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“Nok Air” updates the business rehabilitation plan, asking to postpone the 2022 budget presentation

after the date on which the Central Bankruptcy Court has issued an approval orderbusiness rehabilitation plan The management has implemented the plan strictly and efficiently. With the progress of implementing the rehabilitation plan between 29 December 2022 and 28 March 2023 (2nd year, 2nd quarter) as follows:

Debt repayment under the business rehabilitation scheme According to the method of repayment to each group of creditors specified in Chapter 7 of the rehabilitation plan After receiving the final order to receive payment of the debt For repayment of debt under the rehabilitation plan between December 29, 2022 and March 28 , 2023, the plan administrator can

Payment of debt in cash in accordance with the conditions specified in the plan, totaling 1,854,365.38 US dollars and 74,808,150.84 baht, representing 100% of the debt due under the rehabilitation plan. And there are debts that are not yet due, which account for 98% of the debt under the business rehabilitation scheme.

From the performance of the Company and the administrator of the scheme mentioned above Demonstrate the ability to perform in accordance with the business rehabilitation plan. In addition, the passenger travel situation tends to improve accordingly.

The company therefore expects that the general business condition will return in a better direction. This will be one of the factors that will help to ensure that the Company’s business operates normally and more efficiently. If there is any progress, the company will continue to notify through the Stock Exchange of Thailand.

Also, please sendFinancial statements for the year 2022 The Company and its subsidiaries ended on 31 December 2022 deferred. because the company has changed the new auditor In addition, the company has improved the software system for booking tickets. Therefore, it takes time to review additional information to ensure that the financial statements are accurate. Therefore the company cannot present the 2022 annual financial statements by March 31, 2023.

However, the company has accelerated coordination with all related parties closely. In order for the preparation of financial statements to be completed, it is accurate, reliable and it is expected to be able to present the financial statements for the year 2022 together with the Annual Registration Statement / Annual Report 2022 (Form 56-1 One Report) by 31 May 2023