Jasmine Technology Solution Public Company Limited at the meeting No. 3/2022 convened on May 10, 2022, passed the resolution to approve the establishment of a new subsidiary in Singapore, the Company is pleased to inform that on September 21, 2022, the Company has completely registered the establishment of new subsidiary in Singapore. The details are as follows: Name of the Company: Jasmine Technology Solution (Singapore) PTE.

LTD., Objectives of Establishment: Expanding Cloud AI business, Internet of Things (IoT) and Fin Tech, Paid-Up Capital and Initial: 100 SGD Shares, Shareholding Structure: The Company holds 100% shares. Source of Fund: Working Capital, Board of Directors' Structure: 3 Directors, namely (1) Mr. Dusit Srisangaoran, (2) Mrs.Thipa Mahakititkun, and (3) Mr. Tan Hock Lye Lawrence. In this regard, the establishment of a new subsidiary in Singapore is not classified as a connected transaction and transaction value does not cause the Company to fall within Information Memorandum on the acquisition of assets transactions and connected transactions pursuant to the Notification of the Capital Market Supervisory Board No.

TorChor. 20/2551 re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets, and the Notification of the Board of Governors of the Stock Exchange of Thailand Re: Disclosure of Information and Other Acts of Listed Companies Concerning the Acquisition and Disposition of Assets B.E. (2004) (including any amendment thereto).