Arinsiri Land Public To inform the connected transactions

Subject:

To inform the connected transactions

To:

President

The Stock Exchange of Thailand

Transaction Date

October 1st 2022

The Connected Parties

The "Lessee" is Arinsiri Land Public Company Limited ("the

Company") which operates as a real estate owner and developer.

The "Lessor" is Miss Wimonjit Arintamapong the land and

construction owner.

Type of Transaction

The period of the leasing of the land and construction is six (6)

months from October 1st 2022 to March 31st 2023. The rental of

the entire Lease Term of this agreement is Baht 759,600

throughout the agreement period or Baht 126,600 a month.

Objective of the Leasing of the land

The objective of the project is to utilize land and construction for

and construction

the Company Head Quarter office building.

Details of Land and construction

Located on the land title deed no. 153637, Land no.

Involved

590,5135i0670-8 On an area of 497 Square Wah, Bang Saen Road

Bang Saen Soi 4 Nue Rd. Saen Suk, Muang, Chonburi 20130.

Term of Rental Agreement

six (6) months from October 1st 2022 to March 31st 2023

Details of Total Connected

The total payment of rental agreement for Land and Building for

Transaction (the value of the

six (6) months would not exceed Baht 759,600 throughout the

consideration)

agreement period. The Lessee hereby confirms paid of the rental

by monthly.

The Criteria for Determination of

It is a consideration and agreement between the Company and the

Leasing the Land

lessor. However, the Company cannot reveal that there is general

trading conditions.

Details of connected persons

Miss Wimonjit Arintamapong is the authorized director.

Directors who have a conflict of

Miss Wimonjit Arintamapong has not attended this meeting and

Interest

not voted on this agenda.

The opinion of the Board of

The Board of Directors has considered that Entering into the said

Directors

connected transaction is an extension of the lease of area with

buildings. To be used as the company's headquarters building

Which has continuously entered into the lease and extension of

the lease since October 1st 2016, with the lease agreement

expiring on September 30th 2022, it is necessary to extend the

lease at this time. In addition, the rental price of the area with

buildings that are appropriate and reasonable. The rental rate is

equal to the original lease. At a price of 254.73 baht per square

meter per month, which is not higher than the fair rental price

from an independent appraiser, which is equal to 280 baht per

square meter, so the Board of Directors has approved. And

approve the transaction as proposed above.

The opinions of the Audit

No different opinion from the opinion of the Board of Directors.

Committee and/or the directors that

are different from the opinions of the

Board of Directors

Type of connected transaction

The entering into the said transaction would be a connected

transaction under the Notification of the Capital Market

Supervisory Board No. Thor Chor.21/2551 regarding the criteria

for making connected transactions. And in accordance with the

announcement of the Board of Governors of the Stock Exchange

of Thailand regarding the disclosure of information and

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Transaction Date

October 16th 2022

Details of the Transaction

The recipient of financial assistance was Arinsiri Land Public

Company Limited. ("the Company")

The financial assistance provider was Miss Wimonjit

Arintamapong.

Type of Transaction

The company wishes to extend the repayment term of the

principal. From receiving financial assistance from Miss

Wimonjit Arintamapong. As working capital in the business. The

company still has to use the said working capital. By extending

for 1 year from October 15th 2022 to October 15th 2023.

The value of the transaction

The Company requests to extend the repayment term of the

principal.

Unsecured loans amount baht 25,000,000 million (Twenty-five

million baht only), the principal repayment period is not more

than 1 year from the date of the transaction. At the interest rate of

6.5% per annum

The total value of the transaction = maximum loan amount x

maximum interest rate x maximum loan period

= baht 25,000,000 x 6.5% x 1 year

= baht 1,625,000 (

One Million Six Hundred and Twenty-Five

thousand

Baht Only)

Details of connected persons

Miss Wimonjit Arintamapong is the authorized director.

Directors who have a conflict of

Miss Wimonjit Arintamapong has not attended this meeting and

Interest

not voted on this agenda.

The opinion of the Board of

The Board of Directors has considered the reasons and

Directors

necessities. Therefore, resolved that the approval of the extension

of the repayment period from receiving financial assistance from

such connected persons It's a reasonable list. Due to the economic

condition of the country is still fluctuating, affecting the overall

business. Especially the impact on the demand in the real estate

sector. Since the company still needs to use the said working

capital. In this regard, borrowing from the connected person Due

to its speed and flexibility in line with the needs of the company.

The interest rate is the same as that of the previous financial

assistance. And the interest rate is similar to that of the company

received from financial institutions. Therefore, the Board of

Directors has approved. And approve the transaction as proposed

above.

The opinions of the Audit

No different opinion from the opinion of the Board of Directors.

Committee and/or the directors that

are different from the opinions of the

Board of Directors

Type of connected transaction

The entering into the said transaction would be a connected

transaction under the Notification of the Capital Market

Supervisory Board No. Thor Chor.21/2551 regarding the criteria

for making connected transactions. And in accordance with the

announcement of the Board of Governors of the Stock Exchange

of Thailand regarding the disclosure of information and

operations of listed companies in connected transactions 2003,

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