Bangkok Chain Hospital Public Company Limited (BCH) notified that the resolution of the Board of Directors' meeting no.3/2024 dated April 24, 2024 has approved the establishment a new joint venture company, namely "Bangkok Chain Dental Co. Ltd. (the JV Company)" with a registered capital of THB 50,000,000, consisting of 5,000,000 ordinary shares with a par value of THB 10 per share. The shareholding structure is split between the Company and Dental Factory Company Limited (Dental Factory) at 60% and 40% respectively.

The JV Company will be incorporated and the capital paid up within second quarter 2024. The JV Company was founded to operate a mobile dental service. This collaboration between the Company, which has a base of self-pay and social security patients in 15 affiliated hospitals and 2 polyclinics, and the Dental Factory, a group of dentists specializing in general dentistry, endodontics, oral and maxillofacial surgery with a network of more than 60 specialized dentists, combined with a fast and efficient operating system that expands the patient network.

The mobile dental service covers all types of patient payment, such as the social security program, the universal coverage program, private insurance, the contract with large private corporations and self-pay patients. This mobile dental service is expected to be operational from third quarter 2024. In this regard, this transaction is not classified as connected transaction.

The size of the transaction having been calculated is 0.17% of the Company's total assets according to the consolidated financial statements as of December 31, 2023. Including previous acquisition transactions occurred during the past 6 months, the total transaction size is 0.17% of the Company's total assets. Therefore, the Company has no obligation to disclose the information in accordance with the Notifications on Acquisition and Disposition of Assets.