Namwiwat Medical Corporation Public Company Limited at its board meeting held on May 13, 2024, have resolved to approve the principles for joint investment with Vimut Hospital Holding Company Limited ("VMH") to establish a joint venture company ("JVC"). The Company has not yet been able to disclose such resolution of the Board of Directors to the SET promptly due to the entering into such investment transactions is still uncertain and the Company is required to maintain information related to such transactions in confidential during the course of negotiations of relevant contracts and conditions, however, the Board of Directors' meeting have assigned the Chief Executive Officer to immediately disclose the detailed information to the SET upon all conditions and terms of the transaction have been mutually agreed. Name of Joint Venture Company: SERVISO HEALTHCARE SOLUTIONS CO., LTD. Objectives: Provision of medical support services which are Sterile Processing Service; Medical Waste Sterilization Service; and Biomedical Engineering Service in both domestic and overseas.

Registered Capital: THB 50 million (with an initial registered capital of THB 5 million). Shareholding Structure: NAM: holding shares of 60%,VMH: holding shares of 40%. Director Structure: NAM: to nominate 2 directors, VMH: to nominate 1 director.

Expected Completion Date of JVC establishment: Within Q2/2024. Source of Fund: Company's working capital.