JC Kevin Development Company Limited (JCKD), the issuer of JCKD206A bond, will electronically convene Bondholders’ Meeting No. 1/2025 on 1 December 2025 at 14.00 hours to consider the following matters:    

          (1) Extending the maturity period for the bond redemption by one year, to be due on 13 December 2027;

          (2) Revising the bond principal repayment conditions by reducing the number of installments from four to three;

          (3) Increasing the interest rate from 7.75 percent per year to 8.00 percent per year, effective from 13 December 2025 until the new maturity date, and adjusting the interest payment conditions as follows: payment of partial interest at 5.0 percent per year, with the remaining 3.00 percent per year suspended from 13 December 2025 until 13 December 2027. The suspended interest will accrue and be  payable together with the principal on the new maturity date or on the date of early redemption of the entire outstanding amount;   

          (4) Granting an exemption from an event of default under the terms and conditions for the company’s default on loan repayment obligations to other creditors with a total outstanding amount exceeding 400 million baht.  
           
The SEC requires that the bondholders’ representative 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’ 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’ e-meeting.

Remark:
Asia Plus Securities Co., Ltd. serves as the bondholders’ representative for the JCKD206A bond, to be due on 13 December 2026.