Performance Summary of Material Topics

• Pursue sustainable growth in focus areas.
• Maintain reserves to production ratio (R/P) to be greater than 5 years.
• Maintain competitive unit cost for E&P.
• Allocate 10% of total capital expenditure (CAPEX) budget for transition business during 2024-2030.

• Production growth rate at 5%, compared to 2024.
• R/P Ratio or Reserves Life at 6.9 years.
• Unit cost at USD 29.46 per barrel of oil equivalent.
• Allocated capital expenditure (CAPEX) to energy transition business amounting to USD 765 million, equivalent to 1.8% of total CAPEX budget during 2024-2030.

• Achieve zero fraud and corruption and zero non-compliance
• Achieve high-impact risk identification with effectiveness mitigation
• Achieve 100% improvement for control deficiency
• Increase GRC Maturity Level to level 4+ (Transform and Advantaged)

• Developed concrete workplans to support GRC Operating Model, concerning implementation activities of GRC governance, management, and monitoring, across domestic and international projects, PTTEP subsidiaries, as well as preparation for future projects.
• Continued the execution of GRC data linkage between GRC units and other departments within the Company for maximum utilization of data and enhance process efficiency. Under this proceeding, PTTEP has consolidated data from all GRC applications to a central database (PTTEP Data Foundation).
• Continued cultivating GRC culture through effective communication campaigns and activities for all employee in Thailand and overseas, while engaging with external stakeholders through information booths and knowledge-sharing sessions.
• Increase efficiency in Business Continuity Management (BCM) by ONE BCMS.
• GRC Maturity Level: 3.84/5 (Managed – Transform Level)* and perform gap improvement and level up GRC Maturity Level.

* Conducted every 5 years, with the latest assessment in 2023.

• Lost Time Injury Frequency (LTIF) of employees and contractors is ≤ 0.06 case per million hours worked.
• Total Recordable Injury Rate (TRIR) of employees and contractors is ≤ 0.50 cases per million hours worked.
• Petroleum spill rate (for spill greater than 1 bbl) is ≤ 0.06 cases per million tonnes of petroleum production.

• Lost Time Injury Frequency (LTIF) of employees and contractors at 0.12 cases per million hours worked.
• Total Recordable Injury Rate (TRIR) of employees and contractors at 0.54 cases per million hours worked.
• Petroleum spill rate at 0.03 cases per million tonnes of petroleum production.

• Reduce Greenhouse Gas (GHG) emissions intensity by at least 30% (from base year 2020).
• Conserve and restore 200,000 rai of forestatrions.

• Reduce GHG emissions intensity by at least 50% (from base year 2020).

• Achieve Net Zero GHG Emissions (Scope 1 and Scope 2) of E&P business under PTTEP’s operational control.

• GHG emissions intensity reduction of 19.5% compared with the 2020 base year.
• Accumulated approved forest conservation and restoration over 156,000 rai of land across 25 provinces.

• Develop and apply technology to support business operations according to the Company’s strategy.

• Reached 26 technology projects in the development phase.
• Generated benefits of USD 296 million from an accumulated total of 12 implemented projects.
• Accumulated intellectual property including 54 granted patents, 12 registered software copyrights, and 57 pending patent applications.

• Employee engagement score at 70%
• Improve employee competency all levels for corporate and international assets to exceed an average of 2023 in preparation for an organizational transformation.
• Improve Human Capital Return on Investment (HCROI)
• Improve turnover rate
• Improve female employee ratio (Gender Diversity)

• Employee engagement score at 75%^*
• Employee competency increased by 6.06% compared to 2024 average score.
• HCROI at 15.72
• Turnover rate at 3.50% of total employees.
• Female employee ratio at 32% of total employees, better than the average of oil and gas industry.

*Conducted every 2 years, with the latest assessment in 2024.

• Minimize environmental footprints from operational activities.
• Petroleum Spill Rate (for spill greater than one barrel) at 0.03 cases per million tonnes of petroleum production.

• Reuse at least 50% of main structures, with safety awareness and efficient conditions.
• Achieve zero waste to landfill in domestic operations including petroleum support bases by 2025 and all operations by 2030.

• Total energy intensity within organization at 1.71 gigajoules per tonnes of production.
• Total fresh water consumption: 0.99 million cubic meters.
• Petroleum Spill Rate (for spill greater than one barrel) at 0.03 cases per million tonnes of petroleum production.
• Zero produced water discharge to environment for operations in Thailand only.
• Main structures reused by 1.4%, with safety awareness and efficient conditions.
• Zero waste to landfill for operations in Thailand achievement since 2024.

• Social Return on Investment (SROI) of social development project not less than 2:1

• Deliver social value to more than 1,300,000 beneficiaries.
• Achieve 50% increase in income of focused communities participating in PTTEP projects, compared to baseline data before PTTEP project implementation.
• Establish more than 22,000 conservation networks.

• Average SROI of 31 strategic CSR projects are 3.90:1
• Beneficiaries of CSR projects over 1,795,000 persons.
• Increased income of focused communities participating in PTTEP projects: more than 53.8% (compared to baseline data before PTTEP project implementation).
• Established 10,154 conservation networks of marine and coastal resources in 17 provinces namely Songkhla, Pattani, Nakhon Si Thammarat, Surat Thani, Prachuap Khiri Khan, Chumphon, Rayong, Phetchaburi, Samut Songkhram, Samut Sakhon, Samut Prakan, Chon Buri, Chanthaburi, Narathiwat, Trat, Chachoengsao, and Bangkok.
• Established 4,400 conservation networks for mangrove and terrestrial forest conservation and protection.

• No human rights violation from direct operational activities.
• Annual human rights risk assessment covers 100% of operating assets, non-operated joint ventures, and Tier-1 suppliers.

• 4 wrongdoing cases identified. PTTEP took disciplinary actions accordingly, ranging from verbal and written warnings to termination without compensation.
• Human rights risk assessment was conducted in 2024, covering 100% of operating assets, non-operated joint ventures, and Tier-1 suppliers.

• No loss from all cyber attacks.
• Test the IT BCM and incident response procedure > 2 times per year.
• All IT infrastructures are certified in accordance with international standards.

• Zero case of information security breaching.
• Completed the IT BCM and incident response procedure testing 4 times.
• Complied with cybersecurity guidelines on the National Institute of Standards and Technology (NIST)'s standardized framework, and all data center facilities were certified by ISO 27001.

• Achieve stakeholder engagement level at two highest levels, Support and Advocacy, as appropriate for stakeholders in each group.

• Conducted 17 workshops in collaboration with all function groups and domestic assets to communicate the results of the 2024 Stakeholder Engagement Survey and to develop stakeholder engagement plans.
• Developed an integrated working model to enable company-wide stakeholder management.
• Formulated action plans and enhanced internal cooperation aimed at strengthening stakeholder relationships.

• Avoid operation in World Heritage sites as defined by UNESCO.

• Net Positive Impact (NPI) for new E&P operated projects in high-risk area.
• No Net Deforestation for new E&P operated projects.

• Increase more than 2 times the Ecosystem Services (ES) value through CSR Programs by 2030, compared to the 2024 level.

• No PTTEP operations in World Heritage sites
• No gross deforestation for E&P operated projects
• Contributed 0.01 times of ES value through CSR programs, compared to the 2024 level.