Eastern Power Group Public Company Limited (EP), the issuer of EP253A bond, will convene the Bondholders’ Meeting No. 1/2025 on 4 March 2025 at 14.00 hours electronically and onsite at Miracle Grand Convention Hotel (Magic Room 1 on G Floor), at 99, Kamphaeng Phet 6 Road, Talad-Bangkhen, Laksi, 10210, Bangkok. The hybrid meeting contains matters for consideration as follows:       

(1) Approving the use of 13 February 2025, which is the closing date of the bondholder register for interest payment and/or any benefit distribution, as the closing date of the bondholder register for convening the Bondholders' Meeting No. 1/2025;  

(2) Granting a waiver from an event of default in the case where the company closes the bondholder register later than 14 days before the bondholders’ meeting date;           

(3) Extending the bond maturity date by one additional year, with the new maturity date set for 14 March 2026;  

(4) Increasing the interest rate from 5.50 percent per year to 6.00 per year, during the extended maturity period. 

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.      

Remark:
Bank of Ayudhya Public Company Limited is the bondholders’ representative for the EP253A bond due on 14 March 2025.