Frasers Property (Thailand) Public Company Limited has established a new subsidiary with details as follows. Name of subsidiary: Gold Venture 1 Company Limited. Establishment registration date: 17 November 2023.

Country of registration: Thailand. Shareholding structure: 99.48% held by the Company via Golden Land Property Development Public Company Limited, a subsidiary of the Company. Objective: For the Company's investment in various businesses.

Registered capital: THB 1,000,000. The establishment of a new subsidiary has been approved by the resolution of the Board of Directors' Meeting No. 1/2024 held on 9 November 2023 and the establishment was completed on 17 November 2023.