Master Ad Public Company Limited announced the resolution from the Extraordinary General Meeting of Shareholders No.1/2021 held on January 19, 2021 of Master Ad Public Company Limited ('MACO') approving the transaction to the amendment of the Advertising Media Management and Service Agreement dated January 15, 2020 (the 'Agreement') with Plan B Media Public Company Limited (the 'Company') in the essence of MACO approving an exemption on the payment of the minimum consideration pursuant to the Agreement for the quarter 4/2020 (for the period of October 1, 2020 to December 31, 2020) and quarter 1/2021 (for the period of January 1, 2021 to March 31, 2021). The Company shall pay the minimum consideration pursuant to the Agreement in the amount of not exceeding THB 700,000,000 in advance ("Advance Payment") for the period of April 1, 2021 to March 31, 2022. The Company informed key terms being amended in the Agreement (additional information) as detailed in the disclosure to the investors and the Stock Exchange of Thailand on December 25, 2020 as follows: Previous terms: The Company shall pay the minimum consideration for the quarter 4/2020 and quarter 1/2021 totaling THB 316,107,084.16 (such amount is being calculated pursuant to the formula specified in the Agreement based on the minimum consideration rate which has been reduced in accordance with the resolution of the Board of Directors' Meeting No.7/2020 held on August 11, 2020.

New terms: If the Company pays the minimum consideration for the period of April 1, 2021 to March 31, 2022 in the amount of not exceeding THB 700,000,000 in advance within 15 days from the date of the Extraordinary General Meeting of MACO passes the resolution to approve the entering into this transaction, MACO agrees to exempt the Company's obligation in paying the minimum consideration for the quarter 4/2020 (for the period of October 1, 2020 to December 31, 2020) and for the quarter 1/2021 (for the period of January 1, 2021 to March 31, 2021), whereas MACO shall still receive the consideration from the Company from the sales of advertising media to the customers at the rate 85 or 90 percent (as the case maybe) of the actual revenue which the Company has received from the sales of advertising media of MACO.