Page 33 - BAM ONE REPORT 2565 (ENGLISH VERSION)

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Form 56-1 One Report 2022

Significant changes and development
Significant events of the company can be summarized as follows

Month/Year Important event

February 2022 BAM signed a Memorandum of Understanding (MOU) with Thailand Post Co., Ltd. to
collaborate on provision of BAM’s NPA survey and inspection service across the country in
order to enhance operating efficiency through streamlined processes and lower costs. This
would also include marketing service to promote BAM’s NPAs through Thailand Post
platforms and media.

March 2022 • BAM organized the “House/Land/Condo Festival by BAM 2022” on 1-31 March 2022,
offering for sale over 1,000 detached houses, vacant land, condominiums, townhouses
and commercial buildings nationwide to interested persons.
• TRIS Rating Co, Ltd. announced BAM’s company rating and issue rating on its unsecured
debentures at “A-” with “Stable” outlook.

April 2022 BAM issued Debenture No. 1/2022 in the amount of 9,500 million Baht to high-net-worth
investors and institutional investors, totalling 4 series which comprise 2-year term with
interest rate of 2.13% per annum, 5-year term with interest rate of 3.54% per annum, 7-year
term with interest rate of 3.92% per annum, and 10-year term with interest rate of 4.37%
per annum.

May 2022 BAM signed an MOU on NPL and NPA management with SENA Group, comprising SENA
Development Plc. (SENA) and T&T Asset Management Co., Ltd. (T&T). SENA will preliminarily
select BAM's NPAs for further development or construction as residential projects under
consortium partnership. In terms of NPL management, SENA will acquire collateralized NPLs
in the form of real estate projects for further management.

June 2022 • BAM stimulated property sales in the second half of 2022 as Thailand was coming out
of the COVID 19 crisis and the purchasing power was returning to the market. BAM
launched “Four-Star Homes by BAM” campaign during 15 June-15 July 2022 by selecting
over 1,500 residential units comprising detached houses, townhouses, commercial
buildings, and condominium units nationwide for sale with over 30% discount in order
to continuously respond to customer demand particularly those looking for quality properties
at affordable prices or those searching for affordable units that can be renovated as they wish.
• BAM received MEA Energy Awards 2022 for energy-efficient buildings in office buildings
category from Metropolitan Electricity Authority for the sixth straight year. This award
reflects BAM’s commitment to operating its businesses with responsibility for the environment
and building better quality of life for its employees within the organization. Over the past
years, BAM has implemented various measures to effectively diminish energy consumption,
aiming to reduce CO2 emissions to the atmosphere to combat global warming. The
Company also targets to be an organization with sustainable business operation and gives
importance to all the environmental, social and governance (ESG) dimensions.