Saha Pathana Inter-Holding Public Company Limited announced that at its board meeting held on May 15, 2024, approval to Establishment of a new subsidiary, the details are as follows: Name of Company In the process of applying for name of the newly subsidiary; Objective Providing property leasing services for office spaces, including serviced office, flexible workspace, co-working space, and related services; Registered Capital: THB 100,000,000.- divided into 1,000,000 common shares at THB 100 per share; Shareholding Proportion: The Company's will hold 60% of the registered capital; Source of Fund: The Company's working Capital; Transaction Size: This transaction is not considered to be a connected transaction of listed company according to the Notification of the Capital Market Supervisory Board in category of connected transaction, when calculating the transaction size during the past 6 months, is not more than 15% of the company's total assets and is not in line with the regulation on significant transaction subjecting to be an acquiring or disposition of asset that listed company.