Thoresen Thai Agencies Public Company Limited informed that the Company has established a new subsidiary company, P80 Air Ltd. details of which are as follows: Name of the Company: P80 Air Ltd. ("P80A"), Country of Incorporation: Thailand, Date of Incorporation: 23 February 2022, Type of Primary Business: Airline Business, Registered Capital: THB 300,000,000, Divided into 30,000,000 ordinary shares, with a par value of THB 10 per share.