Dear Shareholders,

The Governance Committee consists of three members who have experience in good corporate governance of companies listed on the Stock Exchange of Thailand, with independent directors as a majority* and the Chairman. The Governance Committee acts independently and strives for the Company to be a company with good corporate governance on par with international standards and in accordance with the objectives of the Governance Committee Charter, which is reviewed annually. The Governance Committee is responsible for overseeing the policies and framework in matters of good governance and overseeing the Group's reputation and interests.

The performance and opinions of the Governance Committee for the year 2024 can be summarized as follows:

1. The Governance Committee held two meetings in accordance with its Charter, with all three members attending each meeting. In 2024, the Governance Committee completed its responsibility under the Governance Committee Charter. For the 2024 evaluation, which conducted both self-evaluation and cross-evaluation by other directors, the result of cross-evaluation was 14 out of 15 scores and the Governance Committee expressed satisfaction with their performance.
2. In 2024, the Governance Committee is pleased to report to the Shareholders that the Company has still obtained the “excellent” rating for corporate governance from the IOD for the ninth consecutive year and has been chosen for inclusion on the Stock Exchange of Thailand's Sustainable Stock List in the SET ESG Rating Program for the sixth consecutive year. Additionally, the Company still maintained its recertification in the Coalition for Private Sector Collective Action Against Corruption. This reflects the Company’s excellent corporate governance and boosts the confidence of stakeholders.
3. The Governance Committee monitored and reported to the Board of Directors the changes to the Stock Exchange of Thailand and Securities and Exchange Commission of Thailand’s requirements, as well as provided analyses on impacts to the Company that accompanied these changes.
4. The Governance Committee provided recommendations to Management in relation to corporate governance guidelines for implementation and disclosure, to enhance the confidence of shareholders and stakeholders.

As a result, considering the Group’s corporate governance performance in various areas, the Governance Committee has the opinion that the trust of the shareholders and stakeholders in the Group’s good corporate governance and culture is well placed, and these strengths will lead to the Company’s continued sustainable growth.