Pruksa Holding Public Company Limited, or "PSH," is preparing to offer long-term bonds, specifically named bonds that are non-subordinated and secured, with a guarantor (Pruksa Real Estate Company Limited) and a bondholder representative, to the general public. The offering is expected to take place between May 8 and 11–12, 2026, divided into two series:

• 2-year bonds with a fixed interest rate of [3.40–3.60]% per annum

• 3-year bonds with a fixed interest rate of [3.75–4.00]% per annum

The company will announce the exact interest rates again before the bond sale opens. The bonds will pay interest every three months throughout their duration and have been rated "BBB+" with a "negative" outlook by TRIS Rating Company on March 6, 2026. These bonds fall within the Investment Grade category, making them an attractive investment option for those seeking consistent returns in the medium term amid a volatile market environment.

Ms. Jintana Inthri, Deputy Managing Director of Finance at Pruksa Holding Public Company Limited stated that although the overall Thai real estate market has faced challenges from economic conditions and sluggish purchasing power, the company has maintained its financial strength with a low debt structure and sufficient liquidity, alongside continuous cost management and project development.

As of December 31, 2025, the company had a debt-to-equity ratio of 0.33, reflecting careful capital structure management that enhances business flexibility and supports operations in a fluctuating economic environment. Additionally, the company has unused credit lines from financial institutions, which further enhances its financial management capabilities in the long term. In 2026, the company aims for total revenue of 18.8 billion baht, with 15 billion baht from real estate business and 2.6 billion baht from healthcare business, while the remainder will come from other business segments. Currently, the company has a backlog valued at 3 billion baht, expected to recognize approximately 2 billion baht in revenue within 2026, with the remainder to be recognized in 2027. At the same time, the company has remaining inventory (stock) valued at 66.4 billion baht, allowing it to continuously support sales and property transfers.

In 2026, Pruksa will continue its strategy of restructuring the business for sustainable growth under the Reshaping Portfolio initiative, focusing on three main pillars: Asset-Optimized · Capital-Efficient · Well Living-Focused. This aims to enhance asset utilization efficiency, improve financial liquidity, and create qualitative growth in the long term, leveraging its strength as the first and only real estate developer with an affiliated hospital business, enabling a comprehensive connection between 'home' and 'healthcare' under the concept of Lifetime Well-Living.

Thus, PSH bonds represent an investment option for those looking to diversify their portfolio and achieve consistent returns over the next 2–3 years. The proceeds from this bond issuance will be used to refinance the company's existing debt that is due. The subscription period is expected to be between May 8 and 11–12, 2026. The company has appointed five bond distribution managers: Kasikorn Bank 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 bonds can find more details in the draft prospectus available at www.sec.or.th or contact the financial institutions managing the bond distribution as follows:

- Kasikorn Bank Public Company Limited, Tel. 02-888-8888, press 869, including Kasikorn Securities Public Company Limited as a sales agent for Kasikorn Bank.

- Kiatnakin Phatra Securities Public Company Limited, Tel. 02-165-5555, or subscribe through the Dime! app for individual investors (including Kiatnakin Phatra Bank as a sales agent).

- TMBThanachart Bank Public Company Limited, Tel. 1428, press #4 (subscription open only for institutional investors).

- 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 information statement and draft prospectus to the SEC, which is not yet effective. The allocation is at the discretion of the bond distribution managers, and the terms of the offering are as specified in the draft prospectus.

Warning: Please understand the nature of the product, terms, returns, and risks before making an investment decision. Investing involves risks; investors should study the information in the draft prospectus before making an investment decision. Investors can find details in the information statement and draft prospectus as outlined below.