Booking Holdings Inc. Depositary Receipt

Booking Holdings Inc. Depositary Receipt is a financial instrument that represents an interest in the underlying shares of Booking Holdings Inc., a global leader in online travel services. This depositary receipt enables investors in Thailand to gain exposure to Booking Holdings Inc.—a company known for its online accommodation, flight, car rental, and restaurant reservation platforms—through direct trading on the local stock exchange. By holding the depositary receipt, investors participate in the economic performance of Booking Holdings Inc. without the need to access foreign brokerage accounts or deal with cross-border currency transfers. Notably, the pricing of this depositary receipt is influenced by both the underlying share price of Booking Holdings Inc. listed on NASDAQ and the prevailing USD/THB exchange rate, reflecting global market dynamics. Issued by Krungthai Bank, this instrument offers Thai investors a convenient vehicle for international portfolio diversification, expanding access to prominent foreign equities while retaining the benefits and regulatory framework of the domestic market.