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| Announcement Detail | Advance International Company for Communication and Information Technology (“the Company”) announces the adoption of a comprehensive strategic plan to restructure its technical and operational divisions. This is part of its efforts to enhance operational efficiency and raise the level of specialization in providing technical and operational services, in line with the Company's future objectives and planned expansion. The plan includes the following: Separating the Projects Sector into a 100% wholly-owned subsidiary. Separating the Wholesale Sector into a 100% wholly-owned subsidiary. Establishing a new technical services, cybersecurity, and programming division and separating it into a 100% wholly-owned subsidiary. Developing an investment arm within the Company to explore opportunities for strategic partnerships and generate new business that serves the Company's expansion. This step aims to improve operational efficiency by allocating resources and managing each activity independently, contributing to enhanced governance and operational flexibility, and supporting growth and expansion opportunities in each division. This step does not have any material financial impact at this time. The company will announce any material developments related to the restructuring plan, the establishment of subsidiaries, or the entry into partnerships in due course. This move is part of an integrated strategic plan aimed at developing the company's business model and enhancing long-term shareholder value. |