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Tycoons Worldwide Group (Thailand) Plc.

If there is any profit after the final accounts of such financial year, the company may
allocate the profits in the following orders, provided that the company shall first apply such profits
to pay off its tax payment then compensate for its accumulated losses:
(1) Set five percent of the remaining profits as reserve fund.
(2) Upon properly reserving the fund for reserve fund, set one percent of the remainder
of the profits as directors’ bonus.
(3) Upon properly reserving the fund for reserve fund, the employees’ bonus shall be set
in the range between two to five percent of the remainder of the profits.
(4) After the funds for items 1 to 3 are properly reserved, at least forty percent of the
remainder of the profits plus the accumulated and undivided profits of previous year shall be set
as dividends (deducting the distributed interim dividends). The dividends to be distributed in
the form of cash shall not be less than fifty percent of the distributable dividends. No distribution
shall be allowed if divided per share is less than THB 0.2.
1. The dividend was paid: the company omitted annual dividend for 2021, 2022 and
2023.
2. The payment rate compared to the net profit: the company omitted annual dividend.
In 2021, 2022 and 2023 the company had a resulted loss and therefore omitted
annual dividend payment.

2. Risk Management

2.1 Risk Management

The Board of Directors has adopted a risk management system for all material and
controllable risk and included the reporting and evaluating system in response the current situation.
In 2024, the Board of Directors has considered political risk, which now does not affect the company
directly. As for economic risk in exchange rate, the company has employed forward contract to
minimize the risk. All managements are responsible for risk management. In assessing the risk, the
chance of occurring and the impact it might create was examined, then prevention measures were
proposed. The Company’s internal audit has been performed audit in relation to risk and then
reported to the committee, so that the committee could report to the Board of Directors in time.

2.2 Risk factors

2.2.1 Sales risks

1. Global economic situation

Steel consumption is closely related to economic growth because economic growth influences
industries that consume steel such as construction, automobile, and endurable goods. In the early
stage of the outbreak of the new coronavirus (COVID-19) disease in 2020, the global economic
recession and weak steel demand, and then in the post-epidemic era of 2021, as European
countries and United States launched infrastructure plans to revitalize the economy, steel demand
began to rise sharply. According to IMF estimates, the global economic growth rate in 2025 is 3.2%,
Same as in 2024 There are lots of uncertainties around the world such as geopolitical conflicts
(Ukraine-Russia, Taiwan Strait, Korean Peninsula, etc.), Brexit, Trump 2.0, trading protectionism.

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