Thai Group Holdings Public Company Limited announced that the company's Executive Board from meeting held on February 14, 2024 resolved to approve the establishment of a new subsidiary as the following details: Company Name: SUBACAR Company Limited, Purpose of Establishment: to operate other businesses to support the main businesses of the Group, Registered Capital:THB 100,000 divided into 10,000 ordinary shares with par value of THB 10 per share. Office Location: 315 Thai Group Building, 12th Floor, Silom Road, Silom, Bang Rak District, Bangkok, 10500.