Thai President Foods Plc announced that President Bakery Plc., subsidiary of the Company, establish of a subsidiary. Therefore, the newly subsidiary company, it has the status of being an (indirect) subsidiary of the Company as well. Date of transaction,: Within 2023, Company name,: PB Flour Mill Company Limited, Purpose of transaction,: Expand business opportunity of the Company and its subsidiary,: To obtain future return in dividend, Registered capital: THB 500,000,000 divided into 5,000,000 ordinary shares at par value THB 100, 5,000,000.

Type of business,: Production and distribution of wheat flour period expected to generate commercial income within year 2026.