Message from the CEO

The year 2019 is a challenging year for Forth Corporation Public

Company Limited and its affiliates, as the economic situation both in Thailand and foreign country is still slowdown from the impact of the trade war between China and America and also the change in consumer behavior that is currently following to use a new technology. The Company, therefore, reorganized the business group structure of the Company by changing from the previous 4 main business groups, namely EMS, Telecommunication business, Technology related business and retail service business to 3 main business groups instead, namely EMS, Enterprise Solutions Business (Combined between the telecommunications business and related technology business) and Smart Service Business. In addition, the Company has adjusted the Company’s vision and the business strategy of each business group for creating a competitive advantages that are suitable and up to date in various situations.

The Company operates business with government organization, private

and public organization, and also with retail customers. By 2020, EMS Business focuses on improving production processes and controlling production costs to be more efficient to increase the level of competitiveness and expand new business opportunities in the future. For Enterprise Solutions Business, the Company focuses on bidding the procurement projects of the government sector, state enterprise and also doing many projects of private organizations. The Company has procedures in selecting projects for bidding and good operation to support the growth of digital society in Thailand. Smart Service Business focuses on the development of automated kiosks and the increase of service points. (Kiosks’ location) even more, such as the Online Top-Up & payment kiosk, SIM Card vending machine, electronic-Know-Your-Customer (e-KYC) service kiosk, Vending machine, fresh roasted coffee machine and petrol machine and emphasizes on selecting the locations that are in line with the needs of customers or users in each area. Furthermore, the Company has developed the kiosks to be the financial services point by adding more financial services including lending services to provide convenience of accessing products and services to both existing and new customers.

The Company is still preparing in various fields to support long-term

growth both economic, social and environmental along with research and development of our Thai engineering team in creating new technology and innovation to keep up to date and respond to changes in the world now and in the future.

On this occasion, I would like to present my thanks to shareholders,

Board of Directors, employees, customers, suppliers, business partners, as well as all stakeholders who are important for the Company's success. The Company is committed to adhere to the principles of corporate governance, social care in conjunction with the operation of the company to grow steadily and sustainably.

Pongchai Amatanon

CEO of Forth

1053/1 Phaholyothin road, Phayathai, Phayathai, Bangkok 10400

© 2020 by Forth Corporation Public Company Limited