JSP Pharmaceutical Manufacturing Thailand Public : Notification of the Resolutions of the Extraordinary General Meeting of Shareholders No. 1/2022

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JSP PHARMACEUTICAL MANUFACTURING (THAILAND) PUBLIC COMPANY LIMITED

No. JPCS-22/015

	16 August 2022
Re:	Notification of the Resolutions of the Extraordinary General Meeting of Shareholders No. 1/2022
Attn:	Director and Manager, the Stock Exchange of Thailand

Since the Extraordinary General Meeting of Shareholders No. 1/2022 of JSP Pharmaceutical Manufacturing (Thailand) Public Company Limited ("Company") was held on Tuesday, 16 August 2022 at

1.30 p.m. through electronics media, the Company would like to inform the resolutions of the Extraordinary General Meeting of Shareholders No. 1/2022 as follows:

1. Resolved to approve the change of objectives of utilisation of the proceeds received from the Initial

Public Offering ("IPO"). This agenda was approved by a vote of not less than three-fourths of the total number of votes of the shareholders attending the meeting and entitled to vote, without objection votes by 10% onwards of the total number of votes of the shareholders attending the meeting and entitled to vote, with the following voting details:

		Represented as a percentage of the total
		number of votes of shareholders attending
	Number of Votes	the meeting and entitled to vote
Approved	310,343,000	93.9457
Disapproved	20,000,000	6.0543
Abstained	1	included as base for voting calculation
Invalid Ballot(s)	0
Total Votes of the Meeting	330,343,001	100.0000

2. Resolved to approve the issuance of the warrants to purchase the newly issued ordinary shares of the Company No. 1 (JP-W1) in the amount of not exceeding 227,500,000 units for allotting to the existing shareholders in proportion of their respective shareholding (Right Offering), where allotment ratio of 2 existing ordinary shares per 1unit of Warrant to purchase the Company's ordinary shares

No. 1. This agenda was approved by the majority vote of shareholders attending the meeting and entitled to vote, with the following voting results:

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JSP PHARMACEUTICAL MANUFACTURING (THAILAND) PUBLIC COMPANY LIMITED
			Represented as a percentage of the total
		number of votes of shareholders attending
	Number of Votes		the meeting and entitled to vote
Approved	310,343,000			93.9457
Disapproved	20,000,001				6.0543
Abstained	0		included as base for voting calculation
Invalid Ballot(s)	0
Total Votes of the Meeting	330,343,001			100.0000

3. Resolved to approve the increase of the Company's registered capital amounting to Baht 113,750,000, which to be the new registered capital of Baht 341,250,000, by issuing newly ordinary shares of 227,500,000 shares with a par value of Baht 0.50 per share and the amendment to the Company's Memorandum of Associations, Clause 4. to be in line with the Company's capital increase.

This agenda was approved by a vote of not less than three-fourths of the total number of votes of the shareholders attending the meeting and entitled to vote, with the following voting results:

		Represented as a percentage of the total
		number of votes of shareholders attending
	Number of Votes	the meeting and entitled to vote
Approved	310,343,000	93.9457
Disapproved	20,000,000	6.0543
Abstained	1	included as base for voting calculation
Invalid Ballot(s)	0
Total Votes of the Meeting	330,343,001	100.0000

4. Resolved to approve the allotment of the capital increase ordinary shares for supporting the exercise of rights of the Warrant to purchase the Company's ordinary shares No. 1 (JP-W1) in the amount of not exceeding 227,500,000 shares for allotting to the existing shareholders in proportion of their respective shareholding (Right Offering), where allotment ratio of 2 existing ordinary shares per 1unit of Warrant to purchase the Company's ordinary shares No. 1. This agenda was approved by the majority vote of shareholders attending the meeting and entitled to vote, with the following voting results:

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JSP PHARMACEUTICAL MANUFACTURING (THAILAND) PUBLIC COMPANY LIMITED
			Represented as a percentage of the total
		number of votes of shareholders attending
	Number of Votes		the meeting and entitled to vote
Approved	310,343,000			93.9457
Disapproved	20,000,001				6.0543
Abstained	0		included as base for voting calculation
Invalid Ballot(s)	0
Total Votes of the Meeting	330,343,001			100.0000

Please be informed accordingly.

Sincerely yours,

JSP Pharmaceutical Manufacturing (Thailand) PCL.

Investor Relations	Ms. Jirada Daengprasert
Tel. [phone]	Company Secretary
[e-mail]	On behalf of the Board of Directors