SUSTAINABLE DEVELOPMENT

The Corporate Governance and Sustainable Development Committee, as a vital sub-committee responsible for establishing policy foundations, has closely monitored and supervised the Company’s ESG performance in all dimensions. Over the past year, the Corporate Governance and Sustainable Development Committee reviewed and enhanced policies related to corporate governance and sustainable development to ensure they remain updated and aligned with international standards, serving as a robust cornerstone for the organization’s long-term stability and growth.

In the environmental dimension, the Company has established definitive and Key Performance Indicators (KPIs) to ensure that every business unit contributes to reducing greenhouse gas emissions through our Decarbonization Pathway. We focus on increasing energy efficiency and transitioning to clean energy to achieve Carbon Neutrality by 2030, in line with Thailand’s Nationally Determined Contributions (NDCs). Additionally, we have laid the foundation for Green Procurement by integrating it into the corporate Procurement Policy. This initiative aims to build a network of partners committed to delivering eco-friendly products and services, acting as a powerful force in driving decarbonization throughout our value chain in a concrete manner.

Furthermore, Singha Estate Group has demonstrated continued success in its biodiversity management goals, as evidenced by several international initiatives implemented with concrete results. Notably, the CROSSROADS Maldives project has successfully maintained its status as an 'Other Effective Area-Based Conservation Measures' (Candidate OECMs) for the second consecutive year, encompassing over 1.7 million square meters of precious marine ecosystems. This reflects S Group’s unwavering commitment to preserving the abundance of marine resources for future generations. It also serves as a clear testament to the significant leading role of the private sector in driving international biodiversity conservation, in alignment with the '30x30' goal under the Global Biodiversity Framework.

On the social dimension and creating shared value with communities, the Company is dedicated to promoting sustainable local employment and income distribution. Over the past year, S Angthong Industrial Estate Project has played a pivotal role in fostering job creation and stimulating the local economy by attracting investments from operators in the technology and food industries. This has resulted in employment opportunities for surrounding communities, enhanced local labor skill development, and established long-term financial security for households. In parallel, our hospitality business has supported products derived from community wisdom and selected local raw materials to create unique experiences for our customers. This not only celebrates local cultural identity but also serves as a vital mechanism in improving quality of life and mitigating migration, reflecting our business philosophy of social responsibility and continuous inclusive growth.

Regarding corporate governance and anti-corruption, the Corporate Governance and Sustainable Development Committee strictly and systematically monitors policy compliance, using transparency and accountability as our core standards. We emphasize the practical transfer of knowledge through business ethics and anti-corruption training for personnel and partners at all levels. These initiatives cultivate an organizational culture of integrity, reinforcing "Trust" as our core value and the bedrock of our enduring confidence among stakeholders.

As a result of our disciplined execution and foundational strength, Singha Estate was honored with a "AAA" SET ESG Rating in 2025—the highest attainable level within the property and construction industry. This achievement is not merely a point of pride but a significant validation of our success in embedding ESG into our business strategy, inspiring us to continually elevate our sustainability standards.

In closing, on behalf of Singha Estate Public Company Limited, we reaffirm our pledge to pursue economic growth anchored in balance. By operating with social and environmental responsibility and adhering to the highest principles of governance, we are committed to leading our organization, the environment, and all stakeholders toward a resilient and sustainable future in an ever-changing world.