North East Rubbers Public : Report on use of proceeds from the exercise of warrants

No. NER 011/2022

July 11 , 2022

Subject :	Report on use of proceeds from the exercise of warrants (NER-W1)
Attention	The President
	The Stock Exchange of Thailand

We, North East Rubber Public Company Limited ("the Company"), refer to the exercise of warrants (NER- W1) on December 15, 2021 and May 26, 2022. The Company has received proceeds of 207.58 million Baht and 156.88 million Baht respectively.

The Company hereby reports the use of proceeds from the exercise of NER-W1 in the aggregate amount of 364.46 million Baht as of June 30, 2022 as follows:

Unit: Million Baht

Outstanding

Utilization

Outstanding

Objective

Plan

balance

Of proceeds during

balance

as of December

January 1, 2022 -

as of June

31, 2021

June 30, 2022

30, 2022

1. Use as working capital

for

364.46

364.46

364.46

-

business operation

Total

364.46

364.46

364.46

-

Please be informed accordingly,

Sincerely yours,

(Mr.Sakchai Jongstapongpun)

Chief Financial Officer

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