27 July 2022

Subject : Report on the utilization of the capital increase fund.

To : Director and Manager,

The Stock Exchange of Thailand.

According to Royal Orchid Hotel (Thailand) Public Company Limited (the "Company") had allotted the capital increase ordinary shares on 4 February 2022 to the specific person i.e., Advance Opportunities Fund in the amount of 1,417,233 shares, at the offering price of 3.528 Baht per share, totaling 4,999,998.024 Baht. And after the deduction of expenses relating to such offering of capital increase ordinary shares, the remaining capital increase fund is of 4,609,348.214 Baht.

The Company would like to report the utilization of the capital increase fund at the end of the 30 June 2022 as follows:

Unit: Baht

Net proceeds of capital increase fund after deduction of expenses

4,609,348.214

Lessworking capital for business operation of the Company

4,609,348.214

Remaining net proceeds

-

Please be informed accordingly.

Yours sincerely,

-Signature-

Mr. Pramote Rermyindee

Director and Company Secretary

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Royal Orchid Hotel Thailand pcl published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2022 11:03:10 UTC.