Dear Shareholders,

Since the COVID-19 pandemic situation has reduced its severity, thus Thailand has begun to open the country starting from the end of the year 2022, and the overall country’s economic condition has tendency to improve. As a result, there is interest from foreign investors who want to increase their investment in Thailand, coupled with the support from the government sector in the development of projects in industrial estates, especially along the Eastern Economic Corridor (EEC), which makes the factories and warehouses businesses in Chonburi, Rayong and Chachoengsao provinces thus have attracted the attention from both large domestic entrepreneurs and also the new foreign entrepreneurs in the Asian region. The businesses that are likely to expand into Thailand include the electronic industry, the automotive industry and the medical equipment industry. These businesses will not only generate income for the country, but also bring new innovations to be used to drive the economy in the future which will be very beneficial for the country.

However, at the end of the year 2023, it must be acknowledged that every country has faced the same problems related to natural changes until there was a campaign for environment management (EMS: Environment Management System) which foreign investors have given importance and are considered as one of the factors in deciding to invest. The Company has realized the importance of preserving the environment,especially in industrial estate business operations. In addition to set up various systems to meet the standards, it also requires cooperation from entrepreneurs so as to manage the amount of water sufficiently, to manage the wastewater disposal to be in accordance with the standards before release into natural water sources, and the prevention of pollution caused by the production systems. All these factors are therefore a part of what investors need to study in order to provide information when they will make their decision to operate their business within the Company’s Industrial Estates. The Company is also committed to preserve the environment in order to ensure smooth coexistence between the industrial estate business and the nearby community.

The Company would like to thank all shareholders, debenture holders, customers, business partners and all related parties for supporting the Company to operate its business well. All executives and employees are aware of their duty to lead the Company to success and move forward with stability as has always been trusted by everyone.