Ubon Bio Ethanol Public Company Limited or UBE announced the appointment of Mr. Suksan Wongchuwong as Chief Financial Officer: CFO, effective March 1, 2023 to strengthen its financial strategy and in line with the business concept of "UBEYOND". By maintaining stability and energy security while creating food security by developing the tapioca starch business into a food business that uses innovation for consumption to support the trend of modern consumer behavior that cares about good health, good heart and good environment.

Ms. Sureeyot Khowsurat, Chief Executive Officer and Managing Director of Ubon Bio Ethanol Public Company Limited or UBE, a Thailand’s leading manufacturer and distributor of processed cassava products, stated that the company is very pleased to announce the appointment of Mr. Suksan Wongchuwong as Chief Financial Officer to assist in the development of financial and investment strategies. This is coupled with the corporate sustainability strategy of "UBEYOND", which aims to create enhanced growth through innovation to become a food tech company, a leader in the healthy food business of the future. The company believes that with Mr. Suksan's knowledge, skills and experience in various fields, he will help to add strength and enable the company to move forward in a challenging year to achieve goals as planned".

Mr. Sukson Wongchuwong, CFO of UBE, said: "The highlight of UBE is not only to be a leader in energy products. But there is also a valuable product in the whole chain, namely tapioca starch and organic cassava flour, which responds to the global trend of demand for healthy food consumption, we saw an opportunity to drive the development of the healthy foods of the future. UBE has a strong financial position which gives it the potential to invest in new projects. This year is a challenging one in terms of external factors that financial strategies must support in order to make the strategic plan for the business operations according to the goals".

Mr. Suksan holds a Master's Degree in Business Administration Program from the International University of Japan with experience and expertise in finance. Prior to joining the Company, Mr. Suksan had more than 5 years of experience in the food business in leading seafood production and processing companies and aquatic feed production companies, including overseas financial institutions and the Stock Exchange of Thailand.

Recently, UBE announced operating results for 2022 with total revenue of 7,199.3 million baht and net profit of 329.2 million baht, aiming a growth target of 10% in 2023 with a strategy of developing the high value products, which includes further development of the coffee business that continues to grow. In addition, UBE has been ranked among the listed companies with good corporate governance at the 4-star level since the first year of assessment, reflects its potential and determination in conducting business based on the principles of good corporate governance, taking into account the interests of all stakeholders, this covers all dimensions in terms of the economy, society, and the environment, with the corporate governance as the basis. In term of domestic products “Tasuko”, it has also received continuous feedback from customers who are health-conscious and those who are allergic to gluten. Recently, the company has received the international delicious quality guarantee "2023 Superior Taste Award" in 4 products: 1) All Purpose 100% Organic Cassava Flour received 3 stars, 2) Cassava Flour : Batter Mix Spicy Flavor received 2 stars. 3) PANCAKE Cassava Flour Mix received 2 stars, and 4) Cassava Flour : Batter Mix Original Flavor received 1 star. The company is ready to promote research and development including the introduction of technological innovations to develop new products, along with the expansion of distribution channels to increase customer reach and continue to create exponential growth according to the "UBEYOND" concept.