- Translation -

No. JKNGB-006-08/2022

August 4, 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. 11/2022, due in 2025, unsubordinated and unsecured" to Advance Opportunities Fund ("AO Fund") (the "Debenture holder"). On August 4, 2022, the Debenture holder has 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)

(August 4, 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

-

20,000

-

-

-

20,000

No. 4/2022

40,000

-

-

-

-

-

-

-

No. 5/2022

20,000

-

-

-

-

-

-

-

No. 6/2022

20,000

-

-

-

-

-

-

-

No. 7/2022

20,000

-

-

-

-

-

-

-

No. 8/2022

40,000

-

-

-

-

-

-

-

No. 9/2022

20,000

-

-

-

-

-

-

-

No. 10/2022

40,000

-

20,000

-

20,000

-

-

-

No. 11/2022

40,000

-

40,000

-

40,000

-

-

-

Total

400,000

70,000

40,000

30,000

On August 4, 2022

  • AO Fund notified the conversion of "Convertible debentures granting the right to convert into ordinary shares of JKN Global Group Public Company Limited No. 11/2022, due in 2025, unsubordinated and unsecured" amount 40,000 units (THB 40 million) to 9,987,515 ordinary shares.
  • The conversion price of AO Fund of THB 4.005 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 15 business days are as follows:

Date

Number of Shares

Total Value ('000 THB)

August 3, 2022

86,447,673

405,563.47

August 2, 2022

7,514,211

31,264.37

August 1, 2022

3,227,978

12,988.17

July 27, 2022

8,228,071

32,479.22

July 26, 2022

5,017,266

20,301.18

July 25, 2022

7,579,729

31,059.56

July 22, 2022

1,626,625

7,029.39

July 21, 2022

3,680,917

15,770.98

July 20, 2022

4,187,044

17,743.93

July 19, 2022

1,294,932

5,290.53

July 18, 2022

3,410,170

14,037.17

July 15, 2022

883,715

3,547.63

July 14, 2022

1,340,482

5,439.20

July 12, 2022

5,465,667

22,093.66

July 11, 2022

5,495,581

22,921.73

Total

145,400,061

647,530.19

Weighted average market price for 15 business days (THB/Share)

=

Trading Value

Trading Volume

=

647,530,190

145,400,061

=

4.45

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

=

4.005

The conversion price as of August 4, 2022 was THB 4.005 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 August 4, 2022 in the amount of 9,987,515 shares and the Company's remaining amount of shares being reserved for the next convertible debentures in the amount of 40,472,791 shares.

Please be informed accordingly.

Yours sincerely,

(Mr. Jakkaphong Jakrajutatip)

Chief Executive Officer and Managing Director

Authorized Disclosing Person

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