General Announcement::ThaiBev Tops Global Beverage Industry in the DJSI with Highest Scores for Fourth Consecutive Year

ThaiBev Tops Global Beverage Industry in the Dow Jones Sustainability

Index with Highest Scores for Fourth Consecutive Year

Key Highlights

• Achieved an industry best score of 90 out of 100, among other global beverage companies, placing ThaiBev in the 100th percentile
• Attained highest scores in social and governance and economic dimensions, and second highest in the environmental dimension
• Named a constituent of the DJSI World Index and the DJSI Emerging Markets Index for the fifth and sixth consecutive year, respectively
• High scores attest to ThaiBev's commitment to growing its business sustainably

BANGKOK, Thailand, 26 November 2021 - Thai Beverage Public Company Limited ("ThaiBev", or the "Company") has achieved the best score in the Beverage Industry in the 2021 Dow Jones Sustainability Index (DJSI), marking the fourth consecutive year it has done so. ThaiBev has also remained a constituent of the DJSI World Index and the DJSI Emerging Markets Index for the fifth and sixth consecutive year, respectively.

This year, ThaiBev emerged first among other assessed global beverage companies with the highest score of 90 out of 100. The Company attained top scores in the social and the governance and economic dimensions, and scored the second highest in the environmental dimension. In particular, of the 30 assessment criteria, ThaiBev scored the full 100 marks in 12 criteria, and placing it in the 100th percentile across 19 criteria, three more than last year. ThaiBev is one of only four beverage companies globally to qualify for the DJSI World Index, and one of only two beverage companies to be included in the DJSI Emerging Market Index this year.

Mr. Thapana Sirivadhanabhakdi, President and CEO, ThaiBev, said, "We are pleased to have achieved the highest scores, in an increasingly competitive global arena. This achievement is a validation of our consistent efforts to grow our business in a sustainable and responsible manner for our stakeholders and for the society and environment. Guided by His Majesty King Bhumibol Adulyadej The Great's Sufficiency Economy Philosophy (SEP) and His Majesty King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua's first royal command to 'continue, sustain, and develop this legacy', remain steadfastly committed to sustainable development as we pursue our PASSION 2025 goals and our mission of 'Creating and Sharing the Value of Growth'."

ThaiBev's corporate sustainability framework is framed by the United Nation's 17 Sustainable Development Goals on ESG. Within the environmental dimension, ThaiBev has implemented sustainable development guidelines to protect and conserve the environment, as well as to optimize resource utilization. To this end, the Company has embarked on collaborations to help communities gain access to clean water sources to improve their quality of life. It strives to reduce its ecological impact through programs such as surface water and groundwater sustainability assessment, efficient water management, watershed forest conservation, and community-level water stewardship.

ThaiBev - Tops Global Beverage Industry in the DJSI with the Highest Scores for Fourth Consecutive Year

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In addition, the Company has successfully leveraged innovation to transform post-consumer plastic bottles into recycled plastic pellets (rPET). These rPET were used to produce eco-friendly blankets, which were donated to communities as part of the "ThaiBev Unites to Fight the Cold" project. ThaiBev has also spearheaded several platforms for sustainable development collaborations, including the Power of Thai Foundation, Foundation for the Institute of Social Enterprise Development Thailand (FINSEDT). ThaiBev has also organized the annual Thailand Sustainability Expo (TSX) themed "Sufficiency for Sustainability", which brings together representatives from the public, private sectors, and civil society to raise awareness on the importance of sustainable development and provide cooperation opportunities on environment conservation.

ThaiBev's social dimension encompasses five key areas: education, public health, sports, art and culture, and community development. During the COVID-19 pandemic, ThaiBev set up a ThaiBev COVID-19 Situation Room (TSR) to act as a news monitoring center and to ensure business continuity and its ability to maintain production and delivery levels to meet consumer needs.

In terms of community engagement, the Company persevered with its volunteering activities both domestically and internationally. It partnered with public health agencies to assist healthcare workers by donating alcohol-based sanitizers, surgical masks, and N95 masks. The Company has also provided COVID-19 insurance coverage to healthcare workers and its employees, suppliers, and agents nationwide. In addition, it donated COVID-19 vaccine storage units, provided medical equipment, necessities and its products to key public health institutions. ThaiBev also set up COVID-19 screening test and vaccination centers.

On the governance aspect, ThaiBev has consistently practiced good governance and conducted its business on the highest standards of ethics and integrity since its establishment. These principles and practices enabled the Company to build strong relationships of trust with its business partners. On the economic front, ThaiBev has undertaken numerous multistakeholder collaborations with the goal of achieving sustainable economic development for Thailand. For example, ThaiBev co-founded the Thailand Supply Chain Network (TSCN) to encourage innovation, to co-invest in unique projects and social enterprises, and to support small and medium enterprises in the country.

ThaiBev remains committed to its sustainability goals and strives to become a global role model in driving business operations alongside sustainable development.

More information about the Company's sustainability initiatives can be found in the Group's 2020 Sustainability Report, and more information about how companies are assessed for the DJSI can be found in the 2021 SAM CSA - Annual Scoring and Methodology Review handbook.

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ABOUT THAIBEV

Thai Beverage Public Company Limited ("ThaiBev" or the "Company") is Southeast Asia's leading beverage producer and distributor and the largest in Thailand. The Company's vision is to be a world- class total beverage company embodying commercial excellence, continuous product development and premiumization, and professionalism.

ThaiBev was listed on the Singapore Exchange Mainboard in 2006. In 2012, the Company expanded beyond Thailand with its acquisition of Fraser and Neave, Limited, a well-established conglomerate with a portfolio of highly recognized beverage brands. In 2017, ThaiBev further strengthened its regional presence by acquiring stakes in the Grand Royal Group ("GRG"), the largest whisky player in Myanmar, and in Saigon Beer-Alcohol-Beverage Corporation ("SABECO"), a leading beer producer in Vietnam, which makes ThaiBev the largest beer player by volume in Southeast Asia.

Today, ThaiBev's business comprises four segments - spirits, beer, non-alcoholic beverages, and food. In Thailand, the Group operates 19 distilleries, three breweries, and 21 non-alcoholic beverage production facilities and is supported by an extensive distribution network spanning 500,000 points of sale. ThaiBev is present in over 90 countries, including five production facilities in Scotland which are known for producing single malt scotch whiskies such as Balblair, Old Pulteney, and Speyburn; two production facilities in Myanmar; and one distillery in China which produces the famous Yulinquan Chinese spirit.

The Company's well-known spirits brands include Ruang Khao, Hong Thong, Blend 285, SangSom, and Mekhong, as well as GRG's iconic Grand Royal whisky. Chang, the Group's signature beer, is one of the most recognizable Thai beers locally and internationally, while SABECO's Bia Saigon and 333 are Vietnam's top-selling beer brands. ThaiBev's leading non-alcoholic beverage brands include Oishi green tea, est cola, and Crystal drinking water, as well as F&N's sparkling drinks and 100PLUS isotonic drink. The Company also operates Japanese restaurants, as well as ready-to-cook and ready-to-eat food businesses, through its subsidiary Oishi Group Public Company Limited. ThaiBev is accelerating the expansion of its food business by leveraging its subsidiary Food of Asia and its franchise outlets under KFC, the most popular quick service restaurant brand in Thailand.

ThaiBev is one of the top 10 largest companies on the Singapore Exchange by market capitalization and a constituent of the Straits Times Index. It is also part of the Dow Jones Sustainability Indices ("DJSI") World family and the DJSI Emerging Markets family.

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