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Executive Introduction

Management's introduction, with the rapidly changing situation and fluctuations due to many factors that continue to occur in 2021, especially the spread of the COVID-19 virus, which broke for more than two years has had a wide impact, such as the economy slackened and the purchasing power and business interruptions due to lockdown measures and the people's lifestyles have changed like never before to entering a new way of life (New Normal). This is considered to be one of the most challenging phases of the business. The company has put all its efforts into overcoming obstacles in order to be able to launch the business as planned and to make the business continue to run while focusing on determining the concern and care of business stakeholders throughout the supply chain such as maintaining and taking care of the health of employees and the safety of customers who visit the company with intensive measures to help the community and the nation to prevent the spread of the virus. The company would like to commend all employees for their kindness, dedication, and patience in performing their duties to the best of their ability and cooperation to promote good health for everyone.

The company is committed to producing ethanol and electricity from quality biomass that is friendly to the environment and in 2022 there is another important step for the company which has developed the business by expanding Phase II projects with the business of wastewater treatment or disposal and the production of tap water, industrial water, or steam. It is under construction and will open for business within 2023 to enhance the strength and competitiveness of the company at the regional and national levels of the company, which will lead to good performance in the future and also help upgrade the energy industry.

From the COVID-19 crisis that affected the operations of the company as well as other companies in the same industry, but with a proactive approach to customer needs, flexibility and cooperation from a network of alliances in a variety of businesses, including expanding cooperation with the government sector and business partners in terms of ideas and finding opportunities, as well as collaborating to join forces to bring knowledge to expand the business, ready to adjust the strategy to be in line with the volatile situation. The company has not stopped developing, it is one of the strategies that correspond to the situation very well, enabling the company to cope and drive the business forward steadily. The Company has managed its cash flow and capital structure to ensure that it has sufficient liquidity to operate its business as well as to maintain financial stability continuously.

The company aims to drive the business to be able to operate continuously under the vision of sustainability, which is "To be a leading organization that drives the energy business by integrating personnel modern technology, excellent quality control systems and management, ready to drive the power of creativity towards product development goals for the environment with sustainable value at international level” for sustainability that covers the economy, society, environment and good governance, taking into account all groups of stakeholders in the company's business, on behalf of the Board of Directors and the Executive Committee, the Company's executives would like to thank you all for supporting and working together as one, enabling excellent risk management and crisis response and overcoming every challenge, ready to grow sustainably together in business to create benefits for society and important stakeholders, stepping into a sustainable organization.

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HEAD OFFICE

8th Floor, SINOBRIT Building,
133 Vibravadi-Rangsit Road, SamsenNai,
PhayaThai, Bangkok 10400, Thailand

+66 (0) 2248-2767 to 8

FACTORY

333 Moo 14 Nong Pho Sub-District,
Taklee District, Nakhonsawan Province,
60140, Thailand

+66 (0) 5620-0851 to 3