Signing of the Share Purchase Agreement

Bangkok, Thailand – June 2025 – Karmarts Public Company Limited (“Karmarts PLC”) is pleased to announce that it has entered into a Share Purchase Agreement on June 10, 2025, to acquire a 30.0% equity stake in 4U2 Co Co., Ltd., a leading cosmetics company based in Thailand. The share acquisition is scheduled to be completed within June 2025.

The purpose of this investment is to establish a strategic partnership with 4U2 Co Co., Ltd. Through this alliance, Karmarts PLC and 4U2 Co Co., Ltd. will collaborate in the development and procurement of cosmetics, as well as in domestic and overseas distribution and marketing. By leveraging the strengths of both companies, this partnership aims to further advance the growth and development of 4U2 Co Co., Ltd.

Karmarts PLC looks forward to a successful collaboration and the shared growth opportunities this partnership will bring, and we will continue to pursue strategic investment collaborations with the aim of becoming one of the leading international cosmetics companies.