Prime Road Power Public Company Limited announced that the Board of Directors' Meeting No. 12/2022 held on 10 November 2022, has resolved to approve the establishment of a new subsidiary. The details are as follows: Established Company's Name: Prime Waste Energy NE1 Company Limited.

Registration Date: Within December 2022. Type of Business: Renewable Energy and Electricity Supply. Investment Objectives: To operate the renewable energy business.

Registered Capital: 1,000,000 Baht Divided into 10,000 ordinary shares with a par value of 100 baht. Shareholding Structure: Prime Waste Energy Company Limited (in which the Company indirectly holds 89.97% shares) holds 99.97% of shares of PWE NE1.