Energy Absolute Public Company Limited (EA) will convene the Bondholders’ Meeting No. 3/2025 for 13 bond series on 9 July 2025 at 13.00 hours in a hybrid format, to be held at the Office Building of Next Point Public Company Limited (Grand Ballroom, 1st floor), No. 999/999, Moo 4, Ban Chalong Subdistrict, Bang Phi District, Samut Prakan province, and via electronic media. The matters for consideration are as follows:
          (1) Granting an exemption for the bond issuer’s non-compliance with the terms and conditions for not closing the bondholder register for convening the bondholders’ meeting and for calling the bondholders’ meeting less than seven days before the meeting date (applicable to all 13 series);
          (2) Granting an exemption from an event of default under the terms and conditions for the bond issuer’s request to the bondholders' meeting to restructure bond debt repayment by modifying the proposal regarding the extension of bond maturity period from the proposal previously presented to the Bondholders' Meeting No. 2/2025, which constitutes a debt payment deferral by the bond issuer, including any postponement or modification of debt repayment schedules or any adjustments related to any type of debt, whether proposed at the Bondholders' Meeting No. 3/2025, any adjourned meeting, or any other meeting (applicable to EA259A, EA261A, EA279A, EA281A, EA299A, EA301A, EA329A and EA331A series);  
          (3) Extending the maturity periods by an additional five years, granting the bond issuer the right to redeem the bonds prior to maturity (call option), increasing the interest rate by 0.50 percent per year throughout the extended maturity periods, and dividing the principal repayment into five annual installments, with the final installment payable on the extended maturity date, as follows:
          Installments 1-4: 10 percent of the principal value at bond issuance dates;
          Installment 5: 60 percent of the principal value at bond issuance date;
          (Applicable to EA279A, EA281A, EA299A, EA329A, EA301A and EA331A series granted an approval in Agenda Item 2 at the Bondholders’ Meeting 3/2025, and EA297A and EA298A series).
          (4) Granting an exemption from an event of default under the terms and conditions for the bond issuer’s proposal to the bondholders' meeting to restructure bond debt repayment by extending the maturity periods, granting the right to redeem bonds prior to maturity (call option), modifying the bond interest rates and providing for partial principal repayment that constitutes a debt payment deferral by the bond issuer, including postponement or modification of debt payment schedules, or any adjustments related to any type of debt, whether proposed at the Bondholders' Meeting No. 2/2025, or the Bondholders’ Meeting No. 3/2025, any adjourned meeting, or any other meeting (applicable to EA257A, EA269A and EA289A series); 
          (5) Revising the proposal regarding the extension of the bond maturity period by reducing the originally proposed extension from seven years to five years, and dividing the principal repayment of the bonds into five annual installments,  as follows:
          Installments 1-4: 10 percent of the principal value at bond issuance dates;
          Installment 5: 60 percent of the principal value at bond issuance date.
          (Applicable to three series: EA257A series as approved in Agenda Item 4 at the Bondholders’ Meeting No. 3/2025, and EA259A and EA261A series as approved in Agenda Item 2 at the Bondholders’ Meeting No. 3/2025).
          (6) Revising the bond maturity periods from seven years to five years, granting the bond issuer the right to redeem bonds prior to maturity (call option), increasing the interest rate by 0.50 percent per year throughout the extended maturity periods, and modifying the principal repayment schedule from seven to five installments, as follows:
          Installments 1-4: 10 percent of the principal values at bond issuance dates;
          Installment 5: 60 percent of the principal value at bond issuance date.
          (Applicable to two bond series: EA269A and EA289A series as approved in Agenda Item 4 at the Bondholders’ Meeting No. 3/2025).

The SEC requires that the bondholders’ representatives analyze the benefits and shortcomings as well as the potential impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons and the opinions of the bondholders’ representatives. The bondholders are, therefore, encouraged to thoroughly review the information and exercise their rights to protect their own interests. They should also make necessary inquiries to the bondholders’ representatives to obtain comprehensive information before making a voting decision at the bondholders’ meeting.     

Remarks: 

(1) Kiatnakin Phatra Bank Public Company Limited Public Company Limited serves as the bondholders’ representative for 11 series of EA bonds, as follows:   
          - EA257A bond due on 10 July 2025  
          - EA259A bond due on 8 September 2025   
          - EA261A bond due on 20 January 2026   
          - EA279A bond due on 8 September 2027  
          - EA281A bond due on 20 January 2028  
          - EA297A bond due on 11 July 2029   
          - EA298A bond due on 15 August 2029 
          - EA299A bond due on 8 September 2029   
          - EA301A bond due on 20 January 2030   
          - EA329A bond due on 8 September 2032   
          - EA331A bond due on 20 January 2033      

(2) Siam Commercial Bank Public Company Limited serves as the bondholders’ representative for two series of EA bonds, as follows:   
          - EA269A bond due on 29 September 2026   
          - EA289A bond due on 29 September 2028