Prepare to Subscribe to "Bangchak Digital Debentures" 4-Year Debentures with 3.15% Yield on the "Paotang" App, Special Privilege for Existing Bangchak Digital Debenture Holders to Early Subscribe — D-Day 7 - 13 Feb, 2025

Ms. Phatpuree Chinkulkitnivat, Chief Financial Officer and Senior Executive Vice President, Accounting and Finance, Bangchak Corporation Public Company Limited, revealed that Bangchak and Krungthai Bank are preparing to issue and offer Bangchak Digital Debentures 1/2025 through the "Paotang" application for an issue size of THB 3 billion. The company has consistently offered digital bonds previously and has added something extra: for the first time, the company is providing existing digital debenture holders the right to early subscribe as demanded. Digital Debenture holders of BCP26OA and BCP26NB can subscribe from 7 to 13 February 2025, while general holders can subscribe from 11 to 13 February 2025.

Bangchak Digital Debenture is a specific-name bearer, an unsubordinated, unsecured debenture with a debenture holder representative. It is accessible to all Thais and can be traded in real-time, 24 hours a day, as an investment option that generates consistent returns. The fixed yield of 3.15% p.a., with an investment period of only 4 years, receives interest every 6 months. Bangchak Digital Debentures have been assigned a credit rating of "A+" with a "stable" outlook by TRIS Rating Co. Ltd. on 10 January 2025, reinforcing the company's stronger financial and business status following the successful integration of the Company's refining and marketing businesses along with the expansion of its petroleum exploration and production business operations, as well as the benefits of vertical petroleum business integration and investment diversification.

Ms. Phatpuree Chinkulkitnivat added that following the company's successful acquisition of Bangchak Sriracha Public Company Limited (BSRC), the company's refinery and marketing businesses were strengthened. In 2024, the company's credit rating was upgraded by TRIS Rating from A to A+, marking the highest rating the company has received since it began undergoing credit assessment. This improved credit rating will help reaffirm investor confidence and position Bangchak Digital Debenture as an attractive option. The company anticipates positive responses from all groups of investors, particularly existing Bangchak Digital Debenture holders, who will receive special privileges for early subscription. Digital debentures can be traded in real time, 24 hours a day, and interested investors can start investing with only THB 10,000 via the Paotang app. Regarding this fundraising round, Bangchak will use proceeds to further develop the company's operations towards continuous and sustainable growth.

Mr. Rawin Boonyanusasna, Head of Global Markets Group, Krungthai Bank, stated that this collaboration with Bangchak builds on the successful development of technology and investment products through digital channels to promote equal, convenient, and safe access while enhancing the Thai capital market by promoting access to financial and investment services, thereby reducing inequality in line with the United Nations' Sustainable Development Goals (SDGs). Digital Debentures on the Paotang app enable investors to trade in real time, 24 hours a day. Investors receive their debentures immediately upon purchase and can access funds upon sale. The app also provides information on holdings and trading prices in one place, addressing all aspects of savings and investment and fostering sustainable financial security for customers and the public.

"We are confident that this Bangchak Digital Debenture will attract significant interest from investors, as it represents an investment in a business with strong potential, growth opportunities, and consistent returns. Bangchak is a company that operates a comprehensive energy business that has long served Thais, alongside social and environmental stewardship, and is committed to driving sustainable energy transition. This is aligned with the Banks concept of "Innovation Creating Value, Meeting Customer Needs for Sustainability."

Prospective investors can register for a debenture trading wallet on the "Paotang" app starting today. Existing debenture holders can subscribe from 08.30 on 7 February 2025, while general investors can subscribe from 08.30 on 11 February 2025 until the tranche is fully subscribed. The minimum subscription amount is THB 10,000, with increments of THB 10,000, up to a maximum of THB 50 million per person. Subscriptions will be processed on a first-come, first-served basis. For more information, contact Krungthai Contact Center at 02-111-1111 or any Krungthai Bank branch.