Meb Corporation Public Company Limited informed that the Board of Directors meeting no. 3/2023 on 14 June 2023 has passed the resolution to approve the establishment of its new subsidiary. The details of which are as follows: Name of a newly established subsidiary: Khring Khring Ltd. Type of business: Enterprise Software and/or Digital Content; Registered capital: THB 10,000,000; Shareholding structure: Meb Corporation Public Company Limited holds 99.99%; Source of fund: The Company's working capital.

This investment is considered as an acquisition of assets of a listed company and subsidiaries. When combined the size this transaction with those in the past 6 month, the Company is not required to disclose pursuant to rule of the acquisition and disposition of assets.