Change in Shareholding Structure of Bangchak Corporation Public Company Limited

Bangchak Corporation Public Company Limited wishes to inform that, as a listed company on the Stock Exchange of Thailand, the trading of the Company’s shares is conducted in accordance with market mechanisms and all applicable rules and regulations.

In view of the recent change in shareholding, the new shareholder has appointed two representatives to the Board of Directors, out of a total of 15 members. These representatives fully meet the legal qualifications and bring with them extensive experience from leading global consulting firms.

The Company and the Board of Directors are in the process of formulating medium- to long-term business plans, which are expected to be unveiled in the near future. These plans aim to further advance and accelerate the Bangchak 100x strategic direction, while continuing to place importance on existing core businesses.

The Company reaffirms the professionalism of its Board of Directors and management, together with their commitment to business ethics and transparency in conducting business in accordance with international standards. Bangchak was ranked in the Top 1% globally for sustainability in the Oil & Gas Refinery and Marketing sector by S&P Global CSA (DJSI) 2025, reflecting the Company’s commitment to responsible business practices aligned with international standards to foster sustainable growth.