- Translation -

No. JKNGB-007-06/2022

June 7, 2022

Subject

Notification of conversion price calculation of the convertible debentures

To

The President

The Stock Exchange of Thailand

JKN GLOBAL GROUP PUBLIC COMPANY LIMITED (the "Company") has offered and issued the convertible debentures pursuant to the agreement in respect of "Convertible debentures granting the right to convert into ordinary shares of JKN Global Group Public Company Limited No. 3/2022, due in 2025, unsubordinated and unsecured" to Advance Opportunities Fund ("AO Fund") and Advance Opportunities Fund 1 ("AO Fund 1") (collectively, the "Debenture holders"). On June 7, 2022, the Debenture holders have exercised the conversion of convertible debenture with the details as follows:

The

Amount of

Remaining debentures

Exercise the right to

Remaining debentures

Company's

debentures

before conversion

conversion (units)

after conversion (units)

long-term

(Units)

(Units)

(June 7, 2022)

convertible

AO

AO

AO

AO

AO

AO

AO

AO

debentures

Fund

Fund 1

Fund

Fund 1

Fund

Fund 1

Fund

Fund 1

No. 1/2022

25,000

35,000

-

10,000

-

-

-

10,000

No. 2/2022

60,000

-

-

-

-

-

-

-

No. 3/2022

20,000

20,000

10,000

20,000

10,000

-

-

20,000

Total

160,000

40,000

10,000

30,000

On June 7, 2022

  • AO Fund 1 has not exercised the right of conversion of "Convertible debentures granting the right to convert into ordinary shares of JKN Global Group Public Company Limited No. 3/2022, due in 2025, unsubordinated and unsecured"
  • AO Fund notified the conversion of "Convertible debentures granting the right to convert into ordinary shares of JKN Global Group Public Company Limited No. 3 /2022, due in 2025, unsubordinated and unsecured" amount 10,000 units (THB 1 0 million) to 1,942,501 ordinary shares.
  • The conversion price of AO Fund of THB 5.148 per share which is a convertible price of not less than 90 percent of the market price, which is calculated from the weighted average price of the Company's shares in the SET for the past 7-15 business days.

1

The weighted average prices of the Company's shares for the past 12 business days are as follows:

Date

Number of Shares

Total Value ('000 THB)

June 6, 2022

3,287,286

18,177.80

June 2, 2022

4,106,898

22,917.44

June 1, 2022

12,788,316

72,949.85

May 31, 2022

4,919,547

29,394.82

May 30, 2022

5,865,021

34,486.18

May 27, 2022

2,051,419

11,726.42

May 26, 2022

1,923,006

10,896.47

May 25, 2022

1,937,176

11,208.41

May 24, 2022

960,419

5,577.40

May 23, 2022

4,330,596

25,007.23

May 20, 2022

5,108,733

28,148.77

May 19, 2022

1,894,351

10,731.93

Total

49,172,768

281,222.72

Weighted average market price for 9 business days (THB/Share)

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

  • Trading Value Trading Volume
  • 281,222,720
    49,172,768
  • 5.72
  • 5.148

The conversion price as of June 7, 2022 was THB 5.148 per share which is not lower than 90 percent of the said weighted average price. Therefore, it does not meet the conditions that prohibit the sale of shares within 1 year from the date of receiving the convertible securities (Silent Period) pursuant to Notification of the Stock Exchange of Thailand Re: Rules, Conditions and Procedures Governing the Listing of Ordinary or Preferred Shares Issued for Capital Increase B. E. 2558 (2015), Debenture holders will receive the convertible debentures on June 7, 2022 in the amount of 1,942,501 shares and the Company's remaining amount of shares being reserved for the next convertible debentures in the amount of 97,971,416 shares.

Please be informed accordingly.

Yours sincerely,

(Mr. Jakkaphong Jakrajutatip)

Chief Executive Officer and Managing Director

Authorized Disclosing Person

2

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