Wattanapat Hospital Trang Public Company Limited informed that the Board of Directors Meeting No. 3/2023 held on August 9, 2023 has resolved to approve the signing of a joint venture agreement with Ekachai Medical Care Public Company Limited by establishing a new company to operate a Palliative care service and Nursing home service for the elderly, with a specialized team of expert doctors who are prepared to tailor individualized treatment plans under the name "Koon Ao Nang Hospital" which is in accordance with the resolution of and assigned the Chief Executive Officer or the person assigned and authorized by the Chief Executive Officer to perform various actions necessary and appropriate in relation to the investment including any other conducts to complete the investment. Koon Ao Nang Hospital will be constructed as a three-story high building located in Moo 5, Ao Nang Sub-district, Mueang Krabi District, Krabi on a leased land area of approximately 3.5 rai.

The land is leased from Wattanapat Hospital Ao Nang Company Limited (a subsidiary of the Company) for a period of 30 years. The hospital is expected to start its operations in the third to fourth quarters of the year 2025. The preliminary details of the investment are as follows: Company Name: Koon Ao Nang Company Limited.

The nature of the business operation: Engaging in the hospital business, providing Palliative care services and Nursing home service for the elderly, with a capacity of 36 beds under the name "Koon Ao Nang Hospital". The board of directors consists of 6 members, including: The directors from Wattanapat Hospital Trang Public Company Limited total 3 people. The directors from Ekachai Medical Care Public Company Limited total 3 people.