Page 72 - Mono Technology Public Company Limited : Annual Report 2014 EN

Warrant

During 2014, the Company issued and allocated the Warrants to Purchase the Newly Issued Ordinary Shares
of Mono Technology Public Company Limited No.1 (MONO-W1) for the total amount of 1,500,002,627 units to
the Companys shareholders on a pro rata basis or Right Offering at no cost. The allocation ratio is 14 existing

ordinary shares for 15 units of Warrants. Details of the Warrants are as follows:

Warrants to Purchase the Newly Issued Ordinary
Name of Warrant Shares of Mono Technology Public Company
Limited No.1 (MONO-W1)

Type of Warrants In named certificate and transferable

Number of Warrants Issued 1,500,002,627 units

Term of Warrants 5 years as from the Issuance

Issuance Date October 17, 2014

Expiry Date and Last Exercise Date October 17, 2019

First Exercise Date December 30, 2014

1 unit of Warrant for the right to purchase 1
Exercise Ratio
ordinary share

Exercise Price 2.50 Baht per share

Dividend Payment Policy

The Company shall make dividend payment at the rate of not less than 50 percent of net profit after
tax and legal reserve. However, the Board of Directors shall consider the dividend payment based mainly on
the benefit of shareholders and take into account reserves of funds for future investment or loan repayment or
working capital. Annual dividend payment of the company must be approved by the Annual General Meeting

of shareholders. Nevertheless, the Board of Directors shall have authority to occasionally approve the interim
dividend payment if the profit is adequate. Also, the Board of Directors shall report such payment to the next
Annual General Meeting of Shareholders.

Meanwhile, the subsidiaries will make dividend payment of at least 50 percent of net profit after tax

and legal reserve. However, committees and/or shareholders of subsidiaries may consider dividend payment
as per their business conditions, such as investment plan for business expansion. The said dividend policy shall
be individually approved by meeting of the Board of Directors of each subsidiary.

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