Khonburi Sugar PCL : Resolution of the 2017 Annual General Meeting of Shareholders (Edit)

Ref. No. MDO 041/2017

26 April 2017

Subject : Resolution of the 2017 Annual General Meeting of Shareholders Attention : President

The Stock Exchange of Thailand

Khonburi Sugar Public Company Limited (the "Company") has arranged the Annual General Meeting of Shareholders for the year 2017 (the "Meeting"), which was held on 26 April 2017 at 2.00

p.m. at Rattanakosin Room , Narai Hotel, 222 Silom Road Bangkok. In the Meeting, of shareholders were 98 in attendance, and 65 shareholders were represented by proxies. Therefore, a total of 163 shareholders were present at the Meeting, representing 450,862,408 shares, which accounted for 75.1437 percent, or more than one-third, of the total number of shares sold by the Company. Details of each agenda are summarized as follows:

Agenda 1 To adopt the Minutes of Annual General Meeting of Shareholders for the year 2016

The minutes was ratified by majority vote of the shareholders who attended the meeting and cast their votes as follows:

Approved	450,681,306	votes, equal to	100.0000%
Disapproved	0	votes, equal to	0.0000%
Abstained	0	votes, equal to	0.0000%
Voided Ballot	0	votes, equal to	0.0000%
Total	450,681,306	votes, equal to	100.0000%

Agenda 2 To acknowledge the Company's performance and annual report 2016

Agenda 3 To consider and approve the audited statements of financial position and comprehensive income ended 31 December 2016

The resolution was approved by majority vote of the shareholders who attended the meeting and cast their votes as follows:

Approved	450,823,908	votes, equal to	99.9939%
Disapproved	0	votes, equal to	0.0000%
Abstained	27,500	votes, equal to	0.0061%
Voided Ballot	0	votes, equal to	0.0000%
Total	450,851,408	votes, equal to	100.0000%

Agenda 4 To consider and approve the dividend payment and statutory reserve for the year 2016 as follows:

The dividend payment for the year 2016 is at the rate of Baht 0.10 (ten satang) per share. The Company has already paid interim dividend at the rate of 0.05 (five satang) per

share; therefore, the remaining dividend to be paid for the year 2016 is Baht 0.05 (five satang) per share.

The Company has set the Record Date on March 15, 2017 in order to identify shareholders who will be able to attend the meeting and receive dividend. The book closure date to collect name list pursuant to Article 225 of Securities and Stock Exchange Act B.E. 2535 (Amended B.E. 2551) by closing share transfer is on March 16, 2017. The dividend payment will be paid to the shareholders on May 19, 2017.

The resolution was approved by majority vote of the shareholders who attended the meeting and cast their votes as follows:

Approved	450,851,408	votes, equal to	100.0000%
Disapproved	0	votes, equal to	0.0000%
Abstained	0	votes, equal to	0.0000%
Voided Ballot	0	votes, equal to	0.0000%
Total	450,851,408	votes, equal to	100.0000%

Agenda 5 Approved the re-appointment of 3 directors who retired by rotation i.e.

Mr. Suthep Wongvorazathe Mr. Somkiat Twiltermsup and Mr. Issara Twiltermsup as the directors for another term.

The resolution was approved by majority vote of the shareholders who attended the meeting and cast their votes as follows:

1. Mr. Suthep Wongvorazathe
Approved	450,718,808	votes, equal to	99.9706%
Disapproved	102,100	votes, equal to	0.0226%
Abstained	30,500	votes, equal to	0.0068%
Voided Ballot	0	votes, equal to	0.0000%
Total	450,851,408	votes, equal to	100.0000%

2. Mr. Somkiat Twiltermsup
Approved	450,718,908	votes, equal to	99.9706%
Disapproved	102,000	votes, equal to	0.0226%
Abstained	30,500	votes, equal to	0.0068%
Voided Ballot	0	votes, equal to	0.000%
Total	450,851,408	votes, equal to	100.0000%

3. Mr. Issara Twiltermsup
Approved	450,718,908	votes, equal to	99.9706%
Disapproved	102,000	votes, equal to	0.0226%
Abstained	30,500	votes, equal to	0.0068%
Voided Ballot	0	votes, equal to	0.0000%
Total	450,851,408	votes, equal to	100.0000%

Agenda 6 Approved the annual remuneration of the Board of Directors and sub-committees for year 2017 as the same amount of the previous year (2016). The remuneration including attendance fees and annual benefit will not more than Baht 8.0 million.

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The resolution was approved by more than two-third (2/3) of the total votes of shareholders attending the meeting and having the right to votes as follows:

Approved	450,838,408	votes, equal to	99.9971%
Disapproved	10,000	votes, equal to	0.0022%
Abstained	3,000	votes, equal to	0.0007%
Voided Ballot	0	votes, equal to	0.0000%
Total	450,851,408	votes, equal to	100.0000%

Agenda 7 Approved to appoint Mr. Sophon Permsirivallop CPA Registration No. 3182; and/or Ms.Rungnapa Lertsuwankul CPA License No. 3516 and/or Mr. Chayapol Suppasedtanon CPA License No. 3972 and/or and Ms. Pimjai Manitkajohnkit CPA License No. 4521 Ms. Rosaporn Decharkom CPA Registration No. 5659 of EY Office Limited as the auditor for the year 2017 with the remuneration of Baht 1,520,000 in total.

The resolution was approved by majority vote of the shareholders who attended the meeting and cast their votes as follows:

Approved	450,858,408	votes, equal to	99.9993%
Disapproved	0	votes, equal to	0.0000%
Abstained	3,000	votes, equal to	0.0007%
Voided Ballot	0	votes, equal to	0.0000%
Total	450,861,408	votes, equal to	100.0000%

Please be informed accordingly.

Sincerely yours,

(Teerapat Thavisin) Manager of Managing Director Office

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