Message from Chief Executive Officer for 2025

Throughout its 21 years of business operations, G Capital Public Company Limited has continuously developed its organization by adhering to the principle of Creating Shared Value (CSV). This commitment runs alongside the growth of Thailand’s agricultural sector through the provision of agricultural machinery hire-purchase loans, which play a vital role in increasing production efficiency and enhancing the potential of Thai farmers. The company remains convinced that sustainable business growth must proceed in tandem with creating benefits for society and all stakeholders. Consequently, we prioritize transparent operations, good corporate governance, and a balance between financial performance and overall economic and social development.

In 2025, the global economic outlook continued to face challenges and uncertainties arising from various factors, including geopolitical tensions, interest rate trends in major economies, and volatility in global financial and trade markets. As a result, economic recovery in many countries has been gradual. International economic organizations estimated that the global economy expanded at a moderate rate of approximately 3%, amidst inflationary pressures and high financing costs in certain regions.

Regarding the Thai economy in 2025, there was a trend of gradual expansion supported by the recovery of the tourism sector, private consumption, and government economic stimulus measures. However, the economy still faced structural constraints, such as high levels of household debt, volatility in the export sector, and global economic uncertainty. Various agencies projected that the Thai economy would grow within a range of approximately 2% – 3%.

Under these economic conditions, the business sector must prioritize risk management, operational efficiency, and strategic adjustments to align with the constantly changing economic environment. This is essential to maintain business stability and create long-term growth opportunities.

Beyond our core agricultural machinery hire-purchase business, the company has focused on expanding business opportunities into Non-Lending Businesses. This strategy aims to diversify revenue streams and strengthen the long-term business structure. Specifically, the company developed the Koh Tao Lifestyle Complex, a tourism-related real estate project designed to cater to modern travel trends while promoting the economic and tourism potential of the area.

Another significant project currently under development is in the field of aviation technology, specifically focusing on Unmanned Aerial Vehicle (Drone) services for tourism and logistics. This business has high growth potential driven by technological advancements and future travel patterns. The project aims to elevate the tourism experience and increase transportation efficiency in areas with travel limitations, marking a significant step in utilizing innovation to support the company’s business development.

The expansion of investment into Non-Lending Businesses reflects a strategic approach toward sustainable growth by creating new revenue channels, strengthening the business structure, and reducing the risk of relying solely on income from the core business.

In addition to operating for stable financial results, the company prioritizes good corporate governance and sustainable organizational development. In 2025, the company received a 5-star rating in the Corporate Governance Report of Thai Listed Companies (CGR) from the Thai Institute of Directors (IOD). This reflects our transparent management standards, accountability, and consideration for all stakeholders. Furthermore, the company emphasizes operating with transparency and without corruption, having established clear anti-corruption policies and practices. We encourage directors, executives, and employees at all levels to strictly comply with these standards. Notably, in 2025, the company was approved for its third consecutive renewal of certification as a member of the Thai Private Sector Collective Action Against Corruption (CAC), reflecting our unwavering commitment to conducting business with integrity, ethics, and good governance.

For the operational direction in 2026, the company will focus on strengthening its business by developing and expanding financial products, including new lending formats tailored to the needs of customers in the business and agricultural sectors. We will also improve loan service processes to be more agile and efficient, increasing opportunities for customers to access capital under prudent risk management. Simultaneously, the company will continue to seek new high-potential business opportunities to support long-term growth, adhering to good corporate governance principles to create sustainable value for shareholders and all stakeholders.

On behalf of the Board of Directors, management, and all employees, I would like to express our gratitude to our shareholders, customers, business partners, and all stakeholders for your continued trust and support. The company remains committed to continuously developing the organization to ensure stable, transparent, and sustainable growth in the future.