Kiang Haut Sea Gull Trading Frozen Food Public Company Limited announced that at its Board of Directors' Meeting held on June 23, 2023 has resolved to approve the establishment of new subsidiary. Name of subsidiary: Food Futures Company Limited. Registration Date: Within Quarter 3/2023 /July ­ September 2023.

Type of Business: Cold Storage and Food Industry. Investment Objectives: To further develop and expand the business base in the future. Registered Capital: THB 100,000,000 divided into 10,000,000 ordinary shares with a par value of THB 10 (Determine the minimum payment for shares.

Not less than 25%. Source of Fund: Internal cash flow of the Company.