Bangkok Bank PCL

The Bank designed organization structure to support environmental, social and governance (ESG) performance including those related to climate as well as defining roles and responsibilities from the Board level to operational level to ensure that its management of risks and opportunities related to ESG and climate is efficient and effective in accordance with the Bank's policies and strategies including sustainability and climate change policy guidelines of regulatory agencies. [...] Board of Directors is responsible for formulating and reviewing vision, policies, business directions, business goals and strategies as well as overseeing all risks in the organization by playing a key role in formulating the risk management policy and strategy and monitoring the Bank's risks to be within acceptable levels. The Board of Directors holds meetings at least once a month. [...] Risk Oversight Committee has a duty to ensure that risk management is properly and continuously undertaken with efficiency and effectiveness in accordance with overall risk management policy and strategy covering the management of key risks of the Bank including ESG risks and climate-related risks. The Risk Oversight Committee holds meetings at least once every quarter. [...] Corporate Governance Committee is responsible for upholding good corporate governance and sustainability in the Bank by ensuring that the principles of good corporate governance and sustainability are practiced. The committee is also responsible for considering a sustainability strategy that suits the Bank's business operations, driving and monitoring progress as well as giving opinions to the Board of Directors on the risks and opportunities relating to ESG and climate issues. The committee's meetings are held on a quarterly basis to deliberate matters. [...] The Management is responsible for driving and administering the operations in accordance with the policies, strategies and goals approved by the Bank's Board of Directors, including considering and determining operational guidelines, action plans, work systems, work processes, as well as managing human resources and other resources appropriately. ESG factors including climate are to be incorporated into assessing and managing risks and seeking business opportunities to ensure we achieve the set goals. [...] In 2023, the Bank had discussions at relevant committees' meetings on issues related to climate management that includes the Bank's risk management covering risk factors related to ESG and climate change as well as organizing knowledge sharing activities on ESG issues and climate change for executives and employees.

Participation as a Member of Organizations and Networks The Bank prioritizes support and collaboration with different sectors to support the country's sustainable growth as well to attain Thailand's greenhouse gas reduction targets and goals according to the Paris Agreement by participating as a member of various organizations and by sending our executives to serve as directors in committees or as members of working groups in business networks or associations to provide policy recommendations to government agencies on climate change mitigation and energy transition toward renewable energy and clean energy. We also promote and support various sectors to transform to a low-carbon economy according to Thailand's goals through various initiatives, knowledge-sharing activities and public relations. Key committees and working groups include: - Sustainable Development Working Group, Energy Working Group and Climate Change Sub-Working Group of the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB). - Committee on Energy, Thai Chamber of Commerce. - Renewable Energy and Carbon Credit Exchange Committee. - Sustainability Working Group and Transition Plan Working Group of the Thai Bankers' Association. Note that participation in the aforementioned committees or working groups of our executives must be approved by the management and participation as a member of business networks or associations must be approved by the Board of Directors through a consideration of objectives and activities of business networks or associations to be in alignment with the Bank's goals, policies and business conduct, including benefits for society at large from the membership. The Bank has continued to develop partnerships with various organizations and networks through financial support in the form of membership fees and donations for activities that help strengthen the economy and society and to support the sustainable development of financial institutions, the business sector and the country while refraining from supporting political activities or lobbyists. In 2023, the Bank provided monetary support to organizations and networks totaling Baht 47.54 million.

Our Corporate Governance Committee has been given an important role by the Board of Directors to help us deliver our sustainability goals. It is tasked with ensuring our business operations comply with our sustainability policy and strategies as well as monitoring the progress of overall operations and reporting the results to the Board. In addition, our Sustainability Team, under the Office of the President, drives our sustainability performance by developing directional plans, as well as communicating, supporting and collaborating with relevant parties inside and outside the organization. [...] To ensure that the Bank's sustainability undertaking is clear, systematic and consistent with established policies, we have defined roles and responsibilities of related parties from committees to the operational level. At the committee level, the Bank has appointed the Corporate Governance Committee to set directions on sustainability in accordance with the Bank's business direction, to track and monitor overall progress related to sustainability and report the sustainability performance to the Board of Directors on a regular basis. At the operational level, the Sustainability Team under the Office of the President is responsible for planning and driving sustainability practices to achieve the Bank's sustainability goals through communication, support and collaboration with internal and external parties. [...] The Bank has established a responsible lending policy which entails setting up an exclusion list of loan applicants or activities that the Bank does not provide credit support to, developing ESG risk management processes, and fostering effective ESG risk management in our lending process among executives and staff in relevant departments in order to prevent negative impacts on society, the environment and the Bank's reputation. To ensure efficiency and effectiveness in its responsible lending management, the Board of Directors is charged with the responsibility for formulating policy and strategies and monitoring responsible lending operations. The Corporate Governance Committee and the Risk Oversight Committee have the responsibility to provide necessary support to the Board of Directors while executives and staff in related departments are responsible for implementing policy and driving the Bank's strategic operations. Furthermore, the Bank consults with external experts on key ESG risks and also provides opportunities for stakeholders to express their opinions on the potential ESG impacts of the Bank's lending through its contact channels. Advice, comments and information received are used for reviewing and keeping the Bank's policy, strategies and practices on responsible lending up-to-date while ensuring they adequately cover significant ESG risks.

We do not support and are not directly or indirectly involved in any activity related to lobbyists, political contributions, political parties, political candidates, or political influencers.