Ocean Commerce Public : Notification of the resolutions of the Extraordinary General Meeting of Shareholders No. 2/2022 via electronic media (E-EGM)

ALPHAXSET-2206-002

June 24, 2022

Subject: Notification of the resolutions of the Extraordinary General Meeting of Shareholders No. 2/2022 via electronic media (E-EGM)

Attn: President

The Stock Exchange of Thailand

The Extraordinary General Meeting of Shareholders No. 2/2022 of Alpha Divisions Public Company Limited ("the Company") held on June 24, 2022 at 10:00 a.m. at 98 Attakawee Building 1, Floor 5, Soi Aree. Sukhumvit 26 Road, Khlong Tan Subdistrict, Khlong Toei District, Bangkok the Company held the meeting in electronic format (E- Meeting) with 7 shareholders who attended the meeting in person online, 31 shareholders by proxy, and 1 shareholder by proxy online, in total. 39 companies, totalling 833,310,810 shares or 43.5380 percent of the total shares sold of the Company according to the rules prescribed by law, the meeting considered the agenda and approved the important matters, which can be summarized as follows:

1. Resolutions to certify the minutes of the 2022 Annual General Meeting of Shareholders held on April 29, 2022 with all details as proposed. With the majority votes of the shareholders who attended the meeting and voted as follows:

Shareholders' votes	Number (votes)	Percentage
Approved	833,310,810	100.0000
Disapproved	0	0.0000
Abstained	0	0.0000
Invalid	0	0.0000
	833,310,810	100.0000

RemarksIn this agenda, 39 shareholders registered at the beginning of the meeting, totaling 833,310,810 shares, totaling 39 shareholders attending the meeting, holding 833,310,810 shares.

2. Approved the issuance and offering of warrants to purchase ordinary shares of the Company No. 4 (ALPHAX- W4) in the amount not exceeding 191,398,377 units to be allocated to the existing shareholders of the Company in proportion to their respective shareholdings (Right Offering). free of charge at the ratio of 10 existing ordinary shares per 1 unit of warrant, if any fractions of warrants arise from the calculation, such fractions shall be rounded down. The warrants to purchase the Company's ordinary shares No. 4 (ALPHAX- W4) have a maturity of 9 months from the date of issuance of the warrants. and the exercise price of the warrants is at 1.00 baht (one baht) by specifying the names of shareholders who are entitled to receive the warrants on July 4, 2022. In this regard, the Board of Directors' meeting has authorized Board of Directors or the Board of Directors of the Company or the Chief Executive Officer and/or the person assigned by the Board of Directors. or the Board of Directors of the Company is authorized to prescribe rules, conditions and other

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details of warrants This includes the allocation of warrants, entering into negotiations, agreeing to sign documents and other related contracts. including taking any necessary and appropriate actions in connection with the Warrants and the issuance and offering of Warrants at this time this includes the use of warrants and ordinary shares arising from the exercise of warrants. Listed as securities on the Stock Exchange of Thailand as well as requesting permission from relevant agencies with details as proposed in all respects with a vote of not less than three-fourths (3/4) of the total number of votes of the shareholders attending the meeting and having the right to vote as follows:

Shareholders' votes	Number	Percentage
	(votes)
Approved	543,720,810	65.0000
Disapproved	0	0.0000
Abstained	0	0.0000
Invalid	0	0.0000
Shareholders who are not entitled to vote	289,590,000	35.0000
	833,310,810	100.0000

3. Approved to increase the registered capital of the company in the amount of 47,849,594.25 Baht, par value 0.25 Baht per share, from the original capital of 478,495,943 Baht, amounting to 526,345,537.25 Baht by issuing 191,398,377 new ordinary shares with a par value of 0.25 Baht per share to support the exercise of the warrants. The Company's newly issued ordinary shares No.4 (ALPHAX-W4) amounting to 191,398,377 units with all details as proposed. with a vote of not less than three-fourths (3/4) of the total number of votes of the shareholders attending the meeting and having the right to vote as follows:

Shareholders' votes	Number (votes)	Percentage
Approved	833,310,810	100.0000
Disapproved	0	0.0000
Abstained	0	0.0000
Invalid	0	0.0000
	833,310,810	100.0000

4. Approved the amendment of Clause 4 of the Company's Memorandum of Association to be in line with the increase in registered capital as follows:

Old

"Clause 4. Registered Capital of 478,495,943 Baht

(Four hundred and seventy-eight million, four hundred and ninety-five thousand, nine hundred and forty-three Baht)

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Divided into	1,913,983,772 Shares
	(One billion, nine hundred and thirteen million, nine hundred and eighty-
	three thousand, seven hundred and seventy-two Shares)
Par value	0.25 Baht (Twenty-Five Satang)
Categorized into
Ordinary shares	1,913,983,772 Shares
	(One billion, nine hundred and thirteen million, nine hundred and eighty-
	three thousand, seven hundred and seventy-two Shares)
Preference shares	- Shares (- Shares)"
Solved
"Clause 4. Registered Capital of	526,345,537.25 Baht
	(Five hundred and twenty-six million, three hundred and forty-five
	thousand, five hundred and thirty-seven point two five)
Divided into	2,105,382,149 Shares
	(Two billion, one hundred and five million, three hundred and eighty-two
	thousand, one hundred and forty-nine Shares)
Par value	0.25 Baht (Twenty-Five Satang)
Categorized into
Ordinary shares	2,105,382,149 Shares
	(Two billion, one hundred and five million, three hundred and eighty-two
	thousand, one hundred and forty-nine Shares)
Preference shares	- Shares (- Shares)"

In this regard, the person assigned by the Board of Directors to register the amendment of the Memorandum of Association at the Department of Business Development Ministry of Commerce have the power to amend and add words to comply with the Registrar's order with details as proposed in all respects with a vote of not less than three-fourths (3/4) of the total number of votes of the shareholders attending the meeting and having the right to vote as follows:

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Shareholders' votes	Number (votes)	Percentage
Approved	833,310,810	100.0000
Disapproved	0	0.0000
Abstained	0	0.0000
Invalid	0	0.0000
	833,310,810	100.0000

5. Approve the allocation of newly issued ordinary shares in the amount of not more than 191,398,377 shares with a par value of 0.25 baht per share to support the warrants to purchase ordinary shares of the Company No. 4 (ALPHAX-W4) which are issued and offered to the existing shareholders of the Company in proportion to their shareholding (Warrant - RO). The Company has authorized the Board of Directors to or the Board of Directors of the Company or the Chief Executive Officer and/or the person assigned by the Board of Directors. or the Board of Directors of the Company has the authority to prescribe rules, conditions and other details of the warrants to purchase the Company's ordinary shares. This includes the allocation of warrants, entering into negotiations, agreeing to sign documents and other related contracts. including taking any necessary and appropriate actions related to the warrants and the issuance and offering of warrants at this time this includes listing the warrants and ordinary shares arising from the exercise of the warrants as securities on the Stock Exchange of Thailand. as well as requesting permission from relevant agencies with details as proposed in all respects With the majority votes of the shareholders who attended the meeting and voted as follows:

Shareholders' votes	Number	Percentage
	(votes)
Approved	543,720,810	65.0000
Disapproved	0	0.0000
Abstained	0	0.0000
Invalid	0	0.0000
Shareholders who are not entitled to vote	289,590,000	35.0000
	833,310,810	100.0000

Please be informed accordingly

Sincerely yours,

ALPHA DIVISIONS PUBLIC COMPANY LIMITED

(Mr.Teera Chutivarapon)

CHIEF EXECUTIVE OFFICER

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