Report from the Executive Committee

Dear Shareholders of TVD Holdings Public Company Limited,

The executive committee is appointed by the board of directors to supervise, manage and control the company's business operations under the policy and business operation strategies as specified by the board of directors, including compliance with the executive committee charter, code of business ethics, and various laws related to business operations. In 2024, the Executive committee has 5 members as follows:

In 2024, the executive committee held 7 meetings to perform the duties assigned to them. In each meeting, the executive committee will jointly consider important matters and present them to the board of directors for their acknowledgment or approval as the case. In summary, the essence can be as follows

1. Report the Company's performance every quarter.

2. Present the Company's goals, business strategies, and annual plans to the Board of Directors, and be responsible for managing the Company's business in accordance with the policies, directions, and goals set.

3. Oversee the preparation of financial reports for auditors to review or audit, and provide opinions on such financial statements.

4. Consider transactions with related persons and acquisition or disposal of assets with caution, reasonableness in terms of price and other related conditions, taking into account the benefits of the Company and shareholders. Executive directors with vested interests will not participate in the decision-making process before presenting them to the Audit Committee and the Board of Directors, respectively. They also monitor the operations of each department and the Company as a whole on a monthly basis.

5. Support and encourage employees to continuously develop new innovations to create added value for products.

6. Consider and approve the Company's annual budget, investments, and financial and loan transactions that are of business significance before presenting them to the Board of Directors. For consideration and approval.

7. Supervise, promote and support the Board of Directors, executives and employees to have knowledge and understanding of the anti-corruption and corruption policies and the Company's regulations.

8. Review the Executive Board Charter to ensure that the guidelines for performing duties are appropriate and consistent with the current situation.

9. Arrange for the evaluation of the performance of the Executive Board as a group and individually 2024, with the overall evaluation results at the "Good" level and report the evaluation results to the Board of Directors for further development of work efficiency, and disclose the evaluation results in Form 56-1 One Report / Annual Report.

The Executive Board is committed to managing the business to achieve the organization's vision, mission, goals and business strategies, and to manage under the principles of good corporate governance, transparency, auditability and fairness, along with conducting business with responsibility towards society and the environment, including continuous support for the fight against corruption to enable the organization to grow and be stable.

On behalf of the Executive Board, I would like to thank shareholders, independent businessmen, customers, business partners, financial institutions, relevant government and private agencies and all employees for their trust and support. Please be assured that the Company will continue to be committed to operating the business for sustainable growth under the principles of ethics and good corporate governance to move forward steadily and sustainably.