NR Instant Produce Public Company Limited (NRF), the issuer of NRF254A bond, will convene the Bondholders’ Meeting No. 3/2025 electronically on 25 March 2025 at 14.00 hours to consider granting waivers and an approval to prevent events of default under the terms and conditions, as follows:  

(1) Granting a waiver for the company’s inability to close the bondholders' register at least 14 days before the bondholders’ meeting date;             

(2) Granting a waiver for the company and the registrar to send the bondholders' meeting invitation using the list of bondholders eligible to attend and vote in the Bondholders' Meeting No. 1/2025 as the list of bondholders eligible to attend and vote in the Bondholders' Meeting No. 3/2025;   

(3) Granting an approval for the bond issuer to mortgage land, buildings, and machinery of the company's seasoning manufacturing factory to a bank as collateral for securing a loan, refinancing, or negotiating waivers or modifications for debt restructuring with the bank.

The SEC requires that the bondholders’ representative analyze the benefits and shortcomings as well as the potential impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons and the opinions of the bondholders’ representative. The bondholders are, therefore, encouraged to thoroughly review the information and exercise their rights to protect their own interests. They should also make necessary inquiries to the bondholders’ representative to obtain comprehensive information before making a voting decision at the bondholders’ e-meeting
 

Remark:
Bank of Ayudhya Public Company Limited serves as the bondholders’ representative for the NRF254A bond due on 20 April 2027.