Respect for human rights is a key component of GULF’s sustainability framework and part of the Company’s foundational beliefs on how business should be conducted. That said, the nature of the energy industry and accompanying regulatory frameworks in Thailand, where GULF is based and where the majority of its business operations are located, already facilitate – and in fact require – socially responsible corporate conduct. In any case, GULF continues to expand on its commitment to respect human rights both within and outside the Company. We have adopted a Human Rights Policy, approved at the highest level by our Board of Directors, which covers the following key points:

1. Engage with its stakeholders to identify, engage, and manage human rights concerns and issues.
2. Ensure fair and equal treatment of stakeholders, placing emphasis on the diversity and inclusion of employees and avoiding discrimination based on sex, gender, age, race, ethnicity, religion, nationality, and any other non-merit-based attributes.
3. Respect labor rights and ensure full compliance with labor laws.
4. Provide and maintain a safe and healthy workplace for employees with consideration for all aspects of employee well-being (including physical, mental, emotional, social well-being), and comply with applicable safety and health laws and regulations.
5. Support human rights throughout Gulf’s value chain through monitoring and advocacy.
6. Educate and advocate for human rights both within the Company and among external stakeholders including business partners, suppliers, contractors, and the communities in which the Company operates.
7. Maintain a ZERO TOLERANCE POLICY regarding child labor, slave labor, forced labor, or any form of human trafficking.

We also work to ensure that no human rights violations occur anywhere within our value chain as a result of our activities and operations. Thus, we have developed a human rights due diligence and assessment process to help identify, mitigate and prevent human rights risks. This process begins with an examination of different areas of our business, especially
1) within the Company among our employees,
2) within the local communities where we operate,
3) at sites under construction and development,
and 4) at sites in operation. In addition to the universal human rights mentioned in the Universal Declaration of Human Rights, our potential human rights risks identification also covers labor rights as well as the rights of vulnerable groups. We also extend our commitment to respect human rights to our business partners, suppliers and other external parties through our Supplier Code of Conduct.

Our assessments are conducted on an ongoing basis and at least annually for every key area and issue. We have developed a clear grievance mechanism to ensure any cases received are given immediate attention and handled by the appropriate internal departments. With our strong emphasis on ethical and responsible business conduct, we are proud to report that GULF has not received any complaints regarding human rights violations. Our assessments have also determined that our internal control and human rights risk mitigation plans are adequate and appropriate at all sites.