Information for the Warrant Holders No. 2 (NDR-W2)

Information for Warrant Holders

Name of Warrant

Warrant to Purchase Newly Issued Ordinary Shares of N.D: Rubber Public Company Limited No. 2

Abbreviation

NDR-W2

Underlying Securities

NDR Ordinary Share

Issuance Date

5 May 2022

Number of Warrant

86,722,469 Units

Underlying Shares

86,722,469 Shares

Offering Price

0.00 Baht

Exercise Ratio

1 Unit of warrant has the rights to purchase 1 new ordinary share (Subject to change in accordance with the condition on the right adjustment.)

Exercise Price

3.50 Baht per 1 Ordinary Share (Subject to change in accordance with the condition on the right adjustment.)

Terms of Warrants

2 Years from the issuance date

Trading Date

17 May 2022

Exercise Date

Warrant Holders can exercise their rights to purchase the Company’s shares on any following dates:

First date        :     1 December 2022

Second date   :     1 June 2023

Third date      :     1 December 2023

Last date        :     4 May 2024

Period of Notification of Intention to Exercise the Warrants

The Warrant holders who wish to exercise their to purchase ordinary shares of the Company shall notify such intention during 9.00 am. to 3.00 p.m. of any business day within 5 business days prior to each exercise date except the last exercise date which the warrant holders can notify such intention equal to 15 days prior to the last exercise date.

The Exercise Details of the Warrants

Schedule and Location of the last Exercise of NDR-W2

Rights and Duties of the Issuer and the Warrant Holders to Purchase Newly Issued Ordinary Shares of N.D. Rubber Public Company Limited No.2 (NDR-W2)

Exercise Notification Form of Warrants to Purchase Ordinary Shares Of NDR-W2