(Translation)

No: PACE-L 10/2022

Date: 19 August 2022

Re: Informing the progress of the submission a petition for Business Rehabilitation of Pace Development Corporation Public Company Limited

To: President

The Stock Exchange of Thailand

As the Official Receiver has scheduled a creditor's meeting for the consideration of the rehabilitation plan of Pace Development Corporation Public Company Limited (the "Company") on 17 August 2022 at 9.30 a.m. via electronic media (e-Meeting) as informed earlier.

The Company would like to inform that on 17 August 2022, the Official Receiver has held a creditor's meeting and the creditor's meeting considered and resolved to approve the Company's rehabilitation plan, pursuant to Section 90/46 and Section 90/48 of the Bankruptcy Act B.E. 2483 (as amended)

Please be informed accordingly.

Respectfully yours,

- Signed -

(Mr. Sorapoj Techakraisri)

Chief Executive Officer

Pace Development Corporation Public Company Limited No. 53 Sivatel Tower, 16th Floor, Room 1606, Wireless Road,

Lumpini, Pathumwan, Bangkok 10330 Thailand Tel. +66 2 118 9599 Fax. +66 2 118 9598 www.pacedev.comRegistration No. 0107554000232

บมจ. เพซ ดีเวลลอปเมนท์ คอร์ปอเรชั่นเลขที่53 อาคารศิวาเทล ทาวเวอร์ ชั้นที่16 ห้องเลขที่1606 ถนนวิทยุ แขวงลุมพินี เขตปทุมวัน กรุงเทพฯ10330 โทร 02 118 9599 โทรสาร 02 118 9598 ทะเบียนเลขที่0107554000232

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Pace Development Corporation pcl published this content on 19 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 August 2022 06:03:07 UTC.