Bangchak Corporation Public Company Limited would like to inform that BCP has incorporated one new subsidiary company, in which details as follows: Date of incorporation: 3 October 2023 To provide planning, including management services to the refinery business of BCP and Esso (Thailand) Public Company Limited, in order to achieve the best efficient operation, minimize cost, and maximize profit with fairness and transparency to all stakeholders, including supply and production planning, logistics planning, price risk management, sales management and other tasks related to the oil trading business. Furthermore, BCP and ESSO are considering the establishment of ROSE for the abovementioned objective in order to ensure that there will be clarity and transparency regarding the working team, enhancing efficiency in managing the group, and reducing the potential conflicts of interest.