TOP sends additional shares to trade on 30 September, preparing to consider paying interim dividends.

Thai Oil Public Company Limited or TOP prepares to list newly issued shares on the SET on September 30 after a successful offering of shares worth 11,500 million baht, including the use of excess stock. got the goal reflects confidence in Thaioil's strong foundation ready to accelerate the progress according to the strategic plan Driving the organization towards sustainable growth ready to consider interim dividend payment

Mr. Wirat Uanarumit, Chief Executive Officer and President of Thai Oil Public Company Limited or TOP Revealed: “In this issuance and offering of additional shares of Thaioil, it is considered that the company has achieved great success, being able to offer shares worth a total of 11,500 million baht through the offering of 192,307,693 additional shares, including There is an over-allocation of shares. (Over-Allotment Shares) in the amount of 22,645,578 shares, with Thaioil preparing to use newly issued common shares to increase capital. It will be traded on the Stock Exchange of Thailand (SET) on September 30, 2565. The said share offering will help strengthen the capital structure. To support Thaioil's strategic business expansion plan to be flexible. Both projects currently in operation as well as new projects that will occur in the future.

Thaioil plans to use the proceeds from this capital increase to repay the remaining short-term loans (Bridging Loan) to PTT and financial institutions. From the investment in the olefin business by acquiring shares of PT Chandra Asri Petrochemical Tbk or CAP in the amount of approximately 10,708 million baht and the remaining amount from the loan repayment. Will be used as working capital for business operations or business expansion to support continued growth in the future

As for investment plans in the second half of 2565, Thaioil builds on a solid foundation with an investment budget of approximately US$ 980 million. Most of them are invested in Clean Fuel Project (CFP) about US$ 600 million and in CAP about US$ 270 million. To expand CAP's olefin business, the final investment decision will be made by the end of this year. There is also a project to expand electricity and steam production capacity of TOP SPP Co., Ltd. (TOP SPP), approximately USD 46 million. and other ongoing projects such as improving production efficiency and investment in logistics and utilities. Total about 70 million US dollars.

Mr. Wirat further said, “Once the process of issuing and offering additional ordinary shares of Thaioil is completed. By registering the additional common shares for trading on the Stock Exchange. It is already completed. Thaioil will consider paying interim dividends. According to the company's past practices The results of the consideration will be informed to investors. Thaioil has a policy of paying dividends from annual operations of not less than 25% of the net profit of the consolidated financial statements. After deducting all types of various reserves as specified in the Company's regulations and according to the law, the operating results for the first half of 2565 had a record high net profit of 32,510 million baht, an increase of 27,027 million baht from the previous period. same as last year"

Thaioil aims to be a leader in sustainable energy and chemicals. Under the vision 'Empowering Human Life through Sustainable Energy and Chemicals' to be in line with the business context and direction of the energy industry that will change in the future. Thai Oil therefore sets a long-term goal that in 2573 there will be a new net profit proportion. 40% comes from the petroleum refining and distribution business, 40% from petrochemicals and high-value products, 10% from the electricity business, and another 10% from new businesses that are New S-Curve, along with environmental care and continuous social responsibility. To create quality of life and grow together with Thai people. Ready to step into a sustainable 100-year-old organization."