PSH to Offer New Debentures to the General Public Indicative Coupon Rate between [3.40 - 4.00]% per annum for 2- & 3-Year Debentures Expected Subscription Period during 8 and 11-12 May 2026

The 2-year debentures with indicative coupon rate of [3.40 - 3.60]% per annum

The 3-year debentures with indicative coupon rate of [3.75 - 4.00]% per annum

The company will announce the final coupon rate prior to the subscription date. Interest will be paid on a quarterly basis throughout the debenture term. The debentures have been assigned a credit rating of "BBB+" with a "Negative" outlook by TRIS Rating Co., Ltd. on 6 March 2026. This rating is within "Investment Grade" category, making the debentures suitable for investors seeking predictable and consistent returns amid market volatility.

Ms. Jintana Insee, Group Chief Financial Officer of Pruksa Holding Public Company Limited state that although the Thai real estate market continues to face headwinds from the broader economic environment and weakened purchasing power, the company has maintained strong financial stability. PSH continues to operate with a low leverage and ample liquidity, supported by disciplined cost management and ongoing project development.

As of 31 December 2025, the Company recorded an interest-bearing debt-to-equity ratio of 0.33 times, reflecting prudent capital structure management. Such prudent management enhances financial flexibility and supports operations amid economic volatility. In addition, the Company has undrawn credit facilities from financial institutions, providing further liquidity and strengthening long term capital management.

In 2026, the Company targets total revenue of THB 18,800 million, comprising THB 15,000 million from the real estate business and THB 2,600 million from the healthcare business, with the remainder generated by other business units. Currently, the company holds a total backlog valued at THB 3,000 million, of which approximately THB 2.0 billion is expected to be recognized within 2026 and the remainder to be recognized in the following year. In addition, the Company currently holds an inventory portfolio valued at THB 66.4 billion, providing a strong pipeline to support continuous sales and ownership transfers going forward.

In 2026, Pruksa continues to advance its business restructuring strategy toward sustainable growth under the Reshaping Portfolio framework, driven by three key pillars—Asset-Optimized, Capital-Efficient, and Well Living-Focused—to enhance asset utilization, strengthen financial liquidity, and support long-term quality growth. Leveraging its unique position as the first and only real estate developer with an affiliated hospital business, the company integrates housing and healthcare under the Lifetime Well-Living concept. The Asset-Optimized pillar focuses on generating recurring income through the development of residential projects and new rental assets from its land portfolio, while the Capital-Efficient pillar emphasizes disciplined cash flow and capital structure management, alongside accelerating inventory sales to drive faster revenue recognition. Meanwhile, the Well Living-Focused pillar advances mid-to-upper segment projects and enhances healthcare services and wellness privileges for residents across all segments, reflecting the company's transition toward becoming a holistic well-being creator to support sustainable growth in the future.

PSH debentures offer an attractive investment option for investors seeking portfolio diversification and stable returns over the 2-3 year investment horizon. The proceeds from this offering will be used to refinance maturing debentures. The subscription period is expected to take place on 8 and 11-12 May 2026. The company has appointed 5 leading financial institutions, including KASIKORNBANK Public Company Limited, Kiatnakin Phatra Securities Public Company Limited, TMBThanachart Bank Public Company Limited, Asia Plus Securities Company Limited and Krungthai XSpring Securities Company Limited

Investors interested in subscribing to the debentures can review further details in the draft prospectus at www.sec.or.th or please contact the following 5 arrangers:

• KASIKORNBANK Public Company Limited Tel. 02-888-8888 press 869 (Including Kasikorn Securities Public Company Limited as a selling agent)
• Kiatnakin Phatra Securities Public Company Limited Tel. 02-165-5555 or subscribe via the Dime! application for individual investors (Including Kiatnakin Phatra Bank as a selling agent)
• TMBThanachart Bank Public Company Limited Tel. 1428 press #4 (Open for high-net-worth investors only)
• Asia Plus Securities Company Limited Tel. 02-680-4004
• Krungthai XSpring Securities Company Limited Tel. 02-695-5555

Note: The Company is in the process of submitting the registration statement and draft prospectus with the Office of Securities and Exchange Commission (SEC), which is not yet effective. The allocation of debentures is subject to the discretion of the lead arrangers. The offering conditions shall be in accordance with those specified in the registration statement and draft prospectus.

Disclaimer: Please ensure you understand the product characteristics, conditions, returns, and risks before making an investment decision. Investment involves risks. Investors should study the information in the draft prospectus before making an investment decision. Further details can be found in the registration statement and draft prospectus as outlined below.

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