Applied DB Public Company Limited at its board meeting No.5/2021 held on August 9, 2021 resolved to approve the establishment of new subsidiary with the following details: Company name: ADB BIO Co.,Ltd. The established date: Within August 2021. Address of the subsidiary: 252 Moo 4, Sukhumvit Road, Prakasa, Muang, Samutprakarn 10280. Type of Business: manufacturer and distributor of bio products. Registered Capital: THB 1,000,000 divided into 10,000 ordinary shares, with the par value of THB 100 each. Establishment Objectives: provide biodegradable raw materials and semi finished products that can replace traditional plastic to support the development, production and distribution of bio products. Shareholding Structure: 99.97% held by Applied DB Public Company Limited. Source of Fund: the company's working capital. Board of director's opinion: the board of directors approved the investment in a new subsidiary company as it will benefit the company in the long term.