Please be informed accordingly.

Sincerely yours,

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Mr. Khongsit Choukitcharoen Managing Director