JCK Hospitality Public Company Limited informed that the Board of Directors' meeting held on January 29, 2024, resolved to approve the Company to lease out of the operation and management of the restaurant under the "Burger & Lobster" at Siam Paragon branch to Atalanta Hospitality Company Limited, a connected person of the Company. This transaction is considered as connected transaction in the category of transactions relating to assets or services in accordance with the Notification of the Capital Market Supervisory Board No. TorChor 21/2008 Re: Rules on Connected Transactions and the Notification of the Board of Governors of the Stock Exchange of Thailand Re: Disclosure of Information and Other Acts of Listed Companies Concerning the Connected Transaction, 2003.

The total value of compensation for leasing out of the operation and management of Burger & Lobster is THB 2,706,666.67 referring to the mutual agreement between the Company and AH. AH will pay such an amount to the Company on every 5th of every month until the end of the leasing period with Siam Paragon (February 1, 2024 - March 16, 2025).