2. Organization GC strives to cultivate a Fit, Fast, Flexible & Effective approach to work and has thus established its “Ideal Organization” goals in line with its business strategies both at present and in the future. Key activities in this regard in 2023 can be summarized as follows. 2.1 Organizational Restructuring in Alignment with Long-term Strategies GC has restructured itself into an “Ideal Organization” in alignment with its long-term strategies. As GC has significantly expanded its scope of operation, particularly with regard to High-Value Products (HVPs) and international business expansion, it has researched and designed a new organizational structure that would be on par with global leading companies in the industry to optimize its processes, better cater to customer needs in each business unit, enhance operational efficiency and efficacy, as well as reduce short-term and long-term costs. In support of this restructuring and ensuing shifts, change management has been implemented to create a smooth transition, minimize risks and potential impacts, and foster employees preparedness, thus ensuring that the executives and employees can take on new duties without problems. 2.2 Work from Anywhere (WFA) GC has instituted working from anywhere (WFA) as a standard mode of work for office employees, starting from 2023 onwards. This is to ensure that GC’s work practices are flexible, agile, and adaptable to changing circumstances and accommodate the new normal and that GC can attract new generations who prioritize work flexibility and the ability to achieve work-life balance. Furthermore, GC regularly conducts surveys to gather employees’ feedback on various aspects of work, wellbeing, and self-development, so that employees can work from anywhere efficiently and achieve a work-life balance. 3. Culture GC drives GC SPIRIT 4 Core Behaviors through communication, day-to-day activities, and fundamental systems in order to foster an understanding among employees and enable them to adopt the behaviors as part of their daily life and propel the Company towards its goal: “To be a Leading Global Chemical Company for Better Living.” In 2023, GC continued to strengthen its efforts to drive the organizational culture among employees at all levels, with all the executives serving as role models and inspirational leaders through various activities. An example of such activities was a GC SPIRIT 4 Core Behaviors review workshop for GMC-level. The theme for the fostering of the organizational culture for the years 2023-2024 was also changed to “Conviction to Change: Speed to Global Mindset,” which was an extension of the previous year’s theme “Global Mindset.” In addition, GC developed an action plan where GMC-level shared their stories to cultivate GC SPIRIT 4 Core Behaviors based on the theme “Conviction to Change: Speed to Global Mindset” within their functions through GMC Leadership Showcases, where they communicated GC’s vision, missions, and business direction to educate and inspire employees and effect tangible changes in elevating the Company’s operation towards international standards, with emphasis placed on change, speed, and the global mindset as drivers of success in achieving business goals in a continuous and sustainable manner. In addition to the executives, who served as role models to ensure the continuous and efficient advancement of the organizational culture, GC also had a robust GC SPIRIT Committee and Change Agents, who joined hands to carry out various activities, such as Change Agent Onsite Outing, in which Change Agents familiarized themselves with each other, exchanged their experience, and acknowledged the policy for advancing the organizational culture and the culture theme for the year 2023. They were also given guidelines on planning and conducting initiatives for driving GC SPIRIT 4 Core Behaviors in their departments and functions. Another series of activities was Change Agent Chit-Chats, which consisted of Chit-Chat by Line of Business, Special Chit-Chat by Special Guest, and and CA Showcase, in which Change Agents gathered and exchanged their perspectives, opinions, as well as approaches and examples from each function that could be applied to produce tangible changes in their departments and functions. 171 PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED Form 56-1 One Report 2023
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