Common use of RIGHT-OF-USE ASSETS Clause in Contracts

RIGHT-OF-USE ASSETS. Movements of the right-of-use assets account during the three-month period ended March 31, 2024 are summarized below. In Thousand Baht Consolidated Financial Statements Separate Financial Statements Cost As at January 1, 2024 325,178 12,244 Increase during for the period - - Amortization for the period - - As at March 31, 2024 325,178 12,244 Less Accumulated depreciation As at January 1, 2024 (42,459) (4,006) Depreciation for the period (3,691) (706) Amortization for the period - - As at March 31, 2024 (46,150) (4,712) Net book value As at January 1, 2024 282,719 8,238 As at March 31, 2024 279,028 7,532 14. LEASEHOLD RIGHTS Leasehold rights arise from the Group entered into the lease agreements with third parties for developing and constructing projects of residential. As at March 31, 2024 during the contruction. Movements of the leasehold rights during the three-month period ended March 31, 2024 were as follows : In Thousand Baht Consolidated Financial Statements As at March 31, 2024 Net book value, beginning 2,695,846 Add Increase 49,992 Less Decrease - Net book value, ending 2,745,838 In Thousand Baht Consolidated Financial Statements As at March 31, 2024 As at December 31, 2023 Leasehold rights consist of : Expense under contracts 545,832 543,477 Construction in process 2,200,006 2,152,369 Total 2,745,838 2,695,846 In Thousand Baht Consolidated Financial Statements For the three-month period ended March 31, 2024 Depreciation and interest expense capitalized expense under contracts 2,039 Finance costs capitalized construction in process 45,954 Total 47,993

RIGHT-OF-USE ASSETS. Movements of the right-of-use assets account during the three-month period ended March 31, 2024 2020 are summarized below. In Thousand Baht Consolidated Financial Statements Separate Financial Statements Cost As Financial Statements Net book value as at January 1, 2024 325,178 12,244 2020 - - Adjustments of right-of-use assets due to TFRS16 adoption 563,958 556,627 Increase during for the period - - Amortization for the period - - As at March 31, 2024 325,178 12,244 Less Accumulated depreciation As at January 1, 2024 (42,459) (4,006) Depreciation for the period (3,6915,307) (7064,746) Amortization for the period - - As Net book value as at March 31, 2024 (46,150) (4,712) Net book value As at January 1, 2024 282,719 8,238 As at March 31, 2024 279,028 7,532 142020 558,651 551,881 13. LEASEHOLD RIGHTS Leasehold rights arise from the Group entered into the lease agreements with third parties for developing and constructing projects of residential. As at March 31, 2024 during the contruction. Movements of the leasehold rights during the three-month period ended March 31, 2024 2020 and for the year ended December 31, 2019 were as follows : In Thousand Baht Consolidated / Separate Financial Statements As at March As at December 31, 2020 31, 2019 Beginning balance 1,375,505 902,549 Add Increase 132,405 472,956 Less Transfer to right of use assets (112,923) - Ending balance 1,394,987 1,375,505 In Thousand Baht Consolidated / Separate Financial Statements As at March 31, 2024 Net book value, beginning 2,695,846 Add Increase 49,992 Less Decrease - Net book value, ending 2,745,838 In Thousand Baht Consolidated Financial Statements As at March 31, 2024 2020 As at December 31, 2023 2019 Leasehold rights consist of : Expense under contracts 545,832 543,477 452,376 554,190 Construction in process 2,200,006 2,152,369 Total 2,745,838 2,695,846 942,611 821,315 1,394,987 1,375,505 In Thousand Baht Consolidated / Separate Financial Statements For the three-month period ended As at March 31, 2024 Depreciation and interest expense capitalized expense under contracts 2,039 2020 As at December 31, 2019 Finance costs capitalized construction in process 45,954 Total 47,99322,262 39,472 Leasehold rights arise from the Company entered into the lease agreements with third parties for developing and constructing projects of residential and hotel.

RIGHT-OF-USE ASSETS. Movements of the right-of-use assets account during the three-month period ended March 31, 2024 2022 are summarized below. In Thousand Baht Consolidated Financial Statements Separate Financial Statements Cost As at January 1, 2024 325,178 12,244 2022 533,104 527,041 Increase during for the period - 4,161 - Amortization for the period - - (1,179) (1,179) As at March 31, 2024 325,178 12,244 Less 2022 536,086 525,862 Accumulated depreciation As at January 1, 2024 2022 (42,45984,879) (4,00682,419) Depreciation for the period (3,6916,681) (7066,098) Amortization for the period - - 442 442 As at March 31, 2024 2022 (46,15091,118) (4,71288,075) Net book value As at January 1, 2024 282,719 8,238 2022 448,225 444,622 As at March 31, 2024 279,028 7,532 142022 444,968 437,787 12. LEASEHOLD RIGHTS Leasehold rights arise from the Group Company entered into the lease agreements with third parties for developing and constructing projects of residential. As at March 31, 2024 during the contruction. Movements of the leasehold rights during the three-month period ended March 31, 2024 2022 were as follows : In Thousand Baht Consolidated / Separate Financial Statements As at March 31, 2024 2022 Net book value, beginning 2,695,846 1,687,004 Add Increase 49,992 37,777 Less Decrease - Net book value, ending 2,745,838 1,724,781 In Thousand Baht Consolidated / Separate Financial Statements As at March 31, 2024 2022 As at December 31, 2023 2021 Leasehold rights consist of : Expense under contracts 545,832 543,477 492,540 488,013 Construction in process 2,200,006 2,152,369 1,232,241 1,198,991 Total 2,745,838 2,695,846 1,724,781 1,687,004 In Thousand Baht Consolidated / Separate Financial Statements For the three-month period ended March 31, 2024 2022 2021 Depreciation and interest expense capitalized expense under contracts 2,039 4,532 4,598 Finance costs capitalized construction in process 45,954 Total 47,99323,462 22,407 13. INTEREST-BEARING LIABILITIES

RIGHT-OF-USE ASSETS. Movements of the right-of-use assets account during the three-month period ended March 31, 2024 2023 are summarized below. In Thousand Baht Consolidated Financial Statements Separate Financial Statements Cost As at January 1, 2024 325,178 12,244 2023 382,479 54,453 Increase during for the period - 5,525 - Amortization for the period - - As at March 31, 2024 325,178 12,244 2023 388,004 54,453 Less Accumulated depreciation As at January 1, 2024 2023 (42,45976,507) (4,00643,507) Depreciation for the period (3,6915,073) (706812) Amortization for the period - - As at March 31, 2024 2023 (46,15081,580) (4,71244,319) Net book value As at January 1, 2024 282,719 8,238 2023 305,972 10,946 As at March 31, 2024 279,028 7,532 2023 306,424 10,134 14. LEASEHOLD RIGHTS Leasehold rights arise from the Group entered into the lease agreements with third parties for developing and constructing projects of residential. As at March 31, 2024 during the contruction. Movements of the leasehold rights during the three-month period ended March 31, 2024 2023 were as follows : In Thousand Baht Consolidated Financial Statements As at March 31, 2024 2023 Net book value, beginning 2,695,846 2,146,541 Add Increase 49,992 119,738 Less Decrease - Net book value, ending 2,745,838 2,266,279 In Thousand Baht Consolidated Financial Statements As at March 31, 2024 2023 As at December 31, 2023 2022 Leasehold rights consist of : Expense under contracts 545,832 543,477 492,886 489,677 Construction in process 2,200,006 2,152,369 1,773,393 1,656,864 Total 2,745,838 2,695,846 2,266,279 2,146,541 In Thousand Baht Consolidated Financial Statements For the three-month period ended March 31, 2024 2023 Depreciation and interest expense capitalized expense under contracts 2,039 3,209 Finance costs capitalized construction in process 45,954 35,365 Total 47,99338,574