Corporate Strategies, Vision, and Mission 10 Financial Highlights 16 Awards and Recognitions 18 Major Events and Activities in 2023 20 Message of the Chairman 30 Contents 1 Business Structure and Operation 34 Business Structure 36 Business Value Chain 38 Nature of Business 42 >> Upstream 44 >> Intermediates 48 >> Polymers and Chemicals 52 >> Bio and Circularity 56 >> Performance Chemicals 61 >> Services and Others 66 Market and Competition 67 Shareholding Structure in Subsidiaries 78 and Affiliates Securities 83 Issuance of Other Securities 83 Dividend Payment Policy 85 Risk Management 86 Driving Business towards Sustainability 98 Management Discussion and Analysis 110 Company Information 128 and Other Important Information 2 BUSINESS OPERATION 32 AND PERFORMANCE CORPORATE 130 GOVERNANCE Corporate Governance Policy 132 Corporate Governance Structure 150 and Material Facts >> Organization Structure 150 >> Board of Directors 151 >> Sub-Committees 157 >> Executives 161 >> Employees 165 >> Other Important Information 174 Corporate Governance Report 184 Report of the Audit Committee 208 Report of the Corporate Governance 212 and Sustainability Committee Report of the Nomination 216 and Remuneration Committee Report of the Risk Management Committee 219 Internal Control and Connected Transactions 221
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