Interhides Public Company Limited announced that the Board of Directors Meeting held on Tuesday, 20 February 2024 has passed a resolution to establish a new subsidiary. The details are as follows: Name of the subsidiary: Zhuhai Interhides Leather Company Limited. Date of registration date: In process and will complete within February 2024.

Investment Objectives: Increase competitiveness and expand the leather for shoe industry. Registered Capital: CNY 1,000,000. Nature of Business: Business related to leather product.