SC Asset Corporation Public Company Limited announced that on 3 August 2023, SC EXPEDITION COMPANY Limited, the subsidiary company has established the new subsidiary company. Name of Subsidiary Company, XW BP TWO Company Limited, Registered Capital, THB 5,000,000, divided into 500,000 ordinary shares with the par value of 10 THB each., Shareholding Ratio, SC EXPEDITION Company Limited holds the shares in the ratio 99.99%, Objectives, To conduct the business of real estate development, Board of Directors, Mr. Attapol Sariddipuntawat, Mr. Manit Banchongthanakit, 3. Rachod Nantakwang, Source of Funds, Cash flow from the Company's operation, Connected Nature, This transaction is not a connected transaction in accordance with the Notification of the Capital Market Supervisory Board No. TorJor.

21/2551, Size of Transaction, After calculating the value of this asset acquisition and all asset acquisitions of the Company which have occurred during the past six months, the transaction size does not fall within the disclosure requirement under the Notification of Capital Market Supervisory Board no. TorJor. 20/2551, Size of transaction, After calculating the value of This asset acquisition and all asset acquisition of the Company which have occurred During the past six months, the transactions size does not fall within the disclosed requirement under the Notification of Capital market Supervisory Board No.

Tor Jor. 20/2551. After calculating the value of this assets acquisition and all asset acquisitions of The Company which have occurred during the previous six months, the transaction size is not fall within the disclosure requirement.