Company Profile11 February 2022STRICTLY PRIVATE & CONFIDENTIAL

DISCLAIMERBoutique Corporation Public Company Limited(“Boutique”) are pleased to provide thispresentation which is intended for discussionpurposes only. Although the information providedherein is believed to be reliable, Boutique makesno representation as to the accuracy orcompleteness of such information or otherwiseprovided by Boutique. Prior to acting on anyinformation contained herein, the receiver shoulddetermine the risks and merits, including legal, taxandaccountingcharacterizationsandconsequences without reliance on Boutique.* This presentation and the content of any document relatingthereto are proprietary to Boutique and should be treatedconfidentially. This presentation may not be reproduced orotherwise disseminated in whole or in part without Boutique’sprior written consent.

Business OverviewOperatingBoutique CorporationDevelopingSoldHospitality Retail / CommercialNovotel Nimman 1Oakwood PattayaOakwood PhuketOakwood S24Citadines S8, S11, S16Villa 1 & 2Jono Asoke S161/Oakwood Studios S361/Ibis Nimman1/Sukhumvit Soi 5/2Sukhumvit Soi 24/3Nimman 3/4Kamala 1/5 & 2/6 Oakwood ApartmentTrilliant Sukhumvit 18 OZO Pattaya Hotel Hyatt Place Phuket Patong Citadines Sukhumvit 23 Summer Point Charoenkrung Rain Hill S47 Summer Hub Summer HillCannabis & HempWellness Bespoke Group Bespoke Labs Bespoke Pharmacy Bespoke Wellness Blockchain-enabledCannabis NFTsRemark: /1 Near completion; target launch in 2022/2 To be BC’s own brand/3 To potentially acquire an adjacent (street-front) land plot andcombine with the existing project and develop into a 200-plus keys,upscale global-chain brand/4 Wellness driven hotel with cannabis integration/5 To be Movenpick-branded/6 Under discussion with world-renown operators/brandsOtherDiversificationsAsset Management/ SharedServicesLuxury/ Experiential TravelLast Mile Technology-drivenStorage/ WarehousingBlockchain/ FintechPlatform for Real EstateSTRICTLY PRIVATE & CONFIDENTIAL3

B-O-S Business ModelOur Core Competencies BUILD OPERATE SELLSTRICTLY PRIVATE & CONFIDENTIALStrategic land sourcingStrong Business Development/ FinanceTeams with VC and M&A mindsetStrong relationship with brokers to acquiredevelopment plots at a reasonable priceEfficient project management leading tooptimized budget, quality and timelineAchieve superior high gross operating profitto maximizeStabilize EBITDA within the short operationperiodStrong connection with agents and potentialbuyers, smoothen assets disposition processAbility to provide potential purchasers thefull investment package; well performingasset with full licenses4

Key Milestones (Q4’20-Q1’22)Oct’20: MOU with RMUTLkicking off BC’s firstdiversification into wellnessbizJun’21: Granted cultivation & import licenses of 41seed strains of up to 398 seeds through RMUTLJul’21: Tripartite MOU with RMUTL & RMUTT forthe production of cannabis for medical applicationOct’20Oct’20: Summer Pointcommercial Retail launchedJun’21Mar’21: Secured a site inCharoenkrung of last-mile retailbiz for “Cove Hill” projectSTRICTLY PRIVATE & CONFIDENTIALDec’21: FDA approval for themedical production andcultivation of cannabis securedNov’21Nov’21: Sales of CitadinesSukhumvit 23 to Bhiraj BuriJan’22: CannaThai420 NFTCollection launched raising22 ETH in 24-hrs, raisedapprox. 35 ETH to dateFeb’22Feb’22: Engaged JLL to run abundled sales on our assetsportfolio of total 1,069 keys5

B-O-S Business ModelNew Project Launch in 2022Project : Jono Bangkok Asok HotelExpected Opening date : Oct’ 22No. of rooms : 65 keysProject : Oakwood Studios Thong Lo StationExpected Opening date : July’ 22No. of rooms : 177 keysProject : Ibis Chiangmai Nimman JourneyhubExpected Opening date : Oct’ 22No. of rooms : 142 keysSTRICTLY PRIVATE & CONFIDENTIAL6

B-O-S Business ModelNew Brand Launch in 2022Jono wants to be the home base forurban nomads, where they canoptimally prepare to conquer thecity with a clear mind.Room size:14 – 20m2Jono x wants to be the ideal base,with comfort and technology atthe forefrontRoom size:18 – 35m2STRICLY PRIVATE & CONFIDENTIAL7

B-O-S Business ModelBundled Sales Plan for 2022We have engaged Jones Lang LaSalle (“JLL”) to run a bundled sales onour assets portfolio of 8 hotels, with a total of 1,069 keysCitadines Sukhumvit 8 (130 keys)Novotel Chiangmai Nimman Journeyhub (202 keys)Citadines Sukhumvit 16 (79 Keys)Ibis Chiangmai Nimman Journeyhub (142 keys)Jono Bangkok Asok Hotel (65 keys)Oakwood Hotel Journeyhub Pattaya (176 keys)Oakwood Studios Thong Lo Station (177 keys)Oakwood Hotel Journeyhub Phuket (198 keys)STRICLY PRIVATE & CONFIDENTIAL8

B-O-S Business ModelCase Studies (1/2)Oakwood Apartment Trilliant Sukhumvit 18 – Sold in 2014 Rebranded Maitria Hotel Sukhumvit 18 – A Chatrium Collection Acquired by Sukhumvit City Co., Ltd. (Sophonpanich Family) Financing Bank: Siam City Bank PCL.(Refinanced to KBANK) Project ReturnsEM: 1.9X OZO Pattaya – Sold in 2015 Rebranded Travelodge Pattaya Acquired by WRHI Holding Company Limited (Whitbread Group - UK Hospitality Group) Financing Bank: Siam Commercial Bank PCL. Project Returns EM: 1.9XHyatt Place Patong – Sold in 2018 Rebranded The Andaman Beach Hotel Phuket Patong Acquired by Amchase Phuket HP Pte. Ltd. (Frank Truman Asset Management - UK Fund) Financing Bank: Kasikorn Bank PCL. Project Returns: EM: 2.6XCitadines Soi 23 – Sold in 2021 Acquired by Bhiraj Buri Co.,Ltd. Financing Bank: Kasikorn Bank PCL. Project Returns EM: 2.5XSTRICTLY PRIVATE & CONFIDENTIALRemark:1.Return metrics are investors return net of fees and expenses.2.CS23 is a long term JV with Ascott from the beginning (not classified as BOS).9

B-O-S Business ModelCase Studies (2/2)Rain Hill Sukhumvit 47 – Sold in 2017 Acquired by Humax Corporation Financing Bank: Siam Commercial Bank PCL. Project Returns EM: 2.0XSummer Hill & Summer Hub – Sold in 2019 Acquired by ST Property & Logistics Co., Ltd. Subsidiary of STP&I PCL BC is providing property management services post-exit Financing Bank: Kasikorn Bank PCL. Project Returns EM: 2.5XRemark: Return metrics are investors return net of fees and expenses.STRICTLY PRIVATE & CONFIDENTIAL10

Cannabis (THC) for WellnessThe Value ChainBespoke LifeScience Ltd.Holding companyBespoke Labs Ltd.Bespoke PharmaLtd.Bespoke WellnessLtd.CultivationProductionProduct OfferingsProduction of Thai herbalmedicine, CBD/THC OilExtract, and cannabis FMCGProductsDistribution of Thai herbalmedicine and products viaclinics, cafes, wellness centres,and BC propertiesInternational standard lab withinMTR Nan campus to conductR&D and cultivate leadingcannabis strainsThe Cultivation & Distribution license for Thai traditional medicine (formulas and oils) was awarded byFDA committees to RMUTL NAN (Bespoke’s exclusive partner via an MOU signed on (27Oct20).STRICTLY PRIVATE & CONFIDENTIAL11

Cannabis (THC) for WellnessOur First CropCloning23 Nov’21Germination & Seeding25 Oct’21 – 07 Nov’21117 seeds – 3 seeds/strain Flowering09 Jan’22 – End of Mar’2199/117 seeds survived(85% success rate)1st Phase: Fully indoor climate controlled cultivation facility(temp, humidity, light, and wind),Current cultivation license can support up to 2 clinics; Vegetation08 Nov’21- 08 Jan’22406 plants / cycle4 cycles / yearTotal 1,624 plants / yearWe have also planned for the second phase (for both licensesand facility) for up to 40,000 plants per cycle on 6 Rais of landSTRICTLY PRIVATE & CONFIDENTIAL12

Cannabis (THC) for WellnessFrom Farm to ClinicsFlagship Cannabis for Wellness clinicConcept : Thai wisdom meets modernityLocation : Summer Point, PhrakanongClinic area : 208.4 sq.m.Expected soft launch : mid 2022Start the harvesting anddrying about 1-2 weeksStart the curing stage,drying and packagingabout 3-4 weeksSTRICTLY PRIVATE & CONFIDENTIALReady to deliveryFor all strains13

Cannabis (THC) for WellnessCannabis and Blockchain Initiatives BC, through Bespoke Life Science Limited,ventured into blackchain industry via the launchof CannaThai420, our first series of NFT. BC is looking to be at the forefront in these 2up-and-coming industries, cannabis andblockchain The NFTs depict the seed plants have alreadygrown in Bespoke’s state-of-the-art indoorfacility at RMUTL Platform: Ethereum, tradable on OpeaSea (thelargest NFTs exchange) We have raised approximately 35 ETH so faron this first series. The first series are almostsold out. Roadmap includes mother plant, flowering plant,royal alpha family, gamification, and metaverseSTRICTLY PRIVATE & CONFIDENTIAL14

Cannabis for WellnessCannabis and Blockchain Initiatives Drop the FIRST EVER Seed Plant NFTs Creation of CannaThai420 CannabisClub ('Triple C') Launch of 2 new NFT set - Flowering Plantand Flower & Buds Partnership and Collaboration AnnouncementsQ1 2022 CannaThai420 Gamification Additional NFT packs release CannaThai420 Cannabis MetaverseExtended RoadmapQ3 2022Q2 2022 Opening of Bespoke WellnessCenter where Triple C membersreceive exclusive invitations,discount offers! New Drop of 2,000 Mother PlantNFTsSTRICTLY PRIVATE & CONFIDENTIALQ4 2022 Launch of Royal Alpha Family NFTs Physical and Virtual Merchandise drops15

Diversification StrategiesTechnology-Driven Logistics & Self-StorageSelf Storage & Wine StorageConcept : Holistic storage solutions forindividuals and business ownersFirst Location: Summer Point Third Floor Estimate Area: 550 sq. m. Expected soft launch: Q4 2022 Estimated Annual Stabilized EBITDA: THB 3-4 mnLast Mile Logistics FacilityConcept : Core urban distribution centers forCommercial usersFirst Location: TBDEstimate Area: TBDExpected soft launch: TBDLast Mile Logistics Property (LMLP) LMLP no longer confines to traditionalwarehouse structure, delivery system, and ecommerce users Does not just fit into industrial sector any longer Demand for online grocery and other essentialsshopping, is increasingSTRICTLY PRIVATE & CONFIDENTIAL16

Portfolio ValuationLandUnit: THB mn, unless indicated otherwise% BC HoldingsOwnershipStatusNo. of Keys/ Adjusted BV Per keyNLA(THB mn)(MB)NAV *pershare(THB)Asset under operationsOakwood Residence Sukhumvit 24100.00%Freehold7980910.20.90Citadines Sukhumvit 826.01%Freehold1304973.80.11Citadines Sukhumvit 1126.01%Freehold1275554.40.16Citadines Sukhumvit 1626.01%Freehold793344.20.12Villa 1 & 221.55%Freehold278Journey Hub Pattaya51.00%Freehold761832.40.09Novotel Chiangmai26.00%Freehold2025892.90.09Journey Hub Phuket35.10%Freehold1984902.50.10Summer Point38.28%Leasehold5,796 sq.m.2700.063,8051.66Sub-total Asset under operation0.03Asset under developmentJono Asoke S1651.00%Freehold652333.60.11Oakwood Studios 3658.50%Freehold1776983.90.32Ibis Nimman63.00%Freehold1421911.30.16Nimman 375.00%Freehold1411931.40.14Kamala 146.00%Freehold2101490. ,142 sq.m.3Sukhumvit 5100.00%Freehold19452Sub-total Asset under Development1,6550. (DCF)Hospitality and wellness center (Cannabis)Sub-total Asset under DiversificationTotalSTRICTLY PRIVATE & ark : Net Asset Value based on the replacement cost method1717

2022 Capital IncreaseBackground: EGM no. 1/2021 in Jul 2021 approved capital increase via General Mandate for amaximum of 100 mn shares BoD meeting no. 1/2022 in Jan 2022 approved rights offering with the following details:Max no. of newly issued shares100,000,000Ratio:5.1 existing: 1 newSubscription price:1.8 Baht/shareRecord date:17 Feb 2022 (must hold shares at the closingof 14 Feb)Subscription period:14 -18 Mar 2022 Purpose: Working capital and additional investment in projects under development andnew investment opportunities to drive return to shareholdersSTRICTLY PRIVATE & CONFIDENTIAL18

Investment HighlightsPoised to ride on strong recovery of hospitality sector and tourismpost COVIDSubstantial upside with SoTP value well above marketcapitalizationPrime location assets offer stability amidst volatile marketNew Businesses to enhance portfolio return and diversify riskProven track record of delivering high returns to investorsSTRICTLY PRIVATE & CONFIDENTIAL19 19

BC Asset Portfolio

Citadines Sukhumvit 8BangkokType of PropertyServiced ApartmentOperatorAscottLand Area (sqm.)1,310No. of Rooms130Opening2008

Citadines Sukhumvit 11BangkokType of PropertyServiced ApartmentOperatorAscottLand Area (sqm.)1,208No. of Rooms127Opening2008

Citadines Sukhumvit 16BangkokType of PropertyServiced ApartmentOperatorAscottLand Area (sqm.)936No. of Rooms79Opening2007

Oakwood ResidenceSukhumvit 24 BangkokType of PropertyServiced ApartmentOperatorBoutiqueLand Area (sqm.)1,748No. of Rooms79Opening2007

JONO BANGKOK ASOK HOTELLocationSukhumvit 16, BangkokType of PropertyHotelOperatorSelf-operated under a newbrand; Jono HotelsSegmentCompact LuxuryNo. of Rooms65 roomsOpeningOct’ 2022Details are subject to finalization

Oakwood StudiosThong Lo StationLocationSukhumvit 36, BangkokType of PropertyHotelOperatorOakwoodSegment4-star select service hotelNo. of Rooms177 roomsOpeningJuly’ 2022Details are subject to finalization

Jono X Sukhumvit Soi 5Type of PropertyHotelOperatorOwn BrandLand Area (sqm.)1,452No. of Rooms194OpeningExpected Q1 2024

SUMMER POINT28 Strictly private and confidentialLocationPhra Khanong, BangkokType of PropertyMixed-Use, RetailOperatorBoutiqueGross Floor Area9,973 sqm.Leasable Area5,796 sqm.No. of Floors5 Floors 2 basementlevelsOpeningQ3 2020

Oakwood Hotel JourneyhubPhuketType of PropertyHotelOperatorBoutiqueLand Area (sqm.)2,036No. of Rooms198Opening2017

Oakwood Hotel JourneyhubPattayaType of PropertyHotelOperatorBoutiqueLand Area (sqm.)1,084No. of Rooms76Opening2019

Novotel Chiang Mai NimmanJourneyhub31Type of PropertyHotelOperatorAccor – NovotelLand Area (sqm.)3,388No. of Rooms202Opening2019

Ibis Chiangmai Nimman JourneyhubLocationChiang MaiType of PropertyHotelOperatorIbis (Accor)Segment3-star select service hotelNo. of Rooms142OpeningOct’ 2022*Details are subject to finalization

CHIANG MAI NIMMAN 3LocationChiang MaiType of PropertyHotelOperatorTo be confirmedSegmentBoutique UpscaleNo. of Rooms141OpeningTBD*Details are subject to finalization

PHUKET KAMALA 1 & 2LocationKamala Beach, PhuketPhaseKamala 1Kamala 2Type of Property HotelHotelOperatorMövenpickTo be confirmedSegmentSelect-ServiceBoutiqueUpscaleNo. of Rooms230200OpeningTBDTBD*Details are subject to finalization

CHAROENKRUNG RETAIL(COVE HILL)Strictly private and confidentialLocationCharoenkrung, BangkokType of PropertyRetailOperatorBoutiqueGross Floor Area3,997 sqm.Leasable Area2,169 sqm.No. of Floors3 Floors 1 basement levelOpeningQ4 2023Details are subject to finalization

Financial Performance - Consolidated P&LUnit: THB 5%33.349.4-32.4% and administrative expenses199.3302.8226.5-34.2%140.5150.2-6.4%Total operating .0%Financial costs - net(103.3)(128.0)(97.3)Income from continuing operations(291.2)188.8(41.7)Revenue from operationsManagement incomeCost of providing servicesCost of hotel operation and commercial real estateCost of rendering servicesEBITDADepreciation & amortizationShare of P/L from JV & affiliatesTax expense Net income (loss) from continuing operationsincluding share of results in JVNon recurring items4.32.5-204.2%Net profit (loss) to shareholders of the Non-controlling %Net profit (loss) for the RICTLY PRIVATE & CONFIDENTIAL Origination fee of THB 60.5 mn and THB 48.6 mn for FY2018 and2019 respectively were not recorded in the P&L as the projectswere considered subsidiaries instead of affiliates. Revaluation reserve of THB 22.9 mn were not recorded in P&Lon the exit of Hyatt in FY2018.36

Financial Performance - Standalone P&LUnit: THB 10.5%35.058.451.3-40.0%19.725.1-21.7%Total operating 3%20.873.7-288.1%Management incomeCost of providing servicesSelling and administrative expensesDepreciation & amortizationProfit (loss) from operating activitiesFinancial costs - netTax expense (income)Net income (loss) from continuing operationsNon recurring itemsWrite-off of land depositImpairment -315.0%7.2(5.8)n.m.187.4%Exchange loss on foreign currency loans---n.m.(8.0)-n.m.ESOP Compensation---n.m.(5.4)-n.m.Other (expenses) et profit (loss) for the period(73.4)(15.7)811.5%251.2%STRICTLY PRIVATE & CONFIDENTIAL37

Thank You

Feb 11, 2022 · Journey Hub Pattaya 51.00% Freehold 76 183 2.4 0.09 Novotel Chiangmai 26.00% Freehold 202 589 2.9 0.09 Journey Hub Phuket 35.10% Freehold 198 490 2.5 0.10 Summer Point 38.28% Leasehold 5,796 sq.m. 270 0.06 Sub-total Asset under operation 3,805 1.66 Asset under d