Prime Road Power Public Company Limited notified that the Board of Directors' Meeting No. 2/2024 held on 27 February 2024 has resolved to approve in principle to establish a new subsidiary, and has authorized the Executive Committee to consider and approve the details of the subsidiary establishment. In this regard, the Executive Committee's Meeting No.

5/2024 held on 3 April 2024 has resolved to ratify such subsidiary establishment which established on 4 March 2024 with the following details: Established Company's Name, Prime Road Power (Yinan) Company Limited, Registered under the laws, People's Republic of China, Registration Date, 4 March 2024, Type of Business: To operate the renewable energy business. Registered Capital, 50,000,000 divided into 50,000,000 ordinary shares with a par value of 1 CNY. Source of Fund: Internal cash flow of the Company.