Padaeng Industry Public: Notification of Completion of Investment in Urban Resort Hotel Company Limited and Waterfront Hotel Company Limited

(-Translation-)

No. BEYOND/BKK-BS-043/2022

July 26, 2022

Subject: Notification of completion of investment in Urban Resort Hotel Company Limited and Waterfront Hotel Company Limited

For the attention of the President

The Stock Exchange of Thailand

Refer to: Notification of the Company to SET No. PDI/BK-BS-063/2021 Subject: Notification of the resolutions of the Extraordinary General Meeting of Shareholders No. 2/2021 (via electronic media (E-EGM))

Reference is made to Extraordinary General Meeting of Shareholders Resolution No. 2/2021 of Bound and Beyond Public Company Limited (the “Company”) held on 23 September 2021 at 10.00 a.m. via electric media (E-EGM), which approved the additional acquisition of ordinary shares of Urban Resort Hotel Company Limited (“URH”) and Waterfront Hotel Company Limited (“WFH”) for an amount of 173,950,000 shares and 95,550,000 shares, respectively, representing 49.00% of the paid-up capital of URH and WFH of Landmark Holdings Company Limited (LH), which is considered a related person. The acquisition price is THB 10 per share (par value THB 10 per share), giving a total investment value of THB 2,695.00 million. After the additional acquisition, the Company will own 100.00% of URH and WFH and will obtain complete control of both companies. URH and WFH respectively own the rights to use the assets, land and related rights of the Four Seasons Hotel Bangkok on the Chao Phraya River and the Capella Bangkok.

The Company wishes to inform that, on December 27, 2021, the Company completed the first round of acquisition of the ordinary shares of URH and WFH in the proportion of 25.00% of the paid-up capital 1 . Subsequently, on April 12, 2022, the Company completed its second round of acquisition in the proportion of

12.00%, and on July 25, 2022, the Company acquired all of the remaining shares of 12.00%. Accordingly, the Company currently holds a total of 100.0% of the paid-up capital of URH and WFH, in accordance with the investment plan approved by the shareholders of the Company.

Please be informed accordingly.

Cordially,

(Ms. Kamonwan Wipulakorn)

General director

Board Secretariat Department

Such. +662 028 2626 Extension 9101-2

Investor Relations Department

Such. +662 028 2626 Extension 9414

1 Refer to Company Notification to SET No. BEYOND/BKK-BS-082/2021 Regarding Notification of Completion of Investment in Urban Resort Hotel Company Limited and Waterfront Hotel Company Limited dated December 28, 2021.

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