Raimon Land Public Company Limited informed the resolutions of the Executive Committee's Meeting No. 10/2021, held on 28 October 2021, regarding the establishment of a subsidiary company. Details are as follows: Company's Name: Kamala Bay Holding Co. Ltd. Type of Business: Property Development. Registered Capital and shares: Initial THB 1,000,000, consisting of 10,000 ordinary shares at par value of THB 100. Paid-up Capital: THB 250,000 (25% of the registered capital). Source of Funds: Company's working capital.