Amidst global economic fluctuations, climate change, trade and environmental regulations, and rising stakeholder expectations, North East Rubber Public company Limited believes that sustainability is a fundamental cornerstone of strategic planning, risk management, and long-term competitiveness. Consequently, the company drives its business operations under the "4Ds" strategy—consisting of Drive, Develop, Deploy, and Dedicate—to support NER's stable growth and create sustainable economic, social, and environmental value. In 2025, the "4Ds" strategy was integrated into all dimensions of operation, with key progress highlighted below:

• Drive: To drive sustainable economic value, the company has developed quality rubber products to respond to market trends and the expectations of customers who increasingly prioritize low-carbon products. In 2025, the company’s STR 20 block rubber product officially received Carbon Footprint of Products certification, featuring a life-cycle greenhouse gas emission value of 205 grams of carbon dioxide equivalent per kilogram. This is 29.31% lower than the reference value for STR 20 block rubber products in Thailand. Additionally, the company added value to natural rubber by developing a new type of finished product using recycled rubber based on the Circular Economy concept and product designs suitable for livestock applications in accordance with animal welfare standards. This initiative generated over 95 million THB in revenue from innovative products in 2025.
• Develop: To develop a transparent, fair and resilient rubber supply chain, the company is committed to supporting Thai farmers and the local economy by sourcing 100% of its natural rubber raw materials domestically, with 82.71% originating from farmers in the Northeastern region. Concurrently, the company promotes supply chain enhancement to ensure quality, transparency, and traceability. The company has continuously supported the capacity building of its raw material suppliers, resulting in a reduction in the proportion of contamination in raw rubber from 7% in 2024 to 3% in 2025. Meanwhile, 10,824 raw material suppliers successfully passed assessment criteria under the EUDR requirements, covering 120,880 rai of rubber plantation areas to accommodate global market regulations and expectations regarding raw material origins.
• Deploy: In deploying decarbonization and circularity, the company aims to become a carbon-neutral organization by 2030, emphasizing environmental impact mitigation, energy efficiency optimization, and efficient resource utilization. In 2025, the company increased its proportion of renewable energy and biomass energy usage relative to total energy consumption from 39.41% to 45.22%. This was achieved through solar power generation with a capacity of 5.987 Megawatt-peak (MWp), as well as the utilization of biomass and biogas to substitute Liquefied Petroleum Gas (LPG). Combined with electrical and thermal energy efficiency improvements within the manufacturing process, these efforts enabled the company to reduce greenhouse gas emissions by 4,187.87 tons of carbon dioxide equivalent. Furthermore, the company successfully recycled 100% of treated wastewater and rubber scrap back into the production process.
• Dedicate: In dedicating efforts to enhancing development, safety, inclusivity, and social well-being, the company prioritizes caring for stakeholders based on respect for human rights, aiming to create shared value with employees, customers, and local communities. In 2025, the company supported the employment of local citizens, including persons with disabilities at a higher ratio than legally required. All employees are Thai nationals, and 86.59% are domiciled in Buriram Province. Continuous employee care and development resulted in a voluntary turnover rate of 2.70%. Additionally, the company implemented community development and welfare projects, focusing particularly on vulnerable groups within a 10-kilometer radius around the operating sites. These projects support community health and well-being, educational access for youth, sustainable agriculture promotion, and the preservation of local culture and traditions.

Driven by a commitment to integrating sustainability into every dimension of business operations, the company has successfully developed products that meet market demands, strengthened supply chain stability and transparency, enhanced resource efficiency, and built trust among stakeholders. These achievements have supported the continuous growth of the company's business. In 2025, the company achieved a total revenue of 30,510.20 million THB and a net profit of 1,884.52 million THB, representing an increase of 10.96% and 14.38% from 2024, respectively. Furthermore, the company has received recognition from leading organizations, including a Silver Medal rating from EcoVadis, selection in the sustainable stock list with the highest "AAA" level in the SET ESG Ratings, and receiving the SET Sustainability Awards and Best Investor Relations Awards from the Stock Exchange of Thailand, as well as an "Excellent" Corporate Governance assessment rating.

On behalf of the Board of Directors, the executive team, and all employees, I would like to express my gratitude to all stakeholders for their trust and continuous support. NER remains committed to creating value for all stakeholder groups, particularly within the communities in which we coexist, as we firmly believe that sustainable business operations can only be truly achieved through the cooperation of all sectors.

“With a vision to be a leader in the natural rubber industry, I am confident that the company will grow sustainably and deliver rewarding returns to all shareholders, alongside creating continuous value for society.”