Eternal Energy Public Company Limited Announces That the Board of Directors Meeting No. 6/2022 Held on August 15, 2022 Has Passed Resolution to Establish New Subsidiary

Eternal Energy Public Company Limited announced that the Board of Directors Meeting No. 6/2022 held on August 15, 2022 has passed a resolution to establish a new subsidiary. The details are as follows - Subsidiary registration date: To be registered; Name of the subsidiary: Under consideration; Investment objectives: To conduct business in production, development, marketing and distribution.

Products containing hemp, Canabis; Registered capital: 1,000,000 Baht, 100,000 common shares with par value of 10 baht per share; Nature of business: business in production, development, marketing and distribution. Products containing hemp, Canabis or maybe transform to other business as appropriate. Which is expected to be commercialise in 2023.

Board of Directors of Subsidiaries: Mr. Worasak Kriengkomol, Mr. Issara Roungsuk-udom, Mr. Prapat Yorkhant - Two directors jointly sign; Sources of fund: Initial capital payment of 250,000 B from the Company cash flow; Transaction size Not subject to report information in accordance with the Notification of the Capital Market Supervisory Board No. TorJor. 20/2551.

(Including any amendments).