(Translation)

Ref: TRUE-SEC 014/2565

22nd July 2022

The President of the Stock Exchange of Thailand

The Stock Exchange of Thailand

Subject: Clarification of false news on the amalgamation

In reference to the false news citing that the NBTC's subcommittee voted 3:1 against the TRUE-DTAC amalgamation deal, True Corporation Public Company Limited (the "Company") would like to inform you that such news is not true and the amalgamation is still under consideration by the NBTC. Additionally, Mr. Trairat Viriyasirikul, Deputy Secretary-General Acting Secretary-General of the Office of the NBTC, interviewed with the media in the afternoon of 22nd July 2022 and confirmed that this news was not true and he had not received the detailed results from the study of 4 subcommittees yet.

The Company would like to assure that we have complied with all the legal procedures and relevant laws. Should there be any significant progress about the transaction, the Company will report to the Stock Exchange of Thailand.

Please be informed accordingly.

Respectfully yours,

- Signature -

Ms. Yupa Leewongcharoen

Group Chief Financial Officer

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True Corporation pcl published this content on 22 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 July 2022 11:23:01 UTC.