Grande Asset Hotels and Property Public Company Limited (GRAND), the issuer of GRAND25OA bond, will electronically convene the Bondholders’ Meeting No. 2/2025 on 18 June 2025 at 14.00 hours to consider the following matters:    
          (1)  Extending the maturity period for the bond redemption by eight months, to be due on 12 June 2026;   
          (2)  Increasing the interest rate by 0.30 percent per year, from 7.35 percent per year to 7.65 percent per year throughout the extended maturity period.  

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:
Daol Securities (Thailand) Public Company Limited serves as the bondholders’ representative for the GRAND25OA bond, to be due on 12 October 2025.