Power Solution Technologies Public Company Limited (the Company) would like to inform the resolutions of its Board of Directors meeting No. 7/2023 held on 11 August 2023, to approve Global Solar Energy Company Limited (GSE), a subsidiary of the Company (the Company holds 100% of the shares), to establish its new subsidiary, which details are as follows: Name of subsidiary company: PSTC 2 Company Limited; Establishment date: Within August 2023; Registered Capital: THB 1,000,000, divided into 100,000 ordinary shares with the par value of THB 10 each; Shareholding Ratio: Global Solar Energy Company Limited (100% of the shares held by the Company) holds 100.00% of shares; Objectives: Electricity generating and distributing business; Board of Directors: Pol. Lt.Gen.

Nitat Limsiripan; Mr. Suradaj Malaithong; Source of Funds: Working capital; Connected Nature: This transaction is not a connected transaction in accordance with the Notification of the Capital Market Supervisory Board No. TorJor. 21/2551; Size of Transaction: After calculating the value of this asset acquisition and all asset acquisitions of the Company which have occurred during the past six months, the transaction size does not fall within the disclosure requirement under the Notification of Capital Market Supervisory Board No.

TorJor. 20/2551.