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Notification about entering a transaction that there may be conflicts of interest between the REIT and persons connected to the Trustee

The Stock Exchange of Thailand·07/16/2026 01:32:38
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SPW-039/2026 16th July, 2026 Subject: Notification about entering a transaction that there may be conflicts of interest between the REIT and persons connected to the Trustee To: President The Stock Exchange of Thailand Attachment: 1. Transaction objection form 2. Opinion of the Trustee, SCB Asset Management Company Limited Charn Issara REIT Management Company Limited ("the Company") as the REIT manager, we would like to inform you that, the Trust currently has an obligation to repay the debenture series SPWRT268A in the amount of THB 574,700,000, which will mature on August 10, 2026. Therefore, to enable the Trust to repay the said debenture on schedule, the Company is considering procuring a long-term loan from a financial institution with a credit facility of not exceeding THB 275,000,000. This long-term loan facility is currently under credit approval consideration by Siam Commercial Bank Public Company Limited ("Siam Commercial Bank"). This is because Siam Commercial Bank is a 99.99% shareholder in SCB Asset Management Company Limited ("SCB Asset Management"), which is the Trustee of the Trust. Therefore, Siam Commercial Bank is a person connected to the Trustee. Borrowing the amount of 275,000,000 baht 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. Preliminary summary of loan conditions: Total Loan Amount : 275,000,000 baht Objective : To repay the debenture maturing on August 10, 2026, in the amount of THB 574,700,000 Loan type (duration) : Long-term loan for 2 years, maturing no later than June 30, 2028 Interest rate MLR -The rate specified in the loan contract. Collateral : Secured The Company plans to have the REIT enter into the said loan agreement around July 30, 2026, so that the Trust will receive the loan proceeds and be able to repay the maturing debenture on August 10, 2026, as scheduled. The Company has never disclosed the above conflict of interest. We therefore request to report and disclose information as detailed above. If any trust unitholder wishes to object to the trust's borrowing as specified above, you can make objections as follows: 1. Print the form as attached to Attachment 1 and fill in the information completely. 2. Send the completed and signed Transaction Objection Form mentioned in item 1 via by registered mail to the company's office by July 29, 2026. If the trust unitholders object to the said loan transaction in an amount exceeding one-fourth (1/4) of the total number of sold units of the trust. Such borrowing cannot be done. Company's opinion The Company has considered that the abovementioned loan will be beneficial to the Trust and the trust unitholders and is not contrary to the Trust Deed, laws, or any related announcements. This is because the loan conditions offered by Siam Commercial Bank are normal trading conditions that have gone through the company's credit line selection process. Please be informed accordingly. Yours faithfully, Mrs. Wilai Intagool Managing Director Charn Issara REIT Management Company 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.