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During 2025 through early 2026, the global economy and the Thai economy continued to face challenges arising from an uneven recovery, compounded by geopolitical uncertainties, ongoing conflicts and wars in multiple regions, as well as risks to financial and political stability. At the same time, Southeast Asia has been confronted with cross-border cybercrime and organized online scam networks, which have adversely affected confidence in the digital economy, data security, and business continuity. Such an environment underscores the need for the business sector to manage risks prudently while undertaking strategic adjustments amid rapid and increasingly complex changes.
Amid such crises and volatility, the technology industry has remained one of the key driving forces of the global economy, particularly through the adoption of AI, automation, cloud, cybersecurity, and data analytics, which play a vital role in enhancing operational efficiency and organizational competitiveness. Nevertheless, technological growth must be pursued in parallel with appropriate governance, personal data protection, and systematic cyber risk management.
Recognizing the opportunities and the critical role of technology amid these transformative trends, TBN Corporation Public Company Limited (the “Company” or “TBN”) remains committed to conducting its business in line with its vision to be a leading provider of innovation-driven digital solutions for organizations across Southeast Asia. Building on its expertise in low-code and high-code development, cybersecurity, cloud, and AI-driven solutions, together with technology consulting services, the Company supports its customers in enhancing efficiency, reducing costs, and strengthening operational agility, while striving to generate stable and sustainable long-term revenue.
With respect to Corporate Governance and Sustainability (Corporate Governance & Environmental, Social and Governance: CG & ESG), the Board of Directors places the utmost importance on conducting business based on transparency, accountability, and comprehensive risk management.
The Company has continuously developed and enhanced its governance practices, alongside initiatives in environmental stewardship, social responsibility, and human capital development, to align with international standards and the expectations of stakeholders. The Company’s achievements in CG & ESG reflect its strong commitment to fostering quality growth, building long-term confidence, and strengthening sustainable competitiveness.
Finally, on behalf of the Board of Directors, we would like to express our sincere appreciation to our shareholders, customers, business partners, employees, and all stakeholders for their continued trust and support. The Board of Directors and management remain committed to performing their duties with prudence, transparency, and social responsibility to drive the Company’s stable and sustainable growth, while delivering long-term value to shareholders and society.
Mr. Soontorn Dentham
Chairman of the Board
Amid the challenges of the global economic and geopolitical environment in 2025, which continues to be marked by high volatility and uncertainty arising from international conflicts, interest rate trends, and rapidly changing financing costs, thereby affecting the overall investment climate and business operations. TBN Corporation Public Company Limited (the “Company” or “TBN”) continues to conduct its business with prudence, flexibility, and financial discipline. At the same time, the Company actively seeks new opportunities amid such challenges, particularly by leveraging artificial intelligence (AI) as a key mechanism to enhance efficiency, create commercial value, and sustainably strengthen the competitiveness of its customers and the organization.
A Leader in Digital Solutions Innovation with Regional Expertise
TBN positions itself as more than a conventional information technology service provider, aspiring to be a Digital Solution Provider that supports large enterprises in undertaking end-to-end Digital Transformation. The Company’s core strength lies in its expertise in Mendix Low-code technology, integrated with High-code development capabilities, enabling the rapid delivery of highly complex systems with quality, efficiency, and cost-effectiveness.
In addition, the Company differentiates itself from conventional system integrators (SI) through a consulting-driven approach and a team of more than 150 highly skilled professionals. This enables TBN to effectively drive customers’ projects toward the achievement of their business objectives in a sustainable manner.
Business-led Sales: Advancing Toward Proprietary Solutions
One of TBN’s notable achievements in 2025 was the development of an End-to-End Lending Platform for the Banking, Financial Services, and Insurance (BFSI) sector, encompassing core operational processes from origination through post-disbursement. The platform comprises four key modules:
The strategic shift from a “Technology-led” approach to “Business-led Sales” has enabled the Company to directly address customers’ business challenges and needs. As a result, the sales cycle has been shortened, the business model has become more scalable, and the Company’s ability to deliver solutions in a systematic and efficient manner has been enhanced.
Commitment to Sustainability and Good Corporate Governance
The Company’s commitment to conducting business in accordance with sustainability principles (Environmental, Social, and Governance: ESG) and good corporate governance resulted in TBN receiving continued recognition across various levels in 2025.
These achievements reflect the Company’s strong commitment to conducting business with transparency, integrity, and due regard for all stakeholders across all dimensions.
Investment Direction and Business Plan for 2026
For 2026, the Company is prepared to drive growth through strategic investments focused on delivering long-term value. These include the development of proprietary solutions, the pursuit of opportunities through mergers and acquisitions (M&A) or joint ventures (JV), as well as participation in the JUMP+ program to enhance competitiveness, strengthen the business structure, and foster sustainable long-term growth.
Words of Appreciation and Commitment to the Future
On behalf of TBN’s management team, we would like to express our sincere appreciation to our shareholders, customers, business partners, employees, and all stakeholders for their vital support in driving the Company forward. The Company remains firmly committed to responsibly developing digital innovations, while continuously delivering sustainable value to society and all stakeholder groups.
Mr. Panayu Sirikrachangsri
Chief Executive Officer
