As the Board of Directors of Sea Oil Public Company Limited (the "Company") has resolved to approve the establishment of new subsidiary, such subsidiary has already been founded on 31 December 2020. Company name will be Sea Oil Petroleum AS with objective as Oil and Petroleum Trading and related business. Registered capital will be NOK 30,000 divided into 30,000 shares with the value of NOK 1 each (Or approximately BDT 106,164. Compared with BOT exchange rate as of 30 December 2020).