Bangchak Announces Share Repurchase Program to Strengthen Investor Confidence, with The Maximum Amount for the share repurchases of 3,800 Million Baht Over Three Years, Starting 16 December 2025

On 26 November 2025, Mr. Chaiwat Kovavisarach, Group Chief Executive Officer and President, Bangchak Corporation Public Company Limited, revealed that pursuant to the resolution of the Board of Directors meeting of Bangchak Corporation PLC. (“the Company” or “BCP”) no. 15/2025 held on 26 November 2025 to approve the Share Repurchase Program for financial management purposes (Treasury Stocks) with the maximum amount for the share repurchases is not exceeding 3,800 MB over a three-year period from 2025 to 2028. Under this program, the Company will conduct its first share repurchase in 2025 with a total budget not exceeding 1,100 MB and number of shares to be repurchased not exceeding 29.50 M.Shares (not exceeding 2.14 percent of the total of paid-up capital). The method for share the repurchase is by means of automated order matching via the trading system of the Exchange. The period of share repurchases is 6 months starting from 16 December 2025 to 15 June 2026.

Mr. Chaiwat stated that this share repurchase program will help strengthen investor confidence in the Company’s financial position, business fundamentals, and future profitability. It will also support improved returns to shareholders through an increased return on equity (ROE) and earnings per share (EPS), enabling the Company to appropriately manage its share price in line with its intrinsic value. This initiative is beneficial to shareholders and reflects the Company’s prudent financial management, ensuring that excess liquidity is deployed effectively for the benefit of the Company.

For the share repurchases in the second and third years, the implementation will depend on prevailing conditions and various relevant factors at that time. These include, but are not limited to, excess liquidity, the amount of debt maturing within six months from the start date of the repurchase for that year, and the timeframe available for execution. The Board of Directors will consider and, as appropriate, approve the details of each repurchase.