IRPC Annual Report 2023

Sustainability Management Policy, Strategies and Goals Sustainability Management Policy IRPC Group’s Sustainability Management Policy has been established as a guideline for sustainable management practices of the company, in alignment with internationally accepted standards, along with a strategy to develop operational practices that take into consideration Environmental, Social and Governance Enhancement. The policy is also in conformance with the United Nations Sustainable Development Goals. The first edition of the sustainable policy was announced in 2015, and has been continually updated. In 2021, the sustainability policy was amended to expand the scope of sustainability management in the case of overseas operations. This current policy and its guideline remain relevant and applicable for address emerging issues in 2023. Key Points of the Sustainability Management Policy Sustainability Management Policy of IRPC Public Company Limited and Subsidiaries (IRPC Group) Implement business transformation towards low-carbon society alongwith environmentally friendly operations that use resources wisely, while controlling and reducing impact of business to ecosystem and biodiversity as well as mitigating impact of and adapting to climate change. Operate business with responsibility, taking into account the importance of upholding human rights, labor rights, safety, and hygienic standards, and maintaining good working environment, along with continuous human resource development to ensure employees improve and acquire new capabilities and needed skills. Make full use of the corporate expertise to create shared values and improve the quality of life of the community to grow sustainably. Comply with the principles of good corporate governance, act with integrity, obey the law, honor commitments and requirements of the country we operate in, as well as following international best practices. Establish public disclosure to ensure operational transparency, implement risk management, adapt to changes in a timely manner, identify suitable opportunities for sustainable business growth, mitigate impact of business operations throughout the entire supply chain, and adopt a balanced approach to stakeholder engagement. 105 Business-Driven Sustainability 56-1 ONE REPORT 2023

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