Dear Friends and Family of Thai Wah,

As I reflect on the past year, I feel a deep sense of pride and gratitude for the progress Thai Wah has made in advancing its sustainability journey. For over 78 years, we have believed that long-term business success must go hand in hand with the well-being of people and the planet. This principle continues to guide our Company as we respond to a rapidly changing world shaped by climate change, geopolitical uncertainty, and increasing pressure on natural resources.

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Mr. Ho Kwon Ping Chairman of the Board
Dear Friends and Family of Thai Wah,

2025 was a year of meaningful progress for Thai Wah. Amid a dynamic global environment, we delivered strong profitability and achieved significant milestones across our sustainability and innovation practices. As we face critical challenges in climate change, raw material and energy mix, we remain focused on advancing our sustainability agenda. We are grateful to our associates, partners, and stakeholders whose resilience, dedication, and support enabled us to continue building a stronger and more sustainable Thai Wah.

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Mr. Ho Ren Hua Chief Executive Officer