Villa Kunalai Public Company Limited at its Annual General Meeting of Shareholders held on 26 April 2023, has resolved to approve the extension of the limit of the issuance and offering of short-term debentures and/or long-term debentures in the form of Bill of Exchange (B/E) and/or Bond from up to THB 1,000,000,000 to up to THB 2,000,000,000 at any point in time. The Company announced that on August 18, 2023, the Company has completed the issuance and offering of the debentures No. 1/2023 in the amount up to THB 200,000,000 details are as follows: Name of Debenture: Debentures of Villa Kunalai Public Company Limited No.

2023/1 due B.E. 2026. Offering type: These debentures are offered through the institute investors and the majority investors(II&HNW). Term of Debenture is 2 years, 9 month.

Issue Date is 18 August 2023. Maturity Date is 18 May 2026. Date to offer is 15 to 17 August 2023.

Par value is THB 1,000. Offering Price per Unit is THB 1,000. Amount of Debentures Issued is 200,000 units.

Value of Debentures Issued is THB 200,000,000. Interest Rate is Fixed rate of Interest at 7.10% per annum. Interest Payment Date: Every 3 months, date 18 February, 18 May, 18 August and 18 November during the term of the Debenture.

The first date of interest payment will be made on 18 November 2023 and the last payment of interest payment will be paid on 18 May 2029 which is the maturity date of the Debenture. Debenture holders' Representative: Bluebell Securities Co. Ltd. Debenture's Registrar: CIMB Thai Bank Plc.

Underwriters: Bluebell Securities Co. Ltd., Globlex Securities Co. Ltd., Merchant Partners Securities Pcl.

and Pi Securities Pcl.