My name is Tae Hyung Kang. I have been appointed as the President of Posco-Thainox Public Company Limited on January 6, 2025. I am honored and very happy to work here for a second term after 8 years ago (2017) when I held the position of Production Division Leader. Currently, I am the 6th president since POSCO (Korea) invested in Thailand in 2011.

Overall, the Thai economy in 2024 is expected to expand by 2.6 percent. Thailand's inflation rate is expected to be at 0.5 percent and the current account balance will be in surplus at 2.5 percent of GDP. Thailand must also drive exports to expand continuously while preparing to deal with trade protectionist measures, including protecting the production sector from dumping and the use of unfair trade policies.

For 2024, Posco-Thainox public company limited (the Company) can return to profit after the company suffered a loss in 2023 amid difficulties in competing both domestically and abroad.

I believe that walking alone is fast,

but walking together can go further.

Therefore, I would like to thank all employees, customers, partners and shareholders who support the company's business. It has always been very good.

I am committed to develop the company by adhering to the principles of sustainable business operations. I consider the long-term impacts on the economy, society, and the environment. I focus on increasing efficiency in production technology to support premium products and reduce production costs by maintaining machinery.

On behalf of POSCO-Thainox public company limited, I would like to thank all shareholders, customers, and business partners who have always supported the company until we are able to walk to the current success at full capacity. Also, I would like to thank the Board of Directors, executives as well as all employees who have dedicated their efforts to the company to meet the goal.