Goals and Performance Highlights

Fair Employee Remuneration

Goals
  • Fair remuneration: The Company has established a remuneration policy set above the legally mandated minimum wage, so that employees earn sufficient income to live with quality.
  • Equality and non-discrimination: The Company upholds the principle of "equal pay for work of equal value", without restriction as to gender, age, religion or nationality, and ensures that migrant workers receive rights and wages equal to Thai employees at 100%, applying a performance-based pay system.
Performance Highlights 2025
  • 100% equal pay for work of equal value
  • Cost of living support: Additional financial support is provided, such as overtime pay, performance-based incentives and employee shuttle transport.
  • Welfare benefits are provided that are appropriate and competitive within the same industry group

Migrant Worker Management

Goals
  • 100% equal remuneration between migrant and Thai employees
  • 100% transparent recruitment (ethical recruitment): Bilingual employment contracts (Burmese–Thai) so that workers clearly understand their rights and working conditions before signing.
Performance Highlights 2025
  • 100% equal remuneration between migrant and Thai employees
  • Recruitment service fees supported for migrant workers

Child Labor

Goals
  • Zero Tolerance Policy: No employment of children under 15 years of age; protection of young workers aged 15–18 — the Company requires employees to be at least 18 years of age
  • 100% Supplier Code of Conduct: business partners sign to accept the condition prohibiting the use of child Labor
  • No breaches of law and no complaints relating to human rights or child Labor (0 cases)
Performance Highlights 2025
  • No employees under 18 years of age were engaged
  • 100% of the Company's business partners have signed the Supplier Code of Conduct
  • No breaches of law and no complaints relating to human rights or child Labor (0 cases)

Non-Discrimination and Diversity

Performance Highlights 2025
  • No human rights violations were identified (0 cases)
  • Employee engagement score of 86.4%
  • Employment of persons with disabilities: 2 persons under Section 33 and 26 persons under Section 35 (28 in total)
  • The Welfare Committee is elected without restriction as to nationality, at a ratio of 1:11

Challenges and Opportunities

Challenges
  • Managing workforce diversity (diversity management) to ensure inclusive participation
  • Supply chain risk: Verifying that 100% of business partners comply with the Supplier Code of Conduct, particularly in relation to the prohibition of child Labor, requires rigorous and continuous monitoring and auditing in order to protect the brand's international reputation.
  • Volatility in legislation and Labor costs: The obligation to pay 100% of the legally mandated minimum wage in every location, together with support for recruitment service fees for migrant workers, represents a fixed cost that may increase in line with government policy.
Opportunities
  • Employer branding: An employee engagement score as high as 86.4% presents an opportunity to attract talent, reduce recruitment costs and enhance long-term competitiveness.
  • Advancing towards international standards and global markets: Adherence to the TLS 8001-2020 and ISO 45001:2018 standards, together with the conduct of Human Rights Due Diligence, will help the Company gain recognition from global business partners and ESG-focused investors.
  • Turning "people" and "internal innovation" into strategic assets

Management Approach and Value Creation

Creating Value through Equity & Inclusion

Welfare benefits that respond to diversity

Establishing a Welfare Committee elected without restriction as to nationality

Employment of vulnerable groups (social inclusion)

Continued support for the employment of persons with disabilities under Sections 33 and 35

Fair remuneration standards

A performance-based pay system that reflects genuine capability

Social Value

Supporting fair employment opportunities for local communities

Brand Value

Building a corporate image of responsibility towards human rights, communities and the environment (ESG brand)

Transforming "Labor management" into "building partners who grow together with the organisation"

Employee Statistics (3 Years)
Item Unit 2023 2024 2025
Total employees persons 2,778 2,697 2,449
Male employees persons 1,318 1,300 1,094
Female employees persons 1,460 1,397 1,355
Total employee remuneration THB 51,275,282 53,978,021 53,842,651
Average training hours hours/person/year 11.00 15.00 17.75
Training expenditure THB 2,470,000 4,780,000 3,480,000
Voluntary turnover rate % 16.42 17.32 15.37
Engagement Score % - 86.0 86.4
Employment of Persons with Disabilities
Item Unit 2023 2024 2025
Total employment of persons with disabilities persons 28 29 28
Employees with disabilities (Section 33) persons 2 2 2
Non-employee workers with disabilities (Section 35) persons 26 27 26

Provident Fund (PVD)

Automatic enrolment for new employees
Activities supporting retirement savings
Education on the selection of investment policies
Money Hero, Wellness Program and Happy Money initiatives

Stakeholders Directly Impacted

Employees
Shareholders / Investors
Customers / Consumers
Business Partners
Communities, Society and the Environment