SC Asset Corporation Public Company Limited (the Company) would like to inform that on 14 June 2023, the Company has established the new subsidiary company, the details of which are as follows: Name of Subsidiary Company: SC ASSET SEVEN COMPANY LIMITED; Registered Capital: THB 5,000,000 divided into 500,000 ordinary shares with the par value of THB 10 each. Shareholding Ratio: The Company holds the shares in the ratio 99.99%; Objectives: To conduct the business of real estate development; Board of Directors: Mr. Rachod Nantakwang, Miss Namtip Promchua, Mrs. Kanokon Limkumnerd; 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.