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Tycoons Worldwide Group (Thailand) Plc.

Changes in investment in associated companies
Fastbolt International Pte. Ltd. (hereinafter referred to as FBS)
On September 5, 2023, the Company's Board of Directors' meeting resolved to approved the
investment in 4,557,000 newly issued ordinary shares of the Singapore company, Fastbolt
International Pte. Ltd., with a total investment amount of EUR 4,557,000 or (167,901,150 baht). In the
first quarter of 2023, Fastbolt International Pte. Ltd. has additional investment in Fastbolt Group
GmbH. Fastbolt Group GmbH is a German company founded in 1982, mainly engaged in the import
and sale of fastener products.
On August 15, 2023, Fastbolt International Pte. Ltd. increased its registered capital from EUR
9,300,000 (9,300,000 common shares, par value EUR 1 each) to EUR 9,600,000 (9,600,000 common
shares, par value EUR 1 each) by issuing additional common shares of EUR 300,000 (300,000
common shares, par value EUR 1 each). However, the Company has not invested additional capital
in the additional common shares in this company. As a result, the proportion of investment in the said
company decreased from the original 49.00% to 47.47%.

KDB Company Limited. (hereinafter referred to as KDB)
On March 8, 2023, the Company's Board of Directors' meeting resolved to approve the
purchase of additional capital shares of KDB Company Limited. The said company increased its
registered capital from 159,636,000 baht (159,636 common shares, par value 1,000 baht each) to
269,636,000 baht (269,636 common shares, value 1,000 baht each) by issuing additional common
shares of 110,000,000 baht (110,000 common shares, value 1,000 baht each). In this regard, the
company has invested more in additional common shares of Such company has 49,494 shares,
totaling 49,494,000 baht and has paid the full value of the additional shares. The said additional
investment by the Company has no effect in changing the proportion of investment in the said
company.

1.1.3 Relationship with the business group of major shareholder
Company policy, management and operation of TGE and TYCN are clearly separated, and
the two management teams are independent each other, in order that each company is acting in its
own best interests.

1.1.4 Tycoons Worldwide Group (Thailand) Public Company
Name of the company: Tycoons Worldwide Group (Thailand) Public Company
Limited (TYCN)
Type of business: To manufacture and distribute wire rod, reinforcing bars (including deformed bars
and round bars), annealed wire, screw, bolt and thread rod.
Location: 99 Moo 1, Nikhom Phatthana, Nikhom Phatthana, Rayong 21180 Thailand.
Registered share capital: 596,748,900 common shares, par value 7.50 Baht, paid- up Capital
4,475,616,750 Baht.
Issued and paid-up share capital: 596,748,900 common shares, par value 7.50 Baht, paid-up
Capital 4,475,616,750 Baht.
Company registration: 0107546000172
Telephone No.: (033)-658-558, (038)-63697
Facsimile No.: (038)-636-977

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