Message from Chairman

The Company has been successful to change its business model from being an industrial estate developer for all global manufacturers to a leading Smart City developer. The Smart City will provide a perfect investment area for the new innovation, createthegrowthand additional economic value to both region and Thailand. This business model also responds to the changing of global trend.
Dear shareholders,

In the year 2022, the situation of the spreading of novel coronavirus (COVID-19) was better, but all sectors, both social and economical aspects, was still heavily impacted by the spreading of novel coronavirus (COVID-19) for another year. Both Thai and global economies were not immediately improved. As a result, the global economy is continuing to recover and does not achieve the expected target yet.

However, Amata Corporation Public Company Limited (the “Company”) and its subsidiaries have tried to conduct business during the spreading of COVID-19 for the second year and were able to maintain the operating result with the business growth in accordance with the Company’s strategy. The Company has been successful to change its business model from being an industrial estate developer for all global manufacturers to a leading Smart City developer. The Smart City will provide a perfect investment area for the new innovation, create the growth and additional economic value to both region and Thailand. This business model also responds to the changing of global trend.

Moreover, the Company is also known as a smart city developer in various countries, i.e., the Socialist Republic of Vietnam, and Lao People’s Democratic Republic, such as, operating the Amata Smart and Eco City Natuey Project, and obtaining a concession from the Lao Government to invest in Amata Smart and Eco City Namor in Oudomxai Province, Lao PDR. The Company is regarded as one to the top industrial estate developers in those countries.

The Company’s Board of Directors also puts the priority on the good corporate governance, and responsibility to community, environment, and stakeholders. The Board realizes that the Company and its subsidiaries’ businesses must respond to local communities and environment. The Company’s business philosophy “ALL WIN” as well as the sustainable development are integrated into our business plan. The Company realizes the importance of environmental saving, thus, the Company declared the “Save Earth, Safe Us” campaign. The Company encourages all staff to consider the environmental problems. The Company also has a plan to communicate this campaign to its customers, partners, and local communities.

Although there was the spreading of COVID-19 in 2022, the Company was able to operate under crisis, and operate business under good corporate governance. This was confirmed by the Best Sustainability Awards 2021 (Sustainability Excellence), SET Awards 202 for the second consecutive year. If the Company receives this award for 3 consecutive years, the Company will receive an honorary award or Sustainability Awards of Honor. The Company’s stocks was also recognized as 2022 Thailand Sustainability Investment (THSI) for the fifth consecutive year. The Company was awarded the 2022 Sustainability Disclosure Award (Honorary Award) from Thaipat Institute for the third consecutive year.

The Company was confirmed that it has always operated under good corporate governance. In 2021, the Company is ranked as the listed company with “Excellent” corporate governance 5 stars for the fifth year, consecutively (2018, 2019, 2020, 2021 and 2022). The Company also scored “Excellent” in 2022 annual general meeting quality evaluation program. The Company can manage to have the effective annual general meeting under the spreading of COVID-19. In 2022, we conducted the electornic annual general meeting for the first time. In order to prevent all forms of corruption, the Company has been certified as a part of Thailand’s Private Sector Collective Action against Corruption (CAC).

I, on behalf of the Board of Directors and Executives of the Company and its subsidiaries, would like to thank all business partners, shareholders, staff, customers and other stakeholders, who contribute to our success and sustainable growth, as well as financial institutes who trust in the Company and support the Company and its subsidiaries’ operation.

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Mr. Vikrom Kromadit
Chairman