BTS Group ready to offer 2 tranches of debentures on 9, 10 and 13 January 2025

BTS Group Holdings Public Company Limited or BTS Group is ready to offer Unsubordinated and Unsecured Debentures with a Debentureholders' Representative in the Name-Registered to the General Public, with two distinct tranches; a 2-year tranche with coupon rate of 4.30% per annum and the 5-year tranche with coupon rate of 4.80% per annum. Interest payments will be on semi-annual basis. The subscription period is on 9, 10 and 13 January 2025, through 10 leading financial institutions as joint lead arrangers. The debentures have been assigned an "investment-grade" credit rating of "BBB+" with a "Stable" outlook by TRIS Rating, reflecting the company's strength, diverse business operation, and solid financial position.

Ms. Chawadee Rungruang, Chief Financial Officer of BTS Group Holdings Public Company Limited, stated that BTS Group debentures are an ideal choice for investors, who seek stable and consistent returns in a declining interest rate environment or who wish to invest in a financially stable company. The company is rated "investment grade" at "BBB+" with a "Stable" outlook from TRIS Rating as of 21 June 2024, reflecting its strong business and financial profile.

BTS Group successfully raised THB 13.2 billion through a Rights Offering (RO) in October 2024. The transaction met strong investor demand, resulting in oversubscription and demonstrating overwhelming confidence and support from investors. Moreover, Bangkok mass transit system public company limited ("BTSC"), subsidiary of BTS Group, already received debt repayment approximately THB 14.5 billion for the operation and maintenance (O&M) fees related to the Green Line project extension 1 and 2 (1st lawsuit), The payment is made on 27 December 2024, following the Supreme Administrative Court ruling. These have significantly enhanced liquidity while reducing leverage, strengthening company's financial position and future growth opportunities. Furthermore, the proceeds from this offering will be used to repay existing debt obligations.

BTS Group operates across various industries, focusing on utilizing data from mass transit network information and advertising media. The company forms business alliances to enhance business value through its 3 platforms including: 1) MOVE platform, a provider of seamless travel with various transportation facilities to improve the quality of life; 2) MIX platform, an Offline-to-Online Comprehensive solutions marketing service provider, who effectively utilizes database for the group of companies and business partners; and 3) MATCH platform which creates new business opportunities and cooperation through sharing the MOVE and MIX platforms with the group and business partners.

The debentures will be distributed by 10 leading financial institutions, including Bangkok Bank Public Company Limited, Krung Thai Bank Public Company Limited, KASIKORNBANK Public Company Limited, the Siam Commercial Bank Public Company Limited, CIMB Thai Bank Public Company Limited, Kiatnakin Phatra Securities Public Company Limited, Maybank Securities (Thailand) Public Company Limited, Yuanta Securities (Thailand) Company Limited, Asia Plus Securities Company Limited and KGI Securities (Thailand)Public Company Limited.

All joint lead arrangers have reported to receive very positive feedback from investors. The 10 participating financial institutions are currently providing supporting information to investors and preparing their distribution channels for the offering. The key factors driving such positive investors' feedback include the attractive yield, good credit rating, company's solid fundamentals, growth potential, and strong financial position. In addition to successful of capital raising through Right Offering of the Company, the Bangkok Metropolitan Administration and the Krungthep Thanakom (KT) already paid principal and accrued interest payments for operation and maintenance (O&M) receivables, which will further enhance the company's capital base. BTS Group will use proceeds from this bond issuance to repay existing debt, which will further strengthen capital structure of the company.
Potential investors who are interested in the subscription of the Debentures of BTS Group can subscribe with a minimum subscription of 100,000 baht and multiples of 100,000 baht at a time. For more information, please visit SEC's website at www.sec.or.th or please contact the following 10 joint lead arranger financial institutions:

Arrangers for both 2-year and 5-year tranches

• Bangkok Bank Public Company Limited (except Micro Branches) Tel. 1333, or subscribe online via Bangkok Bank Mobile Banking application (for individuals only).
• Krung Thai Bank Public Company Limited, Tel. 02-111-1111, or subscribe online via Krungthai Next application (for individuals only)
• KASIKORNBANK Public Company Limited (Retail investors can subscribe via online channel (https://www.kasikornbank.com/kmyinvest), non-residents can subscribe at head office and branches) Tel. 02-888-8888 press 869
• The Siam Commercial Bank Public Company Limited Tel. 02-777-6784, or subscribe online via the SCB EASY application (for individuals only), including InnovestX Securities Co., Ltd., as a sales unit of the Siam Commercial Bank Public Company Limited. Tel. 02-949-1999
  Arrangers for only 2-year tranche
• CIMB Thai Bank Public Company Limited Tel. 02-626-7777, or subscribe online via the CIMB Thai application
• Kiatnakin Phatra Securities Public Company Limited Tel. 02-165-5555, or subscribe online via the application Dime! for individual general investors, including Kiatnakin Phatra Bank Public Company Limited, as a sales unit of Kiatnakin Phatra Securities Public Company Limited.
• Maybank Securities (Thailand) Public Company Limited Tel. 02-658-5050
• Yuanta Securities (Thailand) Company Limited Tel. 02-009-8351-56
• Asia Plus Securities Company Limited Tel. 02-680-4004
• KGI Securities (Thailand) Public Company Limited Tel. 02-658-8888