2025 was a year defined by both resilience and recovery. Amid escalating global uncertainty from geopolitical conflicts to trade tensions and supply chain disruptions, our Company delivered a stronger performance compared to the previous year.  I am proud that we maintained stability and consistency in a challenging environment. Indonesia’s economy showed solid resilience, and our disciplined execution of strategy enabled us to navigate volatility while upholding our commitment to stakeholders.

Throughout the year, we focused on strengthening our business fundamentals through operational cost efficiency, product innovation, and maintaining quality standards. The Board of Directors led with discipline in planning, monitoring, and adjusting our strategic policies to ensure effective implementation. Our efforts to optimize cash flow, enhance internal controls, and reinforce Good Corporate Governance have laid a stronger foundation for sustainable growth.

Beyond financials, we remain deeply committed to the three principles of People, Profit, and Planet that I established as our core framework. In 2025, we advanced our ESG initiatives through Eco-Office practices, community support for flood-affected areas, and education grants to promote equal access to learning. We became the first hand former manufacturer to achieve Worldwide Responsible Accredited Production (WRAP) certification, reflecting our commitment to social governance and employee responsibility. Good Corporate Governance continues to guide every decision we make transparent, accountable, and aligned with long-term value creation. We will continue to drive efficiency, innovation, and collaboration to face future challenges with greater readiness and resilience.

January 2026

President Director, CEO

Ridwan Goh