M Pictures Entertainment Public Company Limited ("MPIC") hereby notifies that, on 29 May 2023, MPIC convened the Board of Directors Meeting No. 5/2023, which has resolved to approve the following material agenda: Acknowledgement of the resignation of the following directors who resign due to personal reasons that prevent them from carrying on their duties as directors of MPIC, effective from 29 May 2023: (1) Mr. Tirachai Vutithum, Chairman of the Board of Directors and Independent Director; (2) Mr. Thanachai Santichaikul, Chairman of the Audit Committee, Member of the Risk Management Committee and Independent Director; (3) Mr. Vachara Tuntariyanond, Independent Director, Member of the Audit Committee and Chairman of the Risk Management Committee; and (4) Mr. Natchanont Komutputipong, Independent Director, Member of the Audit Committee and Member of the Risk Management Committee. Approval of the appointment of the following persons to replace the resigning directors, effective from 29 May 2023: (1) Mr. Kittisak Chanokmat, as Chairman of the Board of Directors, Independent Director and Member of the Audit Committee, in place of Mr. Tirachai Vutithum; (2) Mr. Thanarerk Thanakijsombat, as Independent Director and Chairman of the Audit Committee, in place of Mr. Thanachai Santichaikul; and (3) Mr. Suvicha Sudchai, as Independent Director and Member of the Audit Committee, in place of Mr. Vachara Tuntariyanond.

Approval of the appointment of the following persons to be the Audit Committee, effective from 29 May 2023: (1) Mr. Thanarerk Thanakijsombat, as Chairman of the Audit Committee; (2) Mr. Kittisak Chanokmat, as Member of the Audit Committee; and (3) Mr. Suvicha Sudchai, as Member of the Audit Committee. Approval of the appointment of the following persons as executives of MPIC, effective from 29 May 2023: (1) Mr. Jiratch Wongtra-ngan as Chief Executive Officer and Chief Investment Officer; (2) Mr. Songphon Chaovanayothin as Chief Operating Officer; and (3) Mr. Thawan Petchlawlian as Chief Financial Officer. Approval of the appointment of Ms. Jirat Chanruang as the company secretary, effective from 29 May 2023.