SE-Education Public Company Limited announced the approval of financial assistance from financial institutions was approved. The loan is intended to be used to repay short-term loans and to strengthen the Company. Total credit line of THB 100 million can be summarized as follows: Long-term loan: Parties: Loaner: Kasikorn Bank Public Company Limited, Borrower: SE-EDUCATION Public Company Limited. Limit: Not more than THB 100,000,000.00. Objective: Repaying short-term loans and enhancing the company's liquidity. Interest rate: THBFIX plus interest rate of 2.56% (two point five six). Term of credit limit: Within 6 (six) months from the contract date. Important loan conditions: The borrower agrees to maintain the Debt Service Coverage Ratio (DSCR) by calculating EBITDA: Earnings Before Interest, Tax, Depreciation and Amortization divided by the portion of long-term liabilities (CPLTD: Current Portion of Long Term Debt) includes interest payments for both long-term and short-term loans at a ratio of not less than 1.0 (one point zero) times. The borrower agrees to maintain the Gearing Ratio by calculating from all liabilities in the financial statements with interest or discounted obligations and divided by the shareholders' equity not more than 0.5 (zero point five) times, but the Gearing Ratio must not be less than 0 (zero). Repayments: The borrower agrees to pay the principal installment of the loan received from the bank in 48 (forty-eight) installments by repaying of 1 (one) month per installment. The borrower will start repaying the first payment on the last business day of the 13 month (Thirteenth) from the first loan withdrawal month. The next installments are payable on the last business day of the month due within business hours at the bank's office. And the borrower will pay the principal plus interest in 60 (sixty) months from the month of the loan withdrawal. The payment terms are as follows: From the first month to the 12 (twelfth) month, the borrower agrees to pay THB 670,000.00 (six hundred thousand baht) per one instalment. From the 13 (thirteenth) month to the 40 (fortieth) month, the borrower agrees to pay THB 2,080,000.00 (two million baht) per one instalment. From the 41 (forty-first) month to the 47 (forty-seventh) month, the borrower agrees to pay THB 4,200,000.00 (four million two hundred thousand baht) per one installment. From the 48 (forty-eighth) month (the last instalment), the borrower will pay the remaining amount and interest. Collateral: Land Deed no. 17749, Srisa Jorakhaeyai Sub district, Bang Sao Thong District, Samut Prakan Province, owned by SE-Education Company Limited, the second mortgage.