BANGKOK, 20 AUGUST 2026

Frasers Property (Thailand) Public Company Limited (“FPT”) and Frasers Property Thailand Industrial Freehold & Leasehold REIT (“FTREIT”), an industrial REIT under Frasers Property Thailand, have successfully completed their debenture offerings to institutional and high-net-worth investors, raising a combined THB 4.3 billion.

Strong demand enabled both offerings to close quickly. Subscriptions for FPT’s THB 3.1 billion debentures reached 2.3 times the offered amount while subscriptions for FTREIT’s THB 1.2 billion debentures reached 3.5 times the offered amount. Both debenture issues were rated “A” with a “Stable” outlook by TRIS Rating.

Proceeds will be used primarily to refinance existing debt and support the ongoing business operations of FPT and FTREIT, strengthening capital flexibility and quality of earnings across the Group.

Mr Lim Hua Tiong, Chief Executive Officer of Frasers Property (Thailand) Public Company Limited (“FPT”), said, "This successful fundraising signals a strong vote of confidence from investors, and more importantly, gives FPT greater flexibility to manage the business well. It is testament of our proactive capital management approach, while allowing us to swiftly allocate resources to our highest-potential businesses and assets as opportunities arise. This supports our efforts to improve our quality of earnings and deliver more stable, sustainable growth across our integrated multi-asset class portfolio over the
long term.”

Mr Bhumpharn Arunthammakul, Managing Director of Frasers Property Industrial REIT Management (Thailand) Company Limited (“FIRM”), as the REIT manager of Frasers Property Thailand Industrial Freehold & Leasehold REIT (“FTREIT”), said, "Thailand's industrial and logistics sector continues to benefit from strong structural tailwinds-rising foreign direct investment, manufacturing relocation, and growing demand from future-focused industries such as digital, electronics and automotive. This strong response to FTREIT's debenture offering, oversubscribed by 3.5 times, reflects investor confidence in our high-quality portfolio and disciplined capital management. FTREIT is well positioned to capture demand faster and deliver a clear speed-to-market advantage for our customers. We remain focused on driving strong asset performance across our properties to support our customers and unitholders."