Britania Public Company Limited approved to enter into the joint venture agreement with Asian Wellness Residence Company Limited ("Asian Wellness"), a subsidiary of Asian Sea Corporation Public Company Limited ("ASIAN") (ASIAN was incorporated in Thailand and held 99.99% shares in Asian Wellness). The signing of Joint Venture Agreement was successfully completed on 28 June 2023. In this regard, the shareholding restructuring shall be completed within 30 June 2023.

Details of the Company after entering into the Joint Venture: Name: BRITANIA ASIAN KHAOYAI COMPANY LIMITED; Registration: 23 June 2023; Objects: Real Estate Development of Horizontal Residential Property; Registered Capital: THB 1,000,000 Consisted of 100,000 ordinary shares With a par value of THB 10 each; Shareholding: Group A. 0.001% (1 share) held by Mr. Surin Sahachatpokanan; and 59.999% (59,999 shares) held by BRI. and Group B. 40.000% (40,000 shares) held by Asian Wellness.