Yggdrazil Group Public Company Limited announced that on February 28, 2024, the Board of Directors resolved to approve the establishment of 4 new subsidiaries in accordance with the business plan to support the growth and expansion of the Company as follows: Company Name: YGG Animation Co. Ltd. (The name may be adjusted later) Date of Incorporation: By June 2024 Type of Business: Doing business in the field of Animation Registered Capital: THB 2,000,000 (two million) Consisting of ordinary shares 20,000 (twenty thousand) shares With a par value of 100 (one hundred) baht per share Shareholding Structure: The Company holds 100% of shares. Head Office: Bangkok, Thailand Source of Funds: Working capital of the Company; .

Company Name: YGG VFX Co. Ltd. (The name may be adjusted later) Date of Incorporation: By June 2024 Type of Business: Doing business in the field of Visual Effect services for Film Industry Registered Capital: THB 2,000,000 (two million) Consisting of 20,000 (twenty thousand) ordinary shares With par Value THB 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.

Company Name: YGG Film Co. Ltd. (The name may be adjusted later) Date of Incorporation: By June 2024 Type of Business: Doing business in the Film Production Registered Capital: THB 1,000,000 (one million) Consisting of 10,000 (ten thousand) ordinary shares With par Value THB 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.

Company Name: YGG China Co. Ltd. (The name may be adjusted later) Date of Incorporation: By June 2024 Type of Business: Coordinating with Chinese Customers Registered Capital: 500,000 (five hundred thousand) Yuan Or approximately around THB 2,500,000 (two million and five hundred thousand) Consisting of 100 (one hundred) ordinary shares With par Value CNY 5,000 (five thousand) per share Shareholding Structure: The Company holds 100% of shares. Head Office: Shanghai or Beijing, The People's Republic of China Source of Funds: Working capital of the Company.