Page 133 - 56-1 One Report 2022 EN

Part 2 Corporate Governance

a good atmosphere and safe working environment for all employees. The Company strictly complies with labor
laws as addressed in the Sustainable Development Policy and Code of Conduct.

7. Human rights
The Company supports and respects human rights and will operate its business based on the principles and
intention of the Universal Declaration of Human Rights under the auspices of the United Nations. Under no
circumstance will the Company take part in any action which is against the principles of human rights such as
freedom of thought commenting religious expression and the right to peaceful assembly including a condition free
from discrimination in areas such as race, age, nationality, gender or sexual orientation. The Company is part of
achieving the Sustainable Development Goals (SDGs) of the country and the world. The Company has also
specified compensation measures in its “business ethics” manual for cases where the stakeholders incur damage
from a violation of stakeholders' legal rights as addressed in the Sustainable Development Policy and Code of
Conduct.

8. Competition in business
The Company has the policy to support and promote free and fair competition in business. It has no policy to resort
to competition in business in any form that would acquire information from competitors in an unlawful or unethical
manner as further referenced in the Code of Conduct.

9. Anti-corruption practices
The Company intends to conduct the business in a transparent, ethical, and legal manner, including opposing all
forms of corruption and complying with all anti-corruption laws in Thailand as well as in any other countries or
territories where the Company may have business interests or operations. The Company has an Anti-Corruption
Policy and put in place an internal compliance and control program to prevent and monitor corruption risks such
as; political support, charitable donations and sponsorships, facilitation expenses, gifts, and entertainment
expenses to companies and related business persons etc. in which all directors, executives, and employees must
acknowledge and adhere to strictly, including the implementation of activities that encourage and promote all
employees to follow the policy through E-Learning and conduct examination regularly. The Company has disclosed
an Anti-Corruption Policy on www.thaicom.net under Corporate Governance > Good Corporate Governance of
Thaicom > Anti-Corruption.

10. Observance of the law, rules and regulations
Directors, executives, and employees must operate and strictly follow the business in agreement with the
Company’s Articles of Association, applicable laws, rules, and regulations. They must not, under any
circumstances, knowingly participate in or take any action that is in violation of these regulations.

11. Political activities
The Company has an Unbiased Political Policy for acknowledgment and strict adherence by directors, executives,
employees, and staff of the group under the sections of the Anti-Corruption Policy related to political sponsorship,
as well as in accordance with the Company's Code of Conduct.

Part 2 page 10