Internet Thailand Public Company Limited announced (company) as the board of directors' meeting of the company dated 26 June 2023 has resolved to approve the company to enter into a land acquisition transaction from Mandala Communication Company Limited (Mandala) to enter into asset acquisition and disposition transactions and other transactions related to the acquisition and disposition of assets with INET Leasehold Real Estate Investment Trust (INETREIT), to approve the company and/or its associated persons to enter into transactions related to the acquisition of the Trust Units of INETREIT, and to authorize the person appointed by the Board of Directors of the Company with the authority to take any actions necessary for or in connection with and beneficial to the entering into the land acquisition transaction from Mandala and the asset acquisition and disposition transactions with INETREIT and the Board of Directors' Meeting of the Company No. 9/2023 held on 24 August 2023 has resolved to approve additional amendments to the details of the asset acquisition regarding the terms and conditions of the operating lease transactions of the INET-IDC3 Project Phase 2 with INETREIT, the details are as follows: Approval for the Entering into the Land Acquisition Transaction from Mandala by Approving the Entering into the Following Relevant Transaction: Approval for the Company to purchase the plots of land from Mandala, i.e., the Land Area of the INET-IDC3 Project Phase 2, the Land Area of the Common Facility Building in the INET- IDC3 Project, and the Land Area of the Common Roads within the INET-IDC3 Project (including the proceedings with actions related to the servitude registration over the common properties of the INET-IDC3 Project) for the purpose of reselling such plots of land to INETREIT in accordance with the details in (B). (B) Approval for the Entering into Asset Disposition Transactions to INETREIT by Approving the Entering into the Following Relevant Transactions: Approval for the Company to sell plots of land, structures, and equipment related to the operations of INET-IDC3 Project Phase 2, including the racks and other related connectivity devices, 246 racks of high-technology core network devices, processor units, data storage, and its associated software to INETREIT.

Approval for the Company to sell the Land Area of the Common Facility Building of the INET-IDC3 Project and the Land Area of the Substation Control Building being utilized for both INET-IDC3 Project Phase 1 and Phase 2 to INETREIT (as well as revocation of the right of superficies, termination of leasehold rights, and undertaking actions related to the amendment of agreements concerning INETREIT). Considering the size of the Asset Disposition Transactions as calculated based on the comparison of the total value of consideration basis, the size of the Asset Disposition Transactions is not less than THB 2,500 million and not greater than THB 3,200 million, or equivalent to not exceeding 28.44%. (C) Approval for the Entering into Asset Acquisition Transactions by Approving the Entering into the Following Relevant Transactions.