SVI-แบบ 56-1 One Report 2022

During the years, the Group had significant business transactions with persons or related parties. Such transactions, which are summarised below, arose in the ordinary course of business and were concluded on commercial terms and bases agreed upon between the Group, related persons and those related parties. The relationships between the Company and the related parties are summarised below. 6 Related party transactions Consolidated financial statements Transactions with subsidiaries (Eliminated from the consolidated financial statements) Sales of goods Sales of equipments Purchases of raw materials Raw materials sourcing fee Selling and distribution expenses Other income Interest income Transactions with associates Sales of goods and raw materials SVI A/S SVI Public (HK) Limited SVI (AEC) Company Limited SVI Japan Company Limited SVI (HKG) Limited SVI Electronics (USA) LLC. BEI Company Limited TOHOKU SOLUTIONS Company Limited SVI (Austria) GmbH SVI Hungary Kft. SVI Slovakia s.r.o. SVI-GDL, S.A.P.I. DE C.V. Sementis Engineering GmbH Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary Subsidiary (Held by subsidiary)Subsidiary (Held by subsidiary)Subsidiary (Held by subsidiary)Subsidiary (Held by subsidiary)Associated company (Held by subsidiary)Separatefinancial statementsPricing policy2022 2021 2022 2021(Unit: Million Baht)List of related companies Relationship- - - - - - -2 - - - - - - -3 334 32 1,470 40 46 14 36 - 918391,0193148518- 99.99 percent on price charged to customersCarrying value plus 2.00 percent At cost Actual charge and actual charge plus margin at 0.40 to 2.00 percent At cost At cost 2.50 - 5.00 percent per annum (2021: 3.00 - 3.25 percent per annum)At cost SVI Public Company Limited 199

The balances of the accounts as at 31 December 2022 and 2021 between the Company and those related companies are as follows: Consolidatedfinancial statementsTrade receivables - related parties (Note 9) Subsidiaries Associates Total trade receivables - related parties Other receivables - related parties (Note 9) Subsidiaries Total other receivables - related parties Other long-term receivable - related parties Subsidiaries Total other long-term receivable Trade accounts payable - related parties (Note 20) Subsidiaries Total trade accounts payable - related parties Other payables - related parties (Note 20) Subsidiaries Total other payables - related parties Accrued expenses - related parties (Note 20) Subsidiaries Total accrued expenses - related parties - 508 508 - - - - - - - - - - - 2323 - - - - - - - - - - 382,622 -382,622 75,60875,608 15,55615,556 380,479380,479 15,03815,038 -- 365,840 -365,840 61,03161,031 20,68320,683 376,915376,915 13,79413,794 4343Separatefinancial statements 2022 20212022 2021(Unit: Thousand Baht)200 Annual Report 2022

As at 31 December 2022 and 2021, the balances of loans between the Group and those related companies and the movements in loans are as follows: Loan to SVI (Austria) GmbH of EUR 1.0 million carries interest at rates of 2.00 - 2.50 percent per annum. Loans to SVI (AEC) Company Limited of USD 38.5 million (2021: USD 21.4 million) carries interest at the rate of 5.00 percent per annum (2021: 3.00 - 3.25 percent per annum). The loan is unsecured and due within 1 year from the agreement date. (2021: the loans were classified as long-term loans because the Company had no intention to call for repayment in the near future). Loans to subsidiaries and interest receivables During the years ended 31 December 2022 and 2021, the Group had employee benefit expenses of their directors and management as below. Directors and management’s benefits Separate financial statementsMovements during the year Short-term loans to subsidiary and interest receivable SVI (Austria) GmbH Principal Interest receivable Total SVI (AEC) Company Limited Principal Interest receivable Total Long-term loans to subsidiary and interest receivables SVI (AEC) Company Limited Principal Interest receivable Total Decrease Effect onexchange rateBalance as at 1 January 2022 Increase ReclassifyBalanceas at31 December 2022(Unit: Thousand Baht)- - - - - - - 713,246 138 713,384 110,261 598 110,859 - - - 110,859 664,266 35,555 699,821 (72,150) (430) (72,580)- - - (72,580)- (33,437) (33,437) (1,662) (1) (1,663)- - - (1,663) (53,306) (188) (53,494) ---1,324,2062,0681,326,2741,326,274(1,324,206)(2,068)(1,326,274)36,44916736,6161,324,2062,0681,326,2741,362,890---Consolidatedfinancial statementsShort-term employee benefits Post-employment benefits Total 141,598 9,605 151,203 134,2075,599139,80666,7429,59376,33576,2265,58881,814Separatefinancial statements 2022 20212022 2021 (Unit: Thousand Baht) The Company has provided guarantees to three subsidiaries for long-term loans from banks as stipulated in Note 37.4 to the consolidated financial statements. Commitment to related companies SVI Public Company Limited 201

7 Cash and cash equivalents Consolidatedfinancial statementsCash Deposit at banks Total 787 715,231 716,018 540574,902575,442490328,503328,99375192,437192,512Separatefinancial statements 2022 20212022 2021(Unit: Thousand Baht) As at 31 December 2022, bank deposits in savings accounts carried interests at 0.01 to 0.35 percent per annum (2021: 0.01 to 0.13 percent per annum) (The Company only: 0.01 to 0.35 percent per annum (2021: 0.01 to 0.13 percent per annum)). As at 31 December 2022, foreign currency deposits carried interest at a rate 0.17 percent per annum (2021: 0.17 percent per annum). During the year 2022, the Company disposed investments in equity instrument with its fair value totaling Baht 46 million (2021: Baht 96 million) with gain on disposal of Baht 4 million (2021: loss on disposal of Baht 53 million) recorded in unappropriated retained earnings in statement of change in shareholders’ equity. In addition, the Company received dividend income of Baht 24 million (2021: Baht 17 million) recorded in profit or loss. 8 Other current financial assets Debt instruments at amortised cost Foreign currency deposits Debt instruments at FVOCI Investments in debentures Add: Unrealised gains (losses) on measurement of debentures at fair value Investments in debentures - net Equity instruments designated at FVOCI Investments in listed securities Less: Unrealised losses on measurement of listed securities at fair value Investments in listed securities - net Total other current financial assets 342,056139,750(3,063)136,687401,143(30,089)371,054849,797119,559154,556809155,365357,995(3,948)354,047628,971Consolidated and Separatefinancial statements2022 2021(Unit: Thousand Baht)202 Annual Report 2022

The normal credit terms are 60 - 90 days. Set out below is the movements in the allowance for expected credit losses of trade and other receivables:9Trade and other receivables Consolidated financial statementsTrade receivable - related parties Aged on the basis of due dates Not yet due Past due Up to 3 months 3 - 6 months 6 - 12 months Over 12 months Total trade receivable - related parties Trade receivable - unrelated parties Aged on the basis of due dates Not yet due Past due Up to 3 months 3 - 6 months 6 - 12 months Over 12 months Total Less: Allowance for expected credit losses Total trade receivable - unrelated parties, net Other receivables - related parties Other receivables - unrelated parties Total trade and other receivables - net 174 334 - - - 508 3,886,318 1,142,738 177,139 89,101 57,312 5,352,608 (29,038) 5,323,570 - 99,584 5,423,662 149- - - 233,850,6481,088,342174,53277,42230,6865,221,630(8,696) 5,212,934- 97,4025,310,35941,497122,66871,304147,1494382,6222,722,704799,760155,95083,40257,0283,818,844(17,937)3,800,90775,60878,7574,337,894Separatefinancial statements2022 20212022 2021(Unit: Thousand Baht)166,144182,74716,265684-365,8402,913,953874,620167,44574,81730,4714,061,306(7,866)4,053,44061,03179,2484,559,559Beginning balance Increase during the year Translation adjustments Ending balance 8,69620,361(19) 29,0387,86610,071-17,937Consolidated financial statementsSeparatefinancial statements(Unit: Thousand Baht)SVI Public Company Limited 199203

Consolidated financial statementsFinished goods Work in process Raw materials Supplies and spare parts Raw materials in transit Total (2,018)- (298,374) (2,329)- (302,721) (3,265)- (221,366) (1,072)- (225,703) 304,205 619,518 5,751,541 3,025 313,053 6,991,342 272,690 455,816 4,802,384 79,837 246,634 5,857,361 302,187619,5185,453,167696313,0536,688,621269,425455,8164,581,01878,765246,6345,631,6582022 2021Cost 2022 2021 2022 2021Inventories - netFinished goods Work in process Raw materials Supplies and spare parts Raw materials in transit Total (1,401)- (213,972)- - (215,373) (2,921)- (174,401)- - (177,322) 183,014 331,331 3,864,273 3,024 203,901 4,585,543 120,482 298,714 3,388,192 3,251 237,199 4,047,838 181,613331,3313,650,3013,024203,9014,370,170117,561298,7143,213,7913,251237,1993,870,516 (Unit: Thousand Baht) During the current year, the Group reduced cost of inventories by Baht 78 million (2021: Baht 70 million) (The Company only: Baht 40 million (2021: Baht 50 million)), to reflect the net realisable value. This was included in cost of sales. In addition, the Group reversed the write-down of cost of inventories by Baht 1 million (2021: Baht 2 million) (The Company only: reversed the written-down of cost of inventories by Baht 2 million (2021: Baht 1 million)) and reduced the amount of inventories recognised as expenses during the year. 10Inventories (Unit: Thousand Baht)2022 2021 2022 20212022 2021Separate financial statementsReduce cost to net realisable value Cost Inventories - netReduce cost to net realisable value 204 Annual Report 2022

Sementis Engineering GmbH Emsiso d.o.o. Design and development of products Design and development of products Austria Slovenia 20 - 20 23 9,935 - 9,935 9,935 9,935 19,870 (9,935) (9,935) (19,870) - - - - - - 2022 2021 Cost 2022 2021 Shareholding percentage Country of Associates Nature of business incorporation 2022 2021 2022 2021 Carrying amounts - net (9,935) - (9,935) 11Investments in associates Consolidated financial statements (Unit: Thousand Baht)12Investments in subsidiaries (Unit: Thousand Baht) On 11 May 2022, a meeting of Board of Directors of the Company No. 4/2022 passed a resolution to approve SVI (Austria) GmbH to dispose all of its investment in EMSISO d.o.o. to a company with a selling price of EUR 2.1 million. Gain on sale of this investment of EUR 2.1 million (Baht 77.4 million) is included in other income in consolidated income statement. Details of investments in subsidiaries as presented in separate financial statements are as follows:Subsidiaries held by the Company SVI A/S SVI Public (HK) Limited SVI (AEC) Company Limited SVI Japan Company Limited SVI (HKG) Limited SVI Electronics (USA) LLC. BEI Company Limited TOHOKU SOLUTIONS Company Limited DKK 0.05 million HKD 36.94 million USD 1.00 million JPY 0.75 million HKD 0.01 million USD 0.001 million THB 60.00 million THB 180.00 million DKK 0.50 million HKD 36.94 million USD 1.00 million JPY 0.75 million HKD 0.01 million - THB 2.50 million THB 350.00 million 100 100 100 100 100 100 100 100 1001001001001001001001003,269174,14334,454227413760,000253,397525,5683,269174,14334,45422741-2,500423,397638,031Shareholding percentage2022 2021Paid-up share capital 2022 2021 2022 2021Subsidiaries Cost method(Percent) (Percent) (Percent) (Percent) Allowance for impairmentof investmentsSVI Public Company Limited 205

BEI Company Limited On 11 August 2021, the Company established BEI Company Limited (“the subsidiary”) to engage in sourcing raw materials with the registered shared capital of Baht 10 million (1,000,000 ordinary shares with a par value of Baht 10 each). The Company hold 100 percent of shareholding. The subsidiary called 25% of the registered share capital for share subscription, or totalling Baht 2.5 million. On 11 May 2022, a meeting of Board of Directors of the Company No. 4/2022 passed a resolution approving an additional investment in newly issued shares of BEI Company Limited with respect to the increase in registered capital of this subsidiary from Baht 10 million to Baht 60 million. The subsidiary called for share subscription in full. The subsidiary registered the share capital increase with the Ministry of Commerce on 27 June 2022. TOHOKU SOLUTION Company Limited On 7 October 2021, the Company entered into the Share Purchase Agreement to acquire all shares of Tohoku Pioneer (Thailand) Company Limited, (3.5 million ordinary shares with a par value of Baht 100 each). This company is incorporated in Thailand, and engages in manufacturing and provision of services for the assembly of electronic circuits and electronic parts. On 30 November 2021, the Company paid consideration to the former shareholder and its name was changed to “TOHOKU SOLUTIONS Company Limited”. On 11 February 2022, the Extraordinary General Meeting of shareholders of TOHOKU SOLUTIONS Company Limited No. 1/2022 passed a resolution approving a reduction of registered capital of Baht 170 million by reduction of ordinary shares from 3.5 million shares to 1.8 million shares with a par value of Baht 100 each. The subsidiary registered the reduction of issued and paid-up share capital with the Ministry of Commerce on 14 March 2022, and returned Baht 170 million for reduction in shares to the Company on 15 March 2022. During the year 2022, the Company received dividend from TOHOKU SOLUTIONS Company Limited of Baht 30 million (2021: Nil). SVI Hungary Kft. On 17 February 2022, a meeting of the Board of Directors of the Company No. 3/2022 passed a resolution approving SVI (Austria) GmbH, subsidiary of SVI Public (HK) Limited, entered into a share purchase agreement with two overseas companies to dispose its investment in ordinary shares of SVI Hungary Kft. On 1 March 2022, SVI (Austria) GmbH, entered into a share purchase agreement and shareholders’ agreement with those overseas companies for disposal of ordinary shares of SVI Hungary Kft. The agreement specified the consideration for the disposal with a value of EUR 450,000 which divided into two portions. The first portion was EUR 220,500 for 49% of shares and the second portion was EUR 229,500 for 51% of shares. However, the consideration shall be adjusted according to the conditions specified in the share purchase agreement. In addition, as stipulated in the share purchase agreement, SVI (Austria) GmbH and the buyers of shares are entitled to the following option rights: 1 The buyers shall have a call option over the 51% in shares of SVI Hungary Kft. from the completion date for the first portion. The buyers shall be entitled to exercise the call option with the terms and conditions specified in the agreement.2 SVI (Austria) GmbH, shall have a put option over the 51% in shares of SVI Hungary Kft. after a period of 24 months as from the completion date for the first portion. SVI (Austria) GmbH shall be entitled to exercise the put option with the terms and conditions specified in the agreement. 3 In case of an occurrence of a warranty breach and/or breach of shareholders’ agreement in excess of the stated amount contained in the agreements by SVI Hungary Kft. or SVI (Austria) GmbH after the completion for the first portion but before the completion for the second portion, the buyers, subject to the terms and conditions contained within the agreement, shall have a purchasers’ put option over the first portion of the shares previously acquired to sell the shares back to SVI (Austria) GmbH, at the same price. The buyers shall be entitled to exercise the purchasers’ put option with the terms and conditions specified in the agreement. 206 Annual Report 2022

SVI Electronics (USA) LLC. On 20 September 2022, SVI Electronics (USA) LLC. called for share subscription in full of share capital of USD 1,000 or Baht 0.04 million (1,000 ordinary shares with a par value of USD 1 each). 13Investment properties (Unit: Thousand Baht) The net book value of investment properties as at 31 December 2022 and 2021 are presented below. A reconciliation of the net book value of investment properties for the years 2022 and 2021 are presented below. The fair value of investment properties as at 31 December 2022 and 2021 are stated below: Net book value at beginning of year Acquisition of assets Transferred from property, plant and equipment - net book value Depreciation charged Net book value at end of year 182,96517,86214(1,394)199,447185,601--(2,636)182,9652022 2021Consolidated and Separate financial statements(Unit: Thousand Baht) The fair value has been determined based on valuation performed by an accredited independent valuer. The fair value of the land has been determined based on market prices, and the fair value of buildings and land and building improvements has been determined based on replacement cost less accumulated depreciation. In 2022 and 2021, the Company had no income arising from investment properties. Land Buildings, building and land improvements 282,90046,340282,90046,3402022 2021Consolidated and Separate financial statements(Unit: Thousand Baht)31 December 2022 Cost Less: Accumulated depreciation Net book value 31 December 2022 Cost Less: Accumulated depreciation Net book value 171,697 - 171,697 171,697 - 171,697 106,273(78,523)27,750106,273(95,005)11,268277,970(78,523)199,447277,970(95,005)182,965Land TotalBuildings, building andland improvementsConsolidated and Separate financial statements SVI (Austria) GmbH, disposed the first portion of shares on 14 March 2022 and thus the shareholding percentage in SVI Hungary Kft. decreased to 51%. The Company recorded Baht 1.06 million with respect to discount from change in percentage of shareholding in subsidiary in consolidated statement of changes in shareholders’ equity. SVI Public Company Limited 207

14 Property, plant and equipment Movements of property, plant and equipment for the years ended 31 December 2022 and 2021 are summarised below.Consolidated financial statements Cost 1 January 2021 Acquisition of subsidiary during the year Cumulative effect of change in fair values of identifiable assets acquired from business acquisition (Note 2.2) Additions Disposal/written-off Transfer in (out) Translation adjustment 31 December 2021 Additions Disposal/written-off Transfer in (out) Transfer to investment property Translation adjustment 31 December 2022 Accumulated depreciation 1 January 2021 Acquisition of subsidiary during the year Depreciation for the year Depreciation on disposal/written-off Translation adjustment 31 December 2021 Depreciation for the year Depreciation on disposal/written-off Depreciation for that transferred to investment property Translation adjustment 31 December 2022 Allowance for impairment of assets 31 December 2021 Translation adjustment 31 December 2022 Net book value 31 December 2021 31 December 2022 Depreciation for the year 2021 (Baht 183 million included in manufacturing cost, and the balance in selling and administrative expense) 2022 (Baht 215 million included in manufacturing cost, and the balance in selling and administrative expense) 421,072 51,284 27,216 - - - 1,237 500,809 269 - 6,277 - (1,296) 506,059 1,300,852 347,789 - 3,695 - 19,104 27,420 1,698,860 11,812 (746) 34,757 - 344 1,745,027 1,674,768 549,522 - 13,686 (422) 117,076 21,796 2,376,426 22,380 (5,139) 248,741 (1,011) (2,850) 2,638,547 219,372 39,881 - 8,886 (712) 4,670 4,299 276,396 11,386 (9,218) 13,590 (15) (2,663) 289,476 15,380 16,672 - - (1,914) 1,943 255 32,336 - (181) 633 - (262) 32,526 78,447 1,303 - 303,396 (795) (142,793) 4,459 244,017 465,279 (5,652) (303,998) - 573 400,219 3,709,891 1,006,451 27,216 329,663 (3,843) - 59,466 5,128,844 511,126 (20,936) - (1,026) (6,154) 5,611,854 - - - - - - - - - - - - - - 500,809 506,059 358,548 309,577 61,865 - 4,238 734,228 68,166 (746) - (584) 801,064 - - - 964,632 943,963 1,181,301 526,379 118,352 (406) 21,464 1,847,090 139,902 (5,111) (1,011) (3,534) 1,977,336 1,091 (31) 1,060 528,245 660,151 186,518 37,107 12,864 (688) 3,318 239,119 15,397 (9,175) (1) (2,309) 243,031 - - - 37,277 46,445 12,386 16,673 1,780 (1,668) 190 29,361 1,474 (181) - 192 30,846 - - - 2,975 1,680 - - - - - - - - - - - - - - 244,017 400,219 1,738,753 889,736 194,861 (2,762) 29,210 2,849,798 224,939 (15,213) (1,012) (6,235) 3,052,277 1,091 (31) 1,060 2,277,955 2,558,517 194,861 224,939 Land Motor vehicles Total Buildings, building and land improvements Machinery and equipment Furniture, fixtures and office equipment Work under construction and machinery under installation (Unit: Thousand Baht)208 Annual Report 2022

Building and structures of a subsidiary with carrying value of Baht 184.9 million (2021: Baht 207.1 million) were erected on leasehold land. As at 31 December 2022, certain plant and equipment items of the Group has been fully depreciated but are still in use. The gross carrying amount before deducting accumulated depreciation of those assets amounted to approximately Baht 2,289 million (2021: Baht 2,230 million) (The Company only: Baht 1,006 million (2021: Baht 974 million)). A subsidiary has pledged all land and structures thereon with net book value of EUR 4.5 million as collateral against long-term loan from bank, as described in Note 22 to the consolidated financial statements. Separate financial statements Cost 1 January 2021 Additions Disposal/written-off Transfer in (out) 31 December 2021 Additions Disposal/written-off Transfer in (out) Transfer to investment property 31 December 2022 Accumulated depreciation 1 January 2021 Depreciation for the year Depreciation on disposal/written-off 31 December 2021 Depreciation for the year Depreciation on disposal/written-off Depreciation for that transferred to investment property 31 December 2022 Net book value 31 December 2021 31 December 2022 Depreciation for the year 2021 (Baht 132 million included in manufacturing cost, and the balance in selling and administrative expense) 2022 (Baht 147 million included in manufacturing cost, and the balance in selling and administrative expense) 376,294 - - - 376,294 - - - - 376,294 - - - - - - - - 376,294 376,294 876,627 - - 5,181 881,808 - - 2,674 - 884,482 289,217 43,286 - 332,503 43,108 - - 375,611 549,305 508,871 1,226,021 5,535 (70,346) 93,515 1,254,725 4,507 (17,886) 186,320 (1,011) 1,426,655 901,607 85,262 (55,616) 931,253 99,560 (8,476) (1,011) 1,021,326 323,472 405,329 99,182 3,280 (192) 3,413 105,683 3,686 (9,069) 10,481 (15) 110,766 82,786 6,835 (190) 89,431 7,391 (9,026) (1) 87,795 16,252 22,971 6,130 - (1,532) - 4,598 - (64) - - 4,534 5,584 300 (1,286) 4,598 - (64) - 4,534 - - 40,060 90,414 - (102,109) 28,365 204,544 - (199,475) - 33,434 - - - - - - - - 28,365 33,434 2,624,314 99,229 (72,070) - 2,651,473 212,737 (27,019) - (1,026) 2,836,165 1,279,194 135,683 (57,092) 1,357,785 150,059 (17,566) (1,012) 1,489,266 1,293,688 1,346,899 135,683 150,059 Land vehicles Total Machinery and equipment Furniture, fixtures and office equipment Work under construction and machinery under installation (Unit: Thousand Baht)Buildings, building and land improvements SVI Public Company Limited 209

15 Leasehold right to land The net book value of leasehold right to land as at 31 December 2022 and 2021 was presented below.16 Leases The Group as a lessee has lease contracts for various assets used in its operations. Leases generally have lease terms between 2 - 4 years. Movements of right-of-use assets for the years ended 31 December 2022 and 2021 were summarised below: A reconciliation of the net book value of leasehold right to land for the years 2022 and 2021 was presented below.A subsidiary in Cambodia entered into a land lease contract with a company for the purpose of constructing the plant with a period of 50 years ending in 2065. (Unit: Thousand Baht)Cost Less: Accumulated amortization Translation adjustment Net book value 119,229(16,685)(4,040)98,504119,229(14,332)(7,407)97,49020222021Consolidated financial statements(Unit: Thousand Baht)Net book value at beginning of year Amortization Translation adjustment Net book value at end of year 97,490(2,353)3,36798,50489,637(2,147)10,00097,49020222021Consolidated financial statementsa) Right-of-use assets 1 January 2021 Additions Disposal - net book value Depreciation for the year Acquisition of subsidiary during the year Translation adjustment 31 December 2021 Additions Depreciation for the year Translation adjustment 31 December 2022 11,078 3,727 - (6,830)- 246 8,221 23,289 (7,299) (49) 24,162 18,710 7,165 - (6,786)- 503 19,592 17,979 (7,165) (544) 29,862 17,7258,147- (6,630) 2,7167422,032- (8,400) (57) 13,57513,049140(751)(4,637)-1507,9513,297(3,822)(105)7,32160,56219,179(751)(24,883)2,71697357,79644,565(26,686)(755)74,920Buildings and building improvements Machinery and equipment Motor vehicles TotalOfficeequipment Consolidated financial statements(Unit: Thousand Baht)210 Annual Report 2022

1 January 2021 Additions Disposal - net book value Depreciation for the year 31 December 2021 Additions Depreciation for the year 31 December 2022 14,9868,146- (5,711) 17,421- (6,045) 11,3767,444-(751)(2,503)4,1903,297(1,908)5,57922,4308,146(751)(8,214)21,6113,297(7,953)16,955Office equipment Motor vehicles TotalSeparate financial statements(Unit: Thousand Baht)b) Lease liabilities Lease payments Less: Deferred interest expenses Total Less: Portion due within one year Lease liabilities - net of current portion 63,136(2,173) 60,963(26,883) 34,08020,537(814)19,723(8,510)11,21325,516(1,118)24,398(8,055)16,34379,142 (4,649) 74,493 (27,506) 46,987 2022 2021 2022 20212022 2021 2022 2021Consolidated financial statementsSeparate financial statements(Unit: Thousand Baht)Balance at beginning of year Additions Accretion of interest Rental payments Acquisition of a subsidiary during the year Translation adjustment Balance at the end of year 63,94317,0411,992(25,948) 2,8501,08560,96324,3983,380693(8,748)--19,72324,6138,650992(9,857)--24,39860,963 41,678 3,774 (31,130)- (792) 74,493 Consolidated financial statementsSeparate financial statements Movements of the lease liability account during the years ended 31 December 2022 and 2021 were summarised below: A maturity analysis of lease payments is disclosed in Note 39 to the consolidated financial statements under the liquidity risk. (Unit: Thousand Baht)c) Expenses relating to leases that are recognised in profit or loss Depreciation expense of right-of-use assets Interest expense on lease liabilities 24,8831,9927,9536938,21499226,686 3,774 2022 2021 2022 2021Consolidated financial statementsSeparate financial statements(Unit: Thousand Baht)SVI Public Company Limited 211

The Group had total cash outflows for leases for the year ended 31 December 2022 of Baht 31.79 million (2021: Baht 26.62 million) (the Company only: Baht 9.42 million, (2021: Baht 10.53 million)), including the cash outflow related to short-term lease. d) Others 17 Goodwill The Company allocated goodwill arising from business combination to each cash-generating unit for the purpose of performing annual impairment testing, as follows: (Unit: Thousand Baht) The Company assessed the recoverable amount of cash-generating unit based on the value in use of the assets, using projections of cash inflows that were prepared with reference to financial projections approved by the management and that covered a 5-year period for SVI Slovakia s.r.o. The significant assumptions used in determining the value in use were as follows: Goodwill SVI Hungary Kft. 17,443 SVI Slovakia s.r.o. 117,193Total134,636Growth rate Pre-tax discount rate 1.0%9.5%SVI Slovakia s.r.o. The management determined the growth rates of each subsidiary based on historical operating results, markets, competitors, customer demand and production capacity. SVI Slovakia s.r.o. has attracted more customers and has started receiving orders from some of these, which can be seen from an increase in sales occurred during 2022. As a result, its projected revenues set growth rate of at least 1.0 percent since 2023 to 2027. The pre-tax discount rate reflect the specific risk of company. During the year 2021, the Group recognised loss on impairment of goodwill amounting to Baht 17 million for SVI Hungary Kft. Movements of goodwill as at 31 December 2022 and 2021 were presented below. Cost Beginning balance Translation adjustments Ending balance Allowance for impairment loss Beginning balance Increase during the year Translation adjustment Ending balance Net book value Beginning balance Ending balance 134,636(3,792)130,84490,731-(2,555)88,17643,90542,668131,0183,618134,63671,31917,4072,00590,73159,69943,9052022 2021Consolidated financial statements (Unit: Thousand Baht)212 Annual Report 2022

18Intangible assets The net book value of intangible assets as at 31 December 2022 and 2021 were presented below. Cost 1 January 2021 Additions Acquisition of a subsidiary during the year Translation adjustment 31 December 2021 Additions Acquisition of a subsidiary during the year 31 December 2022 Accumulated amortization 1 January 2021 Amortization Acquisition of a subsidiary during the year Translation adjustment 31 December 2021 Amortization Translation adjustment 31 December 2022 Allowance for impairment loss 31 December 2021 31 December 2022 Net book value 31 December 2021 31 December 2022 156,6169,57119,1601,144186,49117,080(1,304)202,267117,0628,19316,9451,062143,26210,980(1,159)153,083--43,22949,184272,9319,57119,1604,356306,01817,080(4,671)318,427213,29815,64716,9453,735249,62516,123(4,219)261,5292,1512,15154,24254,747116,315 - - 3,212 119,527 - (3,367) 116,160 96,236 7,454 - 2,673 106,363 5,143 (3,060) 108,446 2,151 2,151 11,013 5,563 Customer relationship Computer softwareTotalConsolidated financial statements(Unit: Thousand Baht) Cost 1 January 2021 Additions 31 December 2021 Additions 31 December 2022 Accumulated amortization 1 January 2021 Amortization 31 December 2021 Amortization 31 December 2022 Net book value 31 December 2021 31 December 2022 115,334 3,946119,28013,737133,01778,7826,42485,2067,99593,20134,07439,816Computer softwareSeparate financial statements (Unit: Thousand Baht)SVI Public Company Limited 213

19 Bank overdrafts and short-term loans from banks Bank overdrafts Short-term loans from banks Total 217,8752,922,0013,139,876-2,720,0002,720,000-2,587,8022,587,802307,419 2,720,000 3,027,419 0.80 - 2.50 1.10 - 3.10 2022 Interest rates (percent per annum) 2021 2022 2021Consolidated financial statementsSeparate financial statements(Unit: Thousand Baht) As at 31 December 2022, the Company has short-term loans from bank in form of promissory notes totalling Baht 2,720 million (2021: Baht 750 million and trust receipt of USD 54 million), bearing interest rates at 1.75 to 2.10 percent per annum (2021: 1.10 to 1.55 percent per annum) which will be due in January to March 2023. These promissory notes and trust receipt are unsecured. As at 31 December 2022, the subsidiaries have bank overdrafts totalling EUR 8.3 million or Baht 307.4 million (2021: EUR 5.7 million or Baht 217.9 million) (31 December 2021, promissory note of USD 10.0 million or Baht 336.2 million), which are secured by letter of credit that issued by a local bank on behalf of the Company20Trade and other payables Trade payables - related parties Trade payables - unrelated parties Other payables - related parties Other payables - unrelated parties Payables for acquisition of machine and equipment Accrued expenses - related parties Accrued expenses - unrelated parties Total trade and other payables - 4,609,215- 100,02057,438- 221,0684,987,741380,4792,890,17215,03862,53721,613-143,7593,513,598376,9153,260,42513,79468,13656,52643116,2913,892,130- 4,660,882 - 112,958 21,613 - 254,946 5,050,399 2022 2021 2022 2021Consolidated financial statementsSeparate financial statements(Unit: Thousand Baht)21 Other current liabilities Withholding tax payables Provisions for sale return Value added tax payable Advance for finished goods Others Total other current liabilities 42,0955,9985,3436,0782,27161,7858,29410,819-3,00031522,42828,7784,965-6,0781,80941,63046,051 11,905 - 3,000 4,972 65,928 2022 2021 2022 2021Consolidated financial statementsSeparate financial statements(Unit: Thousand Baht)214 Annual Report 2022

Movements of the long-term loans account for the years ended 31 December 2022 and 2021 are summarised below: 22 Long-term loans from banks Quarterly repayment of USD 0.58 million from June 2022 to March 2025 Quarterly repayment of USD 1.0 million from December 2021 to December 2024 Quarterly repayment of Baht 84.0 million from June 2022 to March 2025 Monthly repayment of EUR 0.1 million from February 2022 to February 2027 Repayment on maturity date (3 May 2022) Monthly repayment of EUR 0.04 million from May 2020 to April 2030 Quarterly repayment of EUR 0.1 million from December 2022 to December 2030 Repayment when export lower than 5 percent from the last year’s export Quarterly repayment of Baht 10.8 million from September 2022 to December 2025 Repayment when export lower than 5 percent from the last year’s export Repayment on maturity date (30 April 2024) Total Less: Deferred financial fees Long-term loans - net Less: Current portion due within one year Long-term loans, net of current portion 1,855,114 (3,715) 1,851,399 (518,044) 1,333,355 1,221,259 (2,224) 1,219,035 (468,131) 750,904 916,927 (3,715) 913,212 (396,770) 516,442 411,783 (2,224) 409,559 (145,267) 264,292 1 2 3 4 5 6 7 8 9 10 11 4.89% (2021: LIBOR + Fixed rate) LIBOR + Fixed rate THOR + Fixed rate 1.40% 6-month EURIBOR + Fixed rate 1.40% 1.50% 1.40% THOR + Fixed rate 0.50% 2.00% 169,605 - 747,322 250,426 - 140,436 116,940 147,310 128,400 147,310 7,365 48,810 362,973 - 299,369 261,474 164,211 84,422 - - - - 169,605 - 747,322 - - - - - - - - 48,810 362,973 - - - - - - - - - Loan 2022 Interest rate (percent per annum) Repayment schedule 2021 2022 2021Consolidated financial statementsSeparate financial statements(Unit: Thousand Baht)Beginning balance Additional borrowings Repayments Financial fees Amortised of financial fees Unrealised (gain) loss on exchange Translation adjustment Ending balance 1,629,126826,006(1,281,591) (2,363) 30,3122,92814,6171,219,035409,5591,144,732(632,717)(6,000)4,509(6,870)-913,2131,099,827442,215(1,163,360)(2,363)30,3122,928-409,5591,219,035 1,635,295 (971,769) (6,000) 4,509 (6,870) (22,801) 1,851,399 2022 2021 2022 2021Consolidated financial statementsSeparate financial statements(Unit: Thousand Baht)SVI Public Company Limited 215

Facility No.1 On 9 December 2021, the Company entered into a loan agreement with a local bank to obtain USD 7.0 million for expansion of a subsidiary’s plant. As at 31 December 2022, the outstanding balances of this loan is USD 4.9 million (2021: USD 1.5 million). The conditions of loan agreement include a covenant not to create security interests over land, and construction thereon, machinery and assets of the Company and a subsidiary (Negative pledges). On 19 October 2022, the Company entered in to the amendment of loan agreement for changing the loan draw down period to be completed by 31 March 2023 and changing interest rate from LIBOR + 1.97% per annum to 4.89% per annum.e Facility No.2 On 13 December 2021, the Company entered into a loan agreement with a local bank to obtain USD 13.0 million to acquire a business. As at 31 December 2022, this loan was paid in full (2021: USD 10.8 million). The conditions of the loan agreement include a covenant not to create security interests over land, and construction thereon, machinery and assets of the Company, and the ordinary shares of a subsidiary (Negative pledges). Facility No.3 On 22 March 2022, the Company entered into a loan agreement with a local bank to obtain Baht 1,000.0 million for working capital. The conditions of the loan agreement include a covenant not to create security interests over land, and construction thereon, machinery and asset of the Company (Negative pledges). Facility No.4,5,6,8 As at 31 December 2022, a subsidiary has long-term loans from an overseas bank amounting to EUR 14.6 million (2021: EUR 19.1 million). Loans of EUR 10.6 million are secured by (a) two blank bills of exchange endorsed by the subsidiary, together with a declaration of the designated purpose of these bills of exchange, (b) guarantee provided by the Company and (c) all land and premises of the subsidiary, and loan of EUR 4.0 million is secured by (a) two blank bills of exchange endorsed by the subsidiary, together with a declaration of the designated purpose of these bills of exchange, (b) guarantee provided by the Company and (c) assignment of all existing and future claims arising from business activities to bank. During the year, this subsidiary made the full repayment of loan facility No. 5 (2021: balance EUR 6.9 million). Facility No.7 On 6 May 2021, a subsidiary entered into a loan agreement with an overseas bank to obtain EUR 3.3 million. As at 31 December 2022, the outstanding balance of this loan is EUR 3.2 million (2021: EUR 2.2 million). This loan is secured by the Company’s provision of a corporate guarantee and all land and premises of the subsidiary. Facility No.9 On 9 March 2022, a subsidiary entered into a loan agreement with a local bank to obtain Baht 150 million for payment related to the reduction of capital. The loan is secured by the Company’s provision of a corporate guarantee. The conditions of loan agreement include a covenant not to create security interests over land, and construction thereon and machinery of such subsidiary (Negative pledges). 216 Annual Report 2022

Facility No.10 On 29 April 2022, a subsidiary entered into a loan agreement with an overseas bank to obtain EUR 4 million to support export sales. The loan is secured by the Company’s provision of a corporate guarantee and bank guarantee issued by another bank. Facility No.11 On 21 March 2022, a subsidiary entered into a loan agreement with an oversea bank to obtain EUR 0.2 million. The loan is secured by all property of the subsidiary. All loan agreements contain several covenants which, among other things, require the Group to maintain debt-to-equity ratio and debt service coverage ratio at the rate prescribed in the agreements. Two subsidiaries entered into interest rate swap agreements with two banks to swap floating interest rate for fixed interest rates on long-term loan facilities No.4, No.6 and No.7, as described in Note 39 to the consolidated financial statements. As at 31 December 2022, the long-term credit facilities of the Group which have not yet been drawn down amounted to USD 1.5 million (2021: EUR 5.0 million and USD 5.5 million) (The Company only: USD 1.5 million (2021: USD 5.5 million)).SVI Public Company Limited 217

23Provision for long-term employee benefits Provision for long-term employee benefits, which represents compensation payable to employees after they retire, was as follows: The Group expects to pay Baht 14 million of long-term employee benefits during the next year (2021: Baht 9 million) (The Company only: Baht 8 million (2021: Baht 5 million)). As at 31 December 2022, the weighted average duration of the liabilities for long-term employee benefit is 3 - 25 years (2021: 3 - 25 years) (The Company only: 10 - 12 years (2021: 10 - 12 years)). Significant actuarial assumptions are summarised below: Provision for long-term employee benefits at beginning of year Included in profit or loss: Current service cost Interest cost Gains on settlement Included in other comprehensive income: Actuarial (gain) loss arising from - Demographic assumption changes - Financial assumptions changes - Experience adjustments Benefits paid during the year Acquisition of a subsidiary Translation adjustment Provision for long-term employee benefits at end of year 250,72917,0083,037- - (7,360) (4,966) (27,210) 34,1192,794268,151130,07715,3712,206----(7,093)--140,561141,97210,7572,228--(4,993)(4,635)(15,252)--130,077268,151 23,281 3,924 (9,508) (307) (15,045) 1,061 (13,530)- (2,733) 255,294 2022 2021 2022 2021Consolidated financial statementsSeparate financial statements(Unit: Thousand Baht)Discount rates Salary increase rates Turnover rates 1.0 - 2.22.5 - 4.03.8 - 45.81.9 - 2.24.03.8 - 45.81.9 - 2.24.03.8 - 45.81.9 - 3.0 3.0 - 4.0 0.4 - 45.8 2022 2021 2022 2021Consolidated financial statementsSeparate financial statements(Unit: percent per annum)218 Annual Report 2022

Impact on the long-term employee benefit obligation (27) (26) 31 30 9(9)Salary increase rateStaff turnover rateConsolidated financial statementsAs at 31 December 2021Discount rate (Unit: Million Baht)Impact on the long-term employee benefit obligation (11) (11) 12 13 7(6)Salary increase rateStaff turnover rateSeparate financial statementsAs at 31 December 2022Discount rate (Unit: Million Baht)Impact on the long-term employee benefit obligation (10) (10) 12 11 6(5)Salary increase rateStaff turnover rateSeparate financial statementsAs at 31 December 2021Discount rate (Unit: Million Baht) The result of sensitivity analysis for significant assumptions that affect the present value of the long-term employee benefit obligation as at 31 December 2022 and 2021 are summarised below: Impact on the long-term employee benefit obligation (22) (23) 25 26 10(10)Salary increase rateStaff turnover rateConsolidated financial statementsAs at 31 December 2022Increase 1.0%Decrease1.0%Increase10.0%Decrease10.0%Increase 1.0% Decrease 1.0%Increase 1.0%Decrease1.0%Increase10.0%Decrease10.0%Increase 1.0% Decrease 1.0%Increase 1.0%Decrease1.0%Increase10.0%Decrease10.0%Increase 1.0% Decrease 1.0%Increase 1.0%Decrease1.0%Increase10.0%Decrease10.0%Increase 1.0% Decrease 1.0%Discount rate (Unit: Million Baht)SVI Public Company Limited 219

24 Share capital On 23 April 2021, the Company’s Annual General Meeting of Shareholders for 2021 approved the reduction of the registered capital from Baht 2,312.04 million to Baht 2,266.75 million. A decrease of Baht 45.29 million (45.29 million ordinary shares at Baht 1 per share) was due to unexercised warrants to purchase ordinary shares of the Company (SVI-W3). On 12 May 2021, the Board of Directors' Meeting No. 4/2021 approved the reduction of the issued and paid-up capital from Baht 2,266.75 million to Baht 2,170. 62 million. A decrease of Baht 96.13 million was made by the cancellation of 96.13 million unsold treasury and registered shares at a par value of Baht 1 per share. The Company registered the reduction of its registered and issued and paid-up capital with the Ministry of Commerce on 31 May 2021. On 7 November 2022, the Company's Board of Directors Meeting No. 6/2022 passed a resolution approving the reduction of issued and paid-up capital from Baht 2,170.62 million to Baht 2,153.21 million. A decrease of Baht 17.41 million was made by the cancellation of 17.41 million unsold treasury and registered shares at a par value of Baht 1 per share.The Company registered the reduction of its registered and issued and paid-up capital with the Ministry of Commerce on 25 November 2022. 25 Treasury stocks Details of treasury stocks No. 1 and No. 2 are summarised below. Date of a meeting of the Board of Directors of the Company approved a share repurchase program for the purpose of financial management and to manage the Company’s excess liquidity Maximum amount available for repurchasing the shares Numbers of repurchased shares Repurchase period Period that shares bought back are to be resold Dividend 2 October 2017 Baht 1,400 million A maximum of 200 million shares with par value of Baht 1 per share are available for repurchase, equivalent to 8.83 percent of the total paid-up capital as at 2 October 2017. From 18 October 2017 to 12 April 2018 From 13 October 2018 to 12 April 2021 (after 6 months but no later than 3 years after the completion date of the share repurchase scheme). The treasury stocks carry no rights to receive dividend. 22 February 2019Baht 1,000 millionA maximum of 130 million shares with par value of Baht 1 per share are available for repurchase, equivalent to 5.74 percent of the total paid-up capital as at 22 February 2019.From 17 April 2019 to 16 October 2019From 17 April 2020 to 16 October 2022 (after 6 months but no later than 3 years after the completion date of the share repurchase scheme). The treasury stocks carry no rights to receive dividend. Details Treasury stocks No. 1 Treasury stocks No. 2 These shares are to be repurchased through the Stock Exchange of Thailand. The repurchase price must not exceed 115 percent of the weighted average closing price over the five trading days before each repurchase is made. Reselling of shares, cancellations of the repurchased shares and reductions of share capital are to conform to the 2001 ministerial regulations regarding principles and procedures for the repurchase and resale of shares. The resale price is to be set at not lower than 85 percent of the weighted average closing price over the five trading days before each resale is made. The period of reselling 96,133,100 treasury stocks No. 1 ended on 12 April 2021. The Company did not sell such treasury stocks since the Company’s market share price in the Stock Exchange of Thailand was very fluctuated. To comply with the Ministerial Regulation that in the event of ending the reselling period and the Company did not resell or had 220 Annual Report 2022

the remaining shares, the Company will decrease its paid-up share capital by written-off unsold treasury stocks. The Company registered the decrease of the issued and paid-up share capital with the Ministry of Commerce on 31 May 2021. On 10 November 2021, a meeting of the Company’s Board of Director No. 6/2021 passed the resolutions to approval of the offering of 17,406,300 treasury shares, representing 0.80 percent of the total paid-up capital of the Company, with an offering period of 25 November 2021 to 16 October 2022, and an offering price not lower than the average closing price of the shares over the 5 latest trading days less 15 percent of such average closing price. During the year 2021, the Company reverse for treasury stocks of Baht 424.38 million. Such reserve has been presented as “Appropriated retained earnings - reserve for treasury stocks” in the statements of financial position. The period of reselling 17,406,300 treasury stocks No. 2 ended on 16 October 2022. The Company did not sell such treasury stocks since the Company’s market share price in the Stock Exchange of Thailand was very fluctuated. To comply with the Ministerial Regulation that in the event of ending the reselling period and the Company did not resell or had the remaining shares, the Company will decrease its paid-up share capital by written-off unsold treasury stocks. The Company registered the decrease of the issued and paid-up share capital with the Ministry of Commerce on 25 November 2022. During the year 2022, the Company reverse the reserve for treasury stocks of Baht 75.06 million. Such reserve has been presented as “Appropriated retained earnings - reserve for treasury stocks” in the statements of financial position.26 Statutory reserve 28 Finance cost Pursuant to Section 116 of the Public Company Limited Act B.E. 2535, the Company is required to set aside a statutory reserve at least 5 percent of its net profit after deducting accumulated deficit brought forward (if any), until the reserve reaches 10 percent of its registered capital. The statutory reserve is not available for dividend distribution. At present, the statutory reserve has fully been set aside. 27 Finance income Interest income on bank deposits Interest income on loans to subsidiary Interest income on debt instruments measured at FVOCI Total 1,389- 5,7167,10554536,1205,38442,04991217,5105,71624,1382,265 - 5,384 7,649 2022 2021 2022 2021Consolidated financial statementsSeparate financial statements(Unit: Thousand Baht)Interest expense on borrowings Interest expense on lease liabilities Bank fees Total 83,4551,97912,08197,51583,3656933,90787,96563,7959925,30270,089110,609 2,714 9,470 122,793 2022 2021 2022 2021Consolidated financial statementsSeparate financial statementsSVI Public Company Limited 221

29 Expenses by nature Salary and wages and other employee benefits Depreciation amortization Raw materials and consumables used Changes in inventories of finished goods and work in progress 1,925,071222,38017,79413,760,95517,1251,120,009159,4067,99514,242,643(95,149)1,008,094146,5336,42410,268,676(14,026)2,307,378 253,019 18,476 21,096,955 (195,217) 2022 2021 2022 2021Consolidated financial statementsSeparate financial statements(Unit: Thousand Baht) Significant expenses by nature are as follows: 30 Employee Joint Investment Program of the Company On 10 November 2021, a meeting of the Board of Directors of the Company No. 6/2021 approved the Employee Joint Investment Program (EJIP) with a term from 1 January 2022 to 31 December 2025. Employees who participate in this program must comply with the condition for prohibiting the sale of shares from the first date to the end date of the program as detailed below. During the current year, the Company paid the contribution of Baht 11 million to the program in accordance with the specified conditions and recognised this amount as a part of cost of goods sold, selling and distribution expenses, and administrative expenses in profit and loss. Program maturity of 1 year (31 December 2022): Program maturity of 2 years (31 December 2023): Program maturity of 3 years (31 December 2024): Program maturity of 4 years (31 Decenber 2025): Sale of shares is prohibited. The sale of shares is permitted for 25% of the accumulated shares. The securities company operating the program will transfer the shares to the securities trading account used for the transfer of shares upon maturity by 15 January 2024. The sale of shares is permitted for 25% of the accumulated shares. The securities company operating the program will transfer the shares to the securities trading account used for the transfer of shares upon maturity by 15 January 2025. The sale of shares is permitted for 100% of the accumulated shares. The securities company operating the program will transfer the shares to the securities trading account used for the transfer of shares upon maturity by 15 January 2026. 222 Annual Report 2022

31Income tax Tax expense (income) for the years ended 31 December 2022 and 2021 were summarised as follows: The amounts of income tax relating to each component of other comprehensive income for the years ended 31 December 2022 and 2021 were as follows: The reconciliation between accounting profit and tax expense (income) was shown below. Current income tax: Corporate income tax charge for the year Deferred tax: Relating to origination and reversal of temporary differences Tax expense (income) reported in profit or loss 8,885(20,229) (11,344) 25,577(848)24,7293,935(4,358)(423)55,923 (3,605) 52,318 2022 2021 2022 2021Consolidated financial statementsSeparate financial statements(Unit: Thousand Baht)Deferred tax relating to Actuarial gain (loss) Loss on cash flow hedges Loss on investments in debt instruments at fair value Loss on investments in equity instruments at fair value Total income tax in other comprehensive income 405707(833) 15,53215,811--(774)(5,228)(6,002)(269)-(833)15,53214,4303,266 5,903 (774) (5,228) (3,167) 2022 2021 2022 2021(Unit: Thousand Baht)Accounting profit before tax Applicable tax rates Accounting profit before tax multiplied by applicable tax rates Effects of: Promotional privileges (Note 32) Non-deductible expenses (tax exemption income/additional expense deductions allowed) Total Tax expense (income) reported in profit or loss 1,414,7429% - 25%290,083(253,047) (48,380) (301,427) (11,344) 1,553,98220%310,796(292,530)6,463(286,067)24,7291,318,31120%263,662(253,047)(11,038)(264,085)(423)1,824,633 9% - 25%373,402 (292,530) (28,554) (321,084) 52,318 2022 2021(Restated) 2022 2021(Unit: Thousand Baht)Consolidated financial statementsSeparate financial statementsConsolidated financial statementsSeparate financial statementsSVI Public Company Limited 223

2022 2021 2022 2021 The components of deferred tax assets and deferred tax liabilities are as follows: As at 31 December 2022, the total amount of temporary differences associated with investments in subsidiaries for which deferred tax liability has not been recognised, is Baht 603 million (2021: Baht 410 million). Deferred tax assets Unrealised loss on change in other current financial assets Provision for long-term employee benefits Tooling Unused tax losses from non-promoted operations Intangible assets Liabilities under finance lease agreements Loss on cash flow hedges Allowance for diminution in value of inventories Others Total Deferred tax liabilities Increase in fair value of land Right-of-use assets Deferred financial fees Gain on cash flow hedges Total Deferred tax assets - net 62835,3765311,76112,2344,4884375,16077370,9105,4437,262- - 12,70958,2056,6302,054168----1,74527910,876--58-5810,8186281,38753--175-1,810834,136-169--1693,9676,630 30,194 168 10,843 10,568 3,307 548 11,033 438 73,729 5,443 7,493 58 2,542 15,536 58,193 Consolidated financial statementsSeparate financial statements(Unit: Thousand Baht)(Restated) 32 The Company has been granted promotional privileges under the Investment Promotion Act B.E. 2520 by the Board of Investment under certain significant conditions. Significant privileges of the Company are as follows. Promotional privileges 224 Annual Report 2022

1. Certificate No. 2. Promotional privileges for 3. The significant privileges are 3.1 Exemption of corporate income tax for net profit from promotional privileges and exemption of income tax on dividends paid from the profit of the operations throughout the period in which the corporate income tax is exempted. 3.2 Allowance for 5% of the increment in export income over the preceding year for ten years, providing that the export income of that particular year should not be lower than the average export income over the three preceding years except for the first two years. 3.3 Exemption of import duty on machinery as approved by the Board. 3.4 Exemption of import duty on raw materials and significant supplies used in export production for a period of one year from the first import date. 4. Date of first earning promotional privileges under the promotion certificates - Raw materials - Machinery - Income tax 1065(2)/2550 Manufacturing of PCBA, electronic products 5 years (Transfer right to 5152(2)2556) Non-granted Granted Granted 24 Apr 2006 27 Dec 2006 14 May 2008 1296(2)/2554 Manufacturing PCBA, electronic products and hand-microphone 5 years (Transfer right to 5152(2)2556) Non-granted Granted Granted 1 May 2011 25 Jan 2011 13 May 2011 5152(2)/2556 Manufacturing of PCBA, electronic products 8 years Non-granted Granted Granted 17 June 2013 17 June 2013 17 June 2013 1587(2)/2558Manufacturingof PCBA, electronic products 5 years Non-grantedGrantedGranted1 Oct 20172 Mar 201510 Oct 20171595(2)2558Manufacturing of Submount, electronic products5 yearsNon-grantedGrantedGranted- 23 Mar 201526 Jan 201765-0917-1-00-1-0Manufacturingof PrintedCircuit BoardAssembly (PCBA)6 yearsNon-grantedGrantedGranted---65-0101-1-00-1-0Manufacturing of Laser Module, PCBA, electronic products8 Years(Laser Module)6 Years (PCBA)Non-grantedGrantedGranted-2 Nov 20212 Feb 2022Details On 14 January 2021, the Company has been approved to cancel BOI privilege number 2724 (2)/2555 from the Thailand Board of Investment. The Company also received promotional privileges, pursuant to the promotion certificates No. 1595 (2)/2558. The Company has not exercised the privileges under this certificate and cancel it on 8 September 2021. On 1 August 2022 a subsidiary received the promotion certificates No. 65-0917-1-00-1-0 but the subsidiary has not yet utilised such privileges. SVI Public Company Limited 225

The Company’s operating revenues for the years ended 31 December 2022 and 2021 divided between promoted and non-promoted operations, are categorised below. The Company’s profit before tax for the years ended 31 December 2022 and 2021 divided between exempted income tax according to promotional privileges and non-exempted income tax as summarised below. Sales Export sales Domestic sales Total sales 617,22517,623634,84817,397,32819,90817,417,23613,046,08417,62313,063,7071,331,867 19,908 1,351,775 2022 2021 2022 2021Non-promoted operationsTotal(Unit: Thousand Baht)12,428,859 - 12,428,859 16,065,461 - 16,065,461 2022 2021 Promoted operations Profit before income tax which exempted from income tax categorised by the expiration of each privileges June 2021 January 2022 October 2022 January 2030 Profit before income tax which is not exempted from income tax Total profit before income tax --215.341,186.71151.931,553.981,771,875 1,426,086 2,153,210 2,153,210 0.82 0.6656.030.711,187.07 -74.501,318.312022 2021Separate financial statements (Unit: Million Baht)33Earnings per share Basic earnings per share is calculated by dividing profit for the year attributable to equity holders of the Company (excluding other comprehensive income) by the weighted average number of ordinary shares in issue during the year after deducting number of treasury stock. The computation of basic earnings per share was as follow: Basic earnings per share Profit attributable to equity holders of the Company (Thousand Baht) (Thousandshares) (Thousand Baht) (Restated) (Thousandshares) (Baht)(Restated)(Baht)(Thousand Baht) (Thousandshares) (Thousand Baht) (Thousandshares) (Baht)(Restated)(Baht)2022 2021 2022 2021Earnings per shareWeighted averagenumber of ordinary sharesConsolidated financial statements2022 2021 2022 2021 2022 2021 2022 2021Profit for the year 1,529,253 1,318,734 2,153,210 2,153,210 0.71 0.61 Basic earnings per share Profit attributable to equity holders of the Company Earnings per shareWeighted averagenumber of ordinary sharesSeparate financial statementsProfit for the year 226 Annual Report 2022

34 Segment information Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. The chief operating decision maker has been identified as Chief Executive Officer. For management purposes, the Group is organised into business units based on its products and services and have three reportable segments as follows: The chief operating decision maker monitors the operating results of the business units separately for the purpose of making decisions about resource allocation and assessing performance. Segment performance is measured based on operating profit or loss and total assets and on a basis consistent with that used to measure operating profit or loss and total assets in the financial statements. The basis of accounting for any transactions between reportable segments is consistent with that for third party transactions. The revenue, profit and total assets information regarding the Group’s operating segments for the years ended 31 December 2022 and 2021, were as follow: Assets of reported segment are jointly utilised by each segments. The revenue of the Group based on areas in Asia and Europe for the years ended 31 December 2022 and 2021 were as follow: • Industrial Control System • Communication network • Automotive & Transportation Revenue from external customers Inter-segment revenue Total revenue Segment operating profit Unallocated income and expenses: Other income Finance income Selling and distribution expense Administrative expense Gain on exchange Finance cost Tax income (expense) Profit for the year 7,091 829 7,920 372 6,922 581 7,503 957 10,177 17 10,194 1,130 5,884 562 6,446 772 1,655 - 1,655 227 1,605 - 1,605 174 6,9751,0818,0566572,9898703,859210-(1,927)(1,927)(2)-(2,013)(2,013)(141)25,898-25,8982,3841788(248)(497)123(123)(53)1,77217,400-17,4001,972947(242)(400)82(98)111,4262022 2021Total 2022 2021 2022 2021 2022 20212022 2021Communication network Automotive & transportation 2022 2021 Industrial control system (Unit: Million Baht)Others Eliminations (Unit: Million Baht)Revenue from external customers Inter segment revenues Total revenues 5,305 968 6,273 13,308 1,311 14,619 20,593 959 21,552 4,092 702 4,794 - (1,927) (1,927) -(2,013)(2,013)25,898-25,89817,400-17,4002022 2021 2022 2021Eliminations2022 2021Europe Total2022 2021 Asia (Restated) SVI Public Company Limited 227

(Restated) Revenue from external customers based on locations of the customers are as follow. The total assets of the Group based on production areas in Asia and Europe as at 31 December 2022 and 2021 were as follow: Scandinavia The United States of America Europe Multinational companies Others Total 9,744,8312,662,1244,648,8223,560,2125,282,24725,898,2366,938,7791,809,5124,529,8801,733,8172,387,61317,399,6012565 2564(Unit: Thousand Baht) During the year 2022, the Company had revenue from two major customers in amount of Baht 4,931 million and Baht 1,785 million, arising from sales by the segment of communication network (2021: Baht 3,123 million and Baht 1,380 million of two major customers, arising from sales by the segment of communication network and industrial control system).Major customers 35 Provident fund The Company and its employees have jointly established a provident fund in accordance with the Provident Fund Act B.E. 2530. The fund is monthly contributed to by employees, at the rates of 3 to 15 percent of their basic salaries, and by the Company at rates of 3 to 5 percent and will be paid to employees upon termination in accordance with the fund rules. The Funds are managed by BBL Asset Management Co., Ltd. and Kasikorn Asset Management Co., Ltd. In 2022, the Group contributed Baht 14.8 million (2021: Baht 14.1 million) (the Company only: Baht 13.9 million (2021: Baht 14.0 million)) to the fund. (Unit: Million Baht)Property, plant and equipment Unallocated assets Total assets 2,083 451 (9) (10) 2,5591,837 485 14,50617,0652,27812,80815,0862022 2021 2022 2021Eliminations2022 2021Europe Total2022 2021 Asia 36 Dividends paid Final dividends for 2021 Total for 2022 Final dividends for 2020 Total for 2021 Annual General Meeting of the shareholders on 22 April 2022 Annual General Meeting of the shareholders on 23 April 2021 0.230.230.110.11495,238 495,238 236,853 236,853 (Thousand Baht) (Baht)Dividends Approved by Total dividends Dividend per share228 Annual Report 2022

Payable within: In up to 1 year In over 1 and up to 3 years 9414118421 11 2022 2021 2022 2021Consolidated financial statementsSeparate financial statements(Unit: Million Baht)37 Commitments and contingent liabilities As at 31 December 2022, the Group had capital commitments of totalling Baht 138 million (2021: Baht 37 million), relating to the installation of machinery and equipment (The Company only: Baht 6 million (2021: Baht 37 million)).37.1 Capital commitments As at 31 December 2022 and 2021, the Group has entered into several service agreements with the terms are generally between 1 and 3 years. Future minimum lease payments required under these agreements were as follows: As at 31 December 2022, the Company has letters of credit issued by a local bank to secure a subsidiary’s loans from oversea bank amounting to EUR 7 million (2021: EUR 16.9 million). As at 31 December 2021, the Company has guaranteed promissory note of USD 10 million issued by a subsidiary (2022: Nil). 37.2 Long-term service commitments As at 31 December 2022 and 2021, the Company is committed to pay the uncalled portion of the following investment.37.3 Commitment in respect of uncalled investment As at 31 December 2022, there were outstanding bank guarantees of Baht 17 million (2021: Baht 11 million) (the Company only: Baht 11 million (2021: Baht 11 million)) issued by the banks on the behalf of the Company in respect of certain performance bonds as required in the normal course of business. These included letters of guarantee to government agency, a state enterprise and other companies. As at 31 December 2022, the Company has guaranteed long-term loan facilities of two saubsidiaries amounting to EUR 20.4 million and Baht 150 million (2021: EUR 9.1 million). 37.4 Guarantees 37.5 Letters of credit SVI Japan Company Limited JPY 19.25 million JPY 19.25 millionCompany 2022 2021a) b) As at 31 December 2022, there were outstanding bank guarantees of EUR 3.2 million issued by the banks c) to secure a subsidiary’s long-term loan. SVI Public Company Limited 229

As at 31 December 2022 and 2021, the Group had the assets and liabilities that were measured at fair value or for which fair value was disclosed using different levels of inputs as follows: (Unit: Million Baht) Assets measured at fair value Financial assets measured at fair value through other comprehensive income Investments in equity instruments Investments in debt instruments Derivatives Forward contracts Interest swap agreement Assets for which fair value are disclosed Investment properties Liabilities measured at fair value Derivatives Forward contracts Interest swap agreement 371 - - - - - - - 137 81 43 -9 - - - - - 329 - - 371 137 81 43 329 9 - 354- - - - - - -155----3----329--354155--329-32022 2021Consolidated financial statements Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 TotalLevel 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total(Unit: Million Baht) Assets measured at fair value Financial assets measured at fair value through other comprehensive income Investments in equity instruments Investments in debt instruments Derivatives Forward contracts Assets for which fair value are disclosed Investment properties 371 - - - - 137 81 - - - - 329 371 137 81 329 354- - - -155-----329354155-3292022 2021Separate financial statements38 Fair value hierarchy 230 Annual Report 2022

39 Financial instruments The Group’s financial instruments principally comprise cash and cash equivalents, trade and other receivables, loans, other financial assets, trade and other account payables, lease liabilities, short-term and long-term loans. The financial risks associated with these financial instruments and how they are managed is described below. 39.1 Financial risk management objectives and policies The Group is exposed to credit risk primarily with respect to trade and other receivables, loans, deposits with banks, other financial assets and other financial instruments, except for derivative financial instruments. The maximum exposure to credit risk is limited to the carrying amounts as stated in the statement of financial position. The Group’s maximum exposure relating to derivative financial instruments is noted in the liquidity risk topic. Trade receivables The Group manages the risk by adopting appropriate credit control policies and procedures and therefore does not expect to incur material financial losses. Outstanding trade receivables are regularly monitored and the Group does not have high concentrations of credit risk since it has a large customer base in various industries. An impairment analysis is performed at each reporting date to measure expected credit losses. The provision rates are based on days past due for groupings of various customer segments with similar credit risks. The calculation reflects the probability-weighted outcome, the time value of money and reasonable and supportable information that is available at the reporting date about past events, current conditions and forecasts of future economic conditions. Generally, trade receivables are written-off if past due for more than one year and not subject to enforcement activity. Financial instruments and cash deposits The Group manages the credit risk from balances with banks and financial institutions is managed by the Group’s treasury department in accordance with the Group’s policy. Investments are made only with approved counterparties and within credit limits assigned to each counterparty. Counterparty credit limits are reviewed by the Company’s Board of Directors on an annual basis and may be updated throughout the year subject to approval of the Group’s Executive Committee. The limits are set to minimise the concentration of risks and therefore mitigate financial loss through a counterparty’s potential failure to make payments. The credit risk on debt instruments and derivative financial instruments is limited because the counterparties are private company and banks with high credit-ratings assigned by international credit-rating agencies. Credit risk There are two types of market risk comprising of foreign currency risk and interest rate risk. The Group enters into derivative financial instruments to manage its risk exposure, including: • foreign exchange forward contracts to hedge the foreign currency risk arising on the export or import of goods; • Interest rate swaps to mitigate the risk of rising interest rates. Market risk SVI Public Company Limited 231

Foreign currency risk The Group’s exposure to the foreign currency risk relates primarily to its trading transactions and borrowings that are denominated in foreign currencies. The Group seeks to reduce this risk by entering into foreign exchange forward contracts when it considers appropriate. Generally, the forward contracts mature within one year. As at 31 December 2022 and 2021, forward exchange contracts outstanding are summarised below.USD USD 35 17 - - - - 5 January 2023 -9 March 202331 July 2023 -27 December 202334.78 - 37.74 THB/1 USD1.01 - 1.07 EUR/1 USDContractualmaturity dateSold amount (Million) Bought amount (Million) Foreign currency Sold amount (Baht per 1 foreign currency unit)Bought amount Contractualmaturity dateSold amount (Million) Bought amount (Million) Foreign currency Sold amount (Baht per 1 foreign currency unit)Bought amount Contractual exchange rate2022 USD - 2 33.53THB/1 USD- 31 May 2022Contractual exchange rate2021 As at 31 December 2022, the Group recognised the impact from change in fair value of derivatives amounting to Baht 81.4 million (2021: Baht 0.1 million) which is presented as derivative assets in the statement of financial position and recognised gain from change in fair value of Baht 81.6 million (2021: Baht 10.3 million) as presented in the part of other income under the caption of gain on exchange in profit or loss. As at 31 December 2022 and 2021, the balance of financial assets and liabilities denominated in foreign currencies are summarised below. USD EUR 171834.5636.8333.4237.89137 7 143 6 149 5 2022 2021 2022 2021Financial liabilities Average exchange rate2022 (Million) (Million) (Million) (Million) (Baht per 1 foreign currency unit) 2021 2022 2021 2022 2021 2022 2021Foreign currencies Financial assets Consolidated financial statements USD EUR 167834.5636.8333.4237.89132 7 168 5 190 6 (Million) (Million) (Million) (Million) (Baht per 1 foreign currency unit) Separate financial statements Foreign currencies Financial assets Financial liabilities Average exchange rate232 Annual Report 2022

Foreign currency sensitivity The following tables demonstrate the sensitivity of the Group’s profit before tax to a reasonably possible change in USD and EUR exchange rates, with all other variables held constant. The impact on the Group’s profit before tax is due to changes in the fair value of monetary assets and liabilities including non-designated foreign currency derivatives as at 31 December 2022 and 2021. The Group’s exposure to foreign currency changes for all other currencies is not material. Interest rate risk The Group’s exposure to interest rate risk relates primarily to its deposit at banks, other current financial assets long-term borrowings, bank overdrafts and short-term loans from banks, lease liabilities and loans. Most of the Company’s financial assets and liabilities bear floating interest rates or fixed interest rates which are close to the market rate. The Group manages its interest rate risk by having a balanced portfolio of fixed and variable rate loans and borrowings. To manage this, the Group enters into interest rate swaps, in which it agrees to exchange, at specified intervals, the difference between variable interest rate and fixed interest rate, which interest amounts calculated by reference to an agreed-upon notional principal amount. As at 31 December 2022 and 2021, significant financial assets and liabilities classified by type of interest rate are summarised in the table below, with those financial assets and liabilities that carry fixed interest rates further classified based on the maturity date, or the repricing date if this occurs before the maturity date. USD EUR +1 - 1 +1 -1 +1- 1+1-14.15 (4.15) (0.74) 0.74 (9.4)9.40.76(0.76)2022 2021Changes in the fair value of monetary assets and liabilitiesin foreign currencies (Million Baht) Depreciation / Appreciation in Baht (percent) Changes in the fair value of monetary assets and liabilities in foreign currencies (Million Baht) Depreciation / Appreciation in Baht Currencies (percent) Therefore, information is not expectation and future market prediction and should be used with care.Non-interest Within 1 year 1 - 5 years bearingTotal Effective interest rate (Percent per annum)Floating interest rate Consolidated financial statementsAs at 31 December 2022 Fixed interest rate (Unit: Million Baht) Financial assets Cash and cash equivalents Trade and other receivables Other current financial assets Derivative assets Financial liabilities Bank overdraft and short-term loans from banks Trade and other payables Lease liabilities Long-term loans from banks 715 - - - - - - 872 - - 342 - 3,027 - 27 141 - - 137 - - - 47 838 15,42437143- 5,050- - 7165,424850433,0275,050741,8510.01 - 0.35-0.17 - 4.50-0.80 - 2.10-2.15 - 8.350.50 - 4.89SVI Public Company Limited 233

Consolidated financial statementsAs at 31 December 2021 (Unit: Million Baht) Financial assets Cash and cash equivalents Trade and other receivables Other current financial assets Financial liabilities Bank overdraft and short-term loans from banks Trade and other payables Lease liabilities Long-term loans from banks Other non-current financial liabilities 574 - - - - - 1,219 - - - 120 3,140 - 27 - - - - 155 - - 34 - - 15,310354- 4,988- -35755,3106293,1404,988611,21930.01 - 0.13-0.17 - 0.501.05 - 3.10-2.15 - 8.350.83 - 2.22-Separate financial statements As at 31 December 2022(Unit: Million Baht) Financial assets Cash and cash equivalents Trade and other receivables Short-term loan to subsidiary and interest receivable Other current financial assets Financial liabilities Bank overdraft and short-term loans from banks Trade and other payables Lease liabilities Long-term loans from banks 329 - - - - - - 744 - - 1,361 342 2,720 -9 63 - - - 137 - - 11 106 - 4,3382371- 3,514- - 3294,3381,3638502,7203,514209130.01 - 0.35-2.50 - 5.000.17 - 4.501.75 - 2.10-2.15 - 4.273.20 - 4.89Separate financial statements As at 31 December 2021(Unit: Million Baht) Financial assets Cash and cash equivalents Trade and other receivables Other current financial assets Long-term loans to subsidiary and interest receivables Financial liabilities Bank overdraft and short-term loans from banks Trade and other payables Lease liabilities Long-term loans from banks 193 - - - - - - 410 - - 120 - 2,588 -8 - - - 155 713 - - 16 - - 4,560354- - 3,892- - 1934,5606297132,5883,892244100.01 - 0.13-0.17 - 0.503.00 - 3.251.10 - 1.55-2.15 - 4.171.81 - 2.11Non-interest Within 1 year 1 - 5 years bearingTotal Effective interest rate (Percent per annum)Floating interest rate Fixed interest rate Non-interest Within 1 year 1 - 5 years bearingTotal Effective interest rate (Percent per annum)Floating interest rate Fixed interest rate Non-interest Within 1 year 1 - 5 years bearingTotal Effective interest rate (Percent per annum)Floating interest rate Fixed interest rate 234 Annual Report 2022

Interest rate sensitivity As at 31 December 2022 and 2021, most of financial assets and financial liabilities of the group has frequently changed and revolving within one year. The Group’s management, therefore, considered that there may be no significant impact to the Group’s financial position and operating results from normal changes in interest rate in next one year. The Group manages liquidity risk by monitoring that current assets are higher than current liabilities and having enough credit facilities for business operation. The table below summarises the maturity profile of the Group’s non-derivative financial liabilities and derivative financial instruments as at 31 December 2022 and 2021 based on contractual undiscounted cash flows, and included interest payment in accordance with loan agreements. Liquidity risk (Unit: Thousand Baht)Consolidated financial statementsAs at 31 December 2022 Non-derivatives Bank overdraft and short-term loans from banks Trade and other payables Lease liabilities Long-term loans from banks Total non-derivatives - - - - - 3,036,874 5,050,399 29,659 485,798 8,602,730 - - 49,483735,479784,962---244,711244,711On demand Less than 1 year 1 to 5 years TotalMore than 5 years(Unit: Thousand Baht)On demand Less than 1 year 1 to 5 years TotalMore than 5 years3,036,8745,050,39979,1421,465,9889,632,403Consolidated financial statementsAs at 31 December 2021 Non-derivatives Bank overdraft and short-term loans from banks Trade and other payables Lease liabilities Long-term loans from banks Total non-derivatives Derivatives Derivative liabilities Total - - - - - - - 3,154,864 4,987,741 28,082 480,921 8,651,608 2,363 2,363 6,146- 34,890734,407775,4436,5126,512---92,40792,4073113113,161,0104,987,74162,9721,307,7359,519,4589,1869,186SVI Public Company Limited 235

(Unit: Thousand Baht)Separate financial statementsAs at 31 December 2022 Non-derivatives Bank overdraft and short-term loans from banks Trade and other payables Lease liabilities Long-term loans from banks Total non-derivatives - - - - - 2,728,476 3,513,598 9,008 399,263 6,650,345 - - 11,529517,664529,193-----2,728,4763,513,59820,537916,9277,179,538(Unit: Thousand Baht)Separate financial statementsAs at 31 December 2021 Non-derivatives Bank overdraft and short-term loans from banks Trade and other payables Lease liabilities Long-term loans from banks Total non-derivatives - - - - - -----2,597,885 3,892,130 8,672 146,574 6,645,261 - - 16,843265,208282,0512,597,8853,892,13025,515411,7826,927,312On demand Less than 1 year 1 to 5 years TotalMore than 5 yearsOn demand Less than 1 year 1 to 5 years TotalMore than 5 years236 Annual Report 2022

The Group uses foreign exchange forward contracts and interest rate swap contracts to manage some of its transaction exposures. The contracts are entered into for periods consistent with foreign currency exposure and interest rate exposure of the underlying transactions. Derivatives not designated as hedging instruments Cash flow hedges As at 31 December 2022, the subsidiary has an interest rate swap agreement in place with a notional amount of EUR 11 million (2021: EUR 5 million) which the repayment will be due in 2030, whereby the subsidiary receives a variable rate of interest of 3-month EURIBOR plus fixed rate percent per annum and pays interest at a fixed rate on the notional amount. The swap is being used for cash flow. There is an economic relationship between the hedged item and the hedging instrument as the terms of the interest rate swap match the terms of the variable interest rate loan (i.e., notional amount, maturity, payment and interest reset dates). The subsidiary has established a hedge ratio of 1:1 as the underlying risk of the interest rate swap is identical to the hedged risk component. The subsidiary considered there is no hedge ineffectiveness recognised in profit or loss.Derivatives designated as hedging instruments 39.2 Derivatives and hedge accounting Derivative assets Derivative assets not designated as hedging instruments: Foreign exchange forward contracts Interest rate swap contract Derivative assets designated as hedging instruments: Interest rate swap contract Total derivative assets Derivative liabilities Derivative liabilities not designated as hedging instruments: Interest rate swap contract Derivative liabilities designated as hedging instruments: Foreign exchange forward contracts Interest rate swap contract Total derivative liabilities 149- - 1491,467- 1,7523,21981,447--81,447----149--149----81,447 12,105 31,038 124,590 - 9,055 - 9,055 2022 2021 2022 2021Consolidated financial statementsSeparate financial statements(Unit: Thousand Baht)SVI Public Company Limited 237

The impact of the hedging instruments on the statement of financial position as at 31 December 2022 is presented in other non-current financial assets amounting to Baht 31.0 million of net book value (2021: other non-current financial liabilities amounting to Baht 1.8 million). As at 31 December 2022, the subsidiary has foreign exchange forward contracts are designated as hedging instruments in cash flow hedges of forecast purchases in US dollar. These forecast transactions are highly probable, and they comprise about 40% of total expected purchases in US dollars. The foreign exchange forward contract balances vary with the level of expected foreign currency purchases and changes in foreign exchange forward rates. The impact of the hedging instruments on the statement of financial position as at 31 December 2022 is presented in other current financial liabilities amounting to Baht 9.1 million of net book value. Since the majority of the Group’s financial instruments are short-term in nature or carrying interest at rates close to the market interest rates, their fair value is not expected to be materially different from the amounts presented in the statement of financial position. The methods and assumptions used by the Group estimating the fair value of financial instruments are as follows: During the current year, there were no transfers within the fair value hierarchy. 39.3 Fair values of financial instruments For financial assets and liabilities which have short-term maturities, including cash and cash equivalents, trade and other receivables, short-term loans to related party, trade and other payables, bank overdrafts and short-term loans from banks, the carrying amounts in the statement of financial position approximate a) their fair value. The fair value of derivatives has been determined using a discounted future cash flow model and a valuation model technique. Most of the inputs used for the valuation are observable in the relevant market, such as spot rates of foreign currencies, yield curves of the respective currencies, interest rate yield curves. The Group f) considers to counterparty credit risk when determining the fair value of derivativesThe fair value of debt securities is generally derived from quoted market prices or by using the yield curve b) announced by the Thai Bond Market Association or by other relevant bodies. The fair value of equity securities is generally derived from quoted market prices or based on generally accepted c) pricing models when no market price is available. The fair value of long-term loans is estimated by discounting expected future cash flows by the current market d) interest rate of loans with similar terms and conditions. The carrying amounts of long-term loans carrying interest at rates approximating the market rate, in e) the statement of financial position approximates their fair value. 238 Annual Report 2022

The primary objective of the Group’s capital management is to ensure that it has an appropriate capital structure in order to support its business and maximise shareholders' value and they meet financial covenants attached to the loan agreements. The Group has complied with these covenants throughout the reporting periods. As at 31 December 2022, the Group's debt-to-equity ratio was 1.63:1 (2021: 1.89:1) and the Company's was 1.22:1 (2021: 1.40:1). On 16 February 2023, a meeting of the Company’s Board of Directors passed a resolution to propose the dividend payment to shareholders of Baht 0.26 per share, or a total of Baht 559.8 million, from the Company’s 2022 operating results. This will be proposed to the 2023 Annual General Meeting of the Company’s shareholders for approval on 21 April 2023. The dividend payment is to be paid on 16 May 2023. Approval of consolidated financial statements These consolidated financial statements were authorised for issue by the Company’s Board of Directors on 16 February 2023. 42 41 Event after the reporting period 40 Capital management SVI Public Company Limited 239

Details of directors, executives, controlling persons, the person assigned to take the highest responsibility inAccounting and Finance, the person assigned to take direct responsibility for accounting supervision, the Company’ssecretary and the representative for contact and coordination in case of a foreign company(Details as of 31 December 2022) Details of Directors, Executives, Controlling Persons, are provided in the section “Directors and Management”of this report. For the person taking the highest responsibility in finance and accounting and the person supervising accountingis Mr. Apirak Saengsie who is also the Management of the Company. His details are provided “Directors and Management”of this report. Mr. Thaphop Kleesuwan The Company’s secretary Date of appointment 1 June 2018 Age 62 years Education LL.B., Chulalongkorn University Barrister-at-Law, Institute of Legal Education Thai Bar Association LL.M. (Laws in Taxation), DePaul University, Chicago, Illinios, U.S.ATraining - Company Secretary Program - Effective Minutes Taking - Director Certificate Program (DCP 316/22) Work experience 2018 - Present Company’s secretary, SVI Public Company Limited 1999 - 2017 Executive Vice President, Office of the President and Compliance, CIMB Thai Bank Public Company Limited 2004 - 2017 Company’s secretary, CIMB Thai Bank Public Company LimitedShareholding Ratio in the Company (%) -NoneFamily Relationship with Director and Executive -NoneDetails of roles and responsibilities of the Company Secretary are provided in section 2 of this report in “Othersignificant information” Attachment Attachment 1 240 Annual Report 2022

Reamrk : A = Chairman of the Board Director B = Chairman of the Audit Committee C = Chairman of the Nomination and Compensation Committee D = Chairman of Risk Management Committee E = Chairman of Corporate Governance Committee and Sustainable Development CommitteeF = Director G = Audit Committee H = Nomination and Compensation Committee I = Corporate Governance Committee and Sustainable Development CommitteeJ = Director of subsidiary which has the revenue more than 10% of consolidated revenue according to the latest year financial statement Details of the directors of the company and subsidiaries SVI Public Company LimitedSVI (Austria) GmbH1. Mr. Prasert Bunsumpun 2. Mr. Threekwan Bunnag 3. Mr. Chatchaval Jiaravanon 4. Mr. Sopon Punyaratabandhu 5. Mr. Chatchawal Eimsiri 6. Mr. Ralph Robert Tye 7. Mr. Somchai Siripanyanon 8. Mr. Grill Gerold A,CB,D,F F,HE,F,GF,H,I F,G,I F - JAttachment 2 SVI Public Company Limited 241

Details of the Heads of the Internal Audit Details of Outsourced Internal Auditor SVI appointed Deloitte Touche Tohmatsu Jaiyos Advisory Co., Ltd. As an outsourced internal auditor to conduct quarterly internal audits. The qualification and experience of working team are as follows: Kaysarin is a Director of Risk Advisory in Thailand. She is an experienced risk management professional from various industries, including technology, fast moving consumer goods, retails and services industries. She also has over16 years of in-depth experiences with multinational corporations in Thailand, Southeast Asia, Middle East and United States. Kaysarin has been engaged in internal auditing and performing reviews of corporate governance, risk management, internal controls and compliance. She has been involved in reviews of anti-corruption and privacy controls, as well asbusiness continuity planning of business processes. Other Position in SVI None Family relationship among Director and Executive None Kaysarin Angkanurakbun Director of Risk Advisory, Deloitte Touche Tohmatsu Jaiyos Advisory Co., Ltd. Education • Certified Public Accountant (CPA) • Certified Internal Auditor (CIA) • M.Sc. in Accountancy, University of Illinois at Urbana-Champaign, USA• B.Sc. in Accounting, Thammasat University, Thailand Working experience in the past 5 years 2019 - Present Director of Risk Advisory, Deloitte Touche Tohmatsu Jaiyos Advisory Co., Ltd. 2561 - 2562 Group Compliance Manager, APAC Microsoft (Thailand) Limited 2556 - 2561 Manager, Internal Controls and Compliance Philip Morris (Thailand) Limited Attachment 3 242 Annual Report 2022

SVI Public Company Limited 243Poorvi is a Manager in the Internal Audit Practice of Risk Advisory department, Deloitte at Bangkok office. Prior to joining Deloitte Thailand, Poorvi started work with KPMG in Singapore with Assurance Services for 4 years, before joininga multi-national company, Singapore Telecommunication in the Internal Audit Department. Thereafter, she joined BDOChartered Accountants & Advisors in Dubai, United Arab Emirates in Risk Consulting and finally BDO Limited (Thailand) inthe Internal Audit Department. For the past 10 years, Poorvi has spent much of her time around gaining skills in financialand operational audit and compliance reviews. Poorvi has focused in providing value-added internal audit services by assessing and reviewing the adequacy andeffectiveness of internal controls and making necessary recommendations for improvement opportunities which couldenhance efficiency and effectiveness. In addition, evaluating the design and operating effectiveness of their internal controls. Assets for business undertaking and details of asset appraisal Details of assets for business undertaking and details of asset appraisal are provided in section 1 of this report in“Business Asset” Policy and guidelines on corporate governance and code of business conduct The Company provided the information on the company’s website on the investor relation section which can be accessed https://investor-th.svi-hq.com/ Report of the Audit Committee Report of the Audit Committee is provided in the section 2 of this report in “Summary of the results of dutyperformance of subcommittees” Attachment 4 Attachment 5 Attachment 6 Poorvi Doshi Manager, Deloitte Touche Tohmatsu Jaiyos Advisory Co., Ltd. Education Bachelors in Accounting, University of Wales, Cardiff Association of Chartered Certified Accountants (ACCA), United KingdomWorking experience in the past 5 years 2013 - Present Manager Deloitte Touche Tohmatsu Jaiyos Advisory Co., Ltd.

244 Annual Report 2022