The Board of Directors of Boutique Corporation Public Company Limited No. 2/2023, held on 10 May 2023, has resolved to approve the establishment of a new subsidiary. Name of the Company: Boutique Gastronomy Ltd., Jurisdiction: Thailand, Tentative Incorporation: End of May 2023, Type of Main Business: Operating food and beverage services for hotels of the Company and/or hotels under the management of the Company, Registered Capital: THB 2,000,000 divided into 20,000 ordinary shares with a par value of THB 100 per share, Paid-up Capital: THB 2, million, (Fully paid-up), Source of Fund: The Company's internal cash.