Saksiam Leasing Public Company Limited announced that the Board of Directors' meeting of the Company No. 1/2023 which held on January 5, 2023 resolved to approve the Company to enter into a joint venture agreement and establish a joint venture company with TC Renewable Energy Co. Ltd. The joint venture company has the objective to operate the business of distributing solar cell products, to study and explore for business opportunities in order to expand the investment in solar cell-related businesses, especially for the solar rooftop project.

The Company's investment in the joint venture is the expansion of the Company's business to the potential business which tends to grow continuously. For the joint venture, the Company has potential investors and the expert in the renewable energy business, which is recognized by both the public and private sectors. Therefore, this investment will strengthen the business operation of the Company to be more diverse and competitive.

As such, the Company has entered into a joint venture agreement with TC Energy on January 5, 2023, whereby the Company will hold 35 percent of the total registered capital of the joint venture company. The incorporation registration is expected to complete within January 2023. Joint Venture Name: Saksiam TC Energy Co.

Ltd. Registered Capital: THB 50,000,00 with the par value at THB 10. Shareholding Structure: 1. Saksiam Leasing Public Company Limited hold 1,750,000 shares or representing 35% of the total registered capital. TC Renewable Energy Co.

Ltd. hold 3,250,00 shares or representing 65% of the total registered capital. Nature of Business: Distributing solar cel products and solar energy related products.