Prime Road Power Public Company Limited announced that the Board of Directors' Meeting No.10/2023 held on 19 October 2023, has resolved to approve the establishment of new subsidiary. The details are as follows: Established Company's Name: Under consideration. Registered under the laws: Thailand.

Investment Objectives: To operate the renewable energy business, manufacturing and distributing electricity, and general investment business. Registered Capital: THB 1,000,000 divided into 10,000 ordinary shares with a par value of THB 100. Shareholding Structure: Wongpaiboon Engineering Company Limited (in which the Company holds 69.98%) holds 51%.

Prime Road Rooftop Company Limited (in which the Company holds 99.97%) holds 49%. 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 Acts of Listed Companies 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 companies. However, the Company has a duty to report information on the basis that a listed company or its subsidiary company acquires investments in other companies, which results in such a newly established company becoming the subsidiary of the Company.