Acquisition or disposition of assets

According to the Board of Directors meeting of Thai Coconut Public Company 
Limited ("the Company") no.6/2024 on 17th July 2024, the meeting has approved
the investment in the project of investment in beverage with pulp product
production line, which the total investment value is approximately 280 million
baht in order to support the requirements and growth of beverage with pulp
products. After this investment, the maximum production capacity of coconut
water products will increase from 360,000 tons per year to 398,000 tons per
year.
The Company is in the process of selecting contractors according to the 
Company's procurement process, which will consider the contract parties that are
not related and are not connected transactions based on the announcement of the
capital market supervisory board Tor Jor no.21/2008: the principle of connected
transaction dated 31st August 2008 (and amended announcement) and the board of
stock exchange in Thailand: the information disclosure and practices of the
publicly listed company in the lists of connected transactions in 2003 dated on
13th November 2003 (and amended announcement).
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