Invitation to the Annual General Meeting of Shareholders ...ptg.listedcompany.com/misc/ShareholderMTG/agm2016/...Invitation to the Annual General Meeting of Shareholders for the Year

Invitation to the Annual General Meeting

of Shareholders for the Year 2016

PTG Energy Public Company Limited

on Friday 22 April 2016 at 2.00 p.m.

at Meeting Room 3-4, Queen Sirikit National Convention Center

No. 60, New Rachadapisek Road, Klongtoey Sub-District,

Klongtoey District, Bangkok

Registration starts at 12.00 p.m.

For your convenience in registration,

Please bring the “Registration Form” with barcode

and present to the officer on the meeting day

Content Page

Invitation to the Annual General Meeting of Shareholders for the Year 2016 1

Enclosure No. 1 A copy of the Minutes of the Extraordinary General Meeting of Shareholders

No. 1/2016 13

Enclosure No. 2 Annual report for the year 2015 and the financial statements for the fiscal

year ended 31 December 2015

in form of

CD-Rom

Enclosure No. 3

Biographies of the nominated directors to be elected to replace the

directors who retire by rotation

1. Police General Soontorn Saikwan

2. Associate Professor Wanchai Rattanawong

3. Mr. Vuthichai Duangratana

29

31

33

Enclosure No. 4 Definition of the Independent Directors 35

Enclosure No. 5

Proxy

- Form A.

- Form B. (Recommended)

- Form C.

37

39

47

Enclosure No. 6 Registration conditions, documents to be presented prior to attending the

shareholders’ meeting, proxy and voting 55

Enclosure No. 7 Details of the Independent Director proposed by the Company for the

shareholders to appoint as the proxy to attend the Meeting 59

Enclosure No. 8 The Company’s Articles of Association in relation to the shareholders’

meeting 61

Enclosure No. 9 Map of the meeting venue 64

Enclosure No. 10 Registration Form (Please bring this document to the Meeting) Attachment

Enclosure No. 11 P.O. Box Envelope Attachment

- 2 - บริษัท พีทีจี เอ็นเนอยี จํากัด (มหาชน)

PTG ENERGY PUBLIC COMPANY LIMITED

Board of Directors’ Opinion The shareholders’ meeting should adopt the minutes of the

Extraordinary General Meeting of Shareholders No. 1/2559.

Required Votes The resolution in this Agenda shall comprise a majority vote of the

shareholders who attend the Meeting and cast their votes.

Agenda 2 To acknowledge the report of the Board of Directors regarding the operating results of the

Company for the year 2015

Background Information The details of the report on the operating results of the Company for

the year 2015 appear in Enclosure No. 2.

Board of Directors’ Opinion This agenda is for acknowledgement; therefore, the resolution is not

required.

Agenda 3 To consider and approve the financial statements for the fiscal year ended 31 December 2015

Background Information The Audit Committee has considered and reviewed the financial

statements for the fiscal year ended 31 December 2015 which were audited and certified by the Company’s

auditors, and then proposed to the Board of Directors to consider in order to propose to the shareholders’ meeting

for their consideration and approval. The details appear in Enclosure No. 2.

Board of Directors’ Opinion The shareholders’ meeting should approve the financial statements for

the fiscal year ended 31 December 2015.



Agenda 4 To consider and approve the appropriation of the net profit as legal reserve and the dividend

payment for the year 2015

Background Information The Company has its dividend policy at the rate of not less than 30

percent of the net profit of the Company’s financial statements after deducting tax and appropriation as legal

reserve and other reserve(s) (if any). However, the distribution of the dividend is subject to change depending upon

the operating results, financial position, liquidity, necessity of working capital for the operation, investment plan and

business expansion in the future, market condition, suitability and other factors relating to the Company’s operation

and management under the condition that the Company shall have enough cash for its operation and such action

shall be most beneficial to the shareholders as the Board of Directors and/or the shareholders deem appropriate.

In this regard, the Board of Directors’ resolution approving the dividend payment shall be proposed to the

shareholders’ meeting for approval, except for the case of interim dividend payment in which the Board of Directors

has the authority to approve and shall report to the shareholders at the subsequent shareholders’ meeting.

From the overall of the operating results and the financial statements,

the Company has the net profit for the year 2015 of Baht 339,997,888 (Three Hundred Thirty Nine Million Nine

Hundred Ninety Seven Thousand Eight Hundred and Eighty Eight Baht) according to its financial statements of the

year 2015.

\................The information for……………….



The information for consideration regarding the dividend payment for the

year 2015 can be summarized as follows:

Description Year 2015 Year 2014

1. Net profit (the Company’s financial statements) (Baht) 339,997,888 312,668,863

2. Legal reserve (Baht) 16,999,894 15,822,563

3. Legal reserve at the end of the year (Baht) 52,525,033 35,525,139

4. Net profit of the Company after appropriation as legal reserve (Baht) 322,997,994 296,846,300

5. Dividend per share (Baht per share) 0.20 0.15

5.1 Interim Dividend (Baht per share) None None

5.2 Dividend for the last 3 months (Baht per share) None None

6. Total dividend payment (Baht) 334,000,000 250,500,000

7. Dividend payout ratio comparing with net profit of the Company

(percent)

98.24 80.12

8. Dividend payout ratio comparing with net profit of the Company after

appropriation as legal reserve (percent)

103.41 84.39

Board of Directors’ Opinion The shareholders’ meeting should approve the appropriation of the net

profit as legal reserve and the dividend payment for the year 2015 as per the details as follows:

1. To appropriate the net profit of Baht 339,997,888 (Three Hundred

Thirty Nine Million Nine Hundred Ninety Seven Thousand Eight Hundred and Eighty Eight Baht) as legal reserve in the

amount of Baht 16,999,894 (Sixteen Million Nine Hundred Ninety Nine Thousand Eight Hundred and Ninety Four

Baht), equivalent to 5 percent of the net profit of the Company’s financial statements of the year 2015, and

equivalent to 1.05 percent of the Company’s registered capital.

2. To make the dividend payment from the Company’s operating results

during the 12 months of the year 2015 starting from 1 January 2015 to 31 December 2015 at the rate of Baht 0.20

(Twenty Satang) per share, for 1,670,000,000 shares, totaling to the dividend paid from the Company’s operating

results during the 12 months of the year 2015 of Baht 334,000,000 (Three Hundred Thirty Four Million Baht).

The dividend will be paid to the shareholders whose names appear in the share register book of the Company on

10 March 2016 which was determined to be the date on which the recorded shareholders are entitled to receive

the dividend (Record Date) and the closing date on which name list of shareholders is compiled under Section 225

of the Securities and Exchange Act B.E. 2535 (1992) (as amended) by closing the share register book to suspend

share transfers was determined to be on 11 March 2016. The dividend payment will be made on 19 May 2016.



\...............Agenda 5 To consider……………



Agenda 5 To consider and approve the election of the directors to replace the directors who retire by

rotation

Background Information Article 16. of the Company’s Articles of Association specifies that “At

every Annual General Meeting, one-third of the directors shall retire. If the number of directors is not multiple of

three, the number of directors closest to one-third shall retire. The directors retiring from office in the first and

second years after the registration of the Company shall be selected by drawing lots. In subsequent years, the

director who has held office the longest shall retire. The director retiring by rotation may be re-elected.”

For this Annual General Meeting of Shareholders, there are 3 directors

who retire by rotation, namely:

1. Police General Soontorn Saikwan Chairman of the Board of Directors

Independent Director

2. Associate Professor Wanchai Rattanawong Director

Member of the Audit Committee

Member of the Corporate Governance Committee

Member of the Nomination and Remuneration Committee


3. Mr. Vuthichai Duangratana Director




The nomination process of the Company’s directors is not conducted by

the Nomination and Remuneration Committee since the Board of Directors has unanimously passed a resolution to

set up the Nomination and Remuneration Committee in the recent Board of Directors’ meeting No. 2/2016 which

was held on 25 February 2016. However, the Board of Directors has considered various qualifications of the

nominated directors by considering suitability of educational degree, work experience and expertise from various

professions, including past performance as the Company’s directors. As a result, the Board of Directors has deemed

that Police General Soontorn Saikwan, Associate Professor Wanchai Rattanawong and Mr. Vuthichai Duangratana

have suitable qualifications and should be elected as the Company’s directors.

The above directors possess knowledge, competence and experiences

which are beneficial to the Company. In addition, they have performed well as the Company’s directors in the past

and also meet the qualifications required by the Public Limited Companies Act, the Securities and Exchange Act, the

Notification of the Capital Market Supervisory Board, the Regulations of the Stock Exchange of Thailand and other

relevant regulations. The summarized biographies of the 3 directors and the definition of the Independent Directors

appear in Enclosure No. 3 and 4, respectively.

\...............Board of Directors……………



Board of Directors’ Opinion The shareholders’ meeting should approve the election of the directors

to replace the directors who retire by rotation to be directors of the Company for another term and to hold the

same positions in the committee(s) as follows:

1. Police General Soontorn Saikwan Chairman of the Board of Directors


2. Associate Professor Wanchai Rattanawong Director





3. Mr. Vuthichai Duangratana Director






Agenda 6 To consider and approve the determination of the remuneration of the directors for the year

2016

Background Information The Board of Directors has proposed to the shareholders’ meeting to

determine the remuneration of the directors for the year 2016 with the details as follows:

The Board of Directors

Type of Remuneration Year 2016 (Unchanged) Year 2015

1. Monthly Salary

1.1 Chairman of the Board of

Directors

1.2 Directors

Baht 60,000 (Sixty Thousand Baht)

per month

Baht 40,000 (Forty Thousand Baht)

per person per month

Baht 60,000 (Sixty Thousand Baht)

per month



\...............Type of Remuneration……………




2. Meeting Allowance


Directors

2.2 Directors

Baht 10,000 (Ten Thousand Baht)

per meeting


per person per meeting

* Only attendees


per meeting



* Only attendees

3. Transportation Expense To be paid on an actual cost.

* Except for commuting in Bangkok

and its vicinity which the Company

will not make the payment.

To be paid on an actual cost.




4. Special Remuneration or

Bonus


Directors

4.2 Directors

To receive an additional of 25 percent

of the special remuneration or bonus

from that received by directors.

To receive the amount similar to the

special remuneration or bonus that

directors of other companies which

operate the same business as that of

the Company receive.

However, the sum of the special

remuneration and bonus of the

Chairman of the Board of Directors

and the directors shall not exceed

Baht 15,000,000 (Fifteen Million Baht)

per year.

To receive an additional of 25 percent

of the special remuneration or bonus

from that received by directors.

To receive the amount similar to the

special remuneration or bonus that

directors of other companies which

operate the same business as that of

the Company receive.

However, the sum of the special

remuneration and bonus of the


and the directors shall not exceed

Baht 15,000,000 (Fifteen Million Baht)

per year.

5. Other remunerations - -

\...............The Executive Committee……………



The Executive Committee


1. Monthly Salary

1.1 Chairman of the Executive

Committee

1.2 Members


per month

Baht 20,000 (Twenty Thousand Baht)



per month

Baht 20,000 (Twenty Thousand Baht)



2.1 Chairman of the Executive

Committee

2.2 Members


per meeting



* Only attendees


per meeting



* Only attendees










The Audit Committee


1. Monthly Salary

1.1 Chairman of the Audit

Committee

1.2 Members


per month

Baht 30,000 (Thirty Thousand Baht)



per month

Baht 30,000 (Thirty Thousand Baht)



2.1 Chairman of the Audit

Committee

2.2 Members


per meeting



* Only attendees


per meeting



* Only attendees

\...............Type of Remuneration……………





* Except for the commuting in

Bangkok and its vicinity which the

Company will not make the

payment.


* Except for the commuting in

Bangkok and its vicinity which the

Company will not make the

payment.


The Corporate Governance Committee



1.1 Chairman of the Corporate

Governance Committee

1.2 Members

Baht 12,500 (Twelve Thousand and

Five Hundred Baht) per meeting

Baht 10,000 (Ten Thousand Baht) per

person per meeting

* Only attendees

-

-


The Nomination and Remuneration Committee

Type of Remuneration Year 2016 Year 2015


1.1 Chairman of the Nomination

and Remuneration

Committee

1.2 Members

Baht 12,500 (Twelve Thousand and

Five Hundred Baht) per meeting

Baht 10,000 (Ten Thousand Baht) per

person per meeting

* Only attendees

-

-


\...............In this regard……………



In this regard, the determination of the remuneration of the directors is not

conducted by the Nomination and Remuneration Committee since the Board of Directors has unanimously passed a

resolution to set up the Nomination and Remuneration Committee in the recent Board of Directors’ Meeting

No. 2/2016 which was held on 25 February 2016. However, the determination of the remuneration of the directors

for the year 2016 has been considered prudently from the Board of Directors by comparing with the same industry,

including deliberately considering information regarding the business expansion and the growth of the Company’s

profit. As a result, the Board of Directors has deemed appropriate to determine the remuneration of the Board of

Directors, the Executive Committee, the Audit Committee, the Corporate Governance Committee and the

Nomination and Remuneration Committee as proposed above.

The Board of Directors has proposed to the shareholders’ meeting to

authorize the Board of Directors to have the power to determine the amount of remuneration that each director or

member will receive.

Board of Directors’ Opinion The shareholders’ meeting should approve the determination of the

remuneration of the directors for the year 2016 as per the details proposed above and the authorization to the

Board of Directors to have the power to determine the amount of remuneration that each director or member will

receive.

Required Votes The resolution in this Agenda shall comprise a vote of not less than

two-thirds of the total number of votes of the shareholders who attend the Meeting.

Agenda 7 To consider and approve the appointment of the auditors and the determination of the

remuneration of the auditors for the year 2016

Background Information The Audit Committee is of an opinion that the current auditors are

independent and have satisfactory work performance as well as they can support the Company’s business

operation to be more efficient, and then proposed to the Board of Directors for consideration in order to propose to

the shareholders’ meeting to consider the appointment of the auditors from PricewaterhouseCoopers ABAS Ltd.

to be the auditors of the Company for the fiscal year ended 31 December 2016, namely:

1. Ms. Amornrat Pearmpoonvatanasuk Certified Public Accountant No. 4599, and/or

2. Mr. Prasit Yuengsrikul Certified Public Accountant No. 4174, and/or

3. Mr. Somchai Jinnovart Certified Public Accountant No. 3271 and/or

4. Mr. Vichien Khingmontri Certified Public Accountant No. 3977

The proposed auditors do not have the relationship or conflict of

interest with the Company, the subsidiaries, the executives, the major shareholders or their related parties so the

auditors shall be independent for reviewing and giving their opinions to the Company’s financial statements.

\...............In this regard……………



In this regard, Ms. Amornrat Pearmpoonvatanasuk is the auditor who has

been executing the Company’s financial statements for 2 years since 2014 while Mr. Prasit Yuengsrikul, Mr. Somchai

Jinnovart and Mr. Vichien Khingmontri have never executed the Company’s financial statements.

In case such auditors could not perform the work as the Company’s

auditors, the audit firm shall provide other certified public accountants to carry out the work. And determined their

remuneration to be Baht 3,018,125 (Three Million Eighteen Thousand One Hundred and Twenty Five Baht), whereby

such remuneration includes the service in preparing an auditor report of the financial statements and the review of

the quarterly financial statements of the Company. In this regard, the remuneration of the auditors is increased

from that of last year in an amount of Baht 424,625 (Four Hundred Twenty Four Thousand Six Hundred and Twenty-

Five Baht) or equivalent to 16.37 percent according to the increase of the Company’s trade volume.

The information regarding the remuneration of the auditors for the year 2015 for consideration is as follows:

Fee Year 2015 Year 2014

Annual auditing fee (Baht) 2,432,000 2,121,000

Fee for reviewing the quarterly financial statements (Baht) 586,125 472,500

Total 3,018,125 2,593,500

Board of Directors’ Opinion The shareholders’ meeting should approve the appointment of the

auditors from PricewaterhouseCoopers ABAS Ltd. to be the auditors of the Company for the fiscal year ended 31

December 2016 with the remuneration in the amount of Baht 3,018,125 (Three Million Eighteen Thousand One

Hundred and Twenty Five Baht), whereby such remuneration includes the service in preparing an auditor report of

the financial statements and the review of the quarterly financial statements of the Company, namely:

1. Ms. Amornrat Pearmpoonvatanasuk Certified Public Accountant No. 4599, and/or

2. Mr. Prasit Yuengsrikul Certified Public Accountant No. 4174, and/or

3. Mr. Somchai Jinnovart Certified Public Accountant No. 3271 and/or

4. Mr. Vichien Khingmontri Certified Public Accountant No. 3977

In case such auditors could not perform the work as the Company’s

auditors, the audit firm shall provide other certified public accountants to carry out the work.



\...............Agenda 8 To consider……………



Agenda 8 To consider and approve the procurement of the directors and officers liability insurance

Background Information The Board of Directors has proposed to the shareholders’ meeting to

consider and approve the procurement of the Company’s directors and officers liability insurance to protect the

directors and executives in performing duties with limit of liability of Baht 300 million (Three Hundred Million Baht),

and entrusted Mr. Pitak Ratchakitprakarn and/or Mr. Rangsun Puangprang to have the power to contact, negotiate,

and to take any action necessary in order to finalize a conclusion regarding conditions and details of the

procurement of the said insurance for proposing to the shareholders.

Board of Directors’ Opinion The shareholders’ meeting should approve the procurement of the

directors and officers liability insurance with limit of liability of Baht 300 million (Three Hundred Million Baht), and

the authorization of Mr. Pitak Ratchakitprakarn and/or Mr. Rangsun Puangprang to have the power to contact,

negotiate, and to take any action necessary in order to finalize a conclusion regarding conditions and details of the

procurement of the said insurance for proposing to the shareholders for consideration and approval.

Required Votes The resolution in this Agenda shall comprise a vote of not less than

two-thirds of the total number of votes of the shareholders who attend the Meeting.

Agenda 9 To consider other matters (if any).

You are cordially invited to attend this Meeting at the date, time and venue stated above. The registration

for the Meeting will begin at 12.00 p.m. onwards. For the shareholders who wish to attend the Meeting, please

present your identification card or valid document with your photo issued by governmental authorities before

attending the Meeting.

If you cannot attend the Meeting and wish to appoint another person to attend and vote at the Meeting on

your behalf, please complete and execute one of the enclosed Proxy Forms as attached herewith in Enclosure

No. 5 or you can download the Proxy Forms at www.ptgenergy.co.th, and affix with stamp duty. The duly

completed and executed Proxy Form, affixed with the stamp duty, must be submitted to the Chairman of the

Meeting (the “Chairman”) and/or the person designated by the Chairman prior to attending the Meeting, provided

that the proxy shall present the documents of identification to verify his right to attend the Meeting as per the

details in Enclosure No. 6.

In case you are unable to attend the Meeting by yourself and wish to appoint one of the Company’s

Independent Directors to vote on your behalf, please complete and execute the Proxy Form appointing Mr. Supote

Pitayapongpat, the Company’s Director, Chairman of the Audit Committee, Chairman of the Corporate Governance

Committee and Independent Director as a proxy, and submit the said completed and executed Proxy Form, affixed

with the stamp duty, together with the supporting documents to “Company Secretary Department” at PTG Energy

Public Company Limited, No. 90 Cyberworld Building, Tower A (33rd Floor), Ratchadaphisek Road, Huaykwang Sub-

District, Huaykwang District, Bangkok 10310, Thailand or PO. Box No. 15 Thai Life Insurance 10326, by 20 April 2016,

or at the place of the Meeting before the Meeting starts. The details and biographies of the said Independent

Director appear in Enclosure No. 7.

\...............For shareholders’ rights……………



For shareholders’ rights and benefits, please read the registration conditions, documents to be presented

prior to attending the shareholders’ meeting, proxy and voting and the Company’s Articles of Association in relation

to the shareholders’ meeting in Enclosures No. 6 and 8. Should you have any query or question regarding the proxy

appointment, please contact the “Company Secretary Department” at Tel No. 0 2168 3377 or 0 2168 3388

during the office hours. If any shareholder wishes to receive the annual report (Form 56-2) in a hard copy form,

please inform your full name, including place of delivery, to the “Investor Relation” at e-mail: [email protected] or

Fax No. 0 2168 3379

Yours sincerely,

Pol. Gen.

( Soontorn Saikwan )


- 13 - Enclosure No. 1

(Translation)

Minutes of Extraordinary General Meeting of Shareholders No. 1/2016

of

PTG Energy Public Company Limited

held on 15 January 2016

at Meeting Room 1-2, Queen Sirikit National Convention Center, No. 60, New Ratchadapisek Road,

Khlong Toei Sub-district, Khlong Toei District, Bangkok

Preliminary Proceedings

The Meeting Facilitator informed the Meeting of the current corporate information of PTG Energy Public

Company Limited (the “Company”), as follows:

• Registered Capital: Baht 1,670,000,000.00

• Paid-up Capital: Baht 1,670,000,000.00

• Divided into: 1,670,000,000.00 ordinary shares

• Par value per share of: Baht 1.00

In the meeting today, there were a total of 318 shareholders attending the Meeting in person and by

proxy, representing 1,142,642,342 shares or equivalent to 68.4216 percent of the total issued shares of the

Company. The quorum was thus constituted.

To ensure that the Meeting is to be conducted in compliance with good corporate governance principles

with respect to voting in the Meeting, the Meeting Facilitator informed the Meeting of the procedures for voting

and the counting of the votes as follows:

1) For voting in the Meeting, a shareholder will have the number of votes equivalent to the

number of shares he/she holds in the Company, whereby one share is equivalent to one vote.

2) The shareholders attending the Meeting in person or the proxies, appointed in the form

prescribed by law, will cast their votes in accordance with the following procedures:

2.1) Before voting on each agenda item, the shareholders will sign their names on the

ballot cards for the purpose of transparency in voting.

2.2) With respect to voting on all agenda items, if no shareholder votes for disapproval

or abstention, the vote will be treated as the approval or consent of the relevant proposed agenda item in

accordance with the combined number of votes. If a shareholder votes for disapproval or abstention, he/she will

mark his/her ballot card and raise his/her hand to signify to the staff to collect the relevant ballot card.

\...............2.3) For the counting...............


2.3) For the counting of votes, the Company will deduct the number of ballots with a

vote of disapproval or abstention from the total number of votes. The remaining votes shall be considered as

votes of approval. A shareholder who votes to approve each agenda item shall keep his/her ballot card and

return it to the Company’s staff after the Meeting.

In this regard, the voting in this Meeting shall be conducted openly, not by the method

of secret ballot, but all ballots will be collected for transparency purposes.

2.4) Any votes cast in the following manner shall be considered invalid:

- A ballot card that is filled with more than one mark in the space provided;

- A ballot card that casts a vote expressing conflict of intent; and

- A ballot card with a vote that has been crossed out with no signature.

A shareholder who wishes to correct his/her vote on the voting ballot should cross out

the existing vote on the voting ballot and affix his/her signature thereto.

3) If a shareholder has exercised his/her rights though Proxy Form B or C, to assign another

person to attend the Meeting, or granted a proxy to a director or an independent director to vote on his/her

behalf, and determined that the proxy vote in accordance with such shareholder’s intention or the proxy’s

intention, the Company will count such vote in accordance with the intention of the shareholder or the proxy.

In the case of a foreign shareholder who has appointed a custodian in Thailand to be a share

depository and custodian, may divide his/her shares into approval, disapproval, or abstention on each agenda

item, with the number of votes to be separated equivalent to the number of shares he/she holds.

4) For voting in this shareholders’ meeting, it shall be deemed that one share is entitled to one

vote.

4.1) In considering Agenda Item 1, the resolution must be passed by a majority vote of

the shareholders attending the Meeting and casting their votes.

4.2) In considering Agenda Item 2, the resolution must be passed by votes of no less

than three-quarters of the total votes cast by the shareholders attending the Meeting and eligible to vote,

without counting the votes cast by the interested shareholders.

4.3) In considering Agenda Item 3, the resolution must be passed by votes of no less

than three-quarters of the total votes cast by the shareholders attending the Meeting and eligible to vote.

5) A shareholder who wishes to leave the Meeting before the Meeting has been adjourned or

who is not present in the meeting room during any agenda item, can exercise his/her rights by submitting the

voting ballot to the staff of the Company in advance before he/she leaves the meeting room.

6) With respect to the vote counting in the Meeting, a representative, Miss Pattarapa

Pattanaporn, of Weerawong, Chinnavat & Peangpanor Ltd., the Legal Advisor, will act as the witness of the vote

counting.

\...............7) Before casting a vote...............


7) Before casting a vote on each agenda item, the Chairman will allow the persons attending

the Meeting to raise questions relevant to that agenda item as appropriate. The shareholders who wish to raise

questions are requested to state their names and surnames before raising questions or expressing opinions on

each occasion.

A shareholder who has any question or wishes to give his/her opinions irrelevant to the agenda

item under discussion is hereby requested to raise such question or express his/her opinions in the agenda item

regarding other matters at the end of the Meeting. Questions raised or opinions expressed should be brief and

not repetitive, in order that other shareholders will also be able to exercise their rights. The shareholders are

requested to give their cooperation to ensure that the Meeting be conducted smoothly and within the specified

time frame.

Subsequently, the Meeting Facilitator introduced directors, executives, and advisors attending

the Meeting, as follows:

Directors:

1) Pol. Gen. Soontorn Saikwan Chairman of the Board of Directors, and Independent Director

2) Mr. Supote Pitayapongpat Director, Chairman of the Audit Committee, Chairman of the

Corporate Governance Committee and Independent Director

3) Mr. Pitak Ratchakitprakarn Director, Member of the Executive Committee, Chairman of

the Risk Management Committee, President and Chief

Executive Officer

4) Mrs. Chatkaew Gajaseni Director, and Member of the Executive Committee

5) Mrs. Lertlak Nadtasomboon Director

6) Mr. Pongsak Vachirasakpanich Director, and Member of the Executive Committee

7) Assoc. Prof. Dr. Wanchai

Rattanawong

Director, Member of the Audit Committee, Member of the

Corporate Governance Committee and Independent Director

8) Mr. Manit Nithiprateep Director

9) Mr. Rangsun Puangprang Director, Member of the Executive Committee, Member of

the Risk Management Committee and Executive Vice

President

In this regard, the director who was absent from the Meeting was Mr. Thien Mekanontchai, Director, Member of

the Audit Committee, Member of the Corporate Governance Committee, and Independent Director, owing to

health problems.

\...............Executives:...............


Executives:

1) Ms. Nattisa Pongtaranont Executive Vice President

2) Mrs. Sukwasa Pooshutvanitshakul Vice President - Procurement

3) Mr. Thatree Kerdboonsong Vice President - Office of the President

4) Mr. Surasak Songworakulpan Vice President - Office of the President and Acting Vice

President - Human Resources Department

5) Mr. Chaithas Wanchai Vice President - Station Management Department

6) Flt. Lt. Satta Suparp Vice President - Information Technology

7) Mr. Suwatchai Pitakwongsaporn Vice President - Sales Department

8) Mrs. Wipa Boonpalit Vice President - Office of the President

Independent Financial Advisor:

1) Miss Narumol Tantayawit KGI Securities (Thailand) PLC.

Legal Advisor:

1) Miss Patcharaporn Pootranon Weerawong, Chinnavat & Peangpanor Ltd.

Commencement of the Meeting

Pol. Gen. Soontorn Saikwan, the Chairman of the Board of Directors, presided as the Chairman of the

Meeting (the “Chairman”). The Chairman informed the Meeting that in this meeting, the number of shareholders

attending the meeting both in person and by proxy satisfies the requirement on constitution of quorum pursuant

to the Company’s Articles of Association. Therefore, the Chairman declared the meeting convened in order to

consider the matters and businesses set out in the notice of this Extraordinary General Meeting of Shareholders

No. 1/2016 as follows.

Agenda Item 1: To consider and adopt the Minutes of the 2015 Annual General Meeting of Shareholders

convened on 24 April 2015

- The Chairman proposed that the Meeting adopt the Minutes of the 2015 Annual General Meeting of

Shareholders which was convened on 24 April 2015. The details of which are set out in the copy of the Minutes

of the 2015 Annual General Meeting of Shareholders delivered to all shareholders together with the notice of

this meeting.

Subsequently, the Chairman asked the Meeting whether or not there were any shareholders who wished

to raise any questions or express any opinions.

\...............There were no shareholders...............


There were no shareholders who asked any questions or expressed any additional opinions. The

Chairman proposed that the Meeting adopt the Minutes of the 2015 Annual General Meeting of Shareholders.

Resolution - After due consideration, the Meeting resolved to adopt the Minutes of the 2015

Annual General Meeting of Shareholders which was convened on 24 April 2015, in accordance with the

following votes:

Result No. of votes

(1 share = 1 vote)

Percentage of shareholders

attending the meeting and casting

their votes

Approved 1,143,337,152 100.0000

Disapproved 0 0.0000

Abstained 0 -

Total of 325 shareholders 1,143,337,152 -

Remark: The resolution on this agenda item shall be passed by a majority vote of the

shareholders attending the Meeting and casting their votes.

Agenda Item 2: To consider and approve PTG Logistics Co., Ltd., a subsidiary of the Company, (in which

the Company holds 99.97 percent of the total shares) to acquire 518,000 newly-issued ordinary shares of

AMA Marine Co., Ltd. (at the par value of Baht 100 per share), at the price of Baht 1,200 per share,

representing 32.01 percent of the total issued shares after the capital increase of AMA Marine Co., Ltd.,

totaling Baht 621.60 million

- The Chairman delegated Mr. Rangsun Puangprang to inform the Meeting of the business plan and

details on entering into this transaction.

Before discussing this agenda item, as there were two interested directors, namely, (1) Mr. Pitak

Ratchakitprakarn, and (2) Mrs. Chatkaew Gajaseni, the Chairman asked the two interested directors to leave the

meeting room for the purpose of transparency of the approval.

Mr. Rangsun Puangprang reported to the Meeting of the summary of the business plan, the business

direction of the Company in the future, the future demand for logistics, preliminary details of AMA Marine Co.,

Ltd. (“AMA”), and the shareholding structure in AMA after the acquisition of shares, as well as benefits from

investment in AMA.

\...............In entering into this...............


In entering into this transaction, the Company will allow PTG Logistics Co., Ltd. (“PTGLG”), a subsidiary

of the Company (in which the Company holds 99.97 percent of the shares in PTGLG), to invest in 518,000 newly-

issued shares of AMA (with the par value of Baht 100 per share), at the price of Baht 1,200 per share, representing

32.01 percent of the total issued shares after the capital increase of AMA, totaling Baht 621.60 million, by paying

the full amount in cash. The entering into this transaction constitutes:

(a) A connected transaction of the Company relating to assets and services in accordance with

the Notifications on Connected Transactions, as such transaction is entered into with a connected person of the

Company, i.e. AMA is a juristic person having major shareholders and directors who are close relatives of the

directors of the Company. As such, AMA is a connected person under the Notifications on Connected

Transactions with a transaction value of 16.74 percent of the net tangible asset value of the Company,

calculated based on the Consolidated Financial Statement as at 30 September 2015, which exceeds 3 percent of

the net tangible asset value of the Company.

(b) An asset acquisition transaction in accordance with the Notifications on Acquisition and

Disposal Transactions; this transaction has a maximum transaction value of 8.74 percent, the calculation of which

is based on the total value of consideration based on the Company’s Consolidated Financial Statement as at 30

September 2015. After combining all asset acquisition transactions which have occurred within the past 6 months

before the entering into of this transaction, namely, the leasehold and rental of land paid in advance, the

improvement of land and buildings, tools and equipment used in the petrol stations, tank farms, Max Mart

Convenience Stores, and Punthai Coffee Shops, which represents a transaction value of 12.66 percent, and the

value of this asset acquisition transaction, which represents a transaction value of 8.74 percent, together with the

value of the Company’s asset acquisition transaction within the past 6 months is 21.40 percent, which

constitutes a Class 2 asset acquisition transaction (a transaction with a value of more than 15 percent but less

than 50 percent) under the Notifications on Acquisition and Disposal Transactions, provided that the Company is

required to disclose the information with regard to entering into the transaction to the Stock Exchange and

deliver a notice along with the information memorandum on entering into the transaction to all shareholders.

In addition, the details on the asset acquisition transaction and connected transactions are shown in the

Information Memorandum Concerning Asset Acquisition and Connected Transaction of the Company and

delivered to shareholders together with the invitation to this meeting.

\...............Moreover, the Executive...............


Moreover, the Executive Committee and/or the Executive Vice President, and/or the authorized directors

of the Company in accordance with the Company affidavit, or a person delegated by the Executive Committee

and/or the Executive Vice President and/or the authorized directors of the Company in accordance with the

Company affidavit, shall be authorized to (1) negotiate, enter into agreements, amend, make changes to and affix

his/her signature on various documents and contracts necessary for and relevant to the transaction with AMA; (2)

affix his/her signature on various applications and evidence necessary for and relevant to the transaction with

AMA, and contact and submit applications, requests for waiver, documents and evidence to any agencies or

persons related to the transaction with AMA; and (3) undertake any other acts necessary for or relevant to the

transaction with AMA.

In this regard, Mr. Rangsun Puangprang assigned Miss Narumol Tantayawit, the Independent Financial

Advisor, to explain the appropriateness for entering into the transaction in this agenda item to the shareholders.

Miss Narumol Tantayawit, the Independent Financial Advisor, informed the Meeting of the nature of the

transaction, including the method used in appraising the value of the AMA’s ordinary shares in accordance with

the appraisal methods. The Financial Advisor deemed that the appropriate appraisal method for the shares is the

discounted cash flow approach, by considering the present value of net cash flow of the business to be acquired

in the future, resulting in the better reflection of actual value of the business. The appropriate price range of the

shares is between Baht 1,170.22 – Baht 2,077.07 per share, therefore, the share price on the transaction will be

equivalent to Baht 1,200 per share is appropriate. In addition, the Independent Financial Advisor provided her

opinion on the potential benefits, the risks on entering into the transaction, the additional issues to be

considered by the shareholders, and the reasonableness of the transaction, by comparing the advantages and

disadvantages of the entering into the transaction. In this regard, the details on the opinion of the Independent

Financial Advisor concerning the entering into the transaction are set out in the Opinion of the Independent

Financial Advisor regarding the Entering into of the Asset Acquisition Transaction and Connected Transaction of

PTG Energy Public Company Limited delivered to all shareholders together with the notice of this meeting.

Subsequently, the Chairman asked the Meeting whether or not there were any shareholders who wished

to raise any questions or express any opinions.

Mr. Sakchai Sakulsrimontri, a minor shareholder, asked why the Company had decided to acquire the

shares of AMA through PTGLG, which is the Company’s subsidiary, as opposed to acquiring such shares directly,

considering that if AMA gains profit and is able to pay dividends, the Company will not receive the dividend

payment directly. As a result, the Company must then wait for PTGLG to gain profits and be able to pay

dividends to the Company.

\...............Mr. Rangsun Puangprang...............


Mr. Rangsun Puangprang, a director, clarified that the Company is desirous of acquiring the shares of AMA

through PTGLG because it would like to divide each business separately. The Company operates its logistics

business through PTGLG and plans to expand its business in the future, such as engaging in transportation via

pipelines. In addition, PTGLG also provides transportation services for the Company’s own (internal) petrol

stations. Therefore, it is expected that PTGLG’s business will yield profits in the future. Given that the Company

holds 100 per cent of the shares of PTGLG, as a consequence, the Company has full management power over

PTGLG. He was of the view that if PTGLG’s business yields profits, there should not be any issue with paying

dividends back to the Company.

Mr. Sakchai Sakulsrimontri, a minor shareholder, stated that prior to entering into this transaction, AMA

paid dividends of over Baht 200 million to its existing shareholders. He then asked whether the Independent

Financial Advisor has taken such dividend payment into consideration in valuating the book value of the AMA

shares.

Miss Narumol Tantayawit, the Independent Financial Advisor, clarified that the price of the shares was

valuated by using the Discounted Cash Flow Method, whereby the price range is appropriate. However, such

method has been considered the effect from the declaration of dividend payments.

Mr. Sakchai Sakulsrimontri, asked why the Book Value Method was not used to valuate the price of the

shares, considering that the valuated price (using the Discounted Cash Flow) is significantly less than the valuated

price obtained using other methods. He also asked what the current book value of the shares is and what AMA’s

profitability ratio is.

Miss Narumol Tantayawit, the Independent Financial Advisor, clarified that based on the audited financial

statements of AMA for the year 2014, the book value of AMA was Baht 359.31 per share. The Independent

Financial Advisor has not used the Book Value method in the analysis as the Book Value method is used to

consider the value in specific period and does not reflect the potential profit of AMA in the future.

Mr. Sakchai Sakulsrimontri, a minor shareholder, asked whether the fleet of ships that the Company

acquires will be used for transporting palm oil, and whether the Company plans to sell palm oil.

Mr. Rangsun Puangprang, a director, clarified that the Company plans to expand its business in the future

and is of the view that AMA’s experience may potentially be used to support the Company’s business. The

Company distributes palm oil, i.e. a biodiesel, and not palm oil which is used for cooking.

Mr. Sakchai Sakulsrimontri, a minor shareholder, stated that, at present, the price of petrol is in decline,

and the cost of biodiesel is higher than the cost of other types of petrol available at petrol stations. Therefore,

will the Company gain profits from selling palm oil as biodiesel?

\...............Mr. Rangsun Puangprang...............


Mr. Rangsun Puangprang, a director, clarified that the cost of palm oil which is imported from overseas is

lower than the cost of palm oil which is manufactured domestically, which will lower costs. In addition,

according to State policy, manufacturers are required to mix biodiesel and diesel for distribution. Furthermore,

the formula for determining the selling price of biodiesel is reflective of the domestic price of palm oil. This price

is prescribed and announced by the Ministry of Energy and is independent of the prices of palm oil in other

countries, and is not the market price.

Mr. Sakchai Sakulsrimontri, a minor shareholder, asked that the evaluated price made by the

Independent Financial Advisor referred from the US Dollars to Thai Baht exchange rate for the last 12 months

was average at Baht 33. However, at present, the value of the US Dollar currency is approximately Baht 36 to

USD 1. This is not reflective of the actual value. Therefore, will the aforementioned exchange rate have an

impact on the price of the shares of AMA?

Miss Narumol Tantayawit, the Independent Financial Advisor, clarified that not only is the majority of the

income of AMA in US Dollars, but some costs and expenses are also in US Dollars, which results in a natural

hedge in some part. The value of the US Dollar is approximately Baht 36 to USD 1, which is higher than the

estimation of Baht 33 to USA 1, resulting in an increase of the income of AMA when calculated in Thai Baht. The

evaluation made by the Independent Financial Advisor is conservative.

A minor shareholder asked whether the Company will obtain the entire Baht 621.6 million for acquiring

the AMA shares by means of securing a loan.

Mr. Rangsun Puangprang, a director, clarified that PTGLG will borrow funds as well as undergo a capital

increase in order to obtain sufficient funds for acquiring the shares of AMA. The Independent Financial Advisor

has included the various expenses in the financial cost of the transaction and incorporated the same into the

calculation of the returns.

A minor shareholder asked when the Company will reach the break-even point from this share

acquisition and what the internal rate of returns is.

Mr. Rangsun Puangprang, a director, explained that the Company will reach the break-even point in 8

years, and the internal rate of returns is approximately 17 – 18 per cent.

A minor shareholder asked what the corporate nationality of AMA is, and to what extent is it necessary

for the Company to acquire the AMA shares at this time, as well as whether the eight-year period until the break-

even point is deemed to be worthwhile for the Company.

Mr. Rangsun Puangprang, a director, explained that AMA is the Thai company and if the Company does

not acquire the AMA shares at this time, the Company would have to expand its transportation business and

expand its oil truck fleet in the future. The Company must also construct a number of fuel storage facilities in

compliance with the regulations prescribed by the law, which may become a burden for the Company in the

future. Furthermore, the Company foresees that the aforementioned time period until the breakeven point is

worthwhile for the Company in the long term.

\...............A minor shareholder...............


A minor shareholder asked, considering that the Independent Financial Advisor used a number of

approaches for valuating the price of the shares, what the price of the shares which was used for the

calculations was (for the Discounted Cash Flow Method), and was this method truly appropriate for determining

the price of the AMA shares?

Miss Narumol Tantayawit, the Independent Financial Advisor, explained that a total of four methods

were used to estimate the price of the newly-issued ordinary share of AMA. However, the Independent Financial

Advisor opined that the Discounted Cash Flow Method was the most appropriate approach to be used for

valuation of the price of the AMA shares as already clarified.

A minor shareholder added that, with respect to this transaction, the Independent Financial Advisor

should have explained the method used for valuating the AMA share in more detail, and that the Company

should improve its management potential and always monitor information from its business partners. In addition,

the Company should carefully consider whether to acquire the shares of AMA prior to or after AMA is listed on

the Stock Exchange, given that the shareholders of the Company want to see the Company take on a leadership

position in this business as it had originally intended. The Company should enter into negotiations with AMA in

relation to AMA’s operations in order to achieve joint benefits, such as the dividend payments of AMA prior to

the acquisition of the AMA shares.

The Chairman thanked the shareholders for their comments.

Mr. Nara Sripetch, a minor shareholder, asked whether the business of AMA, whose shares the Company

will acquire, is in decline in comparison with its competitors in the market such as Thoresen Thai Agencies Public

Company Limited (“TTA”), RCL Public Company Limited, or Precious Shipping Public Company Limited, and

whether this industry is in decline. He also asked what benefits the Company foresees it will receive from

acquiring the shares of this business, and if the business is well operated, why the Company does not acquire

the shares more than 32%?

Mr. Rangsun Puangprang, a director, explained that, when comparing the businesses of AMA and TTA,

AMA is not deemed to be a competitor of TTA because TTA engages in a business which primarily focuses on

ships for transporting bulk goods and the transportation of containers, which is different from AMA, which is

primarily focused on the transportation of liquids. The palm oil transportation business for consumption in Asian

which AMA renders its transportation services in such area is getting growth. In addition, China and India trend to

consume palm oil increasingly, whereby AMA plans to expand more of its shipping routes to China and India.

Furthermore, the transportation rate (service fee) that AMA charges its clients is deemed to be a satisfactory

amount. In respect of the acquisition of 32% of shares, the Company intended to acquire more shares and also

negotiated the acquisition of existing shares, however, the seller agreed to sell only the proposed shares.

\...............Mr. Thara Cholpranee...............


Mr. Thara Cholpranee, a minor shareholder, stated that considering that AMA will pay dividends of over

Baht 200 million to the existing shareholders and that the summary of the results of the valuation of the newly-

issued ordinary shares of AMA by using the book value method, i.e. Baht 359.31 per share (as shown on page 40,

Table 24 of the Report of the Independent Financial Advisor), the aforementioned valuation method should also

deduct the aforementioned dividend payment. As such, with respect the Independent Financial Advisor’s

explanation that the discount cash flow method, which already takes into account the dividend payment, was

used to valuate the price of the AMA share, why the valuation of share price by book value method has not

deducted the dividend payments, then calculating the fair price of the share?

Miss Narumol Tantayawit, the Independent Financial Advisor, explained that with respect to the

calculation of the price of the shares, the book value method was used, and this was done based on the most

recent audited financial statements of AMA (2014). The dividend payment by AMA were not included in the

calculations. However, the discounted cash flow method is an approach that gives an estimate of the

operational results and profitability of a business in the future, and the dividend payment of over Baht 200

million was deducted from the estimate. However, if the shareholder will consider the adjustment of the book

value by deducting the expected dividend payments, the estimated total profit in 2015 should be also

considered.


Chairman proposed that the Meeting approve PTG Logistics Co., Ltd., a subsidiary of the Company, (in which the

Company holds 99.97 percent of its shares) to acquire 518,000 newly-issued ordinary shares of AMA Marine Co.,

Ltd. (at the par value of Baht 100 per share), at the price of Baht 1,200 per share, representing 32.01 percent of

the total issued shares after the capital increase of AMA Marine Co., Ltd., totaling Baht 621.60 million.

Resolution - After due consideration, the Meeting resolved to approve PTGLG, a subsidiary of the

Company (in which the Company holds 99.97 percent of the shares) to acquire 518,000 newly-issued

ordinary shares of AMA (with the par value of Baht 100 per share), at the price of Baht 1,200 per share,

representing 32.01 percent of the total issued shares after the capital increase of AMA, totaling Baht

621.60 million; and resolved to authorize the Executive Committee and/or the Executive Vice President,

and/or the authorized directors of the Company in accordance with the Company affidavit, or a person

delegated by the Executive Committee and/or the Executive Vice President and/or the authorized

directors of the Company in accordance with the Company affidavit, to (1) negotiate, enter into

agreements, amend, make changes to and affix his/her signature on various documents and evidence

necessary for and relevant to the transaction with AMA; (2) affix his/her signature on various applications

and evidence necessary for and relevant to the transaction with AMA, and contact and submit

applications, requests for waiver, documents and evidence to any agencies or persons related to the

transaction with AMA; and (3) undertake any other acts necessary for or relevant to the transaction with

AMA, in accordance with the following votes:

\...............Result...............


Result No. of votes

(1 share = 1 vote)


attending the meeting and

eligible to vote

Approved 560,452,240 99.9885

Disapproved 14,201 0.0025

Abstained 50,000 0.0089

Total of 329 shareholders 560,516,441 100.0000

Remark: The resolution on this agenda item shall be passed by votes of no less than three-

quarters of the total votes cast by the shareholders attending the Meeting and eligible to vote, without

counting the vote cast by the interested shareholders.

Agenda Item 3: To consider and approve the issuance of the debentures within the credit line of not

exceeding Baht 4,000 million

- The Chairman delegated Mr. Rangsun Puangprang to inform the Meeting of the details of this agenda

item.

Mr. Rangsun Puangprang explained to the Meeting that the Company wished to issue and offer for sale

the debentures within the credit line of not exceeding Baht 4,000 million or in the equivalent amount in another

currency in accordance with the preliminary details as follows:

Objective : To use in the business operation and business expansion of the Company.

Type : All types and kinds of debentures, subordinate or insubordinate, amortizing or callable, with

or without collateral, with or without a debenture-holder’s representative, or structured

debentures, depending on the appropriateness of the market conditions at each time that

the debentures are issued and offered for sale.

Total value : Not exceeding Baht 4,000 million or in an equivalent amount in another currency. In this

regard, the Company is able to issue and offer for sale additional debentures and/or issue

and offer for sale the debentures in replacement of the existing debentures which have

been redeemed within such credit line. Any debenture issued by the Company at any time

shall have a value not exceeding such credit line.

\...............Offering for sale...............


Offering for sale : To offer for sale on one or several occasions and/or as a project and/or on a revolving basis

within or outside the country, through the public offering and/or private placement and/or

offer to the institutional investors and/or major investors, in whole or in part, which may be

divided into one or several occasions, pursuant to the notifications of the Securities and

Exchange Commission and/or the Office of the Securities and Exchange Commission (the

“SEC Office”) and/or other related regulations which are in force at the time such

debenture is issued and offered for sale.

Interest rate : Depending on the market conditions at the time of issuance and offering for sale of the

debentures, or the terms and conditions of the debentures issued at such time, provided

that such interest rate is in compliance with the notifications of the Securities and Exchange

Commission and/or SEC Office and/or other notifications or related regulations which are in

full force and effect at each time such debentures are issued and offered for sale.

Maturity : Not exceeding 270 days for the short-term debentures, and not exceeding 10 years for the

long-term debentures, depending on the market conditions at the time that the debentures

are issued and offered for sale, or the terms and conditions of the debentures issued at

such time, provided that the same is in compliance with the notifications of the Securities

and Exchange Commission and/or SEC Office and/or other related notifications or

regulations which are in full force and effect at each time such debentures are issued and

offered for sale.

Call redemption : The debenture-holder may or may not have the right to redeem their debentures before

their maturity date, depending on the terms and conditions of each issuance of debentures.

Other

conditions

: The Executive Committee and/or the Chief Executive Officer and the President, or the

person delegated by the Executive Committee and/or the Chief Executive Officer and the

President shall be authorized to:

1) determine the details relevant to the debentures, limitations, and other conditions of the

debentures such as the type or kind of the debentures for each issuance, par value, offering

price for sale, interest rate, appointment of the debenture-holder’s representative, issuance

and offering methods, allocation methods, details on the offering for sale, call redemption,

and listing the debentures on any secondary market (if any), including to determine or

change the conditions and details relating to the issuance and offering for sale of

debentures of each type/kind each time, as well as to be authorized to undertake any act

necessary for and relevant to the completion of issuance and offering for sale of debentures

in accordance with the law;

\...............Other conditions...............


Other

conditions

: 2) appoint a financial advisor and/or the underwriter and/or credit rating institution of the

securities issuer and/or the securities and/or any other person whose appointment is

regulated as required by the relevant rules or in any other cases which the Company deems

appropriate; and

3) deal with, negotiate, execute, and/or amend the Underwriting Agreements or the

Placement Agreement and/or other related agreements and/or documentation, as well as

provide information, submit applications and evidencing documentation to the SEC Office

and/or other agencies or persons related to the issuance and offering of such debentures,

including the undertaking of any act relevant to or necessary for such transaction as it

deems appropriate.

The Chairman asked the Meeting whether or not there were any shareholders who wished to raise any

questions or express any opinions.

Mr. Sakchai Sakulsrimontri, a minor shareholder, stated that the Company plans to issue debentures of

not exceeding Baht 4,000 million, Baht 600 million of which will be used for acquiring the shares of AMA. What

are the Company’s plans for the use of the remaining funds and what is the interest rate for such debentures?

Mr. Rangsun Puangprang, a director, explained that the Company has yet to determine the interest rate

for the debentures to be issued, and with respect to the credit facility, the Company plans to gradually issue

debentures according to its financial needs.

Mr. Sakchai Sakulsrimontri, a minor shareholder, asked for additional details on the obligations under the

Land and Structure Lease Agreement with a value of approximately Baht 3,000 million which is due to expire in

2043. He also asked for details on the Company’s policy on land acquisition and whether, when comparing

between buying and leasing land on a long-term basis, which of the two is more worthwhile?

Mr. Pitak Ratchakitprakarn, a director, explained that the obligations under the Land and Structure Lease

Agreement of the Company is a case in which the Company leased a petrol station. All of the obligations are

specified in the said Lease Agreement. The Company later changed the conditions of the lease from a short term

lease of three years to a term of over ten years. This is a transaction which involves the Company’s subsidiary

and is in compliance with the accounting standards in relation to expenses that will be incurred in the future.

With respect to the Company’s acquisition of land and leasing of land, given that the Company leases the

majority of its land on a long-term basis because the land owners do not wish to sell their lands, even if a

number of land owners are willing to sell their lands, the Company foresees that buying such parcels of land will

not be worthwhile due to the high prices. Such prices will not be worth the costs involved in operating petrol

stations. Therefore, leasing parcels of land for terms of between 15 and 20 years is a much more worthwhile

investment approach. However, if certain petrol stations are situated in good locations and the Company is of

the view that buying such parcels of land will generate benefits and be more worthwhile for the Company when

compared with leasing the land, the Company will acquire such land.

\...............The Company plans...............


The Company plans to expand its business in Bangkok and the Bangkok metropolitan area such as Nonthaburi

Province, Pathumthani Province, and Samut Prakan Province, i.e. a total of four provinces, comprising

approximately 25 – 30 percent of the market share. The Company is focused on making consumers in Bangkok

and the provinces surrounding Bangkok (three additional provinces) familiar with PT brand.

Mr. Sakchai Sakulsrimontri, a minor shareholder, asked for details on the palm oil business operations of

the Company, as well as its future projects relating to the palm oil business.

Mr. Pitak Ratchakitprakarn, a director, explained that the Company has yet to begin manufacturing palm

oil, but that its first palm oil project is called the Palm Oil Complex Project. The Company expects that it will be

able to manufacture consumable oils for distribution in approximately 1.5 – 2 years. The Company believes that,

by that time, it will operate not less than 2,000 petrol stations under the PT brand, and that such consumable

oils will be made available for sale at those petrol stations. It also believes that it will have established various

sales promotion programs, for example, those who re-fuel petrol at the stations can also buy the consumable

oils, or members holding a Max Card can collect points, which can then be used to purchase consumable oils

manufactured by and under the PT brand.

A minor shareholder requested clarification on the funds obtained from the issuance of the debentures

of Baht 4,000 million, which the Company mentioned earlier that it plans to use for other investments. The

minor shareholder was aware that the Company acquired shares in Fuel Pipeline Transportation Co., Ltd (“FPT”),

which is one of the subsidiaries of Bangkok Aviation Fuel Services Public Company Limited (“BAFS”), and

requested further information on the oil depot in Phitsanulok Province and the plans for the expansion of oil

depots of the Company.

Mr. Pitak Ratchakitprakarn, a director, explained that with respect to the expansion of the Company’s

investments, the Company will use the funds obtained from the issuance of the debentures for acquiring the

AMA shares. The Company will also acquire 9.55 percent of the total number of shares of FPT, i.e. a total of Baht

398.35 million, whereby the Company has already informed the Stock Exchange of its intentions. With respect to

the oil depots, the Company has an oil depot in Phitsanulok Province. However, the transportation of oil via

pipelines will be an extension of the pipes located in Bang Pa In District in Ayudhya Province, whereby the first

pipe will be located in Pichit Province, and the second pipe will be an extension from Pichit Province leading

towards Lampang Province.


Chairman proposed that the Meeting approve the issuance of the debentures within the credit line of not

exceeding Baht 4,000 million.

\...............Resolution...............


Resolution - After due consideration, the Meeting resolved to approve the issuance and offering for sale

of the debentures within the credit line of not exceeding Baht 4,000 million or in an equivalent amount in

another currency, as proposed in all respects, in accordance with the following votes:

Result No. of votes

(1 share = 1 vote)


attending the meeting and

eligible to vote

Approved 1,141,891,260 99.7814

Disapproved 2,451,100 0.2141

Abstained 50,000 0.0043

Total of 349 shareholders 1,144,392,360 100.0000

Remark: The resolution on this agenda item shall be passed by votes of no less than three-

quarters of the total votes cast by the shareholders attending the Meeting and eligible to vote.

Agenda Item 4: To consider other matters (if any)

The Chairman asked the Meeting whether or not there were any shareholders who wished to raise any

questions or express any opinions.

No shareholders raised any additional questions or expressed any additional opinions. The Chairman,

therefore, expressed his appreciation to all shareholders and the Company’s advisors for attending the Meeting,

and declared the Meeting adjourned.

The Meeting was adjourned at 15.30 hrs.

Pol. Gen.

( Soontorn Saikwan )


( Mr. Rangsun Puangprang )

The recorder of the Meeting

and the secretary to the Company


Biographies of the nominated directors to be elected to replace the directors who retired by rotation

Name - Surname Police General Soontorn Saikwan

Age 72 years

Current Positions Chairman of the Board of Directors


Highest Education Master of Arts in Political Science

Ramkhamhaeng University

Work Experiences

(5 years past experiences)

2013 - Present Chairman of the Board of

Directors

Millcon Burapa

Co., Ltd.

2013 - Present Vice Chairman of the Board

of Directors

Member of the Independent

Director

Millcon Steel

Public Company Limited

2005 - Present Member of the Independent

Director

Vanachai Group


Thai IOD Courses - DCP Class 201/2015 Thai Institute of Directors

- MFM Class 9/2013 Thai Institute of Directors

- MIA Class 15/2013 Thai Institute of Directors

- MFR Class 18/2013 Thai Institute of Directors

- MIR Class 14/2013 Thai Institute of Directors

- ACP Class 42/2013 Thai Institute of Directors

- DAP Class 41/2005 Thai Institute of Directors

Years on the Board of Directors 27 April 2012 - Present

Type of Director to be Appointed Director



Positions in Other Companies Listed companies 2 Companies

Millcon Steel Public Company

Limited

Vice Chairman of the Board

Of Directors


Vanachai Group



Other companies 1 Companies

Millcon Burapa Co., Ltd.

Chairman of the Board of

Directors

Rival companies or other

companies which have

businesses related to the

Company and may

conflict with the Company’s

beneficial interest

- None

Meeting Attendance of the Year

2015

The Board of Directors’ Meeting : 11/11 times

Conflict of Interest in the AGM’s

Agenda

Having a conflict of interest in the agenda to consider and approve the

determination of the remuneration of the directors for the year 2016

Shareholding Ratio in the Company

as of 31 December 2015

None

Criminal Record During the Past

10 Years

None

Relationship between the

Executive's Family and the

Company

None

Conflict of Interest with the

Company/its Parent Company/

Subsidiary Company/Associate

Company or Any Juristic Person

that May Have Current Conflict

or During the Past 2 Years

1. Being/Not being an executive director, employee, staff or

advisor who receives salary

No

2. Being/Not being a provider of the professional services

(e.g. financial advisor, legal advisor)

No

3. Having/Not Having a business relationship in the manner which

may interfere with his independent judgement

(e.g. purchase/sale of raw material/product/ service/ borrowing/

lending)

No



Name - Surname Assoc. Prof. Dr. Wanchai Rattanawong

Age 53 years

Current Positions Director


Member of the Corporate Governance Committee Member of the Nomination and Remuneration Committee


Highest Education Ph.D. (Manufacturing Engineering)

Swinburne University of Technology, Melbourne, Australia

Work Experiences


2012 - 2015 Dean of Engineering Faculty

and Director of Logistics

Research and Development

Institute

University of Thai

Chamber of Commerce

2011 - Present Director New-Frontier Consultants

Co., Ltd.

2008 - 2011 Vice President for Planning

and Development and

Director of Logistics Research

and Development Institute

University of Thai

Chamber of Commerce

Thai IOD Courses - DCP Class 201/2015 Thai Institute of Directors

- AACP Class 16/2014 Thai Institute of Directors

- DAP Class 110/2014 Thai Institute of Directors

Years on the Board of Directors 24 April 2014 - Present







Positions in Other Companies Listed companies - None

Other companies 2 Companies

New-Frontier Consultants

Co., Ltd.

Director

University of Thai Chamber of

Commerce




Company and may conflict

with the Company’s beneficial

interest

- None

Meeting Attendance of the Year

2015


The Audit Committee’s Meeting : 9/9 times

The Corporate Governance

Committee’s Meeting

: 3/3 times


Agenda




as of 31 December 2015

Holding 6,000 shares

Equivalent to 0.0004 percent of the total issued shares


10 Years

None



Company

None









No



No




lending)

No



Name - Surname Mr. Vuthichai Duangratana

Age 60 years


Member of the Audit Committee Member of the Nomination and Remuneration Committee


Highest Education Ph.D. Politique

Universite de PARIS

Work Experiences


2013 - Present Deputy Permanent Secretary Ministry of Commerce

2013 - 2013 Inspector General Ministry of Commerce

2010 - 2013 Deputy Director-General of

International Trade

Promotion Department

Ministry of Commerce

2010 - 2010 Deputy Director-General of

Trade Director-General of

Trade Negotiations

Department

Ministry of Commerce

2003 - 2010 Executive Director of Thai

Trade Paris, France

-

1995 - 2003 Director of Thai Trade Center

Milan, Italy

-

Thai IOD Courses DCP Class 198/2014 Thai Institute of Directors

Years on the Board of Directors 29 January 2016 - Present







Other companies - None






interest

- None

Meeting Attendance for the year

2016



Member of the Nomination and

Remuneration Committee

: None


Agenda




as of 29 February 2016




10 Years

None



Company

None









No



No




lending)

No


Definition of the Independent Directors

The Company has defined the definition of the Independent Directors which have the qualifications

pursuant to the notification of the Capital Market Supervisory Board, the Stock Exchange of Thailand and the

relevant regulations as follows:

1. Holding shares not exceeding 1 (One) percent of the total number of shares with voting rights of

the Company, its parent company, subsidiary company, associate company, major shareholder or controlling

person of the Company, including shares held by related persons of such Independent Director;

2. Neither being nor used to be an executive director, employee, staff, advisor who receives salary, or

controlling person of the Company, its parent company, subsidiary company, associate company, same-level

subsidiary company, major shareholder or controlling person of the Company, unless the foregoing status has

ended not less than two years prior to the appointment. Such prohibited characteristic shall not include the

case where the Independent Director used to be a government official or advisor of a government unit which is a

major shareholder or controlling person of the Company;

3. Not being a person related by blood or legal registration as father, mother, spouse, sibling, and

child, including spouse of child, of other director, executive, major shareholder, controlling person, or person to

be nominated as director, executive or controlling person of the Company or its subsidiary company;

4. Neither having nor used to have a business relationship with the Company, its parent company,

subsidiary company, associate company, major shareholder or controlling person of the Company, in the manner

which may interfere with his independent judgement, and neither being nor used to be a significant shareholder

or controlling person of any person having a business relationship with the Company, its parent company,

subsidiary company, associate company, major shareholder or controlling person of the Company, unless the

foregoing relationship has ended not less than two years prior to the appointment;

The term “business relationship” under the first paragraph shall include any normal business

transaction, rental or lease of immovable property, transaction relating to assets or services or granting or receipt

of financial assistance through receiving or granting loans, guarantee, providing assets as collateral, and any other

similar actions, which result in the Company or its counterparty being subject to indebtedness payable to the

other party in the amount of three percent or more of the net tangible assets of the Company or twenty million

baht or more, whichever is lower. The amount of such indebtedness shall be calculated according to the

method for calculation of value of connected transactions under the Notification of the Capital Market

Supervisory Board governing rules on connected transactions mutatis mutandis. The consideration of such

indebtedness shall include indebtedness occurred during the period of one year prior to the date on which the

business relationship with the person commences;

\...............5. Neither being……………


5. Neither being nor used to be an auditor of the Company, its parent company, subsidiary company,

associate company, major shareholder or controlling person of the Company, and not being a significant

shareholder, controlling person, or partner of an audit firm which employs auditors of the Company, its parent

company, subsidiary company, associate company, major shareholder or controlling person, unless the foregoing

relationship has ended not less than two years prior to the appointment;

6. Neither being nor used to be a provider of any professional services, including those as legal advisor

or financial advisor who receives service fees exceeding two million baht per year from the Company, its parent

company, subsidiary company, associate company, major shareholder or controlling person of the Company, and

not being a significant shareholder, controlling person or partner of the provider of professional services, unless

the foregoing relationship has ended not less than two years prior to the appointment;

7. Not being a director appointed as representative of director of the Company, major shareholder or

shareholder who is related to major shareholder;

8. Not carrying out any business in the same nature and in competition to the business of the

Company or its subsidiary company or not being a significant partner in a partnership or being an executive

director, employee, staff, advisor who receives salary or holding shares exceeding 1 (one) percent of the total

number of shares with voting rights of other company which carries out business in the same nature and in

competition to the business of the Company or its subsidiary company;

9. Not having any other characteristics which cause the inability to express independent opinions with

regard to the Company’s business operations;

After being appointed as Independent Director with the qualifications under (1) to (9), the Independent

Director may be assigned by the Board of Directors of the Company to take part in the business decision of the

Company, its parent company, subsidiary company, associate company, same-level subsidiary company, major

shareholder or controlling person of the Company, provided that such decision shall be in the form of collective

decision.

- 37 - ส่ิงท่ีส�งมาด�วยลําดับท่ี 5 Enclosure No. 5

แบบหนังสือมอบฉันทะ แบบ ก.

Proxy Form A.

(แบบท่ัวไปซ่ึงเป!นแบบท่ีง#ายไม#ซับซ&อน)

(General Form)

ท�ายประกาศกรมพัฒนาธุรกิจการค�า เรื่อง กําหนดแบบหนังสือมอบฉันทะ (ฉบับท่ี 5) พ.ศ. 2550 Ref: Notification of Department of Business Development regarding Proxy Form (No. 5) B.E. 2550

---------------------

เขียนท่ี Written at วันท่ี เดือน พ.ศ. Date Month Year

(1) ข�าพเจ�า สัญชาติ I/We Nationality

อยู�บ�านเลขท่ี ถนน ตําบล/แขวง Residing at Road Tambol/Khwaeng อําเภอ/เขต จังหวัด รหัสไปรษณีย^ Amphur/Khet Province Postal Code

(2) เปaนผู�ถือหุ�นของ บริษัท พีทีจี เอ็นเนอยี จํากัด (มหาชน) being a shareholder of PTG Energy Public Company Limited

โดยถือหุ�นจํานวนท้ังส้ินรวม หุ�น และออกเสียงลงคะแนนได�เท�ากับ เสียง ดังน้ี holding the total number of shares, and having the right to vote equivalent to votes as follows:

หุ�นสามัญ หุ�น ออกเสียงลงคะแนนได�เท�ากับ เสียง ordinary share of shares, having the right to vote equivalent to votes,

หุ�นบุริมสิทธิ หุ�น ออกเสียงลงคะแนนได�เท�ากับ เสียง preferred share of shares, having the right to vote equivalent to votes.

(3) ขอมอบฉันทะให� Hereby appoint:

(1) อายุ ปi อยู�บ�านเลขท่ี Name age years, residing at ถนน ตําบล/แขวง อําเภอ/เขต Road Tambol/Khwaeng Amphur/Khet จังหวัด รหัสไปรษณีย^ หรือ Province Postal Code , or


(ปjดอากรแสตมปk 20 บาท) (Duty Stamp Baht 20)



(4) นายสุพจน̂ พิทยพงษ̂พัชร^ อายุ 75 ปi ตําแหน�ง กรรมการบริษัท, ประธานกรรมการตรวจสอบ, ประธานกรรมการกํากับดูแลกิจการ และกรรมการอิสระ อยู�บ�านเลขท่ี 102/209 หมู�ท่ี 6 ตําบลบางรักพัฒนา อําเภอบางบัวทอง จังหวัดนนทบุรี 11110 Mr. Supote Pitayapongpat Age 75 years Positions Director, Chairman of the Audit Committee, Chairman of the Corporate Governance Committee and independent director, Residing at 102/209, Moo 6, Tumbol Bangrak Pattana Amphur Bangbuathong, Nonthaburi 11110 ส�วนได�เสียในวาระท่ีเสนอในการประชุมครั้งน้ี : มีส�วนได�ส�วนเสียในวาระพิจารณาอนุมัติการกําหนดค�าตอบแทนกรรมการ ประจําปi 2559 Conflict of interest in the Agenda proposed to the Meeting : having conflict of interest in the Agenda To consider and approve the determination of the remuneration of the directors for the year 2016.

คนหน่ึงคนใดเพียงคนเดียวเปaนผู�แทนของข�าพเจ�าเพ่ือเข�าประชุม และออกเสียงลงคะแนนแทนข�าพเจ�าในการประชุมใหญ�สามัญผู�ถือหุ�น ประจําปi 2559 ในวันศุกร̂ที่ 22 เมษายน 2559 เวลา 14.00 นาฬิกา ณ ห�อง Meeting Room 3-4 ศูนย̂การประชุมแห�งชาติสิริกิติ์ เลขที่ 60 ถนนรัชดาภิเษกตัดใหม� แขวงคลองเตย เขตคลองเตย กรุงเทพมหานคร หรือท่ีจะพึงเล่ือนไปในวัน เวลา และสถานท่ีอื่นด�วย any one of them to be my/our proxy to attend and vote on my/our behalf at the Annual General Meeting of Shareholders for the Year 2016 on Friday 22 April 2016 at 2.00 p.m. at Meeting Room 3-4, Queen Sirikit National Convention Center, No. 60, New Rachadapisek Road, Klongtoey Sub-District, Klongtoey District, Bangkok or any adjournment at any date, time and place thereof.

กิจการใดท่ีผู�รับมอบฉันทะกระทําไปในการประชุมน้ัน ให�ถือเสมือนว�าข�าพเจ�าได�กระทําเองทุกประการ Any acts performed by the proxy at the said meeting shall be deemed as having been carried out by myself/ourselves in all respects.

ลงช่ือ/signed ผู�มอบฉันทะ/Grantor

( )

ลงช่ือ/signed ผู�รับมอบฉันทะ/Proxy

( )


( )


( )

หมายเหตุ/Remark ผู�ถือหุ�นท่ีมอบฉันทะจะต�องมอบฉันทะให�ผู�รับมอบฉันทะเพียงรายเดียวเปaนผู�เข�าประชุม และออกเสียงลงคะแนน ไม�สามารถแบ�งแยกจํานวนหุ�น ให�ผู�รับมอบฉันทะหลายคนเพ่ือแยกการลงคะแนนเสียงได� The shareholder appointing the proxy must authorize only one proxy to attend and vote at the meeting and may not split the number of shares to several proxies for splitting votes.


แบบหนังสือมอบฉันทะ แบบ ข. Proxy Form B.

(แบบท่ีกําหนดรายการต#างๆ ท่ีจะมอบฉันทะท่ีละเอียดชัดเจนตายตัว) (Proxy Form containing specific details)

ท�ายประกาศกรมพัฒนาธุรกิจการค�า เรื่อง กําหนดแบบหนังสือมอบฉันทะ (ฉบับท่ี 5) พ.ศ. 2550 Ref: Notification of Department of Business Development regarding Proxy Form (No. 5) B.E. 2550

---------------------


(1) ข�าพเจ�า สัญชาติ I/We Nationality

อยู�บ�านเลขท่ี ถนน ตําบล/แขวง Residing at Road Tambol/Khwaeng อําเภอ/เขต จังหวัด รหัสไปรษณีย^ Amphur/Khet Province Postal Code

(2) เปaนผู�ถือหุ�นของ บริษัท พีทีจี เอ็นเนอยี จํากัด (มหาชน) being a shareholder of PTG Energy Public Company Limited

โดยถือหุ�นจํานวนท้ังส้ินรวม หุ�น และออกเสียงลงคะแนนได�เท�ากับ เสียง ดังน้ี holding the total number of shares, and having the right to vote equivalent to votes as follows: หุ�นสามัญ หุ�น ออกเสียงลงคะแนนได�เท�ากับ เสียง ordinary share of shares, having the right to vote equivalent to votes,

หุ�นบุริมสิทธิ หุ�น ออกเสียงลงคะแนนได�เท�ากับ เสียง preferred share of shares, having the right to vote equivalent to votes.

(3) ขอมอบฉันทะให� Hereby appoint

(1) อายุ ปi อยู�บ�านเลขท่ี Name age years, residing at

ถนน ตําบล/แขวง อําเภอ/เขต Road Tambol/Khwaeng Amphur/Khet จังหวัด รหัสไปรษณีย^ หรือ Province Postal Code , or



(ปjดอากรแสตมปk 20 บาท) (Duty Stamp Baht 20)




(4) นายสุพจน̂ พิทยพงษ̂พัชร^ อายุ 75 ปi ตําแหน�ง กรรมการบริษัท, ประธานกรรมการตรวจสอบ, ประธานกรรมการกํากับดูแล กิจการ และกรรมการอิสระ อยู�บ�านเลขท่ี 102/209 หมู�ท่ี 6 ตําบลบางรักพัฒนา อําเภอบางบัวทอง จังหวัดนนทบุรี 11110

Mr. Supote Pitayapongpat Age 75 years Positions Director, Chairman of the Audit Committee, Chairman of the Corporate Governance Committee and independent director, Residing at 102/209, Moo 6, Tumbol Bangrak Pattana Amphur Bangbuathong, Nonthaburi 11110 ส�วนได�เสียในวาระท่ีเสนอในการประชุมครั้งน้ี : มีส�วนได�ส�วนเสียในวาระพิจารณาอนุมัติการกําหนดค�าตอบแทนกรรมการ ประจําปi 2559 Conflict of interest in the Agenda proposed to the Meeting : having conflict of interest in the Agenda To consider and approve the determination of the remuneration of the directors for the year 2016.

คนหน่ึงคนใดเพียงคนเดียวเปaนผู�แทนของข�าพเจ�าเพ่ือเข�าประชุม และออกเสียงลงคะแนนแทนข�าพเจ�าในการประชุมใหญ�สามัญผู�ถือหุ�น ประจําปi 2559 ในวันศุกร^ท่ี 22 เมษายน 2559 เวลา 14.00 นาฬิกา ณ ห�อง Meeting Room 3-4 ศูนย^การประชุมแห�งชาติสิริกิต์ิ เลขท่ี 60 ถนนรัชดาภิเษกตัดใหม� แขวงคลองเตย เขตคลองเตย กรุงเทพมหานคร หรือท่ีจะพึงเล่ือนไปในวัน เวลา และสถานท่ีอื่นด�วย any one of them to be my/our proxy to attend and vote on my/our behalf at the Annual General Meeting of Shareholders for the Year 2016 on Friday 22 April 2016 at 2.00 p.m. at Meeting Room 3-4, Queen Sirikit National Convention Center, No. 60, New Rachadapisek Road, Klongtoey Sub-District, Klongtoey District, Bangkok or any adjournment at any date, time and place thereof.

(4) ข�าพเจ�าขอมอบฉันทะให�ผู�รับมอบฉันทะออกเสียงลงคะแนนแทนข�าพเจ�าในการประชุมครั้งน้ี ดังน้ี I/We hereby authorize the proxy to vote on my/our behalf at this meeting as follows:

วาระท่ี 1 พิจารณารับรองรายงานการประชุมใหญ#วิสามัญผูKถือหุKน ครั้งท่ี 1/2559 Agenda No. 1 To consider and adopt the minutes of the Extraordinary General Meeting of Shareholders No. 1/2016

(ก) ให�ผู�รับมอบฉันทะมีสิทธิพิจารณา และลงมติแทนข�าพเจ�าได�ทุกประการตามท่ีเห็นสมควร (a) To grant my/our proxy to consider and vote on my/our behalf as he/she may

deem appropriate in all respects. (ข) ให�ผู�รับมอบฉันทะออกเสียงลงคะแนนตามความประสงค̂ของข�าพเจ�า ดังน้ี (b) To grant my/our proxy to vote at my/our desire as follows: เห็นด�วย ไม�เห็นด�วย งดออกเสียง Approve Disapprove Abstain


วาระท่ี 2 รับทราบรายงานของคณะกรรมการเก่ียวกับผลการดําเนินงานของบริษัท ประจําปY 2558 Agenda No. 2 To acknowledge the report of the Board of Directors regarding the operating results of the Company for the year 2015

ให�ผู�รับมอบฉันทะรับทราบรายงานของคณะกรรมการเกี่ยวกับผลการดําเนินงานของบริษัท ประจําปi 2558

To grant my/our proxy to acknowledge the report of the Board of Directors regarding the operating results of the Company for the year 2015

วาระท่ี 3 พิจารณาอนุมัติงบการเงิน สําหรับรอบปYบัญชีส้ินสุดวันท่ี 31 ธันวาคม 2558 Agenda No. 3 To consider and approve the financial statements for the fiscal year ended 31 December 2015



วาระท่ี 4 พิจารณาอนุมัติการจัดสรรกําไรสุทธิเพ่ือเปcนทุนสํารองตามกฎหมาย และการจ#ายเงินปeนผล ประจําปY 2558 Agenda No. 4 To consider and approve the appropriation of the net profit as legal reserve and the dividend payment for the year 2015



วาระท่ี 5 พิจารณาอนุมัติการเลือกตั้งกรรมการแทนกรรมการท่ีออกตามวาระ Agenda No. 5 To consider and approve the election of the directors to replace the directors who retire by rotation


deem appropriate in all respects. (ข) ให�ผู�รับมอบฉันทะออกเสียงลงคะแนนตามความประสงค̂ของข�าพเจ�า ดังน้ี (b) To grant my/our proxy to vote at my/our desire as follows:


1. พลตํารวจเอก สุนทร ซ�ายขวัญ Police General Soontorn Saikwan เห็นด�วย ไม�เห็นด�วย งดออกเสียง Approve Disapprove Abstain 2. รองศาสตราจารย^ ดร. วันชัย รัตนวงษ̂ Associate Professor Wanchai Rattanawong เห็นด�วย ไม�เห็นด�วย งดออกเสียง Approve Disapprove Abstain

3. นายวุฒิชัย ดวงรัตน̂ Mr. Vuthichai Duangratana เห็นด�วย ไม�เห็นด�วย งดออกเสียง Approve Disapprove Abstain

วาระท่ี 6 พิจารณาอนุมัติการกําหนดค#าตอบแทนกรรมการ ประจําปY 2559 Agenda No. 6 To consider and approve the determination of the remuneration of the directors for the year 2016



วาระท่ี 7 พิจารณาอนุมัติการแต#งตั้งผูKสอบบัญชี และการกําหนดค#าตอบแทนแก#ผูKสอบบัญชี ประจําปY 2559 Agenda No. 7 To consider and approve the appointment of the auditors and the determination of the remuneration of the auditors for the year 2016



วาระท่ี 8 พิจารณาอนุมัติการทําประกันภัยความรับผิดของกรรมการและผูKบริหาร Agenda No. 8 To consider and approve the procurement of the directors and officers liability insurance




วาระท่ี 9 พิจารณาเรื่องอื่นๆ (ถKามี) Agenda No. 9 To consider other matters (if any)



(5) การลงคะแนนเสียงของผู�รับมอบฉันทะในวาระใดท่ีไม�เปaนไปตามท่ีระบุไว�ในหนังสือมอบฉันทะน้ี ให�ถือว�าการลงคะแนนเสียงน้ันไม�ถูกต�องและไม�ใช�เปaนการลงคะแนนเสียงของข�าพเจ�าในฐานะผู�ถือหุ�น Voting of the proxy in any agenda that is not as specified in this Proxy Form shall be considered as invalid and shall not be my/our voting as a shareholder.

(6) ในกรณีท่ีข�าพเจ�าไม�ได�ระบุความประสงค̂ในการออกเสียงลงคะแนนในวาระใดไว� หรือระบุไว�ไม�ชัดเจน หรือในกรณีท่ีท่ีประชุมมีการพิจารณา หรือลงมติในเร่ืองใดนอกเหนือจากเร่ืองที่ระบุไว�ข�างต�น รวมถึงกรณีที่มีการแก�ไขเปลี่ยนแปลง หรือเพ่ิมเติมข�อเท็จจริงประการใด ให�ผู�รับมอบฉันทะ มีสิทธิพิจารณา และลงมติแทนข�าพเจ�าได�ทุกประการตามท่ีเห็นสมควร In case I/we have not specified my/our voting intention in any agenda or not clearly specified or in case the meeting considers or passes resolutions in any matters other than those specified above, including in case there is any amendment or addition of any fact, the proxy shall have the right to consider and vote on my/our behalf as he/she may deem appropriate in all respects.

กิจการใดท่ีผู�รับมอบฉันทะได�กระทําไปในการประชุม เว�นแต�กรณีท่ีผู�รับมอบฉันทะไม�ออกเสียงตามท่ีข�าพเจ�าระบุในหนังสือมอบฉันทะ ให�ถือเสมือนว�าข�าพเจ�าได�กระทําเองทุกประการ Any business carried out by the proxy at the said meeting, except in case that the proxy does not vote according to my/our intention(s) specified in the Proxy Form, shall be deemed as having been carried out by myself/ourselves in all respects.


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หมายเหตุ/Remarks 1. ผู�ถือหุ�นท่ีมอบฉันทะจะต�องมอบฉันทะให�ผู�รับมอบฉันทะเพียงรายเดียวเปaนผู�เข�าประชุม และออกเสียงลงคะแนน ไม�สามารถแบ�งแยกจํานวนหุ�น

ให�ผู�รับมอบฉันทะหลายคนเพ่ือแยกการลงคะแนนเสียงได� The shareholder appointing the proxy must authorize only one proxy to attend and vote at the meeting and may not split the number of shares to several proxies for splitting votes.

2. วาระเลือกต้ังกรรมการสามารถเลือกต้ังกรรมการท้ังชุด หรือเลือกต้ังกรรมการเปaนรายบุคคล In respect of the agenda as to the election of the directors, either the whole set of the nominated candidates or an individual nominee may be voted for.

3. ในกรณีท่ีมีวาระท่ีจะพิจารณาในการประชุมมากกว�าวาระท่ีระบุไว�ข�างต�น ผู�มอบฉันทะสามารถระบุเพ่ิมเติมได�ในใบประจําต�อแบบหนังสือมอบฉันทะแบบ ข. ตามแนบ In case there are any further agenda apart from those specified above brought into consideration in the meeting, the Grantor may use the Allonge of the Proxy Form B. as attached.


ใบประจําต#อแบบหนังสือมอบฉันทะแบบ ข. ALLONGE OF PROXY FORM B.

การมอบฉันทะในฐานะเปaนผู�ถือหุ�นของบริษัท พีทีจี เอ็นเนอยี จํากัด (มหาชน)

The appointment of proxy by the shareholder of PTG Energy Public Company Limited

ในการประชุมใหญ�สามัญผู�ถือหุ�น ประจําปi 2559 ในวันศุกร^ท่ี 22 เมษายน 2559 เวลา 14.00 นาฬิกา ณ ห�อง Meeting Room 3-4 ศูนย^การประชุมแห�งชาติสิริกิต์ิ เลขท่ี 60 ถนนรัชดาภิเษกตัดใหม� แขวงคลองเตย เขตคลองเตย กรุงเทพมหานคร หรือท่ีจะพึงเล่ือนไปในวัน เวลา และสถานท่ีอื่นด�วย In the meeting of the Annual General Meeting of Shareholders for the Year 2016, on Friday 22 April 2016 at 2.00 p.m. at Meeting Room 3-4, Queen Sirikit National Convention Center, No. 60, New Rachadapisek Road, Klongtoey Sub-District, Klongtoey District, Bangkok or any adjournment at any date, time and place thereof.

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วาระท่ี เรื่อง Agenda No. Re: (ก) ให�ผู�รับมอบฉันทะมีสิทธิพิจารณา และลงมติแทนข�าพเจ�าได�ทุกประการตามท่ีเห็นสมควร (a) To grant my/our proxy to consider and vote on my/our behalf as he/she may deem appropriate in all respects. (ข) ให�ผู�รับมอบฉันทะออกเสียงลงคะแนนตามความประสงค̂ของข�าพเจ�า ดังน้ี (b) To grant my/our proxy to vote at my/our desire as follows:

เห็นด�วย ไม�เห็นด�วย งดออกเสียง Approve Disapprove Abstain










วาระท่ี เรื่อง เลือกต้ังกรรมการ (ต�อ) Agenda No. Re: Election of director(s) (Continued)

ช่ือกรรมการ Director’s name











แบบหนังสือมอบฉันทะ แบบ ค. Proxy Form C.

(แบบท่ีใช�เฉพาะกรณีผู�ถือหุ�นเป6นผู�ลงทุนต�างประเทศและแต�งต้ังให�คัสโตเดียน (Custodian) ในประเทศไทยเป6นผู�รับฝากและดูแลหุ�น)

(For foreign shareholders who have custodians in Thailand only) ท�ายประกาศกรมพัฒนาธุรกิจการค�า เรื่อง กําหนดแบบหนังสือมอบฉันทะ (ฉบับท่ี 5) พ.ศ. 2550

Ref : Notification of Department of Business Development regarding Proxy Form (No. 5) B.E. 2550 ---------------------


(1) ข�าพเจ�า I/We สํานักงานต้ังอยู�เลขท่ี ถนน ตําบล/แขวง Residing at Road Tambol/Khwaeng อําเภอ/เขต จังหวัด รหัสไปรษณียd Amphur/Khet Province Postal Code ในฐานะผู�ประกอบธุรกิจเป6นผู�รับฝากและดูแลหุ�น (Custodian) ให�กับ as a Custodian for ซ่ึงเป6นผู�ถือหุ�นของบริษัท พีทีจี เอ็นเนอยี จํากัด (มหาชน) being a shareholder of PTG Energy Public Company Limited โดยถือหุ�นจํานวนท้ังส้ินรวม หุ�น และออกเสียงลงคะแนนได�เท�ากับ เสียง ดังน้ี holding the total number of shares, and having the right to vote equivalent to votes as follows: หุ�นสามัญ หุ�น ออกเสียงลงคะแนนได�เท�ากับ เสียง ordinary share of shares, having the right to vote equivalent votes, หุ�นบุริมสิทธิ หุ�น ออกเสียงลงคะแนนได�เท�ากับ เสียง preferred share of shares, having the right to vote equivalent to votes.

(2) ขอมอบฉันทะให� Hereby appoint

(1) อายุ ปm อยู�บ�านเลขท่ี Name age years, residing at ถนน ตําบล/แขวง อําเภอ/เขต Road Tambol/Khwaeng Amphur/Khet จังหวัด รหัสไปรษณียd หรือ Province Postal Code , or

(ปnดอากรแสตมปo 20 บาท) (Duty Stamp Baht 20)




(4) นายสุพจนd พิทยพงษdพัชรd อายุ 75 ปm ตําแหน�ง กรรมการบริษัท, ประธานกรรมการตรวจสอบ, ประธานกรรมการกํากับดูแลกิจการ และกรรมการอิสระ อยู�บ�านเลขท่ี 102/209 หมู�ท่ี 6 ตําบลบางรักพัฒนา อําเภอบางบัวทอง จังหวัดนนทบุรี 11110 Mr. Supote Pitayapongpat Age 75 years Positions Director, Chairman of the Audit Committee, Chairman of the Corporate Governance Committee and independent director, Residing at 102/209, Moo 6, Tumbol Bangrak Pattana Amphur Bangbuathong, Nonthaburi 11110 ส�วนได�เสียในวาระท่ีเสนอในการประชุมครั้งน้ี : มีส�วนได�ส�วนเสียในวาระพิจารณาอนุมัติการกําหนดค�าตอบแทนกรรมการ ประจําปm 2559 Conflict of interest in the Agenda proposed to the Meeting : having conflict of interest in the Agenda To consider and approve the determination of the remuneration of the directors for the year 2016.

คนหน่ึงคนใดเพียงคนเดียวเป6นผู�แทนของข�าพเจ�าเพ่ือเข�าประชุม และออกเสียงลงคะแนนแทนข�าพเจ�าในการประชุมใหญ�สามัญผู�ถือหุ�น ประจําปm 2559 ในวันศุกรdที่ 22 เมษายน 2559 เวลา 14.00 นาฬิกา ณ ห�อง Meeting Room 3-4 ศูนยdการประชุมแห�งชาติสิริกิติ์ เลขที่ 60 ถนนรัชดาภิเษกตัดใหม� แขวงคลองเตย เขตคลองเตย กรุงเทพมหานคร หรือท่ีจะพึงเล่ือนไปในวัน เวลา และสถานท่ีอื่นด�วย any one of them to be my/our proxy to attend and vote on my/our behalf at the Annual General Meeting of Shareholders for the Year 2016 on Friday 22 April 2016 at 2.00 p.m. at Meeting Room 3-4, Queen Sirikit National Convention Center, No. 60, New Rachadapisek Road, Klongtoey Sub-District, Klongtoey District, Bangkok or any adjournment at any date, time and place thereof.

(3) ข�าพเจ�าขอมอบฉันทะให�ผู�รับมอบฉันทะเข�าร�วมประชุม และออกเสียงลงคะแนนในครั้งน้ี ดังน้ี I/We hereby authorize the proxy to attend and vote on my/our behalf at this meeting as follows: มอบฉันทะตามจํานวนหุ�นท้ังหมดท่ีถือ และมีสิทธิออกเสียงลงคะแนนได� To grant the total amount of shareholding and having the right to vote มอบฉันทะบางส�วน คือ To grant the partial shares as follows: หุ�นสามัญ หุ�น และมีสิทธิออกเสียงลงคะแนนได� เสียง ordinary share shares, and having the right to vote equal to votes, หุ�นบุริมสิทธิ หุ�น และมีสิทธิออกเสียงลงคะแนนได� เสียง preferred share shares, and having the right to vote equal to votes. รวมสิทธิออกเสียงลงคะแนนได�ท้ังหมด เสียง Total amount of voting rights votes.


(4) ข�าพเจ�าขอมอบฉันทะให�ผู�รับมอบฉันทะออกเสียงลงคะแนนแทนข�าพเจ�าในการประชุมครั้งน้ี ดังน้ี I/We hereby authorize the proxy to vote on my/our behalf at this meeting as follows:

วาระท่ี 1 พิจารณารับรองรายงานการประชุมใหญBวิสามัญผูEถือหุEน ครั้งท่ี 1/2559 Agenda No. 1 To consider and adopt the minutes of the Extraordinary General Meeting of Shareholders No. 1/2016


deem appropriate in all respects. (ข) ให�ผู�รับมอบฉันทะออกเสียงลงคะแนนตามความประสงคdของข�าพเจ�า ดังน้ี (b) To grant my/our proxy to vote at my/our desire as follows: เห็นด�วย ไม�เห็นด�วย งดออกเสียง Approve Disapprove Abstain

วาระท่ี 2 รับทราบรายงานของคณะกรรมการเก่ียวกับผลการดําเนินงานของบริษัท ประจําปV 2558 Agenda No. 2 To acknowledge the report of the Board of Directors regarding the operating results of the Company for the year 2015

ให�ผู�รับมอบฉันทะรับทราบรายงานของคณะกรรมการเกี่ยวกับผลการดําเนินงานของบริษัท ประจําปm 2558

To grant my/our proxy to acknowledge the report of the Board of Directors regarding the operating results of the Company for the year 2015

วาระท่ี 3 พิจารณาอนุมัติงบการเงิน สําหรับรอบปVบัญชีส้ินสุดวันท่ี 31 ธันวาคม 2558 Agenda No. 3 To consider and approve the financial statements for the fiscal year ended 31 December 2015



วาระท่ี 4 พิจารณาอนุมัติการจัดสรรกําไรสุทธิเพ่ือเปbนทุนสํารองตามกฎหมาย และการจBายเงินปdนผล ประจําปV 2558 Agenda No. 4 To consider and approve the appropriation of the net profit as legal reserve and the dividend payment for the year 2015




วาระท่ี 5 พิจารณาอนุมัติการเลือกตั้งกรรมการแทนกรรมการท่ีออกตามวาระ Agenda No. 5 To consider and approve the election of the directors to replace the directors who retire by rotation


deem appropriate in all respects. (ข) ให�ผู�รับมอบฉันทะออกเสียงลงคะแนนตามความประสงคdของข�าพเจ�า ดังน้ี (b) To grant my/our proxy to vote at my/our desire as follows:

1. พลตํารวจเอก สุนทร ซ�ายขวัญ Police General Soontorn Saikwan เห็นด�วย ไม�เห็นด�วย งดออกเสียง Approve Disapprove Abstain 2. รองศาสตราจารยd ดร. วันชัย รัตนวงษd Associate Professor Wanchai Rattanawong เห็นด�วย ไม�เห็นด�วย งดออกเสียง Approve Disapprove Abstain

3. นายวุฒิชัย ดวงรัตนd Mr. Vuthichai Duangratana เห็นด�วย ไม�เห็นด�วย งดออกเสียง Approve Disapprove Abstain

วาระท่ี 6 พิจารณาอนุมัติการกําหนดคBาตอบแทนกรรมการ ประจําปV 2559 Agenda No. 6 To consider and approve the determination of the remuneration of the directors for the year 2016



วาระท่ี 7 พิจารณาอนุมัติการแตBงตั้งผูEสอบบัญชี และการกําหนดคBาตอบแทนแกBผูEสอบบัญชี ประจําปV 2559 Agenda No. 7 To consider and approve the appointment of the auditors and the determination of the remuneration of the auditors for the year 2016




วาระท่ี 8 พิจารณาอนุมัติการทําประกันภัยความรับผิดของกรรมการและผูEบริหาร Agenda No. 8 To consider and approve the procurement of the directors and officers liability insurance



วาระท่ี 9 พิจารณาเรื่องอื่นๆ (ถEามี) Agenda No. 9 To consider other matters (if any)



(5) การลงคะแนนเสียงของผู�รับมอบฉันทะในวาระใดท่ีไม�เป6นไปตามท่ีระบุไว�ในหนังสือมอบฉันทะน้ี ให�ถือว�าการลงคะแนนเสียงน้ันไม�ถูกต�องและไม�ถือเป6นการลงคะแนนเสียงของผู�ถือหุ�น Voting of the proxy in any agenda that is not as specified in this Proxy Form shall be considered as invalid and shall not be the vote of a shareholder.

(6) ในกรณีท่ีข�าพเจ�าไม�ได�ระบุความประสงคdในการออกเสียงลงคะแนนในวาระใดไว� หรือระบุไว�ไม�ชัดเจน หรือในกรณีท่ีท่ีประชุมมีการพิจารณา หรือลงมติในเร่ืองใดนอกเหนือจากเร่ืองที่ระบุไว�ข�างต�น รวมถึงกรณีที่มีการแก�ไขเปลี่ยนแปลง หรือเพ่ิมเติมข�อเท็จจริงประการใด ให�ผู�รับมอบฉันทะ มีสิทธิพิจารณา และลงมติแทนข�าพเจ�าได�ทุกประการตามท่ีเห็นสมควร In case I/we have not specified my/our voting intention in any agenda or not clearly specified or in case the meeting considers or passes resolutions in any matters other than those specified above, including in case there is any amendment or addition of any fact, the proxy shall have the right to consider and vote on my/our behalf as he/she may deem appropriate in all respects.


กิจการใดท่ีผู�รับมอบฉันทะได�กระทําไปในการประชุม เว�นแต�กรณีท่ีผู�รับมอบฉันทะไม�ออกเสียงตามท่ีข�าพเจ�าระบุในหนังสือมอบฉันทะ ให�ถือเสมือนว�าข�าพเจ�าได�กระทําเองทุกประการ Any business carried out by the proxy at the said meeting, except in case that the proxy does not vote according to my/our intention(s) specified in the Proxy Form, shall be deemed as having been carried out by myself/ourselves in all respects.


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หมายเหตุ 1. หนังสือมอบฉันทะแบบ ค. น้ี ใช�เฉพาะกรณีท่ีผู�ถือหุ�นท่ีปรากฏช่ือในทะเบียนเป6นผู�ลงทุนต�างประเทศ และแต�งต้ังให�คัสโตเดียน (Custodian)

ในประเทศไทยเป6นผู�รับฝาก และดูแลหุ�นให�เท�าน้ัน Only foreign shareholders whose names appear in the registration book and have appointed a Custodian in Thailand can use the Proxy Form C.

2. หลักฐานท่ีต�องแนบพร�อมกับหนังสือมอบฉันทะ คือ Evidence to be attached with this Proxy Form are:

(1) หนังสือมอบอํานาจจากผู�ถือหุ�นให�คัสโตเดียน (Custodian) เป6นผู�ดําเนินการลงนามในหนังสือมอบฉันทะแทน Power of Attorney from the shareholder authorizing a Custodian to sign the Proxy Form on behalf of the shareholder.

(2) หนังสือยืนยันว�าผู�ลงนามในหนังสือมอบฉันทะแทนได�รับอนุญาตประกอบธุรกิจคัสโตเดียน (Custodian) Letter of certification to certify that a person executing the Proxy Form has obtained a permit to act as a Custodian. 3. ผู�ถือหุ�นท่ีมอบฉันทะจะต�องมอบฉันทะให�ผู�รับมอบฉันทะเพียงรายเดียวเป6นผู�เข�าร�วมประชุม และออกเสียงลงคะแนน ไม�สามารถแบ�งแยกจํานวนหุ�น

ให�ผู�รับมอบฉันทะหลายคนเพ่ือแยกการลงคะแนนเสียงได� The shareholder appointing the proxy must authorize only one proxy to attend and vote at the meeting and may not split the number of shares to several proxies for splitting votes.

4. วาระเลือกต้ังกรรมการสามารถเลือกต้ังกรรมการท้ังชุด หรือเลือกต้ังกรรมการเป6นรายบุคคล In respect of the agenda as to the election of the directors, either the whole set of the nominated candidates or an individual nominee may be voted for.

5. ในกรณีท่ีมีวาระท่ีจะพิจารณาในการประชุมมากกว�าวาระท่ีระบุไว�ข�างต�น ผู�มอบฉันทะสามารถระบุเพ่ิมเติมได�ในใบประจําต�อแบบหนังสือมอบฉันทะแบบ ค. ตามแนบ In case there are any further agenda apart from those specified above brought into consideration in the meeting, the Grantor may use the Allonge of the Proxy Form C. as attached.


ใบประจําตBอแบบหนังสือมอบฉันทะแบบ ค. ALLONGE OF PROXY FORM C.

การมอบฉันทะในฐานะเป6นผู�ถือหุ�นของบริษัท พีทีจี เอ็นเนอยี จํากัด (มหาชน) The appointment of proxy by the shareholder of PTG Energy Public Company Limited

ในการประชุมใหญ�สามัญผู�ถือหุ�น ประจําปm 2559 ในวันศุกรdท่ี 22 เมษายน 2559 เวลา 14.00 นาฬิกา ณ ห�อง Meeting Room 3-4 ศูนยdการประชุมแห�งชาติสิริกิต์ิ เลขท่ี 60 ถนนรัชดาภิเษกตัดใหม� แขวงคลองเตย เขตคลองเตย กรุงเทพมหานคร หรือท่ีจะพึงเล่ือนไปในวัน เวลา และสถานท่ีอื่นด�วย In the meeting of the Annual General Meeting of Shareholders for the Year 2016, on Friday 22 April 2016 at 2.00 p.m. at Meeting Room 3-4, Queen Sirikit National Convention Center, No. 60, New Rachadapisek Road, Klongtoey Sub-District, Klongtoey District, Bangkok or any adjournment at any date, time and place thereof.

---------------------

วาระท่ี เรื่อง Agenda No. Re: (ก) ให�ผู�รับมอบฉันทะมีสิทธิพิจารณา และลงมติแทนข�าพเจ�าได�ทุกประการตามท่ีเห็นสมควร (a) To grant my/our proxy to consider and vote on my/our behalf as he/she may deem appropriate in all respects. (ข) ให�ผู�รับมอบฉันทะออกเสียงลงคะแนนตามความประสงคdของข�าพเจ�า ดังน้ี (b) To grant my/our proxy to vote at my/our desire as follows:











วาระท่ี เรื่อง เลือกต้ังกรรมการ (ต�อ) Agenda No. Re: Election of director(s) (Continued)












Registration conditions, documents to be presented prior to attending the shareholders’ meeting,

proxy and voting

A. Registration

The Company will open for the registration from 12.00 p.m. onwards. For your convenience in

registration process, shareholders or proxies who will attend the Meeting shall bring and present the Invitation to

the Meeting and the duly completed and executed Proxy Form, affixed with the stamp duty together with the

documents required to be presented prior to attending the Meeting. In this regard, the Company reserves the

right to allow only the shareholders or the proxies who have duly completed documents to attend the Meeting.

B. Documents required to be presented prior to the Meeting

Shareholders who are natural persons

1. Shareholders attending the Meeting themselves

Please present original and valid document with your photo issued by governmental authorities, e.g.

the identification card, government official identification card, state enterprise employee identification card,

driver license or passport.

2. Shareholders appointing a proxy to attend the Meeting. A proxy must present the documents as

follows:

(a) One of the Proxy Forms, as attached to the Invitation to the Meeting, which has been duly

completed and executed by the grantor and the proxy;

(b) A copy of valid document with photo of the grantor issued by governmental authorities, e.g. the

identification card, government official identification card, state enterprise employee identification card, driver

license or passport, certified true and correct by the grantor; and

(c) Original and valid document with photo of the proxy issued by governmental authorities, e.g.



\...............Shareholders who are juristic……………


Shareholders who are juristic persons

1. Representatives of juristic persons (authorized directors) attending the Meeting themselves

(a) A copy of the company’s affidavit of the shareholder, certified true and correct by the

representatives of the juristic person, specifying that the representatives of the juristic person attending the

Meeting are duly authorized to act on behalf of the juristic person, and having issued not more than 3 months;

and

(b) Original and valid document with photo of the representatives of the juristic person issued by

governmental authorities, e.g. the identification card, government official identification card, state enterprise

employee identification card, driver license or passport.

2. Shareholders appointing a proxy to attend the Meeting. A proxy must present the documents as

follows:

(a) One of the Proxy Forms, as attached to the Invitation to the Meeting, which has been duly

completed and executed by the grantor and the proxy;

(b) A copy of the company’s affidavit of the shareholder, certified true and correct by

representatives of the juristic person, specifying that the representatives of the juristic person, who sign the Proxy

Form, are duly authorized to act on behalf of the juristic person, and having issued not more than 3 months;

(c) A copy of valid document with photo of the representatives of the juristic person issued by

governmental authorities, e.g. the identification card, government official identification card, state enterprise

employee identification card, driver license or passport, certified true and correct by such person; and

(d) Original and valid document with photo of the proxy issued by governmental authorities, e.g.



3. Foreign shareholders appointing the custodian in Thailand

� Please prepare and present the documents as specified in case of juristic persons in Items 1.

or 2.

� In the case of foreign shareholders authorizing the custodians to sign the Proxy Forms on their

behalf, the additional documents are required as follows:

1) A copy of the Power of Attorney of the shareholder, who is a foreign investor, authorizing

the custodian to sign the Proxy Form on his/her behalf, certified true and correct by the grantor; and

2) A copy of the letter certifying that the custodian, who signs the Proxy Form, is permitted to

engage in the custodian business, certified true and correct by such person.

In this regard, if the documents are not in English, an English translation of such documents, certified

true by the shareholder or the representatives of the juristic person who is the shareholder, is required.

\...............C. Proxy……………


C. Proxy

If the shareholders wish to appoint a proxy to attend and vote at the Meeting on the shareholders’

behalf, the Company facilitates the shareholders with 3 Proxy Forms, attached to the Invitation to the Meeting as

follows:

1. Proxy Form A.

General Proxy Form

2. Proxy Form B.

Proxy Form containing specific details

3. Proxy Form C.

Proxy Form for shareholders whose name appears in the Share Register Book as foreign

investors and appoint custodians in Thailand only

Please execute only one Proxy Form from the above 3 Proxy Forms which are attached to the Invitation

to the Meeting.

Please duly complete the Proxy Form as well as affix Baht 20 stamp duty and cross such stamp duty

and specify the date of the Proxy Form across such stamp duty. Such Proxy Form shall be submitted to the

Chairman of the Meeting (the “Chairman”) or the person designated by the Chairman prior to the Meeting.

For shareholders’ rights and benefits, in case the shareholders are unable to attend the Meeting by

themselves and wish to appoint the Company’s Independent Director to vote on their behalf, please complete

and execute the Proxy Form appointing Mr. Supote Pitayapongpat, the Director, Chairman of the Audit

Committee, Chairman of the Corporate Governance Committee and independent director as a proxy, and submit

the said completed and executed Proxy Form, affixed with the stamp duty, together with the supporting

documents to “Company Secretary Office”, PTG Energy Public Company Limited, No. 90 Cyberworld Building,

Tower A (33rd Floor), Ratchadaphisek Road, Khwaeng Huaykwang, Khet Huaykwang, Bangkok 10310 and/or PO.

Box No.15 Thai Life Insurance 10326, by 20 April 2016, or at the place of the Meeting before the Meeting starts.

In this regard, the Company has enclosed the details of the Independent Director (proxy for shareholders),

together with the Invitation to the Meeting.

\...............D. Voting……………


D. Voting

Voting Method

1. 1 share is entitled to 1 vote.

2. Shareholders and proxies under Proxy Form A. or B. may not split votes in each agenda.

3. Custodians who are appointed by foreign shareholders may split votes in each agenda (under Proxy

Form C.).

4. To be in accordance with the good corporate governance principle, the Company provides ballots for

every agenda which requires voting. The Company will distribute the ballots to each of the shareholders and the

proxies at the registration. The shareholders or the proxies who register after the Meeting has started will only

receive the ballots for the remaining agenda.

5. In each agenda, the Chairman will ask if anyone disapproves or abstains. To save time of all of the

shareholders, the shareholders who approve shall not put any mark in the ballots, while the shareholders who

disapprove or abstain shall confirm their intention by putting a mark [√] and their signatures in the ballots and

raise their hands until the Company’s officer collects the ballots for vote counting, except the case in which the

voting has been specified in the Proxy Form, the Company will count the votes according to such Proxy Form at

the time of the registration by the proxy.

Vote Counting

1. The Company will deduct the disapproval and the abstention votes from the total votes. The

remaining votes will be deemed as approval votes.

2. The Chairman will announce the result of the voting after the voting in each agenda is completed,

whereby the announced votes will be divided into the numbers of the approval, the disapproval and the

abstention votes and the percentage thereof. The ballots submitted after the Chairman announced the voting

result of each agenda to the Meeting will not be counted as the voting result. If any shareholder or proxy wishes

to leave before the Meeting adjourns. Please inform the Company’s officer at the registration counter in order for

the officer to withdraw his/her votes from the system.


Details of the Independent Director proposed by the Company for the shareholders

to appoint as the proxy to attend the Meeting

Name - Surname Mr. Supote Pitayapongpat

Age 75 years


Chairman of the Audit Committee

Chairman of the Corporate Governance Committee


Highest Education - Bachelor of Accounting Thammasat University

- Bachelor of Commerce Thammasat University

Work Experiences


2003 - Present Director

Member of the Executive

Committee

Siam-Best Trading Co., Ltd.

Thai IOD Courses - DCP Class 197/2014, Thai Institute of Directors

- ACP Class 42/2013, Thai Institute of Directors

- MIR Class 14/2013, Thai Institute of Directors

- MFR Class 17/2013, Thai Institute of Directors

- MIA Class 14/2013, Thai Institute of Directors

- MFM Class 9/2013, Thai Institute of Directors

- DAP Class 96/2012, Thai Institute of Directors

Years on the Board of Directors 25 May 2012 – Present


Other companies 1

company Siam-Best Trading Co., Ltd.

Director

Member of the Executive






interest

- None

Meeting Attendance of the Year 2015 The Board of Directors’ Meeting : 11/11 times


The Corporate Governance

Committee’s Meeting

: 3/3 times



Agenda



Shareholding Ratio in the Company as

of 31 December 2015



Criminal Record During the Past 10

Years

None

Relationship between the Executive's

Family and the Company

None

Conflict of Interest with the Company/

its Parent Company/ Subsidiary

Company/ Associate Company or Any

Juristic Person that May Have Current

Conflict or During the Past 2 Years

1. Being/Not being an executive director, employee, staff or advisor who

receives salary

No

2. Being/Not being a provider of the professional services (e.g. financial

advisor, legal advisor)

No

3. Having/Not Having a business relationship in the manner which may

interfere with his independent judgement (e.g. purchase/sale of raw

material/product/service/borrowing/lending)

No


The Company’s Articles of Association in relation to the shareholders’ meeting

Article 28. The board of directors shall convene an annual general meeting of shareholders within 4

months of the last day of fiscal year of the Company.

The shareholders’ meetings other than those specified above shall be called extraordinary general

meetings of shareholders. The board of directors may summon an extraordinary general meeting of shareholders

at any time as it is deemed appropriate, or when shareholders holding shares in aggregate not less than one-fifth

of the total issued shares or not less than 25 shareholders holding shares in aggregate not less than one-tenth of

the total issued shares may jointly submit their names in a written notice requesting the board of directors to

summon an extraordinary meeting at any time, provided that reasons for calling such meeting shall be clearly

stated in the said notice. In this regard, the board of directors shall proceed to call a shareholders’ meeting to

be held within 1 month of the date of the receipt of such notice from the shareholders.

Article 29. In calling a shareholders’ meeting, the board of directors shall prepare a notice of the

meeting specifying the place, date and time, the agenda of the meeting and the matters to be proposed to the

meeting with reasonable details, by expressly specifying as to the matter to be set forth to the meeting for

information, approval or consideration, including opinions of the board of directors on the said matters. The said

notice shall be delivered to the shareholders and registrar at least 7 days prior to the date of the meeting and

shall also be published in a newspapers for 3 consecutive days, at least 3 days prior to the date of the meeting.

A shareholders’ meeting may be convened at a venue where the head office of the Company is located

or other province in the Kingdom as the board of directors deems appropriate.

Article 30. In a shareholders’ meeting, any shareholder may appoint any person as a proxy to attend

such meeting and vote on his behalf. The Proxy Form shall be dated and executed by such shareholder and

shall be according to the forms specified by the registrar.

Such Proxy Form shall be submitted to the chairman of the board or the person designated by the

chairman prior to attending the Meeting by the proxy.

Article 31. In a shareholders’ meeting, there shall be shareholders and proxies (if any) attending the

meeting not less than 25 persons and holding shares in aggregate not less than one-third of the total issued

shares, or shall be shareholders and proxies attending the meeting not less than one-half of the total number of

shareholders and holding shares in aggregate not less than one-third of the total issued shares, to constitute a

quorum.

\...............At any shareholders……………


At any shareholders’ meeting, if 1 hour has passed since the time specified for the meeting and the

number of shareholders attending the meeting is still not adequate to constitute a quorum as specified, if such

shareholders’ meeting was called as a result of a request by the shareholders, such meeting shall be cancelled.

If such shareholders’ meeting was not called as a result of a request by the shareholders, the meeting shall be

called once again and the notice calling such meeting shall be delivered to shareholders not less than 7 days

prior to the date of the meeting. In the subsequent meeting, a quorum is not required.

In a shareholders’ meeting, the chairman of the board shall preside over the meeting. If the chairman is

absent or is unable to perform his duties, if there is a vice-chairman, the vice-chairman shall be the chairman of

the meeting. In the absence of the vice-chairman or the vice-chairman is unable to perform his duties, the

meeting shall elect one of the shareholders attending the meeting to be the chairman of the meeting.

Article 32. In casting vote, one share is entitled to one vote and the resolution of a shareholders’

meeting shall comprise the following votes:

(1) In ordinary events, a majority vote of the shareholders who attend the meeting and cast

their votes. In case of a tie vote, the chairman of the meeting shall have a casting vote.

(2) In the following events, a vote of not less than three-fourths of the total number of

votes of the shareholders who attend the meeting and have the right to vote.

(a) the sale or transfer of the whole or important parts of the business of the

Company to other persons;

(b) the purchase or acceptance of transfer of the business of other companies or

private companies by the Company;

(c) the making, amending or terminating of contracts with respect to the granting of

a lease of the whole or important parts of the business of the Company, the assignment of the management of

the business of the Company to any other persons or amalgamation of the business with other persons with the

purpose of profit and loss sharing;

(d) the amendment of the Company’s Memorandum of Association or Articles of

Association;

(e) the increase or decrease in the Company’s capital, or issuance of Company’s

debentures;

(f) the amalgamation or dissolution of the Company.

For any shareholder who has special conflict of interest in any matter, such shareholder shall not be

entitled to cast the vote in such matter, except in the election of directors.

\............... Article 33. Transactions……………


Article 33. Transactions to be conducted at an annual general meeting are as follows:

(1) To consider the report of the board of directors as proposed to the meeting presenting

the business operation result of the Company in the preceding year;

(2) To consider and approve the balance sheet and the profit and loss statements of the

preceding fiscal year;

(3) To consider the appropriation of profits and the appropriation of reserve funds;

(4) To appoint directors in replacement of the directors who retire by rotation and

determine the directors’ remuneration;

(5) To appoint the auditor and determine his remuneration;

(6) To transact any other businesses.

- 64 - สิ่งท่ีส�งมาด�วยลําดับท่ี 9 Enclosure No. 9

แผนท่ีแสดงสถานท่ีประชุม/Map of the meeting venue

ห#อง Meeting Room 3-4 ศูนย,การประชุมแห.งชาติสิริกิต์ิ Meeting Room 3-4, Queen Sirikit National Convention Center

การเดินทาง/Transportation * รถไฟฟ?าใต#ดิน MRT : ลงสถานีศูนย(การประชุมแห�งชาติสิริกิต์ิ ทางออกท่ี 3 * By MRT : Passengers can get off at Queen Sirikit National Convention Center Station, Exit No. 3 * รถโดยสารประจําทาง : สาย 136, 185, 552 * By bus : Route No. 136, 185, 552 * รถยนต, : มีพ้ืนท่ีจอดรถท่ีเชื่อมต.อบริเวณโรงงานยาสูบ สามารถจอดรถได#มากกว.า 1,300 คัน และมีพ้ืนท่ีจอดรถของสถานีรถไฟฟ?าบีทีเอส และรถไฟฟ?าใต#ดิน MRT ณ สถานีหลัก รวม 12 แห.ง และเดินทางต.อมายังศูนย,การประชุมแห.งชาติสิริกิติ์ โดยใช#บริการรถไฟฟ?าบีทีเอส และรถไฟฟ?าใต#ดิน MRT ลงสถานีศูนย,การประชุมแห.งชาติสิริกิติ์ ทางออกท่ี 3 * By car : A parking area connected to the Thailand Tobacco Monopoly having parking space for more than 1,300 units and a parking area of the BTS and MRT at the major stations totaling 12 places are provided. Then catch the BTS or MRT to Queen Sirikit National Convention Center by getting off at the Queen Sirikit National Convention Center Station, Exit No. 3.

เลขท่ี 60 ถนนรัชดาภิเษกตดัใหม� แขวงคลองเตย เขตคลองเตย กรุงเทพมหานคร 10110 No. 60, New Rachadapisek Road, Klongtoey Sub-District, Klongtoey District, Bangkok 10110

โทรศัพท( : 0 2 229 3000 โทรสาร : 0 2229 3319 เว็บไซต( : www.qsncc.com