Minor International Public : Resolution of the Employee Joint Investment Program No.3 (EJIP#3)

-Translation-

November 26, 2018

Subject: Resolution of the Employee Joint Investment Program No.3 (EJIP#3) To: The President

The Stock Exchange of Thailand

Minor International Public Company Limited (the "Company" or "MINT") would like to inform that the Company's Board of Directors' Meeting convened on November 23, 2018, passed the resolution of the approval of the Employee Joint Investment Program No.3 ("EJIP#3") in accordance with the Notification of the Office of the Securities and Exchange Commission (the "SEC") No. SorJor. 38/2018, Re: Preparation of Report on Changes to the Securities and Derivatives Holding of Director, Executive, Auditor, Plan Preparer and Plan Administrator, dated July 16, 2018. EJIP is an investment program on accumulative buying of MINT shares on a periodic basis, serving as a mean of remuneration given to the employees of the Company and of its subsidiaries.

As to be complied with Clause 6 (6) of the Notification No. SorJor. 38/2561 of the SEC, the Company will submit a letter to the SEC to confirm that EJIP#3 has been complied with the regulations prescribed in Clause 7 of the Notification of the SEC No. SorJor. 38/2561 in November 27, 2018

The details of EJIP#3 are as follows:

Item	Details of EJIP#3
(1) Companies entering into the program	Minor International Public Company Limited and its subsidiaries collectively referred to as "MINT Group"
(2) The period of EJIP	Starting from March 1, 2019 to February 28, 2024, the total duration of 5 years
(3) Eligible participants under EJIP	Management of MINT Group, approved by the Company's Board of Directors, on the voluntary basis
(4) EJIP contribution period	Starting from March 2019 to February 2022, the total duration of 3 years
(5) EJIP arrangement	During EJIP contribution period, the Company will transfer the fund of each participant, including 1. The participant's contribution MINT Group will deduct money from payroll of EJIP participants at the rate from 5% to 20% of the salary of each participant on a monthly basis, depending on Key Performance Indicator achievement, the corporate level and years of service of each participant. However, EJIP participants can change the above rate on yearly basis with the change request in February each year, in order to be valid for the remaining EJIP contribution period. 2. The Company's contribution MINT Group will contribute 100% of such deducted amount from participants on a monthly basis. to TISCO Securities Company Limited ("TISCO"), who was appointed to manage the EJIP program, on the payment date of monthly salaries under terms and conditions as agreed. Then, TISCO will transfer the fund to EJIP account of each participant on the same date.
TISCO will bring the said fund for buying MINT shares under the criterions, procedures and conditions as stipulated in the terms and conditions of EJIP which has been complied with the rules and regulations from the SEC.
(6) Conditions for securities holding (Silent Period)	Each EJIP participant has the right to sell MINT shares accumulated under EJIP program each year as follows: The year MINT shares accumulated: Participant cannot sell any MINT shares. 1st subsequent year: 2nd subsequent year: 3rd subsequent year:Participant can sell 20% of MINT shares. Participant can sell 30% of MINT shares. Participant can sell 50% of MINT shares. The above conditions are not applicable for the participant who is no longer the employee of MINT Group, according to the agreements among MINT Group, the participant and TISCO.

Please be informed accordingly.

Sincerely yours,

- Signed -

(Ms. Somsri Ruchdaponkul)

VP of Corporate Finance and Corporate Secretary