KASIKORNBANK Strategic Acquisition

K KASIKORNTHAI ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK Sustainable Development Framework and Policy KASIKORNBANK conducts business with the principles of a Bank of Sustainability, supported by good corporate governance principles, as well as appropriate risk and cost management. We strive to balance economic, social, and environmental dimensions to achieve goals and create sustainable long-term returns. The philosophy of sustainable development is instilled in all our operations as part of our Green DNA, ensuring maximum benefit for all stakeholders and paving the way for sustainable growth. SD FRAMEWORK GOAL COMMITMENT SD POLICY Environment Net Zero Economy Ensuring environmental stewardship towards a net zero society We are committed to preserving the environment and reducing the impact of climate change 1. Net zero bank in our own operations by 2030 2. Decarbonized financed portfolio emissions in line with Thailand's ambition, and at the earliest for key material sectors by 2050 where possible 3. Leader of innovative "Green Finance" agenda in Thailand 4. Beyond finance solutions to support decarbonization in Thailand Bank of Sustainability Society Advance Thai Society Being a responsible corporate citizen to create a sustainable society We are committed to developing strong relationships with employees and society to better livelihoods and increase prosperity STAKEHOLDER ENGAGEMENT 5. Financial inclusion and financial literacy 6. "Best Place to Work, Learn and Lead" by embedding Green DNA and create future-ready workforce 7. Respect for human rights and diversity 8. Development of youth potential as well as pursuit of environmental, public, and social activities Economy/Governance Responsible Banking Being an accountable bank to create sustainable profitability We are committed to strong ESG principles to be a responsible and accountable bank 9. Business operations defined by good corporate governance practices 10. Adherence to Customer Centricity by initiating financial innovations to meet every aspect of customers' needs 11. Efficient risk management focusing on environmental, social, and governance (ESG) issues 12. Market Conduct and Customer data security and privacy บริการทุกระดับประทับใจ 119 K KASIKORNTHAI Net Zero Commitment As KBank's commitment to be the leading sustainable bank in Thailand, KBank will contribute to the global effort to transition to net zero emission, with the aim of mitigating impacts of climate change, and supporting Thailand and KBank's clients in regional economies to work together in making the transition towards a net zero emission economy. KBank's Board of Directors has resolved to announced the Bank's Net Zero Commitment as follows: ✓ KBank aims to empower every customer's life and business. We support our customers in the transition to a net zero economy. Sustainability is deeply ingrained in how we serve our customers and manage our operations. ✓ We are committed to supporting Thailand and our clients in regional economies on their decarbonization journeys. We will contribute to the global effort to transition to net zero emission by 2050 and will align with the Paris Agreement goals. ✓ We are committed to be the leading sustainable bank in Thailand, allocating at least Baht 100-200 billion in sustainable financing and investment by 2030 and pioneering green banking products. ✓ We commit to becoming net zero in our own operations (Scope 1, 2)* by 2030. We commit to achieving net zero in our financed portfolio in line with Thailand's aspirations, accelerating this journey where possible. We will continually assess opportunities to take earlier actions as the technology, regulatory environment and external context evolves. Sigratory at TCFD UNEP PRINOPLESFOR NANCE RESPONSIBLE INITIATIVE BANKING Commitment-based Sustainable Finance Initiatives Participating in commitment-based sustainable finance initiatives which are UN Principles for Responsible Banking, TCFD and memorandum of agreement on establishing responsible lending practices. BANG OF THAILAND INTERNATIONAL Dow Jones Sustainability Indices Powered by the S&P Global CSA Sustainability Award Gold Class 2022 S&P Global MSCI FTSE4Good Komb +CDP PRICLE THEN FONTACTIN NATIONAL THSI INVESTMENTLITY ESG100 C ธนาคารกสิกรไทย 开泰银行 KASIKORN BANK PRIDE OF KBank The first and only commercial bank in Thailand and ASEAN selected as a member of the DJSI World Index and DJSI Emerging Markets Index for six consecutive years (2016-present) KBank has been classified in the Gold Class of the banking industry from S&P Global Sustainability Awards (2022) (Bronze Class 2018-2020 and Silver Class 2021) KBank's Leadership Level rating is at AA for its ESG performance among emerging market banking sector peers A member of the FSTE4Good Emerging Index for six consecutive years (2016-present) The first Bloomberg Gender-Equality Index (GEI) member from Thailand. The Bloomberg Gender-Equality Index (GEI) distinguishes companies committed to transparency in gender reporting and advancing women's equality for four consecutive years (2019-present) The first Thai commercial bank with A- Leadership Level rating, assessed by the Carbon Disclosure Program (CDP) Included in Thailand Sustainability Investment (THSI) for six years (2015, 2017- present) SET AWARDS ESG 100 certificate 2021 (Certified by Thaipat Institute) The first and only commercial bank in Thailand granted Carbon Neutral Certification (2018-2021) SET Sustainability Awards - Highly Commended in Sustainability Awards granted by the Stock Exchange of Thailand for three years (2018-2019,2021) The first commercial bank in Thailand LCS to receive an Excellence award under The Low Carbon and Sustainable Business Index (LCSi) award *Note: Scope 1: Direct emissions from the activities of an organization including stationary combustion, fleet vehicles (organization-owned), chemical treatment of wastewater, as well as fugitive and process emissions. Scope 2: Energy-indirect emissions including an organization's purchased energy such as electricity, heat and steam. More information on our Sustainable Development can be found on our website and KBank's Sustainability Report 2021. บริการทุกระดับประทับใจ Sustainability Report Award 2021 Sustainability Disclosure Award granted by Thaipat Institute 120

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