AEON Thana Sinsap Thailand PCL

## II. Process for Project Evaluation and Selection

The project evaluation and selection process are vital to ensure that all projects financed under framework meet the intended criteria. We shall set up working group from various departments with separated role and responsibility as follow:

- Update relevant reports, communication with stakeholders and ESG assessments.

|Department Role & Responsibility Finance & Accounting  Ensure project eligibility according to criteria within framework  Review and confirm allocation and impact reporting  Managing any future updates to the Framework|Col2|
|---|---|
|IT  Provide access to the data or customize report||
|Marketing  Certify the correctness of customer data from the system||
|Credit Control /  Assess social / environment risk of project, and implement Judgement mechanism to mitigate these risk, including adherence to responsible lending practices.||
|Sustainability & Investor Relation| Update relevant reports, communication with stakeholders and ESG assessments.|

## III. Management of Proceeds

AEONTS has established internal monitoring processes to regularly track and record the allocation of proceeds of financing raised under this Framework.

The company shall ensure Eligible Projects allocation amount is equal to or greater than the utilization amount of financing raised under framework. Unallocated proceeds will either be undrawn, held in cash, and/or equivalent. These unallocated proceeds will not be held in investment that are against the principles identified in this framework.

## IV. Reporting

AEONTS will report on the allocation and impact of proceeds raised under this Framework on an aggregated portfolio basis annually until full allocation.

4.1 Allocation Report will provide:

- Breakdown of amount allocated to each Eligible Project, including breakdown of new financing and refinancing

- Total amount of net proceeds raised and allocated for Eligible Project

- Balance of unallocated proceeds

4.2 Impact Report

The company shall report on annual basis the direct impact of the use of proceeds using applicable qualitative and/or quantitative indicators. To the extent available, AEONTS will report the following indicators:

|Social Category|Col2|
|---|---|
|Project Category Impact Reporting Metrics||
|Access to Essential Services|- Total value and no. of loans disbursed to target population (low income population) - Breakdown by Geography, Gender, Education|

|Green Category|Col2|
|---|---|
|Project Category Impact Reporting Metrics||
|Clean Transportation - Total value and no. of loan disbursed for low carbon vehicles (EV motorcycle) financing||
|Renewable Energy|- Total value and no. of loan disbursed for solar cell financing|

AEONTS' Framework outlines a clear and robust decision-making process for project selection and evaluation, ensuring all financed projects meet the established criteria. A dedicated working group, comprising representatives from Finance, IT, Marketing, Credit Control, Sustainability, and Investor Relations, oversees project selection, risk assessment, and the evaluation of anticipated environmental and social benefits. Supported by a Sustainability Committee, AEONTS conducts annual reviews of its sustainability policy to align with ESG principles and international standards, reflecting its commitment to responsible and sustainable business operations. [...] AEONTS conducts annual reviews of its sustainability policy, demonstrating a strong commitment to environmental, social, and governance (ESG) principles to meet the needs of its customers and stakeholders while ensuring sustainable business operations. To strengthen its sustainability efforts, AEONTS has established a dedicated Sustainability Committee responsible for defining and overseeing the company's approach to various ESG issues. This committee plays a critical role in monitoring and guiding the company's sustainability performance, ensuring alignment with international standards and best practices. The sustainability policy incorporates robust risk mitigation measures and a rigorous framework to address potential challenges that could pose risks to environmental or social well-being, in line with AEONTS' core values.