Anti-corruption

Message from the Chief Executive Officer

“Thai Credit Bank Public Company Limited is committed to conducting its business with honesty, integrity and transparency and adhering to the principles of good corporate governance. In line with this commitment, the Bank has expressed its intention to join the Thai Private Sector Collective Action Against Corruption. This means that all levels of management and employees are prohibited from soliciting or accepting bribes and that the principles and guidelines are communicated to all levels of management and employees for strict implementation.”

Anti - Corruption Policy

Thai Credit Bank Public Company Limited is committed to ensuring that the Bank has an effective anti-corruption policy for all types of banking operations. This anti-corruption policy has been approved by the Bank's Board of Directors, which encourages personnel at all levels of the Bank to perform their duties responsibly with honesty and transparency without violating the following principles.

• Thai credit adheres to principles aimed at combating all forms of corruption, whether through direct or indirect means.

• Thai credit will adhere to conduct business in accordance with principles of anti-corruption, emphasizing strict adherence to ethical and moral principles. This will be achieved through the development of written documents, including policies, guidelines, and manuals, as well as the implementation of effective risk management, internal and external communication, appropriate monitoring and control, and thorough audits across all its departments.

Corruption refers to proposing or approving gifts, payments, transfers, or commitments to provide money, valuable items, or benefits for use or for the benefit of any government official to influence their duties, gain business advantages, or for inappropriate purposes. This includes seeking unlawful benefits for oneself or others in any form, directly or indirectly, such as aiding in politics, making charitable donations, providing financial support, giving gifts, certifications, and other expenses. It encompasses actions involving the misuse of power, whether through proposing, making commitments, accepting, requesting, demanding, giving, or receiving goods or benefits that should not be obtained.This also covers activities such as hiring employees, inducing actions that violate laws, destroy trust, or engage in any corrupt practices that harm the fairness and cause damage to Bank, the economy, society, and the confidence of shareholders, investors, and stakeholders.

Guidelines

• Thai credit strictly prohibits all levels of executives and employees from engaging in or accepting acts of corruption for personal benefit, including benefiting themselves, their families, friends, and acquaintances
• Thai credit has a policy of not demoting, penalising, or imposing negative consequences on employees who refuse to engage in corruption, even if such actions result in Thai credit losing business opportunities
• Thai credit has published the Anti-Corruption Policy, which forms an integral part of the fundamental principles of the Business Code Conduct, to ensure that employees are informed of and adhere to it as a guiding framework in conjunction with the Thai credit’s employee regulations and policies.

Penalties

All directors, executives, and employees must strictly adhere to this policy. Any violation or non-compliance with this Anti-Corruption Policy is considered a breach of discipline and is subject to disciplinary measures in accordance with relevant regulations, policies, rules, orders, notifications, and laws.