GC One Report 2023 [EN]

Report of the Corporate Governance and Sustainability Committee Dear Shareholders, The Corporate Governance and Sustainability Committee places great emphasis on ensuring GC’s compliance with corporate governance and sustainable development guidelines and has continuously strived to achieve an Environmental, Social, and Governance (ESG) balance in line with international standards. The Corporate Governance and Sustainability Committee comprises its Chairman, Professor Somkit Lertpaithoon, and its members, namely Mr. Patchara Anuntasilpa, and Mr. Chadil Chavanalikikorn, Mr. Surachai Achalaboon, and Police Colonel Dusadee Aryawuit. In 2023, the Committee performed its duties as stipulated in the Corporate Governance and Sustainability Committee Charter and executed tasks as assigned by the Board of Directors. The Committee held a total of nine meetings and convened two additional meetings with the Risk Management Committee. A summary of its activities is provided below. 1. Corporate Governance 1.1 Ensuring Compliance with Requirements, Laws, Rules, Regulations, and Best Practices Overseeing and monitoring GC Group’s corporate governance to ensure compliance with international standards and criteria set forth by domestic regulatory agencies. Overseeing the organization of the 2023 Annual General Meeting of Shareholders via an electronic means (e-AGM) to ensure compliance with applicable AGM-related laws, corporate governance principles, and best practices. To this end, GC received the “Excellent” assessment score of 100 on the 2023 AGM checklist from the Thai Investors Association (TIA) for a 12th consecutive year. Offering guidelines for establishing criteria for allowing shareholders to propose meeting agenda items and nominate candidates for election as Director of the Company in advance of the 2024 Annual General Meeting of Shareholders. Supervising GC’s disclosures to ensure their timeliness and the completeness and accuracy of the material information disclosed in accordance with the criteria stipulated by regulators, i.e., Form 56-1 One Report, Integrated Sustainability Report, and other information published on the Company’s website. As a result, in 2023 GC received an “Excellent” rating on the Corporate Governance Report of the Thai Listed Companies (CGR) of Thai Institute of Directors Association (IOD) for a 12th consecutive year. Monitoring and providing recommendations on corporate governance assessments by external regulators, such as the Corporate Governance Report of Thai Listed Companies (CGR) and the AGM Checklist. Reviewing the appropriateness of the adoption of the Corporate Governance Code for Listed Companies 2017 (CG Code), providing comments and suggestions to the Board of Directors to improve and develop their performance of duties in accordance with the business situation and context, and disclosing relevant information in Form 56-1 One Report. Successfully encouraging 10 business partners to join CAC declaration, thus earning GC a CAC Change Agent Award; and monitoring the progress of GC’s subsidiaries in becoming members of the Thai Private Sector Collective Action Against Corruption (CAC). 212

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