Land and Houses Fund Management Co. Ltd. as the REIT Manager of LH Hotel Leasehold Real Estate Investment Trust announced the dividend payment for the operating period from September 16, 2023 to December 31, 2023 at the rate of THB 0.2700 per unit. The payment date will be on March 28, 2024.

The book closing date for determining the right of unitholders to receive the dividend payment will be on March 13, 2024. The REIT Manager has considered the distribution based on liquidity of LHHOTEL as well as liabilities of principal repayment in 2023 in the amount of THB 113.35 mil. as disclosed in Annual Report 2022 section no.

2.6 regarding principal repayment. For the dividend payment of the year 2023, the REIT Manager distributes a dividend for the whole operating year not less than 90% of net gains from investing. However, the dividend is lower than 90% of adjusted net profit of the full year operating period in accordance with SEC regulation.

Because LHHOTEL recorded net unrealized gains from investments in relation with recognized fair value, such net unrealized gains on investments are non-cash items, without any matters to be used in the calculation of the adjusted net profit of LHHOTEL according to the SEC's regulations.