Notice to Shareholders

Subject: Invitation to the 2018 Annual General Meeting of Shareholders

The Meeting of the Board of Directors of Padaeng Industry Public Company Limited (the “Company”) resolved to convene the 2018 Annual General Meeting of Shareholders on Tuesday, 24 April 2018 at 14:00 hours, at Ballroom, Queen Sirikit National Convention Center, 60 New Ratchadaphisek Road, Khlongtoey, Bangkok 10110, to consider the following agenda items:

1Chairman’s Announcement (if any)
2To consider and acknowledge the minutes of the 2017 Annual General Meeting of
Shareholders held on 25 April 2017
3To consider and acknowledge the Company’s Results for the year 2017
4To consider and approve the audited financial statements for the year ended 31 December,
2017
5To consider and approve the distribution of dividends for the Year 2017
6To consider and approve the appointment of directors to replace the ones who are due to
retire by rotation
7To consider and approve the bonus payment to directors for the year 2017 and the directors’ remuneration for the year 2018
8To consider the appointment of the Company’s auditors for the year 2018 and approve the audit fees
9To consider and approve the amendment of the Company’s Objectives and the Company’s
Memorandum of Association, Article 3 (Objectives of the Company) to be in line with the amendment of the Company’s objectives
10To consider and approve the issuance and offering of Warrants to purchase the ordinary shares of the Company No. 1 (PDI-W1) to the existing shareholders proportionate to their shareholding
11To consider and approve the increase of the Company’s registered capital to accommodate the exercise of warrants to buy ordinary shares of the Company No. 1 (PDI-W1)
12To consider and approve the amendment of the Company’s Memorandum of Association, Article 4 (Registered Capital) in order to reflect the Company’s capital increase
13To consider and approve the allocation of the newly issued ordinary shares of the Company
14Other matter (if any)
Brief important figuresYear 2017Year 2016
Total Assets (Million Baht)7,408.655,592.51
Total Liabilities (Million Baht)2,324.221,575.50
Total Shareholders’ Equity (Million Baht)5,084.434,017.01
Total Revenues (Million Baht)6,169.065,148.52
Net profit (loss) for the year attributable to owners of the parent (Million Baht)905.28477.77
Earning (loss) per share (Baht/Share)4.012.11