INOX met the free-float requirement

According to the Stock Exchange of Thailand (SET) has published POSCO-Thainox Public Company Limited (INOX) that it had not met free-float requirement for two consecutive years or more. Referring to the Regulation of the Stock Exchange of Thailand Re: Listing of Ordinary Shares or Preferred Shares as Listed Securities B.E. 2558 (2015) concerning the Maintaining the Status of Listed Companies on the Exchange, it is required listed firms must have at least 150 minority shareholders, holding at least 15% of a company's paid-up capital, as shown on the shareholder list used for a company's annual general meeting of shareholders. (Detail as in SET's news on November 2, 2020)

Currently, INOX has now met the free-float requirement regarding the distribution of minor shareholding with 1,822 minority shareholders and holding in aggregate 15.31% of its paid-up capital. (Detail as in INOX's news on November 10, 2020)

Therefore, SET would like to inform shareholders and investors that INOX has met the free-float requirement.

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POSCO-Thainox pcl published this content on 11 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2020 01:52:00 UTC