QTC Energy Public Company Limited announced that on April 29, 2024, the company has established the new subsidiary company, the details of which are as follows: Name of Subsidiary Company: QTC EV COMPANY LIMITED. Registered Capital: BHT 5,000,000. Divided into 50,000 ordinary shares with the par value of BHT 100 each.

The Company holds the shares in the ratio 59.99%. Objectives: To operate energy business related to electric vehicles. Board of Directors: Mr. Poonphiphat Tantanasin, Mr. Peera Lucksanapirak, Miss Sasikarn Tantanasin, Mr. Pachoke Chanpitaksa and Mr. Kitti Achariyaboonyong.

Source of Funds: The company's working capital.