Buriram Sugar Public : Form 56-1 One Report 2021

56-1One Report

Annual Registration Statement / Annual Report 2021

SUSTAINABLE

• 4 Vision, mission, philosophy and core value

• 6 Board of Directors and Management Team

• 10 Message to shareholders

• 12 Financial result

• 14 Operating overview

• 16 Important background and development

• 18 Awards and quality certifications

• 20 Part 1 Business Operation and Operating Results

20 105 126 137 158

• 165 Part 2

165

194

250 289

• 302 Part 3

Organizational structure and operation of the group of companies

Risk management

Business sustainability development

Management discussion and analysis (MD&A)

General information and other material facts

Corporate Governance

Corporate governance policy

Corporate governance structure and material facts related to the board, subcommittees, executives, employees and others

Report on key operating results related to corporate governance

Internal control and related transactions

Financial Statements

302

373

Financial statements

Report on the Board of Directors' responsibility for the financial statements

• 374 Attachment

• 374 Attchement 1 Details of directors, executives, controlling persons, the person assigned to take the highest responsibility in Accounting and Finance, the person assigned to take direct responsibility for accounting supervision and the Company's secretary

• 393 Attachment 2 Details of the directors and the executives of subsidiaries

• 397 Attachment 3 Details of the Heads of the Internal Audit

• 398 Attachment 4 Assets for business undertaking and details of asset appraisal

• 399 Attachment 5 Policy and guidelines on corporate governance, code of business conduct, the charters and the scope of duty of the Chief Executive Officer

• 400 Attachment 6 Report of the Audit Committee and report of the other Subcommittees

Vision

Mission

Ensure raw materials security and better living conditions for cane growers and develop sugar, renewable energy and by-product businesses for sustainable growth and harmonized living between communities, society and nation with responsibility for all stakeholders.

Excellence in management and quality control of sugarcane production, sugar product and residues from sugarcane plantation and sugar production with standard and maximum efficiency.

Encourage the sugarcane farmers in the area around the factory to have high productivity and good quality with the principle, care and responsibility for sugarcane farmers.

Develop the administration and management system continuously for the stability of the product and the profits of the sugarcane farmer and the businesses of the Company and its subsidiaries.

Enhance innovation and research to increase organization and cane growers' efficiency and competitiveness.

Encourage and support staffs and cane growers to learn new knowledge for sustainable growth.

Focus on the industry and development of by-product businesses, renewable energy and the other area, as well as increase the value of product and develop technologies and new innovations for the sustainable growth of business.

Conduct business on the basis of good governance, fairness, transparency and ethics with responsibility for stakeholders, communities, society and environment, as well as all forms of corruption prevention and resistance.

Philosophy

Sugar Made in the Field

Buriram Sugar Public Company Limited and its subsidiaries ("the Company group") is committed to conducting business with sustainable growth. The Company group believes that the production of sugar in the best quality and highest quantity at lower cost will bring good turnover for the Company group and also stability and prosperity for the sugarcane farmer by support and encourage the sugarcane farmer and staff with the knowledge and care starting from the process of cultivation, including the use of modern technology and innovation to manage the sugarcane.

Core Value

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