General Engineering Public : Notification of the Amendment of Date of First Exercise of Rights, Terms of Rights, and Determination of Issuance Date of Warrants to Purchase the Newly Issued Ordinary Shares of General Engineering Public Company Limited No. 5 (GEL-W5)

GEL.CS.010/2565

Date 20 June 2022

Subject: Notification of the Amendment of Date of First Exercise of Rights, Terms of Rights, and Determination of

	Issuance Date of Warrants to Purchase the Newly Issued Ordinary Shares of General Engineering Public Company
	Limited No. 5 (GEL-W5)
Dear	Directors and Managers
	Stock Exchange of Thailand

According to Annual General Meeting of Shareholders for year 2022 of General Engineering Public Company Limited ( the " Company" ) held on April 2 9 , 2 0 2 2 , it was resolved that the Company shall issue and allocate warrants to purchase newly issued ordinary shares of General Engineering Public Company Limited No. 5 (GEL-W5)("GEL-W5 Warrants") in the number not more than 8 9 9 ,6 4 6 ,1 9 8 units to the existing shareholders of the Company who have subscribed and be allocated the newly issued ordinary shares, without the value, in the allocation ratio of 2 newly issued ordinary shares per 1 unit of warrant and shall assign to the Board of Directors and/ or the Executive Committee and/ or Persons assigned by the Board of Directors or the Executive Committee to have authority to consider and determine any other details necessary and relevant to the issuance and allocation of GEL-W5 Warrants.

The Board of Directors' Meeting No. 5/2022, held on June 20, 2022, has resolved to approve the amendment of the date of first exercise of right, terms of rights, and determination of the date for issuing GEL-W5 Warrants and assigned the authorized directors of the Company to have the authority to consider and determine any other details necessary and relevant to the issuance and allocation of GEL-W5 Warrants, with the preliminary essential points as follows:

Date of issuance of GEL-W5 Warrants:	22	June 2022
Expiry Date of GEL-W5 Warrants:	20 June 2025	(to be postponed from 21 June 2025 due to holiday)
Date of First Exercise of GEL-W5 Warrants:	19	July 2022

In this regard, GEL-W5 Warrants are valid for 3 years from the Date of Issuance of warrants. The holders of GEL-W5 Warrants have an exercise ratio of 1 unit of warrant per the right to purchase 1 newly-issued ordinary share at the exercise price of Thai Baht 0.50 per share.

Please be informed accordingly.

Yours sincerely,

General Engineering Public Company Limited -sign-

(Mr. Wuttichai Sresthabutra) Director of the Company