AQ Estate Public : The specified period for exercising warrants to purchase ordinary shares No.5 (AQ-W5) of AQ Estate Public Company Limited

-Translation- SET.017/

	June 17, 2022
Subject: The specified period for exercising warrants to purchase ordinary shares No.5 (AQ-W5) of
	AQ Estate Public Company Limited
To:	Director and Manager of the Stock Exchange of Thailand
	AQ Estate Public Company Limited has issued warrants to purchase ordinary shares of AQ Estate
Public	Company Limited by allocating to shareholders who have increased their capital and is scheduled to

exercise every last business day of every March, June, September and December. The first exercise shall be on

March	,	and the last exercise date is on December ,	, which is the date shown on the warrants with
maturity	of	years,	months,	days from the date of	issuance of the warrants. The exercise ratio is

determined where 1	warrant can purchase 1.07 ordinary share at a price of 0.026 baht per share. In exercising the
right on June	,		, the intention to exercise the right can be made from June ,	to June ,
between .	a.m. - .	p.m. on the Company's business day at the Company's head office building.
AQ Estate Public Company Limited
102 Rimklongbangkapi Road,
Bangkapi Sub-district, Huay Kwang District, Bangkok
Telephone:	-	-
Fax:	-		-
	Supplemental documents required for the exercise of rights.

1. The notification of intention to exercise the rights to purchase the ordinary shares that has been filled in is correct, clear and complete and pays the amount specified in the notification of the exercise of rights by transferring money into the following accounts only. Account Name: AQ Estate Plc. for the subscription of newly issued ordinary shares

Bangkok Bank, Sriyan Branch, Current Account Type

Account No. - - -

However, the company reserves the right not to accept payment for the subscription for ordinary shares by any other method other than the money transferred to the specified account. Such documents can be downloaded from www.aqestate.com in the section of Investor Relations/Notification of Intention to Exercise the Rights to Purchase Ordinary Shares (AQ-W ).

1. Evidence of the Warrant No. or the Warrant No. substitute in the amount specified in the notification of intention to exercise the rights to purchase the ordinary shares.
2. Supplemental evidences required for the exercise of rights.

.	Thai individuals : A certified true copy of a valid identification card or
	governmental officer identification card or state enterprise officer identification
	card (in case of any change in name/surname which causes the name/surname
	to be different from the name/surname appearing on the Warrants, the copy of
	any document issued by the governmental authority, e.g. certificate of
	name/surname change, etc. must be enclosed);
	Non-Thai individuals: A certified true copy of a valid alien identification card or
	passport;
.	Thai legal entities : A certified true copy of the affidavit issued by the Ministry of
	Commerce for a period of no longer than months prior to the date on which the
	notification form for exercise of right to purchase ordinary share is submitted,
	duly signed by the authorized director(s) whose name appears on the affidavit,
	along with a certified true copy of the documents specified in Clause ) or ) of
	the authorized director(s) ) (as the case may be);
	Non-Thai legal entities: A certified true copy of the certificate of incorporation
	and/or affidavit of such legal entity issued from the competent government
	authority of the country in which such juristic person is incorporated, notarized
	by a notary public of the country issuing such documentation for a period of no
	longer than six months prior to the date on which the notification form for
	exercise of right to purchase ordinary share is submitted, duly signed by the
	authorized director(s), along with a certified true copy of the documents
	specified in Clause . of the authorized director(s);
.	Custodians: A certified true copy of the certificate of incorporation, notarized by
	a notary public of the country issuing such documentation for a period of no
	longer than months prior to the date on which the notification form for exercise
	of right to purchase ordinary share is submitted, including a letter of custodian
	appointment, a power of attorney (if any) and a certified true copy of the
	documents specified in Clause ) or ) of the authorized director(s) (as the case
	may be). Individuals must attach a photo of their ID card or a photo of an alien
	identification card or passport photo certified as a true copy by the cardholder.

If a Warrant Holder fails to submit the aforementioned supplemental documents, the Company reserves the rights to deem that such Warrant Holder does not intend to exercise the rights under the Warrants at the relevant exercise date. Nevertheless, the Company may use its discretion to allow such Warrant Holder to exercise the Warrants as deemed appropriate.

If you would like to ask for more details or request a form to exercise your rights to purchase ordinary shares. You can contact us at:

Investor Relations Department

AQ Estate Public Company Limited

102 Rimklongbangkapi Road, Bangkapi Sub-district, Huay Kwang District, Bangkok

Telephone:	-	-
Fax: -	-	-

The Company would like to inform that Non-Thai individuals can exercise their rights to purchase the Company's ordinary shares only when the shareholding ratio of Non-Thai shareholders are less than 49

• on the exercise date. Currently, there are Non-Thai shareholders holding at the rate of 18.02% (as of June 1, 2022).

Therefore, please be informed accordingly.

	Yours Sincerely,
(Mr. Chamnarn Wangtal)	(Mr. Voravut Laithuamthaweekul)
Director	Director