Banyan Tree reshapes Thailand unit structure, forms six new subsidiaries

• Banyan Tree disclosed an internal reorganization of its Thailand operations for the fiscal year ending Dec. 31, 2026.
• New Thailand subsidiaries were formed as part of the restructuring, with share subscriptions and transfers to align legal ownership.
• Banyan Tree Hotels & Resorts Pte acquired 49% stakes in four Thai units for THB 4,606,000 in cash.
• Banyan Tree Resorts & Spas (Thailand) transferred 1,234,198 preference shares to Banyan Tree Hotels & Resorts Atlas for THB 693,900.
• Transactions were non-cashflow neutral at group level, with no expected material impact on NTA per share or EPS.

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