Listing Listing : Depositary Receipt (DR) DR type : Depositary Receipt Representing Interest from Underlying Foreign Securities DR Name : DR ON USA RARE EARTH LLC (USAR) ISSUED BY PI SECURITIES PUBLIC COMPANY LIMITED DR Symbol : USAR03 Secondary market : SET Listed date : 15-Jul-2026 Trading date : 16-Jul-2026 Trading Session : Day and Night Trading Session SEC Issuing Limit (Unit) : 10,000,000,000 Conversion Ratio (DR : Underlying) : 400 : 1 Offering type : Direct listing Offering Price (Baht per Unit) : 1.53 Description : DR selling price is the price calculated by the issuer based on the market price of the underlying foreign security, converted using a reference rate and exchange rate, and including the applicable administrative expenses incurred in buying foreign securities. Details of underlying Underlying Type : Common stock Underlying Symbol : USAR Underlying Name : USA RARE EARTH LLC (USAR) Underlying Exchange : The Nasdaq Stock Market (NASDAQ) Underlying Exchange (URL) : https://www.nasdaq.com/market-activity/stocks /usar Underlying Description : The company is building an integrated rare earth mine to magnet value chain. The primary product is sintered NdFeB (neodymium iron boron) permanent magnets ? critical components in semiconductor, aerospace, defense, physical AI, energy, mobility, healthcare and consumer electronics industries. Remark : On the listed date, the temporary suspension of trading sign will be posted on DR and the sign will be removed on the trading date. ______________________________________________________________________

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.