Jay Mart Public : Report on the use of capital increase of Jay Mart Public Company Limited

	- Translation -
Ref: IR65/015
	26 July 2022
Subject	Report on the use of capital increase of Jay Mart Public Company Limited
To:	President
	The Stock Exchange of Thailand

According to Jay Mart Public Company Limited ("the Company") held the Extraordinary General Meeting of Shareholders No. 2/2021 of November 1, 2021, it was approved to increase the registered capital of the Company in the amount of 384,803,597 shares at par value. 1.00 baht by offering for sale of newly issued ordinary shares by private placement of 342,361,387 shares at a par value of 1.00 baht per share. And offered for sale at a price of 30.3370 baht per share, representing a value 10,386,217,397.42 baht (One thousand three hundred eighty-six million two hundred and seventeen thousand three hundred ninety-seven baht forty- two satang) after deduction of expenses in this offering (excluding VAT or other taxes related) remaining 10,385,917,397.42 baht (Ten thousand three hundred eighty-five million nine hundred and seventeen thousand three hundred ninety-seven baht forty-two satang). In addition with the allocation of warrants to purchase newly issued ordinary shares of the Company allocated to investors who subscribe and has been allocated 42,060,884 units of newly issued ordinary shares to a private placement (JMART-W6) without considering the offering value (The offering price per unit is 0 baht) at the exercise price of 30.3370 baht per share, representing a value 1,276,001,037.90 baht.

The company requests to report the results of the use of money from the capital increase between January 1 - June 30, 2022, details are as follows:

The purpose of using the money		Received	Period of	Amount	Remaining
		amount	use of	spent	As of 30
		(M.THB)	money		June 2022
Proceeds from the offering of newly issued ordinary shares to private placement
(1) Increase capital in subsidiaries and associated
companies according to the rights	5,384.27	by 2021	5,384.27	-
- Purchase of newly issued ordinary shares of JMT	1,232.09	by 2021	1,232.09	-
- Purchase of newly issued ordinary shares of SINGER
(2) Repay loans to financial institutions and debentures	3,769.86	by 2024	603.00	3,166.86
Including the use of proceeds from the IPO		10,386.22		7,219.36	3,166.86

The money expected to be received from the private placement's warrant exercise (JMART-W6) has not been received because the warrants have not been converted.

Please be informed accordingly.

Yours Faithfully,

- Signed -

(Ms. Ladda Waruntarakul)

Company Secretary

Jaymart Public Company Limited