Pruksa Holding Public Company Limited informed the establishment of two subsidiaries in accordance with the resolution of the Board Meeting held on 12th October 2023, including Vimut Property Thonglor Company Limited ("VMTL") and Thai Orthopedics Company Limited ("THOR"). The establishment is aimed at operating a hospital specializing in bone and joint through a partnership with potential partners who possess expertise in orthopedics, which aligns with objective of assuming a leading role in the trusted healthcare platform, providing exceptional services, providing exceptional services, expanding ecosystem through commercial platforms both offline and online, and pursuing domestic and international partnerships while integrating medical specialties with recent innovations. Ultimately, the healthcare business is anticipated to yield recurring income and enhance profitability for PSH.

Company Name, Vimut Property Thonglor company Limited ("VMTL"), Date of Incorporation, 1st April 2024 which is the date the discussions between PSH and a group of orthopedists concluded, Objective, VMTL is established as a property company with the aim of owning and managing land and building for the orthopedic hospital., Registered Capital, BHT 100,000 divided into 10,000 ordinary shares with a par value of BHT 100, Shareholding Structure, VMH holds 100% of shareholding., Source of Fund, VMH's working capital. Company Name: Thai Orthopedics Company Limited ("THOR"). Date of Incorporation is 1st April 2024 which is the date the discussions between PSH and a group of orthopedists concluded.

Objective is THOR is established as an operating company with the aim of operating the orthopedic hospital. Registered Capital BHT 100,000 divided into 1,000 ordinary shares with a par value of BHT 100. Shareholding Structure VMH holds 100% of shareholding.

Source of Fund is VMH's working capital. The establishment of VMTL and THOR is not classified as connected transactions as stipulated by the Notification of the Capital Market Supervisory Board No. Tor Chor 20/2551 (including the amendments).

However, it is considered as an assets acquisition pursuant to the Notification of the Capital Market supervisory Commission No. Tor Chor 20-2551 (including the amendments) and the Notification of the Stock Exchange of Thailand Re: Disclosure of Information concerning the Acquisition and Disposition of Assets of Listed Companies B.E. 2547 (2004) (including the amendments) When calculating the transaction size based on PSH's total assets from the 2023 financial statements ended 31st December 2023, the transaction, combined with the total value of acquisition transactions within the preceding 6 months, is less than 15% of the total assets. Therefore, PSH is required to submit a disclosure to the Stock Exchange of Thailand but is not obligated to convene a shareholder's meeting for approval of this transaction.