Sermsang Power’s Commitment to Transparency, Systematic Policy Formulation

Sermsang Power strictly adheres to the principles of Good Corporate Governance. The Company has clearly established Anti-Corruption Policies and Guidelines within its Code of Conduct. This policy encompasses both domestic and international business operations, emphasizing compliance with applicable laws and international standards.

Enforcement and Latest Updates

In 2024, the Board of Directors announced and enforced the latest updates to the Anti-Corruption Policy to ensure modernization and alignment with evolving laws and global guidelines. The Company reiterates that, although no complaints have been filed in the past, it continues to prioritize rigorous and continuous monitoring.

Control and Audit Mechanisms

To ensure the Anti-Corruption Policy is effectively practiced, Sermsang Power has established the following mechanisms:

• Internal Audit: A system to monitor risks and operations on a regular basis.
• Whistleblowing Mechanism: A channel allowing employees and external stakeholders to report grievances or misconduct anonymously, with strict data protection and confidentiality protocols.
• Compliance Review: Regular reviews of system suitability to enhance preventive efficiency and ensure the organization stays ahead of potential situations.

Building Awareness and Culture

Beyond policy implementation, the Company conducts Training & Awareness Programs and maintains continuous communication to raise awareness regarding the importance of anti-corruption. Furthermore, this agenda is integrated into the Performance Evaluation system to reinforce that transparency is an indispensable Core Value of the organization's corporate culture.

Alignment with International Standards

SSP’s anti-corruption operations extend beyond internal measures; they align with the assessment guidelines of the FTSE Russell ESG Model, which covers policy formulation, commitments, control mechanisms, auditing, and disclosure. Additionally, the Company references the internationally recognized ISO 37001 Anti-Bribery Management System.

Conclusion

These efforts reflect that Sermsang Power’s initiatives are not solely to satisfy shareholders, but to build trust and confidence among all domestic and international stakeholders.

For Sermsang Power, this is not merely a policy document, but a functional operational system comprising governance structures, audit mechanisms, and a corporate culture rooted in transparency. Continuous review and improvement allow the organization not only to maintain credibility but also to drive the growth of the clean energy business upon a solid foundation of integrity.