Eureka Design Public : Notification of conversion price calculation of the convertible debentures (Modify the convertible price of the convertible bond)

Eureka Design Public Co., Ltd. 19 Moo 11 Tambon Ladsawai, Amphur Lamlukka, Pathumthani 12150, Thailand, www.eurekadesign.co.th Tel: [phone](Auto 11 Lines) Fax: [phone]

No. ED-MD2022-0017

	July 21, 2022
Subject
Notification of conversion price calculation of the convertible debentures	(Revised)
Dear	The president
	Stock Exchange of Thailand

According to Eureka Design Public Company Limited ("the Company") entered into a convertible bond issuance contract and offered for selling newly issued convertible debentures of the company under the contract "convertible debentures granting the right to convert into ordinary shares of Eureka Design Public Company Limited No. 2/2022, maturity in 2025, unsubordinated and unsecured" to Advance Opportunities Fund ("AOF") and Advance Opportunities Fund 1 ("AOF1"), collectively referred to as "Convertible Bondholders". On July 18, 2022 and July 21,2022, the debenture holders have exercised the conversion with the details as follows:

			Balance of
The Company's	Number of	convertible	Exercise the right	Remaining
long-term	convertible	debentures before	to convert this	debentures after
convertible	bonds (units)	this exercise	time (unit)	conversion (units)
debentures			(units)
	AOF	AOF1	AOF	AOF1	AOF	AOF1	AOF	AOF1
NO. 1/2022	15,000	30,000	-	30,000	-	-	-	30,000
NO. 2/2022	15,000	15,000	15,000	15,00	15,000	-	-	15,000
TOTAL	75,000	60,000	15,000	45,000
On July 18, 2022

• AOF 1 does not notify the right to convert "Convertible debentures granting the right to convert into ordinary shares of Eureka Design Public Company Limited No. 2/2022, due in 2025, unsubordinated and unsecured."

Eureka Design Public Co., Ltd.

19 Moo 11 Tambon Ladsawai, Amphur Lamlukka, Pathumthani 12150, Thailand, www.eurekadesign.co.th Tel: [phone] (Auto 11 Lines) Fax: [phone]

• AOF notified the right to convert "Convertible debentures granting the right to convert into ordinary shares of Eureka Design Public Company Limited No. 2/2022, due in 2025, unsubordinated and unsecured" amount 5,000 units (5 million baht) to 3,831,417ordinary shares
• The conversion price of AOF is equal to 1.305baht per share, which is considered a conversion price that is not lower than 90% of the market price. The market price is calculated from the weighted average price of the company's shares in the stock exchange of Thailand for the past 7-15 business days

The weighted average price of the Company's shares for the past 7 business days is as follows:

DATE	Volume (k.Shares)						Value (M.Baht)
July 15, 2022				3837										5.417555
July 14, 2022			3033.7									4.307279
July 12, 2022		15984.5							22.634563
July 11, 2022		8721									13.002396
July 08, 2022		3636.8								5.356293
July 07, 2022		4238.4								6.339802
July 06, 2022		2781.4								4.004359
TOTAL			42232.8							61.062247
Note: Data is from setsmart.com
Weighted average market price for 7 business days (Baht/Share)	=	share turnover / trading volume
										=	1.45
90% of the weighted average market price (Baht/Share)
	=	1.305

The convertible price as of July 18, 2022, 1.305baht per share, is not lower than 90 percent of the market price. Therefore, it does not meet the conditions for prohibiting the sale of shares within 1 year from the date of receiving the convertible securities (Silent Period) according to Notification of the Stock Exchange of Thailand Subject Rules, Conditions and Procedures for governing the listing of ordinary shares or preferred shares issued for capital increase It is a registered securities B.E. 2558 (2015). The convertible debenture holder will receive shares arising from the conversion on July 18, 2022, amounting to 3,831,417shares, remaining shares to support the conversion, amounting to 348,796,781shares.

Eureka Design Public Co., Ltd.

19 Moo 11 Tambon Ladsawai, Amphur Lamlukka, Pathumthani 12150, Thailand, www.eurekadesign.co.th Tel: [phone] (Auto 11 Lines) Fax: [phone]

On July 21, 2022

• AOF 1 does not notify the right to convert "Convertible debentures granting the right to convert into ordinary shares of Eureka Design Public Company Limited No. 2/2022, due in 2025, unsubordinated and unsecured."
• AOF notified the right to convert "Convertible debentures granting the right to convert into ordinary shares of Eureka Design Public Company Limited No. 2/2022, due in 2025, unsubordinated and unsecured" amount 10,000 units (10 million baht) to 7,077,140ordinary shares
• The conversion price of AOF is equal to 1.413baht per share, which is considered a conversion price that is not lower than 90% of the market price. The market price is calculated from the weighted average price of the company's shares in the stock exchange of Thailand for the past 7-15 business days

The weighted average price of the Company's shares for the past 14 business days is as follows:

DATE
Volume (k.Shares)	Value (M.Baht)
July 20, 2022			45642.8						71.039356
July 19, 2022		146068.2				235.762292
July 18, 2022		6622.4						9.570027
July 15, 2022		3837							5.417555
July 14, 2022		3033.7						4.307279
July 12, 2022		15984.5					22.634563
July 11, 2022		8721							13.002396
July 08, 2022		3636.8						5.356293
July 07, 2022		4238.4						6.339802
July 06, 2022		2781.4						4.004359
July 05, 2022		5536.1						8.078338
July 04, 2022		2368.5						3.58745
July 01, 2022		2941							4.503879
June 30, 2022		2290.6						3.534968
TOTAL			253702.4				397.138557

Note: Data is from setsmart.com

Eureka Design Public Co., Ltd.

19 Moo 11 Tambon Ladsawai, Amphur Lamlukka, Pathumthani 12150, Thailand, www.eurekadesign.co.th Tel: [phone] (Auto 11 Lines) Fax: [phone]

Weighted average market price for 14 business days (Baht/Share)

90% of the weighted average market price (Baht/Share)

• share turnover / trading volume
• 1.57
• 1.413

The convertible price as of July 21, 2022, 1.413baht per share, is not lower than 90 percent of the market price. Therefore, it does not meet the conditions for prohibiting the sale of shares within 1 year from the date of receiving the convertible securities (Silent Period) according to Notification of the Stock Exchange of Thailand Subject Rules, Conditions and Procedures for governing the listing of ordinary shares or preferred shares issued for capital increase It is a registered securities B.E. 2558 (2015). The convertible debenture holder will receive shares arising from the conversion on July 21, 2022, amounting to 7,077,140shares, remaining shares to support the conversion, amounting to 345,551,058shares.

Please be informed accordingly.

Yours sincerely,

(Miss. Sunisa Jirawuttikul)

Chief Executive Officer/Director

company secretary department

phone. [phone] (Mr.Piyapot Keawjamlong) Company Secretary