Human Rights

The company recognizes the importance of respecting human rights as a fundamental basis for conducting business. We firmly believe that treating all individuals with equality and without discrimination is a fundamental cornerstone for building a sustainable organization. In alignment with this principle, the company has established a clear and comprehensive Human Rights Policy to guide our operations and to ensure effective communication with employees, business partners, allies, and all relevant stakeholders.

The Company recognizes the importance of respecting human rights as a fundamental basis for conducting business. At the Board of Directors’ Meeting No. 5/2024, held on June 26, 2024, the Board approved the first revision of the Human Rights Policy. This policy serves as a formal commitment to uphold, support, and promote the respect and protection of the fundamental rights and human dignity of all individuals involved in the company’s operations. The policy aligns with national laws, international human rights principles, and recognized best practices. It encompasses key global frameworks, including the Universal Declaration of Human Rights (UDHR), the United Nations Guiding Principles on Business and Human Rights (UNGPs), the Principles of the United Nations Global Compact (UNGC), and the Declaration of the International Labour Organization (ILO).

In addition, the company encourages its business partners, alliances, and stakeholders to acknowledge and adopt the Human Rights Policy as a guiding framework to ensure alignment in practice. The key principles are as follows:

Conduct business activities in a manner that does not cause any direct or indirect adverse impact on the human rights of rights holders, including employees, customers, partners, communities, stakeholders, and business alliances.

Treat all individuals equally and without discrimination, in accordance with human rights principles.

Implement comprehensive Human Rights Due Diligence (HRDD) to assess and evaluate potential human rights impacts arising from business operations or areas in which the company may be involved or provide support.

Communicate and foster understanding among all relevant parties throughout the company’s business value chain, including subsidiaries under its management control, as well as business partners and alliances, to promote and support continuous adherence to this policy.

Establish accessible channels for lodging complaints or reporting human rights violations related to the company, ensuring fairness and protection for complainants or whistleblowers in accordance with the protective measures outlined in the company’s corporate governance principles.

Any director, executive, or employee who fails to comply with this policy shall be subject to disciplinary action in accordance with the company’s regulations. If such actions constitute a legal offense, the individual may also be subject to penalties under applicable laws.

The Company has established a human rights governance and management framework with clearly defined roles and responsibilities for the Board of Directors, senior management, and relevant functions to ensure that its operations are aligned with the Company’s Human Rights Policy and its commitment to respecting human rights.

The Board of Directors

The Board of Directors is responsible for overseeing human rights management at the organizational level, including approving relevant policies and approaches, and monitoring significant human rights issues and performance. Senior management is responsible for driving policy implementation, monitoring human rights risks and impacts, and ensuring that appropriate resources are provided to support effective implementation.

Relevant functions, including Human Resources, Safety, Occupational Health and Environment, Procurement and Supplier Management, the Human Rights Working Group, and operational/site functions, are responsible for integrating human rights principles into their respective areas of responsibility.

Human Rights Resources

The Company allocates appropriate resources to support effective human rights management. These include responsible personnel, budgets, systems and tools for risk assessment and monitoring, grievance channels, and training and awareness-raising activities for employees and relevant stakeholders.

Implementation and Monitoring

At the operational level, responsible functions carry out ongoing human rights activities covering the identification and assessment of human rights risks and impacts, the implementation of preventive and mitigation measures, monitoring of the effectiveness of such measures, grievance management, stakeholder engagement, and performance monitoring. Relevant performance and significant issues are reported to senior management and the appropriate governance bodies to support oversight, decision-making, and continuous improvement in human rights management.

The Company periodically reviews the roles, responsibilities, and resources allocated to human rights management to ensure that they remain appropriate to the level of risk, nature of the business, and changes in the operating context.

Human Rights Governance and Resource Allocation Structure

Responsible Body / Function	Roles and Responsibilities	Resources Overseen
Board of Directors	Provides the highest level of oversight on human rights matters; approves relevant policies and management frameworks; and acknowledges salient human rights issues, significant human rights risks and violations, and overall human rights performance through reports submitted by Board-level committees.	Oversees overall policies, budgets, and resources related to human rights management.
Corporate Governance and Risk Management Committee	Establishes and reviews human rights policies, management frameworks, and performance indicators; oversees Human Rights Due Diligence (HRDD), grievance management, and human rights risk management measures; and reports relevant matters to the Board of Directors.	Reviews the adequacy and appropriateness of budgets, personnel, and other resources required for human rights risk management.
Sustainability Committee	Monitors human rights performance and integrates human rights considerations into the Company’s ESG strategy and sustainability targets, while providing recommendations for continuous improvement.	Monitors the effectiveness of resource utilization and the outcomes of human rights and stakeholder engagement initiatives.
Human Rights Working Group	Implements human rights policies and action plans; conducts Human Rights Due Diligence (HRDD) and human rights risk assessments; engages with stakeholders; manages grievances; provides training and awareness-raising activities; monitors performance; and reports to the Corporate Governance and Risk Management Committee.	Utilizes budgets, personnel, tools, and supporting systems for human rights activities, training, risk assessments, stakeholder engagement, and grievance management.

In the year 2024, the Corporate Governance and Risk Management Committee’s meeting No. 5/2024 held on June 26, 2024 has approved the Human Rights Manual of Ratch Pathana and Affiliates which included the scope of human right assessment, both existing and potential risks, as well as concerns throughout the value chain. It encompasses activities directly conducted by the company itself and indirectly through the operations of partners, contractors, which may lead to collaborative misconduct in human rights violations. Additionally, it outlines the process of investigating misconduct and corruption, measures of whistleblower and complainer protection, and remediation

Defining the scope of human rights risk and impact assessment enables management to understand the potential impacts on stakeholders affected by the company’s business activities. The information gathered outlines the boundaries of data collection and the assessment of potential impacts. The scope can be determined through the following approach:

Reviewing human rights issues from other companies within the same industry by using publicly available sources, such as sustainability reports, corporate websites, and human rights management practices of leading companies, including RATCH Group Public Company Limited.

Labor Rights	Supply Chain	Community Rights	Customer Rights	Security	Environment
Employment conditions Freedom of association and collective bargaining Forced labor and human trafficking Child labor Safe and healthy working conditions Non-discrimination	Supplier engagement Supplier code of conduct	Standard of living and quality of life Community health and safety Community engagement Cultural heritage Minorities and indigenous peoples Resettlement and migration	Customer health and safety Data privacy	Security management Security training	Water management Pollution impacts Waste and hazardous materials management Biodiversity conservation Energy access

Source: 10 Key Human Rights Issues in the Energy and Utilities Sector

Following the review of preliminary documents, relevant human rights issues were grouped into categories based on stakeholder groups within the company’s value chain. This helps define the scope of assessment more clearly.

Employees	Suppliers / Contractors	Communities	Customers	Security
Working conditions Health and safety Discrimination and harassment Freedom of association, assembly, and collective bargaining Use of illegal labor	Working conditions Health and safety Discrimination and harassment of suppliers or contractors operating on company premises Discrimination in procurement processes	Health and safety Living standards Land acquisition and forced resettlement	Health and safety Customer data privacy	Cybersecurity / Information security management Use of force in security operations / Security management / CCTV

Over the past year, the company has revised the Group’s Supplier Code of Conduct to encompass all external service providers, including distributors, brokers, consultants, contractors, and suppliers of products or services. Human rights considerations have been integrated as a key component of the Code to promote ethical business practices and respect for human rights among the Group’s suppliers. These principles have been established as essential elements of the commercial terms and contractual agreements used in supplier evaluation. The Company has also communicated these guidelines to its suppliers to ensure mutual understanding and alignment in business operations

The company has conducted a human rights risk assessment to prevent and mitigate potential impacts related to human rights within its operations. The assessment focused on labor-related human rights risks, including:

Working conditions of employees

Employee health and safety

Discrimination

Harassment

Rights violations

Equality

Freedom of association

Assembly

Collective bargaining

Use of illegal labor

Based on the assessment results, the Group has implemented a standardized and fair employee selection process, including written examinations and interviews, to evaluate candidates’ knowledge, capabilities, and suitability for each position. The company adheres to principles of fairness and equality in accordance with its Human Rights Policy and practices, without discrimination based on gender, nationality, race, religion, political beliefs, or any other grounds, as approved by the Board of Directors at Meeting No. 5/2024 on June 26, 2024. Furthermore, the company prioritizes internal promotion by offering vacant positions to qualified internal candidates before considering external recruitment.

The company places great importance on the management of grievances and the remediation of affected individuals. A remediation mechanism has been established to address any adverse impacts resulting from the Company’s operations. This includes measures such as issuing apologies, providing assistance, restoring affected parties, offering compensation, and/or other appropriate forms of remedy. Disciplinary actions and preventive measures are also implemented to ensure that similar incidents do not recur.

During the years 2023–2025, there were no labor-related disputes.

Title/Year	2023	2024	2025
Number of human rights violations	0	0	0
Number of labor disputes	0	0	0

Human Rights Operations 2025

Stakeholder Engagement and Human Rights Activities

The Company recognizes the importance of stakeholder engagement on human rights issues and provides opportunities for employees, communities, government agencies, business partners, contractors, and other relevant stakeholders to exchange views, receive information, and raise concerns or provide suggestions regarding potential human rights impacts arising from the Company’s business operations.

The Company uses engagement channels and approaches appropriate to each stakeholder group, including consultation meetings, community committee meetings, site visits, human rights education and awareness-raising activities, as well as grievance and feedback channels. Information, concerns, and feedback received through these engagement processes are taken into consideration in human rights risk assessments, the development of preventive and mitigation measures, and the continuous improvement of the Company’s operations.

The Company places importance on respecting human rights and engaging with stakeholders by providing communities and relevant organizations with opportunities to access information, exchange views, and better understand potential impacts arising from the Company’s business operations in a transparent manner.

Activity Date

23–24 December 2025

Participants

31 communities

Key Stakeholder Groups

Local administrative organizations and surrounding communities

Building Understanding and Advancing Sustainable Community Development

In 2025, the Company organized a power plant visit for local administrative organizations and representatives from 31 surrounding communities to enhance understanding of “Business and Human Rights.” The activity covered community rights, health and safety, the environment and quality of life, as well as the role of businesses in respecting human rights and preventing and mitigating potential impacts arising from business operations.

Creating Opportunities for Learning, Dialogue, and Constructive Engagement

Human Rights Awareness

The Company provided information on conducting business with respect for human rights, safety and environmental measures, and its approach to supporting surrounding communities and society.

Site Visit

Participants visited the power plant’s operational areas to gain a practical understanding of the Company’s management of safety, environmental matters, and coexistence with surrounding communities.

Stakeholder Feedback and Dialogue

Participants were provided with opportunities to exchange views, raise concerns, ask questions, and provide recommendations on issues related to community rights and potential impacts arising from the Company’s operations.

Integration of Stakeholder Feedback

The Company takes stakeholder views and recommendations into consideration in managing human rights risks and impacts, as well as in improving measures related to safety, environmental management, and community engagement. This supports the alignment of the Company’s operations with stakeholder expectations and sustainable development.