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Tycoons Worldwide Group (Thailand) Plc.

1. Policy and business operating overview

1.1 General operating policy

Tycoons Worldwide Group (Thailand) Public Co., Ltd. (hereinafter called “TYCN”) was
established on September 9, TYCN converted to a public company on July 9, 2003, and became a
listed company on December 11, 2003. TYCN’s principal business is to produce and sell wire rod,
reinforcing bars (including deformed bars and round bars), annealed wire, screws, bolts and thread
rod internationally and in Thailand.
TYCN is the producer who has midstream to downstream vertically integrated plant. The
capacity per year for wire rod, annealed wire, screws and bolts are 360,000 tons, 108,000 tons, 18,000
tons, and 60,000 tons respectively. All of TYCN’s productions are done by its plants in Rayong,
Thailand.
Vertical integration, focus on cost down, catch customer requirements for products indeed,
and constantly innovative ideas, raise the bar for ourselves.

1.1.1 Operational visions and Operational Missions

Operational visions

- Follow vertical integration policy to expand into upstream industry and to strengthen
production and operation management cooperation among related companies.

- Keep promoting TYCN’s reputation and maintain the leadership in production, sale, and

service of wire rods, steel wire and reinforcing bars in Thailand.

- The Company has gained wide acceptance and reputation in the steel manufacturing
business in the international market for producing, selling and servicing screws, bolts and
thread rods

- Be a sustainable enterprise which takes responsibility for local environment, community,
society and corporate governance.

Operational Missions

- Keep raising product quality, improving efficiency, and lowering production
cost. Produce and sell price-competitive steel products which meets customers’
demand.

- Obey environmental policy, well utilize resources, minimize pollutions, and properly
dispose waste in accordance with environmental regulations.

- Care for social responsibility and make both TYCN and the community everlasting.

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