Dear Shareholders

In 2024, Thailand’s economy is expected to expand by 2.5% in 2024, accelerating from 2.0% in 2023, driven by the recovery in the tourism sector, public consumption and public investment. While private investment is expected to contract by 1.6%, private consumption will continue to grow at 4.4%, and public investment is expected to grow by 4.8%. Additionally, Thailand’s current account surplus has reached 2.3% of GDP, compared to 1.5% in 2023. Furthermore, the headline inflation is projected to decrease to 0.4%, compared to 1.2% in 2023.

Thailand’s economy is expected to grow by 2.8% in 2025 supported by continued recovery in the tourism sector as well as public and private investments, which are expected to grow by 4.7% and 3.2%, respectively. Public and private consumption are expected to grow by 1.3% and 3.3%, respectively. The average headline inflation is expected to rise to 1.0 percent.

To accomplish the common goal for the Board of Directors, the Executive Board, executives, and all employees in delivery of stable and sustainable growth, the Company therefore determines to conduct business under good governance and risk management with considerations, responsibility, and responding to all stakeholders suitably together with social responsibility and reduction of environmental impacts. The Company has constantly conducted several social and environmental activities under the guideline of “Develop Quality People and Promote Moral Society”, abided accordingly by the company for a long time. Emphasizing “Develop Quality People” on both internal and external resources and encourages its employees to continually learn and improve their competency. For “Promote Moral Society”, the Company encourages its employee to initiate value creations to society by stimulating mindset of volunteering, helping, sharing, and passing merit to society. Due to the continual monitor and development of the Company’s Corporate Governance Practices, the Company scored “Excellent” or “5 Stars” in the 2024 Corporate Governance Report surveyed by Thai Institute of Directors Association (IOD).

On behalf of Samart Digital Public Company Limited, the Board of Directors would like to express our sincere gratitude to all shareholders, customers, business partners, executives, employees and all stakeholders for their support and trust. This is the driving force behind the Company’s business. In return for every trust, the Board of Directors, executives and employees will commit with full capabilities in delivery of products and services that focus on creating technological innovation and value for customers to meet various customer needs as well as support to promote good relations with customers and business partners for sustainable mutual growth. The Board of Directors will oversee business operations in accordance with the Company’s strategy and policy with regard to all stakeholders under the principles of good corporate governance together with participation in social and environmental responsibility for sustainable growth of business.