Vision, Mission and Corporate Strategies 02 Financial Highlights 08 Awards and Recognitions 10 Major Events and Activities in 2021 12 Message of the Chairman 22 CONTENTS 24 BUSINESS OPERATION AND PERFORMANCE Business Structure and Operation 26 Business Structure 28 Business Value Chain 30 Nature of Business 35 - Refinery and Shared Facilities 36 - Aromatics 38 - Olefins 40 - EO-Based Performance Business Unit 42 - Phenol Business Unit 44 - Polymers Business Unit 46 - Green Chemicals Business Unit 49 - Performance Materials and Chemicals 54 - Services and Others 57 Market and Competition 59 Shareholding Structure in Subsidiaries 70 and Affiliates Securities 74 01 114 CORPORATE GOVERNANCE Corporate Governance Policy 116 Corporate Governance Structure and Material Facts 132 - Organization Structure 132 - Board of Directors 133 - Sub-Committees 139 - Executives 142 - Employees 146 - Other Important Information 152 Corporate Governance Report 162 Audit Committee Report 188 Report of the Corporate Governance 191 and Sustainability Committee Report of the Nomination 194 and Remuneration Committee Report of the Risk Management Committee 196 Internal Control and Connected Transactions 198 02 Issuance of Other Securities 74 Dividend Payment Policy 75 Risk Management 76 Driving Business Towards Sustainability 88 Management Discussion and Analysis 97 Company Information 112 and Other Important Information
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