Asian Marine Services Public Company Limited signed the contract with Port Authority of Thailand to purchase and install the drive system Azimuth Thruster of TARUA 119. Such transaction is in accordance with the ordinary course of business and general trading practices as executed by the company with other companies, per details of works as follows: Signing Date: October 19, 2022 Type of vessel: Purchase and install the drive system Azimuth Thruster of TARUA 119. Contract value: THB 85,065,000.00 (Included VAT) Construction period: Approximately 180 Days.