TV Direct Public : Notification of New Subsidiary Company Incorporation

Registration No. 0107554000101

July 20, 2022

Subject: Notification of New Subsidiary Company Incorporation

To: President

The Stock Exchange of Thailand

According to the Board of Directors' Meeting No. 7/2022 of TVD Holdings Public Company Limited (Formally known as TV Direct Public Company Limited) (the "Company") which resolved to approve the incorporation of a new subsidiary company for carrying on the sale of goods business through 3 direct marketing channels i.e. E-Commerce, TV Shopping and Call Center. The Company hereby notifies that the Company has already registered a new subsidiary company on July 20, 2022. The detail of which is as follows:

Company name	:	TV Direct Co., Ltd.
Office address	:	25 Watcharapol Road, Tarang, Bangkhen, Bangkok
Nature of business	:	Carrying on the sale of goods business through 3
		direct marketing channels i.e. E-Commerce, TV
		Shopping and Call Center.
Registered capital and shares :	Baht 1,000,000 divided into 10,000 shares at the par
		value of Baht 100 each.
Shareholders' structure	:	TVD Holdings Public Company Limited holds
		shares in the proportion of 100 percent.
Source of fund	:	Working capital of the Company.

The said transaction is not considered as a connected transaction in accordance with the Notification of the Capital Market Supervisory Board No. Tor.Chor. 21/2551 and is not the acquisition of assets having size of transaction within the scope of the Notification of the Capital Market Supervisory Board No. Tor. Chor. 20/2551.

Please be informed accordingly.

Yours sincerely,

(Mr. Wichian Manapongpun)

Company Secretary