Eastern Power Group Public Company Limited (EP) will convene the Bondholders’ Meeting No. 2/2025 for EP259A bond series on 28 August 2025, and the Bondholders’ Meeting No. 3/2025 for EP249A bond series on 2 September 2025 at 14.00 hours, to be held in a hybrid meeting format, comprising an electronic meeting (e-meeting) and a physical meeting at Miracle Grand Hotel (Boardroom, 4th Floor, for EP259A bond series, and Gemini Room, 3rd Floor, for EP249A bond series), No. 99, Kampaengpet 6 Road, Baan Ken Sub-district, Lak Si District, Bangkok. The matters for consideration are as follows:  

For EP259A bond series:  

    (1) Extending the redemption maturity period by an additional one year, to be due on 30 September 2026;  

    (2) Increasing the bond interest rate, from the original rate of 5.75 percent per year to 6.25 percent per year, starting from the extended maturity period, according to the rules and procedures specified in the terms and conditions.  

For EP249A bond series

    (1) Granting an exemption from an event of default under the terms and conditions for the bond issuer’s proposal to, and receipt of approval from, the Bondholders’ Meeting No. 1/2024 for EP249A bond series, the Bondholders’ Meeting No. 2/2024 for EP24DA bond series, and the Bondholders’ Meeting No. 1/2025 for EP253A bond series, to extend the maturity date of each bond series by an additional one year—which may be considered as entering into any agreement with one or more creditors for the purpose of debt restructuring in the nature of granting a debt repayment deferral, with an aggregate debt amount exceeding 500 million baht;  

    (2) Extending the redemption maturity period by an additional six months, to be due on 14 March 2026;  

    (3) Increasing the bond interest rate, from the original rate of 5.75 percent per year to 6.00 percent per year, starting from the extended maturity period according to the rules and procedures specified in the terms and conditions.

The SEC requires that the bondholders’ representative analyzes 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’ representative. 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’ representative to obtain comprehensive information before making a voting decision at the bondholders’ meeting.      

Note:  
Yuanta Securities (Thailand) Co., Ltd. serves as the bondholders’ representative for EP259A bond, to be due on 30 September 2025, and EP249A bond, to be due on 14 September 2025.