IRPC Annual Report 2023

Awards in Recognition of Good Corporate Governance IRPC continued to make progress strengthening and raising standard of its corporate governance. As a result, in 2023, the company received a number of awards in recognition of good corporate governance as follows: • Excellent CG Rating for 15th consecutive year under the Corporate Governance Report of Thai Listed Companies (CGR) Survey 2023 by Thai Institute of Directors Association (IOD) sponsored by the Stock Exchange of Thailand. This reflects IRPC’s continually improving corporate governance standard and its focus on ESG (Environmental, Social and Governance) to inspire confidence among stakeholders. • Excellent rating, scoring full mark of 100 in the assessment against the AGM Checklist of the Thai Investors Association. • Golden Peacock Global Award for Excellence in Corporate Governance 2023 from the Institute of Directors (IOD), India (announced on September 12, 2023) in recognition of the company’s outstanding corporate governance mechanisms and business operations guided by code of business conduct. • Outstanding Award for “Human Rights Model Organization” for 2022 in large business category (announced on September 22, 2023), marking the 5th consecutive year, the first private enterprise in Thailand ever to have achieved such a feat, from the Rights and Liberties Protection Department, Ministry of Justice. • Award of Commendation for Transparent Organization from Police General Dr. Watcharaphol Prasarnrajkit, President of the National Anti-Corruption Commission (NACC). This is testament to IRPC’s adherence to transparency and accountability in the way it does business, guided by good corporate governance and code of business conduct. The company is also recognized for its effective measures to suppress corruption and conflicts of interest. • Plaque of Appreciation as a member of the private sector network that supports conservation and development of community forests, from Mr. Varawut Silpa-archa, Minister of Natural Resources and Environment on May 24, 2023. This is in recognition for IRPC’s contribution to “Cultivate Conservation Mindset to Preserve Community Forest” under the “Plant and Protect” project in Ban Khok Phluang community forest area, Chakrat District, Nakhon Ratchasima Province. The reforestation project covering an area of 10 rai aims to create a community forest over 10 years, as part of the effort to create economic value at the community level through conservation of the ecosystem, to mitigate adverse effects of global warming. • Certificate of accreditation to renew membership of the Thai Private Sector Collective Action Against Corruption (CAC) for the third time at CAC Certification Ceremony 2023: Success Story for Sustainability at Queen Sirikit National Convention Center from the Thai Institute of Directors Association (IOD). • CAC Change Agents Award from the Thai Private Sector Anti-Corruption Coalition (CAC), for inviting IRPC’s suppliers to declare their intention to join the CAC. • IRPC’s Smart Farming Project, Yai Da-Jae Boonchuen Garden, Rayong Province, received Royally-bestowed Outstanding Thai Tourism Industry Awards: (1) Learning & Doing Destination category and (2) Low Carbon & Sustainability Destination category of the Tourism Authority of Thailand (announced on September 27, 2023). The awards were granted in recognition of tourism products and services that meet sustainability standards in terms of social responsibility and environmental stewardship. IRPC has brought together the good governance body of knowledge and sustainable management excellence and combine them with local wisdom to inspire local entrepreneurs to improve tourism product and service quality to the next level. This eco-tourism approach is in alignment with Thailand’s tourism industry’s newly developed “White Tourism” segment. 215 Corporate Governance Policy 56-1 ONE REPORT 2023

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