Transactions involving the Agreement to sell and purchase for immovable and moveable property of the Royal Orchid Sheraton Hotel & Towers project have been suspended due to a court order granting a temporary injunction

No. RMG 92/2026 9 November 2026 Subject: Transactions involving the Agreement to sell and purchase for immovable and moveable property of the Royal Orchid Sheraton Hotel & Towers project have been suspended due to a court order granting a temporary injunction To: The President The Stock Exchange of Thailand Whereas One Asset Management Limited ("ONEAM"), in its capacity as the REIT Manager of Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition ("GROREIT"), informed that MFC Asset Management Public Company Limited, in its capacity as the Trustee of GROREIT, and Orchid Hospitality Company Limited ("Orchid Co.") signed the agreement to sell and purchase the immovable and movable property of the Royal Orchid Sheraton Hotel & Towers Project on 30 October 2026 (the "SPA"), and GROREIT received a deposit in the amount of THB 100 million from Orchid Co. on the same date. ONEAM, in its capacity as the REIT Manager, was informed that on 9 November 2026, Royal Orchid Hotel (Thailand) Public Company Limited ("ROH") filed a motion requesting the court to issue a preliminary injunction to suspend the execution of transactions under the SPA. The Bangkok South Civil Court granted the motion on the same day, subject to the condition that ROH post a cash deposit of 4,873 million Baht within 7 days; if the cash deposit is not posted within 7 days, this order shall be cancelled. In this regard, ONEAM, in its capacity as the REIT Manager, has instructed Dherakupt Law Office Co., Ltd. promptly file an appeal against the order for the disposal of immovable and moveable property of the Royal Orchid Sheraton Hotel & Towers project as the resolution of approval from the Unitholders' Meeting No.1/2026. Furthermore, as a result of the interim injunction, the 14-day period for the sale of the assets to Orchid Co. from the date of receipt of the resolution of the unitholders' meeting has been temporarily suspended, resulting in a delay in the capital repayment and dividend payment to the unitholders. Please be informed accordingly. Yours sincerely, -Mr. Alongkorn Prathanrasnikorn- (Mr. Alongkorn Prathanrasnikorn) Chief Property and Trust Officer One Asset Management Limited ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement. If you would like to see the full details of this information, please click view "full details" in attached file.