Page 348 - BAM ONE REPORT 2564 (ENGLISH VERSION)

346 Attachment

Lease Agreements
As of December 31, 2021, the Company has the leasehold right under the sub-lease agreement for a 3.5-storied
commercial building located in Chachoengsao Province, the details of which are as follows:

The leasehold right under the sub-lease agreement for a 3.5-storied commercial building in Chachoengsao
Province
Contract parties Mrs. Jeeranan Siangthanawat (“the Sub-lessor”) and the Company (“the Sub-lessee”)
Agreement date September 29, 2021.
Sub-leased property Two units of 3.5-storied commercial building, located at 108/16-17 Maha Chakkraphat Road,
Na Mueang Sub-district, Mueang Chachoengsao District, Chachoengsao Province.
Characteristics of The Sub-lessor agrees to give the Sub-lessee the leasehold right to the property with the
the agreement objective of using it as an office for conducting the Sub-lessee’s business operation only,
whereas the Sub-lessor is a lessee under the Lease Agreement dated February 14, 2005
between the State Railway of Thailand and the Sub-lessor.
Lease term The leasehold right under this Sub-Lease Agreement is valid for a period of 10 years, from
October 1, 2021 to September 30, 2023.

Policy on investment in subsidiaries or associated companies
As of December 31, 2021, the Company does not have any subsidiary and/or associated companies. However,
if in the future the Company conducts any investment that will thereby create a subsidiary and/or associated companies,
the Company will formulate an operational framework in accordance with its investment policy whereby the investment
must be made in the entities that contribute to business operation of the group and help to achieve synergy or deliver
benefit or return on investment in such companies.

In this regard, the Company will mainly invest in the entities that have the same objectives of business operation
as those of the Company’s core business or the entities that are similar in nature to the Company or whose business
will support the Company’s business, which will enable the Company to achieve better performance or higher profit.
The Company will also invest in the entities that can create synergy, which will lead to a more comprehensive operation
of its core business and, thus, enhance its competitiveness.

Nevertheless, the acceptance of transfer of securities (shares) from the debt restructuring process and the
purchase of NPAs, which are securities, from financial institutions under the Emergency Decree on Asset Management
Company, which are parts of the Company’s business operations, will not be considered as a form of investment
made in the subsidiaries and/or associated companies under this policy as the Company will further sell out those
securities in due course.

Property appraisal list
- None -