Charn Issara REIT Management Company Limited (the Company) as the REIT manager, announced that on December 21, 2023, the Trust has a loan that is due for payment in the amount of THB 362,300,000. For this purpose, the company has a plan to procure a long-term loan in the amount of THB 300,000,000 to repay the loan and the loan was obtained from Siam Commercial Bank Public Company Limited. This is because Siam Commercial Bank is a 99.99% shareholder in SCB Asset Management Company Limited, which is the Trustee of the Trust.

Therefore, Siam Commercial Bank is a person connected to the Trustee. Borrowing the amount of THB 300,000,000 is therefore an act that conflicts with the interests of the trust that the trust must arrange for disclosure through the Stock Exchange of Thailand and reveal channels for trust unitholders to express their objections for no less than 14 days. Loan type (duration): Long-term loan for 3 years.

Objective: To Refinance Loan. Interest rate: MLR -The rate specified in the loan contract. Guarantee: Guaranteed.

The Company plans to have the REIT enter into the said loan agreement around December 18, 2023 to use the money to repay the loan on December 21, 2023.