Chairman’s Statement

2025 was another year that reflected the resilience and strength of Thai Eastern Group Holdings Public Company Limited in delivering steady growth amid global economic uncertainties, agricultural commodity price volatility and evolving international environmental regulations. The Company generated total revenue of 19,980 million THB, representing an 18% increase from the previous year, while maintaining profitability and continuing to strengthen its business operations under the Thai Eastern Symbiosis model, which integrates natural rubber, palm oil, renewable energy and organic waste management into a low-carbon value chain.

Natural rubber business remained the key growth driver, particularly through the expansion of EUDRcompliant block rubber sales, which reached 104,228 tons, increase of 104% from the previous year, accounting for 41% of total block rubber sales volume. This reflects the Company’s strong readiness to meet rising global market demand and increasingly stringent sustainability requirements. At the same time, the Company advanced the development of Carbon Neutral Block Rubber to support tyre manufacturers seeking lower-carbon supply chain solutions and to enhance long-term product value creation.

In the crude palm oil business, operational efficiency continued to improve through ongoing process optimization and machinery upgrades. Meanwhile, the renewable energy and organic waste management business recorded notable growth, driven by the successful expansion of biogas production capacity, which strengthened recurring income stability, enhanced energy security and created new business opportunities for future green growth.

The Company continues to place strong emphasis on good corporate governance, risk management and transparent business conduct, while progressively strengthening ESG standards to align with global market expectations and reinforce stakeholder confidence. At the same time, TEGH continues advancing toward a Low Carbon Economy through efficient resource utilization, low-carbon product development and collaborative engagement with farmers, communities and supply chain partners across its value chain.

ESG Highlights in 2025

- Achieved AAA rating in the SET ESG Ratings for another consecutive year, reflecting strong environmental, social and governance performance.

- Received two major recognitions at the SET Awards 2025: Best Sustainability Awards and Best Sustainable Supply Chain Award, reaffirming excellence in sustainable value chain management.

- Assigned a corporate credit rating of BBB- (Investment Grade), Stable Outlook by TRIS Rating, reflecting financial strength and stable growth potential. Gold Rating by EcoVadis, demonstrates strong performance in environment, labor and human rights, ethics and sustainable procurement.

- Elevated to CAC Change Agent 3Star Level by Thai Private Sector Collective Action Against Corruption, reflecting continued commitment to anti-corruption and strong governance practices.

- Ranked among the Fortune Southeast Asia 500, highlighting the Company’s regional competitiveness.

- Renewable energy and organic waste management business continued growing through biogas expansion projects, strengthening long-term Green Energy capacity.

- Continued generating revenue from carbon credits while increasing organic waste management volume and reducing industrial greenhouse gas emissions.

On behalf of the Board of Directors and management, I would like to express my sincere appreciation to our shareholders, investors, customers, business partners, employees and all stakeholders for their continued trust and support. We remain committed to good governance and will continue driving TEGH toward sustainable growth while balancing economic performance, social responsibility and environmental stewardship to create long-term sustainable value.