Subsidiaries with Wave and its subsidiaries at least 10% and above held by the Company and its subsidiary

WAVE BCG Co., Ltd.

( WAVE BCG )

WAVE BCG Co., Ltd.

( WAVE BCG )

One-stop climate & sustainability solutions for companies to achieve their Carbon Neutrality ambitions and improve their global competitiveness.

Wave BCG PTE LTD

Wave BCG PTE LTD

Supporting Wave BCG to expand one-stop climate & sustainability solution business to the global market.

WAVE Wellbeing Co., Ltd.

( WAVE Wellbeing )

WAVE Wellbeing Co., Ltd.

( WAVE Wellbeing )

At Wave Wellbeing, we focus on developing products and solutions for human health and wellness.

WAVE Education Group Co.,Ltd.

( WAVE Education Group )

WAVE Education Group Co.,Ltd.

( WAVE Education Group )

  1. The Company has the rights as Master Franchisee to establish and operate English language centers under the name “Wall Street English” and license franchisees (sub-franchise right) to investors in Thailand, Kingdom of Cambodia and Lao People's Democratic Republic.

  2. The Company has restructured the business by changing its former name “CVD Organizer Co., Ltd.” for clarity and flexibility in management.

Wall Street English (Thailand) Co., Ltd.

(WSE)

Wall Street English (Thailand) Co., Ltd.

(WSE)

Private English language school

Wastech ESG Co., Ltd.

Wastech ESG Co., Ltd.

Operating ESG businesses in relation to producing Solid Recovered Fuels (SRF) for power plant and oil rig dismantling.