Yggd Brazil Group Public Company Limited announced that on August 10, 2023, the Board of Directors resolved to approve the establishment of 2 new subsidiaries in accordance with the business plan to support the growth and expansion of the Company as follows: Company Name,: YGG Inter Co. Ltd. (The name may be adjusted later), Date of Incorporation,: By September 2023, Type of Business, Registered Capital,: Operating in Digital Contents Business, Registered Capital,: 5,000,000 (five million) baht, Consisting of ordinary shares, With a par value of 100 (one hundred) per share, Shareholding Structure,: The Company holds 100% of shares., Head Office,: Dubai, United Arab Emirates, Source of Funds,: Working capital of the Company, Company Name,: YGG Digital Tech Co. Ltd. (The Name may be adjusted later), Date the Incorporation,: Operating in Digital Contents business, Registered Capital,: 5.000,000 (five million).

Consisting of 50,000 (fifty thousand) ordinary shares, With par Value 100 (One Hundred) per share, Shareholding structure,: The Company holds 100%. of shares., Head Office,: Bangkok, Thailand. Source of Funds.: Working capital of the Company.

Based on the size of the asset acquisition, the above transaction is not subject to the disclosure requirements according to the Notification of the Board of Governors of the Stock Exchange of Thailand on Disclosure of Information and Other Act of Listed Companies Con concerning Acquisition or Disposition of Assets B.E. 2547 (2004) and is not considered a connected transaction under the Notification of the Capital Market Supervisory Board regarding connected transactions.