Power Solution Technologies Public Company Limited would like to notification that Mr. Soammaphat Traisorat has resigned from the Position of Chairman of the Board of Directors and the Acting Chairman of the Executive Committee, as he has assumed additional responsibilities and is therefore unable to fulfill the aforementioned duties completely, effective from January 23, 2024 onwards. The Company is undergoing the recruitment process for such vacant Chairman of the Board of Directors and the Chairman of the Executive Committee and shall report the progress in the next opportunity.