Page 24 - TYCONS - ANNUAL REPORT 2022

Tycoons Worldwide Group (Thailand) Plc.

3. Business Sustainability Development

3.1.1 Policy and objectives of sustainable management

Sustainability management policy
TYCN’s commitment to business operations based on sustainable development to

create value with all stakeholders with policies and compliance with four key principles:
Good corporate governance issues
Realize the importance of good corporate governance by adhering to the principles

of morality and ethics as a guideline for doing business and laying out various policies so
that the performance of duties is possible with responsibility, caution and honesty which
will result in the business being able to progress efficiently.

Economic issues
Commitment to business operations under good corporate governance,

transparency, accountability, and responsibility for business operations. Manage risks at an
appropriate level to create a balance of returns or profits and take into account the sharing

of returns to all groups of stakeholders as well as instilling awareness of all employees to
participate in anti-corruption and corruption, which is the key foundation for sustainable
business growth.

Social issues
Give importance to personnel development within the Company including external
personnel, communities and society as part of creating a good society. Learn to develop

and coexist with communities and society through the activities of various working groups.
To create a better understanding of each other and ensures that the Company's business

operations will not affect or cause trouble damage to the normal way of life of the people,
the community and the surrounding society.
Environmental issues
Emphasis is placed on doing business under the requirements of laws or regulations

on the environment of the relevant agencies, including customer environmental

requirements. Use resources wisely to achieve maximum value. Reduce the amount of
pollution that will happen to the environment and cooperate with the government in various
actions strictly and returning back to the community and society through various projects

of the Company continuously.

21