Major Development Public Company Limited announced that the Board of Directors' Meeting No. 12/2023 held on December 7, 2023, resolved to approve the establishment of 2 new subsidiaries. Name of the Company: MM Residences One Company Limited, Date of Establishment: by December 2023, Objectives: To accommodate the real estate development project, Registered Capital: THB 1,000,000 consists of 10,000 ordinary shares with a par value of THB 100 each.

Source of Fund: Working capital of the Company. Connected Transaction: This transaction is not a connected transaction in accordance with the Notification of the Capital Market Supervisory Board No. TorJor.

21/2551(including additional revisions). Size of Transaction: The calculated transaction size does not cause the Company to fall within the disclosure requirement under the Notification of the Capital Market Supervisory Board No. TorJor.

20/2551. Name of the Company: Major SPV Two Co. Ltd. Date of Establishment: by January 2024.

Objectives: To accommodate the real estate development project. Registered Capital: THB 1,000,000 consists of 10,000 ordinary shares with a par value of THB 100 each. Source of Fund: Working capital of the Company.

Connected Transaction: This transaction is not a connected transaction in accordance with the Notification of the Capital Market Supervisory Board No. TorJor. 21/2551(including additional revisions).

Size of Transaction: The calculated transaction size does not cause the Company to fall within the disclosure requirement under the Notification of the Capital Market Supervisory Board No. TorJor. 20/2551.