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24 May 2019 13:10:00
Report on the results of the Exercise of PIMO-W1 (F53-5)
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                The results of the exercise of Warrants/TSR (F53-5)
Report date of securities allocation     : 24-May-2019

Exercised Securities


  Common shares
    Warrant of trading symbol            : PIMO-W1
    Name of warrant                      : Warrant of PIONEER MOTOR PUBLIC 
    Number of exercised warrants (units) : 95,285,561
    Number of unexercised warrants       : 7,534,317
    Ratio (Warrant : shares)             : 1.00 : 1.00
    Exercise Price (baht/share)          : 1.20
    Exercise Date                        : From 15-May-2019
    Number of shares derived from        : 95,285,561
exercised warrants (shares)
    Number of remaining shares reserved  : 7,534,317

Remark                                   :
The company will reduce the registered capital of the company. By cutting off 
the remaining ordinary shares from the exercise of the warrants

Authorized to sign on behalf of the      : Mr.Wasun Itthirojanakul
Position                                 : Managing Director

Ms.Sirirat Itthirojanakul
Assistant Managing Director in Marketing

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