Mr. Weidt Nuchjalearn

Chairman of the Board

Mr. Nattaphol Vimolchalao

Chief Executive Officer

In the year 2021, the business operations continued to face volatility and new risks, particularly from international trade war, the Covid-19 pandemic, and rapid increase in inflation in many countries. At thesame time, technological advancement in the digital age plays an important role in business transformation. Every company has to adapt and develop its strengths in order to maintain an edge in the industry, including outsourcing of non-core business support.

The Board of Directors of Siamrajathanee Public Company Limited has a business strategy for personnel outsourcing and management service business to keep up with the rapidly changing world. It draws on strengths of more than 40 years of customer service experience and has an information technology system that supports both operations of the Company and the needs of customers, leading to further investments in new technologies and business partnership to develop into new business and processes and increase opportunities for the Company to grow further in the future.

In the year 2021, the Company's revenues and net profit were Baht 2,086.1 million and Baht 168.26million respectively, a 20.6% increase from the previous year. This was due to better cost management that has increased profit per contract, the lean project continuously operated by the Company, and the use of technology to support customer services. These make it possible to reduce time and maintain the level of administrative expenses, while increasing sales and customers and being more responsive to customer needs, and a professional experience and flexibility to changes in the business.

The Company has made significant developments during the past year, such as being listed on the stock exchange. As a result, the Company is financially strong and has become more well known. Many companies have approached the Company for an opportunity for business partnership, ranging from start-ups to large international companies. In addition, the Company has restructured the organization to support the strategy by setting up a department that handles cooperation on business and technology, which is separate from the current business units to develop and invest in potential business and technology in the future to prepare for transformation into the world of digital disruption.

On behalf of the Board of Directors, we would like to express our gratitude to shareholders, employees, customers, and related parties. We assure that the Company will adhere to the principles of good corporate governance to steadily grow. The Company will be socially responsible and cooperate with partners to increase service efficiency and create mutual success.