Asphere Innovations Public Company Limited announced that the company had entered into loan agreements under a combined credit limit of up to THB -320,000,000 with the relevant lenders. The purpose of the loans is to finance the purchase of 4,149,00 ordinary shares or equivalent to 9.22% of the total authorized share capital in Bitkub Online Company Limited (BO) from Bitkub Capital Group Holdings Company Limited (the Seller). The entry into said loan agreements may constitute an entry into material loan transactions having an impact on the financial position and performance of the Company per Clause 4 (14) of the Regulation of the Stock Exchange of Thailand Re: Rules, Conditions and Procedures Governing the Disclosure of Information and Other Acts of a Listed Company B.E. 2560 (as amended).

Borrower: The Company. Drawdown date: Within 31 August 2023 (fully drawn on 31 July 2023). Loan type: Direct loan.

Purpose of loan: To support the entry into the BO Transaction. Loan amount: Up to THB 240,000,000, or equivalent to 17.47 %of the Company's total assets as at 31 March 2023. Interest rate: THOR + 2.5 %per annum (as at 5 July 2023, THOR 1.99 per annum).

Tenor: Up to three years. Repayment: Divided into 36 months of approximately 6.67 each where the remaining balance is to be repaid in the last month. Collateral: 1. The company's bank deposit of THB 50,000,000; 2. 1,000,000 shares in BO; and 3. Corporate guarantee by Playpark Co.

Ltd. Loan from Mr. Pramoth Sudjitporn: The company has not had any connected transaction with such connected person within six months prior to the entry into such loan agreement and since the maximum payable interest from the loan is up to THB 600,000, which is more than 0.03% of the Company's net tangible assets as at 31 March 2023, but is less than THB 1,000,000; therefore, the receipt of such financial assistance is deemed a small transaction, which falls under the authority of the management of the Company. Borrower: The Company. Drawdown date: 31 July 2023.

Loan type: Direct loan. Purpose of loan: To support the entry into the BO Transaction. Loan amount: THB 80,000,000, or equivalent to 5.82% of the Company's total assets as at 31 March 2023.

Interest rate: 4.5% per annum. Tenor: Two months. Repayment: The principal and interest must be repaid in full within the due date of 30 September 2023.

Collateral: None. If the company draws down on the loans under items 1 to 2 above in full, the company will be required to repay the total principle of up to THB 320,000,000, as well as interest at the rates specified under the relevant loan agreements, where the company's debt to equity ratio of 0.29 before the loan will change to 0.60 after the loan.