Major Shareholders

Free Float As of 10/03/2023

Minor Shareholders (Free float)

31,915

% Shares in Minor Shareholders (% Free float)

20.45

As of March 10, 2023

Shareholders Detail as of March 10, 2023 Rights Type: XM Total Shareholders: 32,545

Shareholders
Shareholders	No. of Shares	%
1. V.C. Property Company Limited	5,818,273,600	50.81
2. Meiji Yasuda Life Insurance Company⁽¹⁾	1,946,500,000	17.00
3. Her Sing (H.K.) Limited⁽²⁾	641,156,000	5.60
4. Citibank Nominees Singapore PTE LTD-A/C GIC C	340,900,100	2.98
5. BNP Paribas Singapore Branch	221,000,000	1.93
6. Mr. Chai Chaiyawan	143,509,200	1.25
7. Mrs. Varang Chaiyawan	142,948,100	1.25
8. Mr. Winyou Chaiyawan	142,948,100	1.25
9. Miss Weena Chaiyawan	142,948,100	1.25
10. Mr. Weerawet Chaiyawan	142,760,600	1.25
11. Mrs. Chatchada Malakul Na Ayudhaya’s	142,760,600	1.25
12. Other Shareholders	1,624,302,600	14.18
Total	11,450,000,000	100.00

Remarks:

(1)

Meiji Yasuda Life Insurance Company is an entity incorporated under Japanese law. It operates a life insurance business and is one of the major life insurance companies in Japan. It intends to subscribe for a certain number of Shares in the Offering to maintain its 15% shareholding in our company after the Offering.

(2)

Her Sing (H.K.) Limited is an entity incorporated under Hong Kong law. It operates as a holding company. Mr. Winyou Chaiyawan and Mrs. Chatchada Malakul Na Ayudhaya are the ultimate shareholders of Her Sing (H.K.) Limited, each holding 50% of shares.