SAAM Development Public Company Limited (the Company) has already established 2 subsidiaries under SAAM International Limited, a subsidiary which the Company holding 100% investment, with the following details: Company Name, Biomass Power Nine GK and Biomass Power Ten GK, Objectives, To develop renewable energy projects in accordance with client's requirements in Japan by selling investment in subsidiary, Registration Date, 1st May 2023, Registered Capital, THB 25,036 for each subsidiary (100,000), Proportional Share Holding, 100% by SAAM International Limited.