Message from Chairman

The year 2025 is another year in which the world is simultaneously facing structural changes in multiple dimensions, including economy, politics, technology, and environment. The volatility of global geopolitical situations, changes in international trade policies and tax measures, new forms of trade protectionism, and the establishment of international environmental regulations have all contributed to a more uncertain and complex global economic system. Concurrently, the rapid advancement of Artificial Intelligence (AI) technology has played a widespread role in decision-making processes, business operations, and social communication. While creating new opportunities, it also presents challenges related to ethics, data reliability, and governance that require greater prudence.

Within the context of this transitioning world, the business sector cannot merely consider impacts at the national or specific industry level. Instead, it must recognize the interconnected systemic risks throughout the global supply chain, especially in the agro-industrial sector, which relies on natural resources, agricultural raw materials, and the stability of the global trading system. The continuously intensifying climate change, along with frequent and unpredictable disasters, has become a critical factor affecting long-term global economic, social, and food security. Based on the assessment of risks and opportunities in the current global context, the Company has adjusted its strategic plan to drive the organization's ethanol business, starch factory business, and restaurant investment business, enabling the organization to operate amidst the evolving global rules in all dimensions.

In the past year, Ubon Bio Ethanol Public Company Limited and its subsidiaries ("The Company") has set long-term goals to reduce the organization's greenhouse gas emissions in line with national policies. The Board places importance on governing policies and directions for applying appropriate technology and innovation to concretely manage environmental impacts and prepare the organization for the transition to a low-carbon economy, which has become a crucial standard and condition for global trade and investment, and to operate towards Carbon Neutrality by reducing carbon dioxide (CO ) into the atmosphere across all operational processes, ensuring that the organization's growth creates long-term value without negatively impacting stakeholders throughout the supply chain.

Nevertheless, despite facing challenging environments, the Company has collectively driven and elevated its operational standards under the principles of good governance, transparency, and environmental and social responsibility. As a result, the Company has gained national and international recognition, such as being the first company in Thailand's ethanol industry to receive ISO 14064-1:2018 certification, achieving a 5-star rating or "Excellent" in Corporate Governance Scoring for the third consecutive year, and having its SET ESG Ratings upgraded to AA. This reflects the concrete integration of ESG principles into its strategies and business operations, with measurable results.