(Translation)

No. BGRIM 10/2565

8 July 2022

Subject:

Investment in Sekong Investment Advisory Company Limited

To :

President

The Stock Exchange of Thailand

B.Grimm Power Public Company Limited (the "Company") would like to inform that on 8 July 2022, the Company has invested in Sekong Investment Advisory Company Limited ("SIA"), a company incorporated under law of Lao People's Democratic Republic, in the proportion of 20 percent of registered capital, details are as follows;

Name of the company

Sekong Investment Advisory Company Limited

Registered capital

Lao Kip 1,000,000,000, divided into 100,000 ordinary shares

(Lao Kip 10,000 per share)

Purpose

To support the investment of the Xekong 4A and 4B Hydroelectric Power

Project with installed capacity of 355 megawatts, located in Xekong

Province, Lao PDR, and the head office is located in House No.187, Unit

12, Kaisonphomvihan Road, Phonsaart Village, Saysettha District,

Vientiane Capital, Lao PDR

Shareholders/

20% held by B.Grimm Power Public Company Limited

Holding proportion

60% held by RATCH Group Public Company Limited

20% held by Business Partners (who is not connected person)

Source of Funding

Working Capital of B.Grimm Power

This transaction is not classified as connected transactions and the transaction size is not required to be disclosed under the rules, procedures and disclosure of information concerning the acquisition or disposition of assets of the listed company pursuant to the Notification of the Capital Market Supervisory Board and the Board of Governors of the Stock Exchange of Thailand.

Please be informed accordingly

Yours faithfully,

(Dr. Harald Link)

President

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BGrimm Power pcl published this content on 08 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 July 2022 10:33:03 UTC.