TVD Holdings Public Company Limited announced that Board of Directors meeting held on September 29, 2022 resolved to approve the incorporation of a new subsidiary company in which the Company holds shares 100% of voting shares, to provide credit facility with real estate collateral. The Company hereby notifies that the Company has already registered a new subsidiary company on October 19, 2022. The detail of which is as follows: Company name: TVDC CO., LTD.; Office address: 25 Watcharapol Road, Tarang, Bangkhen, Bangkok; Nature of business: Provision of credit facility with real estate collateral; Registered capital and shares: THB 100,000,000 divided into 1,000,000 shares at he par value of Baht 100 each.

Shareholders' structure: TVD Holdings Public Company Limited holds shares in the proportion of 100%. Source of fund: Working capital of the Company.