The Meeting of the Board of Directors of Buriram Sugar Public Company Limited held on December 16th, 2021 has resolved as follows: Approved to establish a new subsidiary in consideration of the wood pellet business. Business objectives: To support the investment in wood pellet project, which is the industry tends to grow continuously in the future both domestically and internationally, in order to manage the investments in this business group efficiently and create maximum benefits for the company and shareholders. Establishment date is within the first Quarter of 2022.