“To be a regional leader in energy business with service innovation excellence in response to every consumer need”

DEAR SHAREHOLDERS,

The 2021 has still been regarded as another year of the existing COVID-19 pandemic impact on the global situations. The continual impact on WP Energy Public Company Limited from the said unavoidable situation has resulted in the 2021 turnover not meet the setting plan of the Company, the non-recovery of the domestic situation, and the existence of low GDP level. However, the Company has still been profitable in last year and enable to continuously pay dividend in return to the shareholders for the second year at payout ratio of 0.15 Baht/Share for the operating results in 2021 even though the existing year round impact from the said situation in the previous year.

Throughout the past period, the Company has adhered to the business operation policy with integrity, transparency, and commitment to achieve the goals under the vision “as a regional leader in energy business with service innovation excellence in response to every consumer need.” In this 2022, the Company has still continued such policy and prepared to move forward to be the business leader with its integrated business strategies which incorporate upstream, midstream, and downstream businesses, as well as other alternative energies, together with seeking for new businesses for expansion of revenue and profit base. However, the Board of Directors and executives are confident of WP Energy’s business ability of the long-term steady growth and grateful to all shareholders, business partners, and related parties for the constant strong supports.

As the Chairman of the Board, I would like to deliver my gratitude to all shareholders, investors, supporting customers, business allies, employees, and related parties that have well and consistently trusted and supported the Company.

(Mr. Chulchit Bunyaketu)

Chairman of the Board of Director
WP Energy Public Company Limited