Tender Offer Subject : Tender offer Listed company subject to tender offer : SCG CERAMICS PUBLIC COMPANY LIMITED (COTTO) Offeror : SCG Decor Company Limited Offer price Common shares (baht per share) : 2.40 Net price Common shares (baht per share) : 0.00 Tender offer : For delisting Tender Offer Agent : - Remark : Tender offer price THB 2.40 which was derived from various methods determined by SCG Decor, e.g., market price, trading multiples, and discounted cash flow, and will be further proposed to the shareholders' meeting of COTTO for consideration. Consideration Consideration comprises SCG Decor's newly issued ordinary shares where consideration will be made with no cash alternative. Swap ratio The swap ratio for the exchange of COTTO's shares to SCG Decor's Shares Consideration will be calculated from the COTTO tender offer price divided by the final IPO shares price. In this regard, if there is any fraction of shares from the allocation of the shares as consideration to the shareholders of COTTO according to the final swap ratio, such fraction will be rounded down, and no compensation will be made. Offer period The offer period is a period of not less than 25 business days and not more than 45 business days. In this regard, SCG Decor will further request for a waiver for such offer period from the SET. ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.