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(-Translation-) Ref. No. U.SET 027/2018 June 4, 2018 Subject: Acquisition of 50 percent of ordinary shares in the subsidiaries of Sansiri Public Company Limited To: The President The Stock Exchange
between the Company and Sansiri Public Company Limited (“Sansiri”), namely BTS Sansiri Holding Fifteen Limited (“BS15”), BTS Sansiri Holding Twenty Limited, BTS Sansiri Holding Twenty Four Limited and BTS
UE, which ws funded by a capital increase via issuance of preferred shares last quarter. The majority of assets acquired by EBT of UE was the BTS- Sansiri JV (Sansiri JV) Net debt to equity ratio as
with Sansiri 31 March 2020: The Company entered into transaction to purchase and sell ordinary shares of joint ventures between the Company and Sansiri as follows; MANAGEMENT DISCUSSION & ANALYSIS 1Q
June 2018: Four additional Projects for Sansiri JV. The Company acquired 50% of the total ordinary shares in 4 subsidiaries of Sansiri Public Company Limited (Sansiri) at a total price of THB 75.5mn. As