EV Grand Company Limited is located at 32nd Floor, Exchange Tower Buldg., unit 3203-4, 388 Sukhumvit Road, Klong Toei, Bangkok . The company owns a 100% stake in EV Grand through its wholly-owned subsidiary Grande Asset Hotels and Property Plc.EV Grand operates real estate development business, in the process of acquiring land for future development.

As of 31 December 2023, EV Grand Company Limited ‘ s 4 directors are :

Honor Business Company Limited is locates at 32nd Floor, Exchange Tower Buldg., unit 3203-4, 388 Sukhumvit Road, Klong Toei, Bangkok .The company owns a 100% stake inHonor Business Company Limited through its wholly-owned subsidiary Grande Asset Hotels and Property Plc. Honor Business Company Limited manages Sheraton Hua Hin Resort and Spa Hotel by renting out the property from REIT

As of 31 December 2023, Honor Business’s 5 directors are:

Royal Orchid Hotel (Thailand) Public Company Limited (“ROH”) is located at 2 Captain Bush Lane, New Road, Bang Rak, Bangkok 10500. It was listed on the Stock Exchange of Thailand on 21 July 1989. ROH has Bt938,917,233 in registered capital, with Bt938,917,233 paid up. A number of 938,917,233 shares at Bt1 par value.Grand holds 910,710,380 sheres or 97%.

ROH mainly engages in a five-star hotel business, with 726 guest rooms and facilities such as function rooms, meeting rooms, facilities for seminars and exhibitions, international restaurants, a swimming pool, a tennis court, and a private wharf. ROH awards the management contract to US-based Sheraton Overseas Management Corporation, USA

As of 31 December 2023, Royal Orchid Sheraton Hotel (Thailand) Public Company Limited’s 12 directors are :

Note : ⁽¹⁾ Renamed from Ms.Monchanok Adhyanasakul

Owendelle Company Limited is located at 32nd Floor, Exchange Tower Buldg., unit 3203-4, 388 Sukhumvit Road, Klong Toei, Bangkok. The company owns a 100% stake in Owendelle through its wholly-owned subsidiary Grande Asset Hotels and Property Plc..Owendelle Company Limited owns the lease rights for the land which locates Sheraton Hua Hin Pranburi Villa as well buildings on the land.

As of 31 December 2023, Owendelle Company Limited’s 5 directors are :

Grand Global Gloves Company Limited is a joint venture of Grande Asset Hotels and Property Public Company Limited and Watanachai Rubber Mate Company Limited. Established on 9 November 2020, it is located at 4 Soi Ramkhamhaeng 19 (Chareon Ploy) Khwaeng Hua mak Khet Hua Mak, Bangkok. It is capitalized at Bt350 million and Bt162.50 million was paid up. The Company’s indirect holding, through Grande Asset Hotels and Property Public Company Limited, was 50.50%. Grand Global Gloves manufacturers and distributes medical rubber gloves. The machinery installation is underway at its factory in TFD Industrial Estate 2 , Chachoengsao.

As of 31 December 2023, Grand Global Gloves Company Limited’s 4 directors are :

Property Perfect International Pte.Ltd. (PPI), located at 9 Raffles Place #17-01 SBF Center Singapore 068914, established on 12 July 2012, has paid-up capital of 1 Singapore dollar. Owned 100% by the Company, PPI will invest in overseas property development business. Property Perfect International holds 68.28% in Kiroro Resort Holdings and the company holds 31.42%

As of 31 December 2023, Property Perfect International Pte.Ltd’s 3 directors are:

Note:⁽¹⁾ Renamed from Mr.Saranyu Adhyanasakul.

Kiroro Resort Holdings (Renamed from Share Group Since November 2014, located at 128-1 Tokiwa, Akaigawa-mura, Yoichigun, Hokkaido, Japan, is incorporated under the Japanese law for the investment in property development and hotel business. the Board of Directors approved Kiroro Resort Holdings’s investment in all shares of and loan claims against Kabushiki Kaisha Kiroro Associates Company Limited, from Mitsui Fudosan Resort Company Limited. The 100% shares were bought at the cost of 1 yen, or approximately Bt0.4050 (at the exchange rate of 100 yen for Bt40.50) .Kiroro Resort Holdings will also take over the claim on a loan to Kabushiki Kaisha Kiroro Associates from Mitsui Fudosan Company Limited. The loan is valued at 1,300.6 million yen, it is worth Bt526.7 million. The claim is valued 68 From 56-1 One Report 2023 at 160,000,000 yen or Bt64.8 million

KRH won the approval to buy Kiroro Resort’s assets from Mitsui Fudosan Resort Co.,Ltd. For 1,039.99 million yen or approximately Bt425.2 million. The assets covered 292-rai land, 2 hotel buildings (422 rooms), and ski assets and equipment. The combined transaction price was 1,200 million yen or Bt490 million. Inclusive of 700 million yen or Bt280 million transfer tax, the transaction was totally valued at 1,900 million yen or approximately Bt770 million. On 22 November 2021, the ski and hotel business in Japan was sold to GODO KAISHA KIRORO MANAGEMENT (GKKM) และ NAPIER TOKUTEI MOKUTEKI KAISHA (NAPIER TMK).

Property Perfect Public Company Limited’s direct holding in KRH was at 31.42% while PPI’s holding was 68.28%. KRH’s paid-up capital is 2,272,246,451 yen.

As of 31 December 2023, Kiroro Resort Holdings Company Limited’s 6 directors are :

Note:⁽¹⁾ Renamed from Mr.Saranyu Adhyanasakul

Hokkaido Holiday Service (HHS) is located at 128-1 Tokiwa, Akaigawamura, Yoichigun, Hokkaido, Japan. Registered as a legal entity under Japanese law on 19 June 2019, it is a joint venture of Kiroro Resort Holdings and Niseko Alpine Developments Company Limited (NISADE). It was established to manage Yu Kiroro condominium units and provide accommodation brokering services. It is capitalized at 5,000,000 yen or 100 shares at 50,000 yen apiece. The capital was fully paid-up. Kiroro Resort Holdings’ 51% stake is valued at 2,550,000 yen or Bt671,053.

In June 2020, KRH acquired the remaining 49% stake from NISADE which increased its direct holding in HHS to 100%.

In June 2020, NHS’s capital was raised by 5,000,000 yen or 100 shares at 50,000 yen apiece. KRH’s loan worth 31 million yen was also converted to equity, for 620 shares at 50,000 yen apiece. HHS’s paid-up capital is currently 41,000,000 yen.

As of 31 December 2023, Hokkaido Holiday Service Company Limited’s 3 directors are :

Note:⁽¹⁾ Renamed from Mr.Saranyu Adhyanasakul

Kiroro Alpine Estate (KAE) is located at 128-1 Tokiwa, Akaigawamura, Yoichigun, Hokkaido, Japan. Registered under Japanese law, it was established on 23 September 2020 with 1,000,000 yen in paid-up capital. KAE operates a property development business. The Company holds a 100% stake in the company.

As of 31 December 2023, Kiroro Alpine Estate Company Limited’s 1 director is:

Note:⁽¹⁾ Renamed from Mr.Saranyu Adhyanasakul

Retail Business Group

We Retail Public Company Limited (“We Retail”) is located at 2nd Floor, Metro Town, UnitD2-03, Kanlapaphuek Road, Bang Wah, Phasi Chareon, Bangkok. Formerly named Daidomon Group Public Company Limited (“Daidomon”) , It was registered as a public company on 27 April 2001. We Retail acquired the 99.99% stake of Centrepoint Shopping Mall Company Limited (“Centrepoint”), which develops shopping malls, office buildings and commercial space .and We Retail also holds a 50% stake in All Discount Co Ltd, a low-cost retail business operator. The discount store business was ceased as We Retail has shifted to become a distributor of rubber gloves for domestic and foreign clients.

The company is now capitalized at Bt4,761,824,999.40 with Bt 2,615,114,338.20 paid up, consisting 2,490,585,084shares or Bt 1.05 par value. The company hold 94.98 %.

We Retail is carrying out the development of an open shopping complex in the West of Bangkok. The community malls, namely Metro Town (Renamed from Metro West Town).

As of 31 December 2023, We Retail public company limited’s 6 directors are :

Centrepoint Shopping Mall Company Limitedis located at 2nd Floor Metro Town,unit D2-03., 212/3 Kulla Prapruek Rd., Bang Wah, Phasi Charoen, Bangkok. Established in December 2007. Centrepoint focuses on commercial development like shopping malls and rental office building.

Centrepoint Shopping Mall Company Limited owns the leasing rights of a some of a land plot on the east side of Ratchadapisek Road, planned for the development of a closed shopping mall and an office building. In August 2012, it won the leasing right for an opposite land plot on the west side of Ratchadapisek Road, which is aloso planned for the development of a closed shopping mall.

As of 31 December 2023, Centrepoint Shopping Mall company limited’s 5 directors are:

(We Retail’s Joint Venture)

All Discount Company Limitedis located at 21St floor., The Trendy Bdlg.,unit 2102C, 10/171 Sukhumvit Road, Khlongtan Nua, Wattana, Bangkok. Established in March 2016 , All Discount will develop and operate a nuveau low-cost retail business. It is capitalized at Bt100 million (1,000,000 shares at Bt100 par value), all paid-up. We Retail holds a 25% stake. All Discount has ceased a discount store business and is now a distributor of rubber gloves for domestic and foreign markets.

As of 31 December 2023 , All Discount Company Limitedis’s 4 directors as follows :

Ram Intra Mall was established in 2004 as Mariya Stuff. In August 2013, the Company bought all 100% shares of Mariya Stuff from its shareholders for Bt350 million. Mariya Stuff’s old shareholders had no connection with the Company. Through the purchase, the Company took control of the lease rights over a 34-rai land plot in Tambon Bueng Kum, Bang Kapi district, Bangkok. The 30-year lease period started from 9 April 2013 to 31 March 2043. The land is planned to house a shopping mall, which is being studied.

In August 2014, Mariya Stuff extended the lease by another 3 years (1 April 2043 through 31 March 2046). It was renamed to Ram Intra Mall in September 2014. In June 2016, the lease was extended by another 3 years (from 1 April 2046 to 31 March 2049).

Ram Intra Mall is located at 17th Floor, Vorasombat Building, 100/1 RamaIX Road, HuayKwang, Bangkok. It is registered with Bt350 million capital. The company holds 100% in the subsidiary.

As of 31 December 2023, Ram Intra Mall company Limited’s 2 directors are:

Construction Business Group

U & I Construction Bangkok Company Limited (“U & I”), is located at 2nd Floor Metro Town,unit D2-04, 212/3 Kallapapruek Rd., Bang Wah, Phasi Charoen, Bangkok. Established in April 2011, it has Bt100 million in registered capital ,all paid up. The company holds 100% in U & I.

U & I’s main objective is to offer services to construct single detached houses, duplex houses, townhouses and condominiums for the company and subsidiaries. As it will be securing direct contracts from the group, this will promise construction flexibility for the group and allow the company a better management on supply chain. The company also selected sub-contractorsto control the construction cost and construction period, as well as ensure effective control on the construction volume and quality.

As of 31 December 2023, U & I Construction Bangkok Company Limited ’s 3 directors are :

Perfect Prefab Company Limited (“Perfect Prefab”) is located at 3rd Floor Metro Town,unit D3-05, 212/3 Kanla Papruek Rd., Bang Wah, Phasi Charoen, Bangkok. Established in June 2011, it has Bt60 million in registered capital, The company holds 100% in Perfect Prefab.

The company established to manufacturer and install prefab structures, which are parts of single houses, townhouses and project fences, as well as condominiums. The automated production system is to ensure no effect from labor shortage. The company expects to benefit from the joint venture’s prefab technology. It now manufactures prefab materials for the Company’s projects, with the capacity to supply materials for the construction of 1,000 housing units per year.

As of 11 March 2023, Perfect Prefab Company Limited’s 7 directors are :

Services and Utitlities Business Group

Perfect Sport Club Company Limited (“Perfect sport Club”) is located at 134 kanla Papruek Rd., Bang Wah, Phasi Charoen, Bangkok, was established in February 2003. it was capitalized at Bt50 million, with Bt50 million paid-up. The Company owns 100%.

Perfect Sport Club operates fitness clubs and sport clubs of company and subsidiaries.

As of 31 December 2023, Perfect Sport Club Company Limited’s 4 directors are :

Thai Connect 2019 Company Limited is located at 17th Floor, Vorasombat Building, 100/1 Rama IX Road, HuayKwang, Bangkok. Established in July 2011, it has Bt100,000 in registered capital. It is 100% owned by the company.In August 2013, the registered capital was raised to Bt5,000,000 and 25% of the capital increase or Bt1,225,000, has paid-up capital of Bt.1,325,000 . It is designated to operate the Group’s rental properties.

As of 31 December 2023, Thai Connect 2019 Company Limited’s 3 Directors are :

Note: ⁽¹⁾Renamed from Mr.Saranyu Adhyanasakul.

T Utilities Company Limited is located at 116/1, Silom Road, Suriyawong sub-district, Bang Rak district, Bangkok. Established on 8 December 2015, it has Bt300 million in registered capital. all paidup. It is 45% owned by the company. T Utilities operates through co-investment in utilities companies and projects.

As of 31 December 2023, T Utilities Company Limited’s 5 Directors are :

TU1 Company Limited is located at 116/1, Silom Road, Suriyawong sub-district, Bang Rak district, Bangkok. Established on 3 July 2017, it has Bt70,000,000 in registered capital with Bt17.5 million paid-up. It is 45% owned by the company. T1 Utilities operates to investment in utilities companies and projects.

As of 31 December 2023, TU1 Company Limited’s 5 Directors are :

TU2 Company Limited is located at 116/1, Silom Road, Suriyawong sub-district, Bang Rak district, Bangkok. Established on 3 July 2017, it has Bt100,000,000 registered capital with Bt25,750,000 paid-up. It is 45% owned by the company. T2 Utilities operates to investment in utilities companies and projects.

As of 31 December 2023, TU2 Company Limited’s 5 Directors are :

TU3 Company Limited is located at 116/1, Silom Road, Suriyawong sub-district, Bang Rak district, Bangkok. Established on 3 July 2017, it has Bt10,000,000 registered capital ,all paid up. It is 45% owned by the company.T3 Utilities operates to investment in utilities companies and projects.

As of 31 December 2023, TU3 Company Limited’s 5 Directors are:

TU5 Company Limited is located at 116/1, Silom Road, Suriyawong sub-district, Bang Rak district, Bangkok. Established on 3 July 2017, it has Bt10,000,000 registered capital,all paid up. It is 45% owned by the company. T5 Utilities operates to investment in utilities companies and projects.

As of 31 December 2023, TU5 Company Limited’s 5 Directors are:

TU6 Company Limited is located at 116/1, Silom Road, Suriyawong sub-district, Bang Rak district, Bangkok. Established on 3 July 2017, it has Bt100,000,000 registered capital with Bt50.5 million paid-up. It is 45% owned by the company.T6 Utilities operates to investment in utilities companies and projects.

As of 31 December 2023, TU6 Company Limited’s 4 Directors are:

Social Enterprise and Community Energy Company Limited is located at 116/1, 4th floor of Lux Building on Silom Road, Suriwong, Bang Rak, Bangkok. It was established on 19 June 2018 with Bt1 million in registered and paid-up capital. The Company holds a 60% stake in the company which grows agricultural products for sale.

As of 31 December 2023, Social Enterprise and Community Energy Company limited’s 3 Directors are: