Ticon Freehold and Leasehold Real Estate Investment Trust: Report on Investment in Additional Investment Assets of FRASERS PROPERTY THAILAND INDUSTRIAL FREEHOLD & LEASEHOLD REIT (FTREIT)

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CLOSED N° 024/2022

August 1, 2022

Matter:

Frasers Property Thailand Additional Investment Assets Investment Report

Freehold and Leasehold Industrial REIT (FTREIT)

Attention:

President

The Stock Exchange of Thailand

Reference is made to Extraordinary General Meeting of Trust Unitholders No. 1/2022 of Frasers Property Thailand Industrial Freehold & Leasehold REIT (“FTREIT“) held on June 20, 2022 by adopting the resolution and approving the investment in the additional investment assets having 27 units with a value not exceeding 1,716 million baht (excluding the expenses related to the assets of Sources of funds for investment in the Additional Investment Assets will be from the issuance of Debentures whose maximum amount outstanding at any time will not exceed 14,000 million Baht in accordance with the resolutions passed at the 2020 Annual General Meeting of FTREIT Trust Unitholders and/or Short Term Loans (which may be in the form of a short term revolving credit facility, a short term credit facility provided by commercial banks, etc.) and/or long-term loans, the aggregate amount at any time not exceeding 10,000 million Baht according to the resolutions passed at the annual general meeting of securityholders FTREIT Trust Arts of 2021. Frasers Property Industrial REIT Management (Thailand) Company Limited (the “REIT Manager“) hereby reports on the progress of the investment in the Additional Investment Assets as follows:

On August 1, 2022, FTREIT successfully invested in a portion of the additional investment assets worth approximately 133,100,000 baht (excluding additional investment asset expenses) for the ownership of land and the ownership of 2 factory buildings, divided into 2 units, including other assets which are part of said land and factory buildings in Banwa (Hi-Tech) Industrial Zone located at Tambol Ban Pho, Amphur Bangpa-in, Province of Phra Nakhon Si Ayutthaya from Frasers Property (Thailand) Public Company Limited (“FPT“).

Details of the additional asset investment made by FTREIT on August 1, 2022 are set out in the appendix.

1

Please be informed accordingly.

Cordially,

Frasers Property Thailand Industrial Freehold & Leasehold REIT

by Frasers Property Industrial REIT Management (Thailand) Company Limited

as manager of the REIT

(Mr Thanarat Boonyakosol)

General director

2

Pregnant

Details of the additional investment in the assets made by FTREIT

Assets Invested by Transfer of Ownership of Frasers Property (Thailand) Public Company Limited in Banwa (Hi-Tech) Industrial Zone, Tambol Ban Pho, Amphur Bangpa-in, Phra Nakhon Si Ayutthaya Province

Title deed

Approximate

Approximate land

Factory

Ground

Commendable

Factory details

Bought

Investment

No.

Nope.,

Area

Building no.

No.

building area

Building

Price (baht)

Structure

Land no.

(Rai-Ngan-Sq.wah)

(m²)

A reinforced floor

Land ownership

1.

S2

G14/5

86739, 709

2,200

concrete building with

4-0-0.9

and factory

mezzanine

133,100,000

building

A reinforced floor

Land ownership

2.

B2.2

G14/6

61552, 577

2,625

concrete building with

4-1-50.1

and factory

mezzanine

building

-1-

Disclaimer

Frasers Property Thailand Industrial Freehold & Leasehold REIT published this content on August 01, 2022 and is solely responsible for the information contained therein. Distributed by Audienceunedited and unmodified, on August 01, 2022 12:24:12 UTC.

Public now 2022

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Last closing price THB10.90
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