The Sustainability and Corporate Governance Committee consists of 3 independent directors as follows:

Mr. Jumpon Suwannaworng, head of Legal and Compliance Group of Land and Houses Bank Public Company Limited, is a secretary.

Furthermore, the Corporate Governance Committee was changed to the Sustainability and Corporate Governance Committee and added its duties and responsibilities on December 18, 2023.

The Sustainability and Corporate Governance Committee has performed its duties under the scope of responsibilities assigned by the Board of Directors. In 2023, the Sustainability and Corporate Governance Committee had the total of 12 meetings and reported the result of each meeting to the Board of Directors with the summary as follows:

1. Review the corporate governance policy to be in accordance with the corporate governance code (CG Code) of the Securities and Exchange Commission (SEC) and the Corporate Governance of Financial Institutions of the Bank of Thailand by putting emphasis on the good corporate governance and good code of conduct of business to increase the competitiveness and confidence for shareholders, investors, stakeholders and all parties involved. These are the fundamental for operating the business with efficiency, transparency and reliability.
2. Review the corporate social responsibility for business sustainability policy. The company had participated in social responsibility activities in accordance with the Corporate Social Responsibility Institute (CSRI), Office of the Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand (SET).
3. Review the compliance policy and charter so that executives and operators are aware of the scope, power, roles and responsibilities of compliance to comply with laws and relevant regulations, and set operational guidelines and code of conduct of Compliance Division.
4. Foster a concrete anti-corruption culture both inside and outside the organization, review the anti-corruption policy with the commitment to conduct the business under the rules of law, integrity and ethic in compliance with good corporate governance principles and participate in government agencies and organizations’ activities to express the bank’s intention and determination to fight against all forms of corruption.
5. Review the whistleblower policy to ensure that effective supporting system is in place and realize the importance of the protection and support for the whistleblower as well as annually communicate the policy to the employees.
6. Encourage the company to take into account the environment and climate change, society and good governance (Environmental, Social and Governance : ESG) substantially.

The company is committed to operating its business under the good corporate governance principles which are transparent and verifiable. Moreover, the company also recognizes the accountability to economy, society, environment and all stakeholders which are significant factors in creating sustainable business values.