Thanasiri Group Public Company Limited notified that the Board of Directors' Meeting of the Company No. 3/2023, has resolved to approve into a joint venture agreement with Lofis (Thailand) Co. Ltd. ("Lofis"), for the purpose of conducting real estate development in type of housing project (the "Project").

The details of the said transaction are as follows: Type of Investment. The Company will purchase 204,000 ordinary shares of Thanasiri Lofis (Thailand) Co. Ltd., representing 51% of total shares of Thanasiri Lofis (Thailand) Co.

Ltd., at a price of THB 100 per share, with a total value of THB 20,400,000.