Page 4 - 56-1 One Report 2022 EN
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MESSAGE FROM

                     THE CHAIRMAN OF THE BOARD


                                         OF DIRECTORS






















            Dear Shareholders,





             In 2022, COVID-19 became less of a disruption in our lives; businesses were taking their journey to recovery
             and returning to normality. Thailand's space industry is no exception and is heading its way toward rapid
             growth because of the emerging new space economy. The government has put the focus on this
             fast-growing market, as it will draw huge investments and provide new development opportunities for the
             space sector as well as for related businesses.



            In supporting Thailand’s space industry, the       Therefore, this is a decent moment for Thaicom to
            government has identified space development as      reposition itself as a regional space tech company
            one of the key strategies under the National Space   rather than only a satellite operator. We intend to
            Master Plan 2023-2037. The plan will lead the      grow our core satellite business while also focusing
            development of a space economy for national        on new space-related business. Thaicom will
            security, prosperity, and sustainability in order to   leverage its space technology expertise, as well as
            drive the space industry towards new space         opportunities from  the  emerging new  space
            economy and create the utmost benefits for the      economy and the National Space Master Plan and
            country.                                           Policy, to create innovative solutions and services
                                                               that meet the needs of customers in a variety of
            In addition, significant development has been       industries, including agriculture, tourism, the
            made in our country's satellite industry. The      environment, and natural resources.
            National Broadcasting and Telecommunications
            Commission (NBTC) successfully held Thailand's     Concurrently,  Thaicom  remains  committed to
            first auction for satellite orbital slot packages.   conducting  its  business  under  the  concepts  of
            Thaicom is pleased to announce that Space Tech     "Company    for  Today"   and  "Company    for
            Innovation Ltd. (STI), our wholly-owned subsidiary,   Tomorrow." We follow the guideline "Company for
            has won two packages in the NBTC orbital slot      Today" in order to achieve positive and profitable
            auction. This acquisition will ignite our upcoming  results every quarter while ensuring a steady cash
            Dear Shareholders,                                 flow. Furthermore, we continue to invest in
            satellite project. The new satellite will serve as an
            important infrastructure for the growth of our     research and development (R&D) to drive
            business, as well as support our commitment to     long-term and sustainable growth for "Company
            providing end-to-end satellite solutions that deliver   for Tomorrow." The concept is also applied to our
            broadband and broadcast services to meet the       human resource development as an "Ambidextrous
            needs of our customers in Thailand and the         Organization," which encourages employees to
            Asia-Pacific region.                                have multidimensional knowledge in order to drive




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