KASIKORNBANK Strategic Acquisition

K KASIKORNTHAI KBank Strives towards Net Zero ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK ■ Supporting Thailand and our clients in regional economies on their decarbonization journeys Thailand's aspirations* 2025 2030 2050 Carbon Neutrality ■ Reduction of GHG emissions in various sectors ■ 50% renewable electricity generation share for new power generation capacity 2065 Achievement of Net Zero GHG Emission KBank's Roadmap Scope 1&2: 21% GHG emission reduction ■ Scope 3: Supporting our customers in the transition to a net zero economy and pioneering green banking products Scope 1&2: Achieving Net Zero Scope 3: Allocating at least Baht 100-200 billion in sustainable financing and investment Scope 3: Achieving net zero in our financed portfolio in line with Thailand's aspirations; accelerating this journey where possible ■ Contributing to global effort to transition to net zero emissions by 2050; will align with Paris Agreement goals Source: * Thai Prime Minister's statement at the World Leaders Summit during the 26th Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26), November 1, 2021 บริการทุกระดับประทับใจ 121 K KASIKORNTHAI ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK Example of Economic Aspect: ESG Risk Management ■KBank has integrated ESG considerations into the risk management framework, with particular attention given to risks related to lending, investment, products, and services At the management level Lending activities are structured so as to demonstrate environmental and social responsibility as follows Risk Oversight Committee Board of Directors Corporate Governance Committee Sustainable Development Sub-committee Credit Risk Management Sub-committee Business Units Monitoring and Controlling Function ■Board of Directors Approving risk management policy, frameworks, risk limits and risk appetites ■Risk Oversight Committee Overseeing and ensuring compliance with consolidated risk management policies and strategies and acceptable risk appetite Assessing risk management policies and strategies to cover all risks including emerging risks ■ Corporate Governance Committee Overseeing, monitoring, and undertaking sustainable development ■Sustainable Development Sub-committee Overseeing and ensuring effective practice of ESG risk management and sustainable development operations ■Credit Risk Management Sub-committee Determining and approving credit policy addressing environmental and social impact management in lending and investment activities ■Business units Screening environmental and social risks of project financing and commercial credits to be supported Ensuring and monitoring projects' compliance with regulations/ environmental and social management plans ■Monitoring and Controlling Functions Ensuring credit policy and procedure compliance Reporting project finances and concerning environmental and social issues to the Corporate Governance Committee บริการทุกระดับประทับใจ 122

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