Energy Absolute Public Company Limited announced the establishment of new subsidiary. Name of new subsidiary: Infinity Greener Co. Ltd. Date of Establishment: 4 January 2023.

The registered capital of THB 100,000, Divided into 10,000 ordinary share with par value of THB 10 per share. % of shareholding: 69.97% of registered capital held by Mine Mobility Research Co. Ltd., the subsidiary of the Company; 29.99% of registered capital held by Sikhorn Co.

Ltd.; 0.04% of registered capital held by others. Main Objective: To provide research and development in automotive. Source of funds: The Company's cash flow.