BTS Group Holdings Public Company Limited announced the establishment of a new subsidiary, Mammapazza Company Limited. Type of Business: To engage in the food and beverage business. Initial Capital and Shares: Registered capital of THB 4,000,000, divided into 40,000 ordinary shares with a par value of THB 100 per share.

Shareholding Structure: Turtle 23 Company Limited, a wholly-owned subsidiary of the Company holds 100% shares. Source of Fund: Working capital of Turtle 23.