Corporate Governance

Goal 5

Gender Equality

Goal 10

Reduced Inequalities

Goal 16

Peace, Justice and Strong Institutions

Goals

The company achieved an “Excellence CG Scoring” rating for the eighth consecutive year in 2025,

as assessed by the Thai Institute of Directors (IOD) through its Corporate Governance Report of Thai Listed Companies (CGR).

ESG Performance Data

Commitment, Challenge and Opportunity

The Company is committed to conducting business in accordance with the principles of Good Corporate Governance (GCG) — emphasizing transparency, fairness, and accountability to all stakeholders. This commitment aims to strengthen trust and ensure sustainable growth for the organization.

The company continuously develops effective governance mechanisms, including organizational structure, risk management, and adherence to business ethics. One of the main challenges lies in maintaining robust governance standards amid the evolving business landscape and increasingly complex regulations.

Nevertheless, the company sees this as an opportunity to enhance transparency, reinforce an ethical corporate culture, and position itself as a leading model for corporate governance in the Thai industrial sector.

Management and Operational Approach

The company operates under the principles of Good Corporate Governance, in line with the CG Code 2017 established by the Securities and Exchange Commission (SEC) of Thailand. It has established clear policies and guidelines in its Business Code of Conduct for directors, executives, and employees at all levels to follow. Risk management, internal control, and compliance with applicable laws and regulations are implemented rigorously.

Additionally, the company promotes open communication and stakeholder engagement to ensure that governance practices remain effective, transparent, and aligned with ethical and sustainable principles.