10.National Strategic Shareholding & Sovereign Stability Framework

Foundation for Stability and Sustainable Strategic Growth

GBI Holding recognizes that mega-project infrastructure development connecting two oceans requires a foundation of utmost institutional trust and alignment with national interests. The "Golden Bridge" (Ranong-Chumphon) project is therefore designed as a "regional strategic asset" to mitigate political risks, unlock customs and legal constraints, and ensure continuity in long-term concession agreements. The project outlines a blueprint for a shareholder alliance structure that integrates global foreign capital and reserves the rights to key national institutional mechanisms, as follows:

• Sovereign Trust & Durability Tranche
• For the sake of ultimate governance and security, the top-level ownership structure of the parent company (GBI Holding) has allocated and "reserved a strategic stake of 5% - 10%" to accommodate future participation by sovereign and state-aligned entities. This special structure (Sovereign Golden Shares) will serve as a legal safeguard and ensure long-term stability, providing the highest level of confidence to global financial partners and the ADGM fund that the project will be protected and grow smoothly in all eras.
• National Energy & Logistics Integration
• To achieve excellence in bonded warehouse management, pipeline systems, and trans-peninsular port infrastructure, the company has designed a mission-based subsidiary (SPV) structure to create dedicated tranches for attracting and accommodating future joint ventures from major Thai state-owned enterprises and energy giants.:
•     Midstream Energy & Blending Hub: Allocate a strategic stake of 10% - 15% to prepare for partnerships with national energy companies and major domestic customers in jointly managing and ensuring a stable energy supply into the pipeline system.
•     Marine & Pipeline Infrastructure: Opening channels for linkage and special joint ventures for national port regulatory and management agencies to integrate deep-sea port systems, customs channels, and free trade zone management on both the Andaman Sea and the Gulf of Thailand coasts for maximum efficiency and international standards.

• Neutral Regional Energy Hub
• The strong shareholder structure helps guarantee the project's neutrality in international politics. The Golden Bridge project is a "open-access regional hub" that welcomes oil producers and traders from all regions of the world (not just a single country) to bring together 140 million barrels of refined oil and 6.88 million tons of liquefied natural gas for storage, blending, and safe export in the ASEAN region.