Anti-Corruption Policy

Anti-Corruption

PLANB is committed to sustainable business practices, prioritizing good governance and appropriate internal controls. The Company has established a clear and comprehensive anti-corruption policy, including well-defined definitions of corruption and guidelines for practice that are communicated to internal and external parties. PLANB conducts audits, risk assessments, and preventative measures against corruption in its operations, establishing control measures to monitor processes that could potentially be manipulated, ensuring transparency and integrity. Furthermore, the Company provides channels for stakeholders to report suspicions, suggestions, or complaints about corruption directly to the Audit Committee.

PLANB has been a member of the Thai Private Sector Collective Action Against Corruption (CAC) since 2019 and is currently in the process of renewing its certification for the second term, with the result expected by June 2025.

Guided by the principles of good corporate governance, business ethics, and responsible conduct toward communities, society, the environment, and all stakeholders throughout the supply chain, Plan B’s participation and certification under the CAC framework affirms the Company’s unwavering commitment to a zero-tolerance policy against all forms of corruption.

In addition, the Company requires all employees to rigorously complete and pass an assessment on ethical conduct and the Code of Conduct. This ensures that every employee is fully informed and instilled with a strong ethical foundation. The President and Chief Executive Officer is also responsible for overseeing and driving effective anti-corruption efforts and reporting progress to the Chairman of the Board and the Audit Committee, in order to review and align relevant policies with evolving business conditions.

Anti-Corruption Procedures

The employee at all levels shall comply with the following anti-corruption conducts:

• Follow the anti-corruption procedures, business codes of conduct and ethics, and the Company’s rules by not getting involved directly or indirectly in corruption.
• Refrain from taking any action that shows intent toward corruption or bribery with the Company's stakeholders in the scope of work under responsibility, both directly and indirectly, for the benefit of the Company, employees, or related persons.
• Do not neglect to inform the manager or responsible parties and cooperate in any further investigation when knowing of any actions connected to corruption in the Company.
• When taking any corruption-prone action, employees at all levels of the Company must follow the following guidelines with care.
• Employees must follow the policy explained in the good corporate governance and business ethics and the Company’s anti-corruption procedures for gifts, reception and other related expenses.
• For charity purposes, a donation must be made under the Company’s name to any organization whose mission is social benefits. The organization must be reliable and have a proper license. The donation must also be processed transparently according to the Company’s rules and laws and examined and audited to ensure that it is not made for corruption purposes.
• Sponsorship, both by money and assets, for any activities or projects must specify the name of the Company. In addition, such sponsorship must enhance business and the Company’s image and be processed with transparency in line with the Company’s rules and laws.
• Any business relationship, purchase and hiring, and business communication with the government, private sector counterparty, and any party related to the business operation must be transparent, honest and by related laws.
• The Company has a neutral political policy, meaning all employees have political rights and freedom under the laws. However, employees must not take any action or use the Company’s resources for political purposes. Such actions may hurt the Company’s neutral political policy and can cause harm to the Company for involvement in political activities.

Non-compliance with the anti-corruption guidelines is considered a serious disciplinary offence, a breach of the employment contract, and a criminal act, which can cause severe damage to both the reputation and standing of the Company. Therefore, any actions that constitute corruption as defined by these guidelines should be reported to the supervisory authorities or through designated channels for handling complaints from all stakeholders, as detailed below:

Whistleblowing

The Company has established processes and channels for receiving and dealing with complaints from all stakeholders. You can contact or complain about issues that may be a problem by contacting the Audit Committee, which are independent directors as follows:

1. By sending a post to the Audit Committee: 1700 Plan B Tower 1700 Plan B Tower New Petchburi Road, Makkasan, Ratchathewi, Bangkok 10400
2. E-mail: auditcommittee@planbmedia.co.th
3. Company Secretary Division: companysecretary@planbmedia.co.th
4. Tel: +66 (0) 2530-8053-6 ext. 420

In this regard, the complainant can be confident that the Company has measures to keep the complainant's information confidential and protect the informant.

Process of Handling Complaints

1. Whistleblowing reports and complaints submitted through various channels are received and reviewed by the Company Secretary Department. A summary of all reports related to suspected fraud and corruption is compiled, with an initial assessment conducted to determine whether each case constitutes a potential violation of the Company’s anti-corruption measures.

• If the case does not qualify as a violation against the anti corruption section, the matter will be forwarded to the appropriate departments.
• In case of corruption
  • - If unfounded, the results will be communicated to the complainant
  • - The Company Secretary Division will take further action if there is sufficient information. *In case of corruption that must be rectified promptly, the case will be reported to the Executive Committee and the Audit Committee. The copy will be forwarded to the Internal Audit Division for acknowledgement.

2. Coordinate with the Human Resources Department to appoint an investigation committee. After setting up an investigation committee, the Human Resources Department will proceed with the investigation.

3. Report the number of fraud whistleblowers, event summary, and operational status to the Audit Committee, reporting every six months.

Plan B has established measures to protect the rights of whistleblowers and informants. The Company ensures that names, addresses, or any information that could identify the whistleblower or informant are kept strictly confidential. All such information is securely stored and handled with the utmost confidentiality. Details regarding the complaint submission process, investigation procedures, and whistleblowing channels are outlined in the Company’s Anti-Corruption Measures. In 2024, Plan B did not receive any reports, tips, or complaints related to fraud or corruption.