What happens next?

How to give a thank you speech
Start with an expression of gratitude.
Right off the bat, you can start by saying thank you for the award or honor you're receiving. An acknowledgement of why you're giving the speech is the most natural way to start.
Your expression of gratitude will set the tone for the rest of your speech. As you decide exactly what you want to say, take the following factors into account : The type of honor you're receiving.