Singha Estate Public Company Limited

Attachment 1

Assets Used for Business Operation and Details of Assets Appraisal

Attachment 1 - Page 1 Singha Estate Public Company Limited

Assets Used for Business Operation On 31 December 2020, the Company has assets used for business operation consisting of residential properties, commercial properties, lands, buildings, equipment used for hospitality business operation and right- of-use-assets with a total value of Baht 43,665 million (pursuant to the consolidated financial statements). Details are as follows:

List of Assets Value (Million Baht) Residential Properties 5,424 Commercial Properties (or Properties for Investment) 1 16,902 Lands, Buildings and Equipment (Hospitality Business) 21,339 Total 43,665

1 Market price pursuant to the consolidated financial statements

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Residential Properties Size of Land for Encumbrances Entire Characterized Project Project Type Location (Entire / Partial Project Ownership Mortgage with) (Rai-Ngan- Sq. Wah.) The Esse Asoke Condominium 333 Sukhumvit 21 Road, 3-1-26 Owner Nil Condominium Klongtoey Subdistrict, , The ESSE at Condominium Corner of Asoke Montri 2-1-26 Owner ICBC1 Singha Complex and Petchaburi Road Condominium (Formerly known as the Embassy of Japan), Bangkapi Subdistrict, , Bangkok The ESSE Condominium Around the corner of Soi 9-2-50 Owner BAY2 Sukhumvit 36 Sukhumvit 36, Sukhumvit Condominium Road, Phrakhanong Subdistrict, Klongtoey District, Bangkok Santiburi the Low-rise Pradit Manutham Road, 12-12-59 Owner Nil Residences Residential Nuanchan Subdistrict, 16-34-0 Owner BBL3 Project , Bangkok Sukhumvit Land, Condominium Tan Nuea 1-3-69 Owner ICBC1 S43 Condominium Subdistrict, Watthana District, Bangkok The EXTRO Condominium Phayathai Subdistrict, 2-0-72 Owner BAY2 Phayathai- , Rangnam Bangkok Condominium

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Commercial Properties Lands and Buildings Size of Land for Encumbrances Entire Characterized Project Project Type Location (Entire / Partial Project Ownership Mortgage with) (Rai-Ngan- Sq. Wah.) The Light House Shopping Charoen Nakhon Road, 2-3-62 Owner Nil Center Klong Ton Sai Subdistrict, , Bangkok Suntowers Office Building Viphavadi-Rangsit 5-3-20 SCB Asset Nil and Retail Road, Chomphon Management Area for Rent Subdistrict, Chatuchak Co., Ltd. District, Bangkok 0-1-20 Owner 2-storey Retail Area for Viphavadi-Rangsit 0-1-0 Owner Nil Commercial Rent Road, Chomphon Building at Sun Subdistrict, Chatuchak Plaza 2 District, Bangkok Sun Plaza 2 Retail Area for Viphavadi-Rangsit 1-2-40 Owner Nil Rent Road, Chomphon Subdistrict, , Bangkok Singha Complex Office Building Corner of Asoke Montri 7-8-26 Owner BAY2 and Retail and Petchaburi Road Area for Rent (Formerly known as the Embassy of Japan), Bangkapi Subdistrict, Huai Khwang District, Bangkok The Marina at Retail Area for Emboodhoo Lagoon in 122-0-21 Owner EXIM BANK4 CROSSROADS Rent Kaafu Atoll, the Maldives Republic of Maldives Parking Building Parking Area Lat Yao Subdistrict, 3-0-3 Owner Nil at Soi Choei , Phuang Bangkok

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Size of Land for Encumbrances Entire Characterized Project Project Type Location (Entire / Partial Project Ownership Mortgage with) (Rai-Ngan- Sq. Wah.) S Oasis Office Chomphon Subdistrict, 6-3-24 Owner KTB5 Building Chatuchak District, Bangkok Metropolis Office Klongtoey Nuea 2-0-19 Owner Nil Building Subdistrict, Watthana District, Bangkok

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Right-of-Use-Assets Size of Land for Encumbrances Project Entire Characterize Term of Project Location Ownership (Entire / Partial Type Project d Ownership Agreement Mortgage with) (Rai-Ngan- Sq. Wah.) 2-storey Retail Viphavadi-Rangsit 0-1-0 Owner Mr. Rath Starting Nil Commercial Area for Road, Chomphon Choeiphuang from 1 June Building at Sun Rent Subdistrict, 2015, 3-year Plaza 2 Chatuchak lease District, Bangkok agreement Sun Plaza 2 Retail Viphavadi-Rangsit 1-2-40 Owner Penrath Starting Nil Area for Road, Chomphon Co., Ltd. from 15 Rent Subdistrict, February Chatuchak 2016, 15- District, Bangkok year lease agreement Parking Building at Parking Lat Yao 3-0-3 Owner Choeiphuang Starting Nil Soi Choei Phuang Building Subdistrict, 999 Co., Ltd. from 1 Bang Khen January District, Bangkok 2017, 30- year lease agreement S Oasis Office Chomphon 6-3-24 Owner Ms. Woranong Starting KTB5 Building Subdistrict, Choeiphuang from 1 Jan Chatuchak District, and Ms. 2019, 33- Bangkok Thipsuda year lease Choeiphuang agreement

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Lands, Buildings and Equipment (Hotel Business) Lands and Buildings Size of Land for Entire Encumbrances Project Characterized Project Location Project (Entire / Partial Type Ownership (Rai-Ngan-Sq. Mortgage with) Wah.) Phi Phi Island Hotel Phi Phi Don Island, Ao 167-1-42 Owner KBANK6 Village Beach Nang Subdistrict, Resort Mueang District, Krabi Province Saii Lagoon Hotel Emboodhoo Lagoon in 37-0-94 Owner EXIM BANK4 Maldives Kaafu Atoll, the Republic of Maldives Hard Rock Hotel Hotel Emboodhoo Lagoon in 46-3-3 Owner EXIM BANK4 Maldives Kaafu Atoll, the Republic of Maldives Outrigger Hotel Choeng Thale Subdistrict, 52-3-87 Owner KBANK6 Laguna Phuket Thalang District, Beach Resort Phuket Province Outrigger Fiji Hotel Conua District, Viti Levu 967-1-25 Owner ANZ7 Beach Resort Island, Fiji Castaway Island Hotel Castaway (Qalito) Island, 183-2-39 Owner ANZ7 Fiji Outrigger Hotel Allee des, Bel Ombre, 55-1-87 Owner Afrasia8 Mauritius Beach Mauritius Resort

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Right-of-Use-Assets Size of Land for Encumbrances Project Entire Characterized Term of Project Location Ownership (Entire / Partial Type Project Ownership Agreement Mortgage with) (Rai-Ngan- Sq. Wah.) Castaway Island, Hotel Malolo District, 183-2-39 Owner Tokatoka Starting ANZ7 Fiji Resort Nadi, Fiji Nalotulevu from 1 July Mataqali 1993, 89- Ketenamasi of year lease the Solevu agreement Village Outrigger Koh Hotel Borpud 12-3-33 Owner Mr. Somkid Starting Nil Samui Beach Subdistrict, Koh Plomchan from 1 May Resort Samui District, 2004, 41- Suratthani year lease Province agreement Outrigger Hotel BelOmbre Beach, 55-1-87 Owner Government Starting Afrasia8 Mauritius Beach Savanne District, of Mauritius from 2 Resort Mauritius February 2004, 59- year and 4-month lease agreement Outrigger Hotel Gaafu Dhaalu 56-0-4 Owner Government of Starting Nil Kanotta Maldives Atoll, the Republic the Republic of from 5 May Resort of Maldives Maldives 2005, 50- represented by year lease the Ministry of agreement Tourism Santiburi Beach Hotel Samui Island, 57-0-23 Owner Singha Estate Starting Nil Resort & Spa Maenam Public from 1 Subdistrict, Koh Company December Samui District, Limited 2018, 90- Suratthani Province year lease agreement ______1 Industrial and Commercial Bank of China (Thai) Public Company Limited 2 Bank of Ayudhya Public Company Limited 3 Bangkok Bank Public Company Limited 4 Export – Import Bank of 5 Krungthai Bank Public Company Limited 6 Kasikornbank Public Company Limited 7 Australia and New Zealand Banking Group Limited (Fiji Branch) 8 Afrasia Bank Limited

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Details of Assets Appraisal In year 2020, the Company and its subsidiaries have conducted the assets appraisal on the residential properties because there were additional assets that have been completed the construction and already commenced its business operation, including evaluating other assets for financial statements purpose. Details of which are as follows: Residential Properties Size of Land for Entire Encumbrances Appraisal Characterized Appraisal Date of Project Project Type Location Project (Entire / Partial Value Appraiser Ownership Purpose Appraisal (Rai-Ngan- Mortgage with) (THB Million) Sq. Wah.) Sun Towers Office Building Viphavadi-Rangsit Road, 5-3-20 SCB Asset Nil Financial 5,702 Grand Asset 09.07.2018 and Retail Chomphon Subdistrict, Management Statements Advisory Area for Rent Chatuchak District, Co., Ltd. Purpose Co., Ltd. Bangkok 0-1-20 Owner Singha Complex Office Building Corner of Asoke Montri and 7-8-26 Owner BAY1 Financial 7,078 Preferred 30.12.2019 and Retail Petchaburi Road (Formerly Statements Appraisal Area for Rent known as the Embassy of Purpose Co., Ltd. Japan), Bangkapi Subdistrict, Huai Khwang District, Bangkok Parking Building at Parking Area Lat Yao Subdistrict, 3-0-3 Owner Nil Financial 101 Preferred 30.12.2019 Soi Choei Phuang Bang Khen District, Statements Appraisal Bangkok Purpose Co., Ltd.

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Size of Land for Entire Encumbrances Appraisal Characterized Appraisal Date of Project Project Type Location Project (Entire / Partial Value Appraiser Ownership Purpose Appraisal (Rai-Ngan- Mortgage with) (THB Million) Sq. Wah.) 2-storey Retail Area for Viphavadi-Rangsit Road, 0-1-0 Owner Nil Financial 14 Preferred 01.01.2021 Commercial Rent Chomphon Subdistrict, Statements Appraisal Building Chatuchak District, Purpose Co., Ltd. Bangkok Sun Plaza 2 Retail Area for Viphavadi-Rangsit Road, 1-2-40 Owner Nil Financial 52 Preferred 01.01.2021 Rent Chomphon Subdistrict, Statements Appraisal Chatuchak District, Purpose Co., Ltd. Bangkok The Light House Shopping Charoen Nakhon Road, 2-3-62 Owner Nil Financial 83 Sims Property 13.01.2021 Center Klong Ton Sai Statements Consultant Subdistrict, Purpose Co., Ltd. Khlong San District, Bangkok Outrigger Koh Hotel Borpud Subdistrict, 12-3-33 Owner Nil Financial 261 American 04.02.2021 Samui Beach Koh Samui District, Statements Appraisal Resort Suratthani Province Purpose (Thailand) Ltd. The Marina at Retail Area for Emboodhoo Lagoon in 122-0-21 Owner EXIM BANK2 Financial 757 American 10.02.2021 CROSSROADS Rent Kaafu Atoll, the Republic Statements Appraisal Maldives of Maldives Purpose (Thailand) Ltd.

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Size of Land for Entire Encumbrances Appraisal Characterized Appraisal Date of Project Project Type Location Project (Entire / Partial Value Appraiser Ownership Purpose Appraisal (Rai-Ngan- Mortgage with) (THB Million) Sq. Wah.) Outrigger Kanotta Hotel Gaafu Dhaalu Atoll, the 56-0-4 Owner Nil Financial 793 American 10.02.2021 Maldives Resort Republic of Maldives Statements Appraisal Purpose (Thailand) Ltd. ______1 Bank of Ayudhya Public Company Limited 2 Export – Import Bank of Thailand

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