Trustee

Government Savings Bank = State Bank, Guaranteed by the Thai Government

Not only does it oversee, but it also acts as a pillar of financial security, ensuring investors that their investments are managed securely from day one and continue to generate real income from the project over the long term.

Trustee of AWreit Trust

AWreit Trust has appointed the Government Savings Bank, a Thai government bank, as its Trustee to ensure stability and confidence for investors. Its roles and qualifications differ from those of other trusts, as follows:

1. Perform the primary duties of a trustee

• Supervise, monitor, and audit the trust manager (AWreit&co.) to ensure that the trust manages the trust in accordance with the founding deed and the legal framework.
• Perform duties in the best interests of unitholders in a transparent and fair manner.
• Regularly report and monitor the trust's financial status.

2. Saving Bond Security Mechanism The investment funds received by the Trust will be converted into Thai baht and used to purchase short-term savings bonds from the Government Savings Bank. The objectives are 3 fold:

• Assure unitholders that their investments are being converted into stable and secure assets.
• Use these bonds as collateral to obtain loans from the Government Savings Bank, with a significantly lower interest rate than normal.
• Income from customers and ongoing contracts will replace the savings bonds, transforming them into real assets for the project, including land, buildings, management systems, and long-term contracts.

3. Benefits that investors receive

• Maximum confidence as the initial investment is backed by government bonds.
• Reduce interest rate risk with an intelligent financial structure.
• The project has long-term stability as the trustee oversees the strict management of the collateral and gradually converts it into the actual project assets.
• Earn both returns (dividends) and the security of your principal under the supervision of a state-owned financial institution.