Dr. Siri Jirapongphan Chairman Dear shareholders, The volatility and uncertainty in both the global economy and international conflicts in the year 2023 are continuations of ongoing issues from previous years, exacerbated by factors such as the instability in financial institutions in the United States and Europe, as well as the recent conflict between Israel and Hamas. Additionally, the pronounced economic stagnation in China has had significant impacts on global businesses, all of which have had considerable effects on the Thai economy as well. In addressing these challenges, IRPC Public Company Limited had undertaken measures to enhance management agility to effectively navigate through rapidly evolving situations. With prudent decision-making and financial discipline as our guiding principles, the company initiated a comprehensive review and prioritization to rebalance its investment portfolio. Our focus has shifted toward accelerating expansion in core businesses, emphasizing our expertise and concentrating on products with significant potential. Additionally, strategic partnerships have been forged to explore new ventures. Simultaneously, IRPC has dedicated efforts to fortify the foundation for digital technology, reshaping the workforce to align with the redefined strategic direction. With unwavering confidence, we are committed to propelling our business with sustainable growth. Throughout 2023, the Board of Directors diligently fulfilled its duties in alignment with the roles and responsibilities outlined by the charter and sustainability management framework. This commitment was made with a paramount focus on the best interests of the company, shareholders, and all stakeholders. The Board proactively enhanced internal control, risk management, and organizational development under the guidance of robust corporate governance principles. This strategic approach aims to ensure the company’s operations are conducted with integrity, transparency, and fairness, fostering a professional mindset among its workforce. These initiatives collectively contribute to business resilience, fortifying the corporate immune system. The corporate culture and sustainability management framework are not confined to IRPC but are embraced by subsidiary companies within the IRPC Group and its suppliers. Notably, IRPC has achieved inclusion in the Dow Jones Sustainability Index for the 10th consecutive year and has been honored with the “Sustainability Awards of Honor” for the 5th consecutive year. The company has consistently received an Excellent CG Scoring in the Corporate Governance Report of Thai Listed Company (CGR) for 15 years, alongside recognition as a “Model Human Rights Organization” for the fifth consecutive year and the prestigious “Transparent Organization” Award from the Office of the National AntiCorruption Commission. On behalf of the Board of Directors, I extend heartfelt appreciation to our shareholders and stakeholders for their unwavering confidence and steadfast support in the company’s operations. Our gratitude also extends to the management team and all colleagues, whose dedication and diligence have played a pivotal role in building stability and contributing to the sustainable growth over the years. 21 56-1 ONE REPORT 2023 Message from the Chairman
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