Royal Plus Public : Report of the utilization of capital increasing from Initial Public Offering (IPO)

No. PLUS 003/2565

25 July 2022

Subject: Report of the utilization of capital increasing from Initial Public Offering ( IPO) for the period ended 30 June 2022

To: President

Stock Exchange of Thailand

Royal Plus Public Company Limited ("the Company") had completed the Initial Public Offering (IPO) on 11 - 13 May 2022 of 170,000,000 shares at offering price of Baht 4.50 per share, totaling Baht 765 million. The Company received the increase capital in the amount of Baht 735 million after deducting related expenses.

The Company would like to report the utilization of capital increasing from IPO as of 30 June 2022

as follow:

			(Unit : Million Baht)
Objectives	Estimated Amount used	Amount Used during	Outstanding
		20 May - 30 June 2022	Balance as of
			30 June 2022
1) Repayment of the loans from	75.0	75.0	-
financial institutions
2) To use as working capital for	424.7	60.0	364.7
business operations
3) Investment in factory	235.3	-	235.3
expansion and machinery
Total	735.0	135.0	600.0

Please be informed accordingly.

Yours sincerely,

(Mr. Phonsaeng Saebe)

Managing Director