3BB Internet Infrastructure Fund

Details of Asset

1. Details of Asset : Optical Fiber Cables (OFCs) amount 1,680,500 core kilometers, which the Fund purchased from Triple T Broadband PCL. (TTTBB). The assets consist of: (1) OFCs amount 980,500 core kilometers (Initial Assets) (2) OFCs amount 700,000 core kilometers. (Additional Assets) 2. Type of Asset : Ownership of Optical Fiber Cables 3. Location of Asset : Nationwide in Thailand 4. Appraisal Value^* : Baht 75,000,000,000 5. Appraiser : American Appraisal (Thailand) Ltd. 6. Revaluation Date : December 31, 2024

2. The Appraiser utilized Income Approach Method in assessing the Assets. The Appraiser used projected rental revenue deducting projected operating expenses over the Amended and Restated Main Lease Agreement term (from January 1, 2025 to December 31, 2038) and calculated the value of assets by discounting to present value at the discount rate of 6.84% p.a.

The appraiser calculated the terminal value of the Assets based on useful life Assumption at the discount rate of 7.84% p.a.

Investors may request for more details of the appraisal report at the Management Company.