Delta Electronics (Thailand) Public Company Limited at its board meeting held on 28 August 2023, approved the establishment of a new subsidiary in the Philippines. Estimated completion: within first quarter of 2024. Name of the company: Delta Electronics Philippines Inc. Nature of the business: providing power electronics, automation and energy infrastructure products and systems. Registered capital: USD 200,000 (approx.

THB 7.02 million). Paid-up capital: USD 200,000 (approx. THB 7.02 million).

Shareholders: Delta Electronics (Thailand) PCL. (the Company) 100%. Directors: David Leal, Jimmy Wan, and Milo Tseng.

Expected benefits: to support and expand the business of power electronics, automation and energy infrastructure in the Philippines. Source of fund: operating cash flow of the Company.