Prime Road Power Public Company Limited announced that the Board of Directors' Meeting No. 2/2024 held on 27 February 2024, has resolved to approve the establishment of new subsidiary. The details are as follows: Rooftop Green Energy 01 Company Limited (or other name which can be finally registered), Registered under the laws, Thailand, Registration Date, Within quarter 2/2024, Investment Objectives, To operate the renewable energy business, Registered Capital, 100,000 divided into 1,000 ordinary shares with a par value of 100%, Shareholding Structure, Prime Esco Company Limited (in which the Company indirectly holds 99.99%) holds 100%, Director Structure, Mr. Somprasong Panjalak, 2. Surachet Chaipatamanont, 3. Piroon Shinawatra, Source of Fund, Internal cash flow of the Company.

The establishment of new subsidiary is not a connected transaction and this transaction is considered in accordance with the Notification of the Capital Market Supervisory Board No. TorJor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposition of Assets (as amended) and Notification of the Board of Governors Re: Disclosure of Information and Other Act of Listed Companies Con concerning the Acquisition or Disposition of Assets B.E.2547 (as amended) which the transaction size is not subject to any disclosure under regulations on acquisition and disposition of assets of the listed company.

However, the Company has a duty to report information on the basis that a listed company or its subsidiary company acquires investment in other company, which results in such newly established company becoming the subsidiary company of the Company of the Company.