Noble Development Public Company Limited (the "Company") announced that the Company and U City Public Company Limited has completed the establishment of a joint venture company for investment and development of real estate projects for sale. The details are as follows: Name of the Joint Venture Company: Suksawat Alliance Company Limited. Type of Business: Real estate development.

Registration Date: September 2, 2022. Registered Country: Thailand. Registered Capital: THB 50,000,000.

The joint venture with U City Public Company Limited will increase the potential and opportunity for the achievement in the development of the real estate projects of the Company. Moreover, it will enhance the Company's business competitiveness.