Corporate Governance and Business Ethics

Sustainability Performance Results

Governance Dimension

Good Corporate Governance and Business Ethics

The Board of Directors has therefore formulated a good corporate governance policy and a written code of conduct manual, both of which are to be considered as an operation framework for the Group personnel. Thanachart Group’s member companies are required to apply such guidelines to match the nature of their business by adhering to morality, integrity, and practices in conformity with relevant laws. A review of the good corporate governance policy and the code of conduct manual is required at least once a year. The Board of Directors is responsible for regulating and monitoring the Company's business operations in accordance with its strategies, objectives, goals, regulations, resolution of the shareholders' meeting, and good corporate governance principle. In addition, the Board shall also regulate to ensure that Thanachart Group has a sound risk governance framework, adequate audit process, internal control system, risk management, and managerial regulation in line with current and future business situation. This is intended to facilitate the Group’s operation in successfully implementing its policies, goals and business plans as well as meeting the expectation of all stakeholders.

Each Director has a wide range of knowledge and abilities, including those applicable to the business operation of the Company and also to related businesses. As a result, the performance of the Company directors is efficient.

The Company's Board of Directors has conducted a review of its corporate governance structure, focusing on aspects such as size, composition, appropriate proportions of Independent Directors, and ensuring a diverse board with members possessing a variety of skills, experiences, abilities, and unique qualities, including considerations for gender and age. This is essential to achieving the organization's objectives and main goals. Furthermore, the board is tasked with overseeing the transparent and clear processes for the recruitment and selection of Directors and top executives. This ensures that the qualifications align with the specified criteria and provides confidence that the composition and operations of the board enable the exercise of independent judgment in decision-making. In this regard, the Company has also given shareholders an opportunity to nominate individuals for consideration as Directors during the regular annual shareholders' meeting.

In order to fulfill the corporate governance objectives,
the Board has appointed four sub-committees

Audit Committee

Nomination, Remuneration, and Corporate Governance Committee

Risk Oversight Committee

Executive Committee

The Company's commitment to good governance and its tangible progress in driving sustainability have resulted in international recognition in 2025.

as part of the Corporate Governance Report of Thai Listed Company (CGR)

its 5-star level

This recognition has been repeated for 10 consecutive years.

for the third consecutive year.

ESG 100 Certificate

These achievements reflect the Company’s commitment to conducting business responsibly toward stakeholders under the principles of good corporate governance, while taking into account environmental, social, and governance dimensions in a sustainable manner.