Farmer Development

Agriculture is the vital foundation driving both the Thai economy and the global food industry, ensuring food security and serving as a primary source of income for a large population in Southeast Asia. Under the vision "Creating Innovation and Sustainability from Farm to Shelf," the Company recognizes raw material security as the core of sustainable business operations.

The agricultural sector is increasingly challenged by climate-induced crises—including El Niño, drought, and unpredictable flooding—alongside the severe outbreak of Cassava Mosaic Disease (CMD), which has reduced domestic yields, increased raw material costs, and heightened the risk of substitution by lower priced alternatives such as corn starch in international markets.

Sustainable Agricultural Sourcing and Supply Management

To ensure a stable, sufficient, and reliable supply of raw materials, Thai Wah has established a Responsible and Sustainable Agricultural Raw Material Sourcing Policy and Guidelines, emphasizing the procurement of high-quality raw materials from sustainable farming areas and the ability to trace raw material origins. The Company manages strategic sourcing risks by diversifying procurement locations across Thailand, Vietnam, and Cambodia, reducing exposure to cost volatility and potential disruptions from natural disasters.

Biodiversity & Zero Deforestation

Thai Wah believes that biodiversity is the foundation of a food system that is both sustainable and resilient to climate change. We integrate nature conservation practices in alignment with global and national frameworks, such as the Kunming-Montreal Global Biodiversity Framework (KM-GBF) and Thailand’s National Biodiversity Strategies and Action Plans (NBSAP), while supporting the national goal of conserving 30% of natural areas by 2030.

Within the cassava value chain, Thai Wah has set a target for Zero Deforestation by 2025 and aims to achieve a Net Positive Impact on biodiversity by 2030. These goals are driven by scaling regenerative agriculture, restoring soil health, reducing chemical usage, and ensuring responsible water resource management.

The Company conducts nature-related risk assessments using international tools such as the WWF Risk Filter in accordance with the TNFD LEAP framework. This is performed alongside raw material traceability, supplier oversight, and the environmental and social empowerment of farmers and local communities.

Thai Wah is committed to collaborating with government agencies, local and international organizations, and communities to collectively preserve ecosystems, respect the rights of all stakeholders, and maintain transparent disclosure. Our goal is to ensure that nature, farmers, and business grow together sustainably.

Farm Sustainability Assessment

The Company places strong emphasis on continuously improving the quality of life of farmers throughout its value chain by building a foundation of stability and sustainability for farming families. Amid challenges facing the agricultural sector, including climate variability and plant disease outbreaks, the Company operates under a sustainable agriculture approach while promoting international standards through the Farm Sustainability Assessment (FSA) Gold Level certification. The Company is the first in the world to receive this certification for cassava.

In 2025, the Company continued to support farmers in reducing costs and improving production efficiency through the X20 clean stem innovation project, which helps reduce cultivation costs by up to THB 500 per rai. In parallel, the Company introduced the TW8 biological innovation to restore soil health and increase crop yields by up to 20%, creating greater opportunities for farmers to achieve higher and more stable incomes.

In addition, the Company places importance on strengthening farmers’ capabilities and knowledge by promoting responsible farming practices under the principles of Regenerative Agriculture, while adhering to a Fair Price purchasing policy. These efforts aim to support income stability and improve farmers’ quality of life across economic, social, and health dimensions.

Furthermore, the Company promotes the cultivation of high-value crops, such as waxy cassava, to enhance income opportunities and strengthen the long-term competitiveness of farmers throughout the value chain. At the same time, the Company supports farming communities in adapting, growing, and advancing sustainably alongside the organization over the long term.

X20 Clean Stem Multiplication

Over the past several years, the cassava industry has faced the rapid spread of Cassava Mosaic Disease (CMD), a disease that is difficult to control and directly affects both the quantity and quality of crop yields. To address this challenge, Thai Wah has initiated a greenhouse allocation project to propagate disease-free cassava stems and distribute them to farmers. The Company has also established dedicated field teams and agricultural specialists to provide close technical guidance and support to farmers, helping strengthen cassava plantations and improve their ability to effectively manage disease outbreaks.

The Greenhouse Farming Project for Urgent Propagation of Cassava Stems is a collaboration between the Company and the Thai Tapioca Development Institute (TTDI). The project has significantly enhanced the Company’s cassava stem propagation capacity, increasing propagation rates from 4–5 stems to 20 stems per propagation cycle. Currently, the Company operates a total of 12 greenhouses located across strategic areas in Thailand and Cambodia, comprising 10 facilities in Thailand and 2 in Cambodia.

The establishment of greenhouses near factory locations enables farmers within the Company’s network to conveniently access high-quality planting materials and disease-resistant cassava varieties. This initiative also helps strengthen supply chain stability while reducing production costs for farmers by up to THB 500 per rai.

In 2025, the Company distributed a total of 576,640 cassava stems, covering more than 360 rai of cultivation areas across four key strategic provinces: Udon Thani, Kalasin, Rayong, and Tak. The distributed stems included 474,640 disease-free cassava stems and 102,000 stems with resistance to Cassava Mosaic Disease (CMD). These efforts help establish a biological defense mechanism and reduce the risk of crop losses for farmers in a sustainable manner.

Thai Wah Thank You Farmer Day

Thai Wah’s “Farmer Appreciation Day” initiative was established on the belief that farmers are the foundation and the most essential partners in the Company’s supply chain. Strengthening farmers’ economic resilience and improving their quality of life is therefore viewed as a core driver of long-term sustainable business growth. Thai Wah has continued this initiative to express gratitude to cassava-growing communities and to share the benefits of business success, while also promoting environmentally and socially responsible agricultural practices that contribute to a healthy and sustainable farming ecosystem.

In 2025, Thai Wah reaffirmed this commitment by organizing the eighth consecutive Farmer Appreciation Day in Tha Khantho District, Kalasin Province. The Company distributed more than THB 2.9 million in dividends to 846 participating farmers, demonstrating the tangible outcomes of Creating Shared Value (CSV) between the Company and local communities. A notable achievement from this year’s program was a 12% increase in average household income among participating farmer families compared to the previous year. This improvement reflects the effectiveness of capacity building efforts and the provision of essential production support that enable farmers to grow and advance sustainably alongside the Company.

Utilizing Technology to Enhance Agricultural Efficiency

Thailand is committed to developing and integrating agricultural technology into operations to enhance planning and cultivation efficiency. We have integrated technology to promote precision agriculture, particularly by applying satellite imagery and artificial intelligence (AI) in the agricultural sector. These innovations transform agricultural management approaches to be more efficient and help improve crop yields.

The satellite imagery analysis system allows farmers to plan their cultivation accurately, including predicting planting cycles, assessing yields, and analyzing water usage in agricultural areas through the processing of current and historical data. Comprehensive spatial data analysis with AI and machine learning identifies important agricultural patterns and trends, such as weather conditions, water levels, and soil quality. This helps farmers make more efficient agricultural decisions, such as determining the optimal planting and harvesting times, reducing unnecessary resource use, including water, fertilizers, and agricultural chemicals, and using integrated pest management and organic fertilizers by recommending appropriate amounts for each planting period to minimize environmental and ecosystem impacts. This results in higher quality and quantity of produce, leading to higher selling prices.

Collaboration with Government and Business Partners in Agricultural Development

The journey to achieve the objective of improving farmers' quality of life and promoting agriculture in the region cannot be done alone. Therefore, collaboration with partners who share the same goals is crucial and allows all parties to reach their objectives more thoughtfully and swiftly. This collaborative approach emphasizes our commitment to food security and enhancing the resilience and adaptability of the regional food system.

Thai Wah has partnered with both government and private sector partners to promote agricultural cooperation through various initiatives that support sustainable farming, improve productivity, and enhance farmers' quality of life. Government agencies, such as local administrative organizations under the Ministry of Interior, the Department of Agriculture, and the Department of Agricultural Extension under the Ministry of Agriculture and Cooperatives, have a deep understanding of the Thai agricultural sector and can effectively reach the target communities and farmers.