JMT Network Services Public : Report on the use of capital increase of JMT Network Services Public Company Limited

-Translation-

IR65/013

27 June 2022

Subject

Report on the use of capital increase of JMT Network Services Public Company Limited

To:President

The Stock Exchange of Thailand

According to JMT Network Services Public Company Limited ("the Company") held the Extraordinary General Meeting of Shareholders No. 1/2021 on November 1, 2021, approved the allocation of newly issued ordinary shares in the amount of not more than 311,580,130 shares with a par value of 0.50 baht per share for (1) offering to the existing shareholders in proportion to their respective shareholdings (Rights Offering) in the amount of not more than 240,963,856 shares, with a par value of 0.50 baht per share, in an allotment ratio of 4.67435 ordinary shares; Existing to 1 newly issued ordinary share. by fixing the offering price of the newly issued ordinary shares at 41.50 baht per share, totaling the money received in the amount 10,000,000,024.00 baht (Ten billion twenty-four baht). After deduction of expenses in this offering (excluding VAT or other taxes relevant) remaining 9,999,878,674 baht (nine thousand nine hundred ninety- nine million eight hundred seventy-eight thousand six hundred seventy-four baht) (2) To support the exercise of the rights to purchase ordinary shares under the warrants to purchase the Company's ordinary shares No. 4 (JMT-W4) which is allocated to the existing shareholders of the company who subscribe and receive the allotment of the newly issued ordinary shares and offered to the existing shareholders in proportion not exceeding 70,500,000 units. without considering the offering value (Offering price per unit is 0 baht) Exercise price is 90 baht per share and (3) To support the exercise of warrants under the JMT-W2,JMT-W3 and JMT-ESOP W1 projects that have been adjusted by the price and exercise ratio, not exceeding 116,274 shares with a par value of 0.50 baht per share.

The company requests to report the results of the use of money from the capital increase. Between January

1 - June 30, 2022, details are as follows:

The purpose of using the money		Received				Period of		Amount		Remaining
		amount				use of		spent		As of 30
		(M.THB)/1				money
								June 2022,
Proceeds from the offering of newly issued ordinary shares to the existing shareholders
1. Investments in the Company's existing
business include purchasing and managing	7,300				within	4,700	2,600
distressed debts.				2022-2023
2. Repay loans to financial institutions and	2,700				within	2,700	-
debentures /2 and serve as working capital.				2022-2023
Including the use of proceeds from the IPO		10,000						7,400		2,600

Please be informed accordingly.

Yours Faithfully,

- Signed -

(Mr. Wongsakorn Kittitrakulkan)

Company Secretary

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