BTS Group Holdings Public Company Limited (the ‘Company’) announced that on March 12, 2021, the company has incorporated a new subsidiary as follows: Name: Capricorn Hill Company Limited; Type of Business: Land owner; Initial Capital and Shares: THB 100,000,000, divided into 1,000,000 ordinary shares with the par value of THB 100 each; Shareholding Structure: The Company holds 100% shares; and Source of Fund: Working capital of the Company.