{"id":38674,"date":"2024-04-22T09:52:44","date_gmt":"2024-04-22T02:52:44","guid":{"rendered":"https:\/\/ir.mfec.co.th\/governance-draft\/"},"modified":"2025-09-03T16:17:20","modified_gmt":"2025-09-03T09:17:20","slug":"governance","status":"publish","type":"page","link":"https:\/\/ir.mfec.co.th\/en\/esg\/governance\/","title":{"rendered":"Governance"},"content":{"rendered":"<style>.elementor-38674 .elementor-element.elementor-element-2b26bdd > .elementor-container{min-height:260px;}.elementor-38674 .elementor-element.elementor-element-2b26bdd:not(.elementor-motion-effects-element-type-background), .elementor-38674 .elementor-element.elementor-element-2b26bdd > .elementor-motion-effects-container > .elementor-motion-effects-layer{background-color:var( --e-global-color-0314024 );background-image:url(\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/Banner_ESG_EN-06-scaled.jpg\");background-position:center center;background-size:cover;}.elementor-38674 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);}}@media(max-width:767px){.elementor-38674 .elementor-element.elementor-element-2b26bdd > .elementor-container{min-height:0px;}.elementor-38674 .elementor-element.elementor-element-2b26bdd{padding:0px 10px 0px 10px;}.elementor-38674 .elementor-element.elementor-element-e6be512 .jeg-elementor-kit.jkit-animated-text .animated-text .normal-text{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-38674 .elementor-element.elementor-element-e6be512 .jeg-elementor-kit.jkit-animated-text .animated-text .dynamic-text{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}}<\/style>\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"38674\" class=\"elementor elementor-38674\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2b26bdd elementor-section-full_width elementor-section-height-min-height elementor-section-height-default elementor-section-items-middle\" data-id=\"2b26bdd\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5a72450\" data-id=\"5a72450\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e6be512 elementor-widget__width-initial elementor-invisible elementor-widget elementor-widget-jkit_animated_text\" data-id=\"e6be512\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;}\" data-widget_type=\"jkit_animated_text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div  class=\"jeg-elementor-kit jkit-animated-text jeg_module___69d90fb2ca04f\"  data-style=\"none\"><h2 class=\"animated-text\"><span class=\"normal-text style-color\"><\/span><span class=\"dynamic-wrapper style-gradient\"><span class=\"dynamic-text\"><\/span><\/span><span class=\"normal-text style-color\"><\/span><\/h2><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-55cc412 e-flex e-con-boxed e-con e-parent\" data-id=\"55cc412\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-468feeb elementor-widget elementor-widget-spacer\" data-id=\"468feeb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-04e7a1a e-con-full e-flex e-con e-child\" data-id=\"04e7a1a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-d1f00ae e-con-full e-flex e-con e-child\" data-id=\"d1f00ae\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c73d942 elementor-widget elementor-widget-heading\" data-id=\"c73d942\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Corporate Governance <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e7e71be elementor-widget elementor-widget-text-editor\" data-id=\"e7e71be\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC firmly believes that strong corporate governance is essential to building long-term value for investors and shareholders, while driving sustainable growth and stability for all stakeholders. As such, corporate governance is embedded into the Company\u2019s vision, mission, and core values, guiding both technological development and responsible business collaboration in alignment with good governance practices.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The Company has established and implemented a Corporate Governance Policy, Corporate Governance Manual, and Business Code of Conduct, all of which are aligned with the Principles of Good Corporate Governance for Listed Companies as outlined by the Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand (SET).<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">These frameworks serve as operational guidelines, ensuring that the Board of Directors, executives, and employees at all levels uphold accountability, fairness, transparency, and integrity in every aspect of our business conduct.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d78dc3e e-con-full e-flex e-con e-child\" data-id=\"d78dc3e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-85e5696 elementor-widget elementor-widget-image\" data-id=\"85e5696\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1956\" height=\"2048\" src=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2024\/06\/ESG-\u0e2b\u0e19\u0e49\u0e32-80-TH-1956x2048.png\" class=\"attachment-2048x2048 size-2048x2048 wp-image-40840\" alt=\"\" srcset=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2024\/06\/ESG-\u0e2b\u0e19\u0e49\u0e32-80-TH-1956x2048.png 1956w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2024\/06\/ESG-\u0e2b\u0e19\u0e49\u0e32-80-TH-286x300.png 286w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2024\/06\/ESG-\u0e2b\u0e19\u0e49\u0e32-80-TH-978x1024.png 978w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2024\/06\/ESG-\u0e2b\u0e19\u0e49\u0e32-80-TH-768x804.png 768w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2024\/06\/ESG-\u0e2b\u0e19\u0e49\u0e32-80-TH-1467x1536.png 1467w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2024\/06\/ESG-\u0e2b\u0e19\u0e49\u0e32-80-TH-580x607.png 580w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2024\/06\/ESG-\u0e2b\u0e19\u0e49\u0e32-80-TH-860x901.png 860w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2024\/06\/ESG-\u0e2b\u0e19\u0e49\u0e32-80-TH-1160x1215.png 1160w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2024\/06\/ESG-\u0e2b\u0e19\u0e49\u0e32-80-TH.png 2037w\" sizes=\"(max-width: 1956px) 100vw, 1956px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-597dbc5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"597dbc5\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1c26e2d\" data-id=\"1c26e2d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b19565e elementor-widget elementor-widget-spacer\" data-id=\"b19565e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d6f85f6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d6f85f6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2da04ff\" data-id=\"2da04ff\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ba039aa e-flex e-con-boxed e-con e-parent\" data-id=\"ba039aa\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-14da352 elementor-widget elementor-widget-heading\" data-id=\"14da352\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Board Composition <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ac19b20 elementor-widget elementor-widget-image\" data-id=\"ac19b20\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"2560\" height=\"553\" src=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/28.2_EN-scaled.png\" class=\"attachment-full size-full wp-image-43881\" alt=\"\" srcset=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/28.2_EN-scaled.png 2560w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/28.2_EN-300x65.png 300w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/28.2_EN-1024x221.png 1024w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/28.2_EN-768x166.png 768w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/28.2_EN-1536x332.png 1536w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/28.2_EN-2048x442.png 2048w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/28.2_EN-580x125.png 580w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/28.2_EN-860x186.png 860w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/28.2_EN-1160x250.png 1160w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e7e698b elementor-widget elementor-widget-heading\" data-id=\"e7e698b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Board Skills and Experience <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52630a3 elementor-widget elementor-widget-image\" data-id=\"52630a3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"2042\" height=\"1205\" src=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/29.2_EN.png\" class=\"attachment-full size-full wp-image-43884\" alt=\"\" srcset=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/29.2_EN.png 2042w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/29.2_EN-300x177.png 300w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/29.2_EN-1024x604.png 1024w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/29.2_EN-768x453.png 768w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/29.2_EN-1536x906.png 1536w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/29.2_EN-580x342.png 580w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/29.2_EN-860x507.png 860w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/29.2_EN-1160x685.png 1160w\" sizes=\"(max-width: 2042px) 100vw, 2042px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-025d49d e-flex e-con-boxed e-con e-parent\" data-id=\"025d49d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-da9fa2d e-con-full e-flex e-con e-child\" data-id=\"da9fa2d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a2ae280 elementor-widget elementor-widget-heading\" data-id=\"a2ae280\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Code of Conduct <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a1a0d4 elementor-widget elementor-widget-text-editor\" data-id=\"8a1a0d4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC operates on the foundation of its organizational ideology that emphasizes sustainability, transparency, and social responsibility. The Company has established a code of conduct to guide employees at all levels in conducting their duties appropriately and ethically.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">This code is an integral part of the Company\u2019s internal regulations and applies to all personnel\u2014from operational staff, business unit heads, and executives, to directors, independent directors, the Chief Operating Officer, Chief Executive Officer, and the Chairman of the Board. Everyone in the organization is required to strictly adhere to the standards outlined in the Business Code of Conduct handbook.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Additionally, MFEC has developed and enforced a Supplier Code of Conduct, which serves as a guideline for partners and vendors to conduct business responsibly within the supply chain.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2499281 e-con-full e-flex e-con e-child\" data-id=\"2499281\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0064af5 elementor-widget elementor-widget-n-accordion\" data-id=\"0064af5\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;expanded&quot;,&quot;max_items_expended&quot;:&quot;one&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:400,&quot;sizes&quot;:[]}}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-4120\" class=\"e-n-accordion-item\" open>\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"true\" aria-controls=\"e-n-accordion-item-4120\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Conflict of Interest Prevention  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4120\" class=\"elementor-element elementor-element-16980a6 e-con-full e-flex e-con e-child\" data-id=\"16980a6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4120\" class=\"elementor-element elementor-element-c7583da e-flex e-con-boxed e-con e-child\" data-id=\"c7583da\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-10a2518 elementor-widget elementor-widget-text-editor\" data-id=\"10a2518\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC recognizes that various forms of conflicts of interest may arise during business operations. To ensure transparency and integrity in accordance with the Company\u2019s good corporate governance policy, we have established clear policies and guidelines to prevent such conflicts\u2014always prioritizing the best interests of the Company and its shareholders, and avoiding any actions that could result in a conflict of interest.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol><li><span data-contrast=\"auto\"> All personnel must comply with the procedures and approval authorities regarding related-party transactions or any potential conflicts of interest, including the disclosure of such transactions in accordance with the regulations of the Stock Exchange of Thailand and the Securities and Exchange Commission.<\/span><\/li><li>All personnel must not use confidential company information for personal gain or for the benefit of others, whether or not it causes harm to the Company. They must also strictly adhere to the Company\u2019s insider trading and information usage policies.<span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/li><\/ol><ol start=\"3\"><li><span data-contrast=\"auto\"> Any business dealings with the Company\u2014whether in a personal capacity, through family, or a legal entity in which an employee has a vested interest\u2014must be fully disclosed to the Company prior to entering into any transaction.<\/span><\/li><li><span data-contrast=\"auto\"> Individuals must abstain from attending meetings, expressing opinions, or participating in decision-making processes on matters in which they have a direct or indirect conflict of interest, in order to ensure fair and unbiased decision-making for the benefit of the Company.<\/span><\/li><\/ol><ol start=\"5\"><li><span data-contrast=\"auto\"> Employees must ensure that outside business activities do not interfere with their duties or work hours at MFEC. Participation in any business that competes with the Company is strictly prohibited.<\/span><\/li><li><span data-contrast=\"auto\"> Executives at Level D and above must obtain prior approval from the authorized body of the Company before accepting a director position in another company (except for non-profit charitable organizations).<\/span><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-4121\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-4121\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Anti-Corruption and Anti-Bribery  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4121\" class=\"elementor-element elementor-element-8dcca6b e-con-full e-flex e-con e-child\" data-id=\"8dcca6b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4121\" class=\"elementor-element elementor-element-8b85aa2 e-flex e-con-boxed e-con e-child\" data-id=\"8b85aa2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e10f6fc elementor-widget elementor-widget-text-editor\" data-id=\"e10f6fc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC is firmly committed to combating all forms of corruption and bribery. All personnel are strictly prohibited from soliciting, engaging in, or accepting any corrupt activities for the benefit of the Company, themselves, or related parties\u2014this applies across all countries and business units. The Company has therefore established anti-corruption policies and guidelines in compliance with applicable laws and regulations, which must be strictly followed by all employees.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol><li><span data-contrast=\"auto\"> Communicate anti-corruption policies and practices clearly to all levels of personnel, as well as to internal and external stakeholders.<\/span><\/li><li><span data-contrast=\"auto\"> All employees are prohibited from engaging in, being complicit in, or accepting any form of corruption or bribery, whether directly or indirectly. They must not ignore or overlook any suspected corruption related to the Company or its subsidiaries and must report such suspicions through the Company\u2019s whistleblowing or complaint channels.<\/span><\/li><li><span data-contrast=\"auto\"> Activities such as giving or receiving gifts, entertainment, donations, sponsorships, political contributions, managing conflicts of interest, facilitation payments, hiring of government officials, protection of company assets, use of insider information, disclosure of information, anti-money laundering, intellectual property, legal and regulatory compliance, confidentiality, fair competition, and IT security must all be conducted transparently and in accordance with the Company\u2019s Code of Conduct.<\/span><\/li><li><span data-contrast=\"auto\">Exercise due diligence when conducting business transactions with individuals, legal entities, or organizations that may be suspected of engaging in corruption or bribery.<\/span><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-4122\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"3\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-4122\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Whistleblowing and Protection of Complainants  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4122\" class=\"elementor-element elementor-element-fa7c092 e-con-full e-flex e-con e-child\" data-id=\"fa7c092\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4122\" class=\"elementor-element elementor-element-c35629b e-flex e-con-boxed e-con e-child\" data-id=\"c35629b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8642cf7 elementor-widget elementor-widget-text-editor\" data-id=\"8642cf7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC has established a whistleblowing and complaint system for individuals who witness or are affected by misconduct\u2014such as corruption, violations of laws, regulations, company policies, or breaches of the Code of Conduct. You may report such matters through the following channels:<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><b><span data-contrast=\"auto\">For External Stakeholders:<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Anti-Corruption Task Force<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">MFEC Public Company Limited<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">349 SJ Infinite One Business Complex, Vibhavadi Rangsit Road,<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Chomphon, Chatuchak, Bangkok 10900<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Tel: 02-821-7999<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Email: Anti-corruption@mfec.co.th<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Online Form Submission<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Please visit: IR &gt; Corporate Governance &gt; Whistleblowing Channel (<\/span><a href=\"https:\/\/ir.mfec.co.th\/en\/whistleblowing-channel\/\"><span data-contrast=\"none\">https:\/\/ir.mfec.co.th\/en\/whistleblowing-channel\/<\/span><\/a><span data-contrast=\"auto\">)<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><b><span data-contrast=\"auto\">For MFEC Employees:<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; MFEC Public Company Limited<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">349 SJ Infinite One Business Complex, Vibhavadi Rangsit Road,<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Chomphon, Chatuchak, Bangkok 10900<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Tel: 02-821-7999<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Email: Anti-corruption@mfec.co.th<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Immediate supervisors, department heads, or designated individuals or units (e.g., Human Resources, Internal Audit) whom the whistleblower trusts<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Independent Directors or other designated Committees of the Company<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-4123\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"4\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-4123\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Insider Trading Prevention  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4123\" class=\"elementor-element elementor-element-e42f754 e-flex e-con-boxed e-con e-child\" data-id=\"e42f754\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4123\" class=\"elementor-element elementor-element-f4376b2 e-con-full e-flex e-con e-child\" data-id=\"f4376b2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e9da7df elementor-widget elementor-widget-text-editor\" data-id=\"e9da7df\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Directors, executives, and employees at all levels are strictly prohibited from using material, non-public (inside) information for their own benefit or for the benefit of others. While directors, executives, and employees have the freedom to invest in the Company\u2019s securities or those of other listed companies, they must comply with the following rules:<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol><li><span data-contrast=\"auto\"> Disclosure of Interests:<\/span><\/li><\/ol><p><span data-contrast=\"auto\">All directors, executives, and employees must report any personal interests to the Company Secretary. These reports are compiled and submitted quarterly to the Board of Directors along with any changes in shareholding.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol start=\"2\"><li><span data-contrast=\"auto\"> Blackout Period:<\/span><\/li><\/ol><p><span data-contrast=\"auto\">Buying or selling MFEC securities is prohibited during the 30 days prior to the public disclosure of the Company\u2019s financial statements. If any employee needs to trade MFEC securities during this period, prior approval must be obtained from the designated regulatory unit.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol start=\"3\"><li><span data-contrast=\"auto\"> SEC Reporting Obligation:<\/span><\/li><\/ol><p><span data-contrast=\"auto\">Securities transactions must be reported to the Securities and Exchange Commission (SEC) within three business days from the date of purchase, sale, or receipt of securities, in accordance with Section 59, to ensure shareholders are informed of such changes.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-4124\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"5\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-4124\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Anti-Money Laundering (AML)  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4124\" class=\"elementor-element elementor-element-6b8e58e e-flex e-con-boxed e-con e-child\" data-id=\"6b8e58e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-408dcf8 elementor-widget elementor-widget-text-editor\" data-id=\"408dcf8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">The Company shall not accept or facilitate the transfer or conversion of assets, nor support any such activities related to criminal conduct. This policy is in place to prevent the use of MFEC\u2019s business channels for laundering, concealing, or disguising the origins of illicit assets\u2014which may result in damage to the Company or its stakeholders, whether directly or indirectly.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol><li><span data-contrast=\"auto\"> Prior to engaging in any transaction, the source of funds must be verified to ensure they are obtained through legal means.<\/span><\/li><li><span data-contrast=\"auto\"> Do not transfer funds to unknown accounts or accept payments that exhibit unusual or suspicious patterns, in accordance with the Company\u2019s corporate governance policies.<\/span><\/li><li><span data-contrast=\"auto\"> Any irregular or suspicious transactions must be reported to a supervisor immediately.<\/span><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-4125\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"6\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-4125\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Giving or Receiving Gifts, Entertainment, or Business Hospitality <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4125\" class=\"elementor-element elementor-element-177eae7 e-flex e-con-boxed e-con e-child\" data-id=\"177eae7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4125\" class=\"elementor-element elementor-element-03b718a e-con-full e-flex e-con e-child\" data-id=\"03b718a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-58a6cc9 elementor-widget elementor-widget-text-editor\" data-id=\"58a6cc9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC acknowledges that giving or receiving gifts, assets, or any other benefits\u2014including entertainment and hospitality\u2014can pose risks of corruption. Therefore, the Company has established clear policies and guidelines to ensure that such practices are conducted appropriately and transparently.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol><li><span data-contrast=\"auto\"> The giving or receiving of gifts, entertainment, or customary hospitality is permissible only when it is reasonable, culturally appropriate, and within Company policy. Such actions must be transparent, publicly disclosed or disclosable, and must not influence business decisions or lead to any undue advantage, favoritism, or breach of duty. All activities must comply with the procedures prescribed by the Company.<\/span><\/li><li><span data-contrast=\"auto\"> If an employee receives a gift or benefit valued at more than THB 3,000 on a customary or traditional occasion from a business-related party, they must report it to their supervisor and follow the Company\u2019s reporting procedures.<\/span><\/li><li><span data-contrast=\"auto\"> If an employee receives goods from a vendor\u2014whether for testing, trial use, or any other purpose\u2014they must notify the relevant department and log the items into the Company system before using them. The employee is responsible for returning the items to the Company after use.<\/span><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-4126\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"7\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-4126\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Compliance with Laws, Rules, and Regulations  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4126\" class=\"elementor-element elementor-element-d72be91 e-flex e-con-boxed e-con e-child\" data-id=\"d72be91\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4126\" class=\"elementor-element elementor-element-10f6a33 e-con-full e-flex e-con e-child\" data-id=\"10f6a33\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6a925f5 elementor-widget elementor-widget-text-editor\" data-id=\"6a925f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">All directors, executives, and employees must strictly comply with applicable laws, regulations, and company policies. They must not knowingly participate in, assist with, or carry out any action that violates or contravenes these laws or internal regulations.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol><li><span data-contrast=\"auto\"> Adhere to all company policies regarding attendance, holidays, leave entitlements, overtime, working on holidays, and all other workplace conduct, in strict accordance with the Company\u2019s Code of Conduct.<\/span><\/li><li><span data-contrast=\"auto\"> Act with honesty and integrity by providing truthful personal information as requested by the Company, refraining from submitting any false or misleading statements, and always protecting the Company\u2019s interests as if they were their own.<\/span><\/li><li><span data-contrast=\"auto\"> Maintain confidentiality by not disclosing or distributing confidential information, trade secrets, production methods, internal figures, or documents related to the Company or its business to unauthorized individuals or third parties. This also includes protecting customer confidentiality.<\/span><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-4127\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"8\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-4127\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Use and Protection of Information and Assets  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4127\" class=\"elementor-element elementor-element-51f92e5 e-flex e-con-boxed e-con e-child\" data-id=\"51f92e5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c31afbf elementor-widget elementor-widget-text-editor\" data-id=\"c31afbf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC has established clear policies and practices to ensure the proper care and use of Company assets under the responsibility of employees or departments. These measures are in place to prevent loss, damage, or misuse due to improper handling or negligence.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol><li><span data-contrast=\"auto\"> Directors, executives, and employees are responsible for safeguarding Company assets against loss or damage. They must use such assets efficiently and solely for the benefit of the Company\u2014not for personal use or for the benefit of others.<\/span><\/li><li><span data-contrast=\"auto\"> The use of IT systems and Company data must avoid any activities that could infringe on the rights of others or impair system performance. This includes avoiding non-work-related use, unauthorized software installation, system modifications, or settings changes that may compromise security. In the event of technical issues or irregularities, employees must contact the IT department. All system usage must comply with access rights, and passwords must be kept secure and not shared with others.<\/span><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-4128\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"9\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-4128\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Unfair Competition Prevention  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4128\" class=\"elementor-element elementor-element-a70e426 e-flex e-con-boxed e-con e-child\" data-id=\"a70e426\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4128\" class=\"elementor-element elementor-element-61ef640 e-con-full e-flex e-con e-child\" data-id=\"61ef640\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-83a21a8 elementor-widget elementor-widget-text-editor\" data-id=\"83a21a8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC recognizes the importance of complying with competition laws while upholding business ethics, customer and partner interests, and fair competition with other market players. The Company has established the following guidelines to prevent unfair competition, which all personnel must strictly follow:<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol><li><span data-contrast=\"auto\">The Company conducts its business based on free and fair competition, ensuring transparency, avoiding exploitation, and complying with all relevant competition laws.<\/span><\/li><li><span data-contrast=\"auto\">In cases of joint ventures, mergers, or acquisitions, the Company must ensure that such actions are transparent and do not result in market monopolization or create unfair competitive advantages.<\/span><\/li><li><span data-contrast=\"auto\"> The Company does not engage in agreements or exchange business information with competitors or any other parties in ways that may lead to monopolies, restrictions, or reduction of market competition\u2014such as price fixing, bid rigging, or market allocation.<\/span><\/li><li><span data-contrast=\"auto\"> The Company avoids any commercial practices that may be considered unfair to other businesses, including imposing trade terms that restrict partners\u2019 opportunities or choices.<\/span><\/li><li><span data-contrast=\"auto\"> Employees must exercise caution when interacting with competitors or their employees and must not disclose any confidential Company information to them.<\/span><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-4129\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"10\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-4129\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Information and System Security  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-4129\" class=\"elementor-element elementor-element-72339d2 e-flex e-con-boxed e-con e-child\" data-id=\"72339d2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cf4a5e7 elementor-widget elementor-widget-text-editor\" data-id=\"cf4a5e7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC recognizes the importance of information and system security. Accordingly, the Company has established an Information Technology Policy and an Information Security Policy, which all directors, executives, and employees are required to strictly comply with and support.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol><li><span data-contrast=\"auto\"> Information Technology Policy<\/span><\/li><\/ol><p><span data-contrast=\"auto\">This policy outlines procedures and usage guidelines to ensure appropriate and secure use of the Company\u2019s information systems. Key components include:<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Access request and revocation procedures<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; User rights and responsibilities<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Communication via social media<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Password setting and usage<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; System security standards<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Disciplinary actions for policy violations<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol start=\"2\"><li><span data-contrast=\"auto\"> Information Security Policy<\/span><\/li><\/ol><p><span data-contrast=\"auto\">MFEC has defined a clear and appropriate Information Security Policy consisting of guidelines, standards, and procedures to ensure safe and efficient use of information and technology systems. This policy is divided into 9 sub-policies covering areas critical to secure, continuous operations and prevention of threats or misuse.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol start=\"3\"><li><span data-contrast=\"auto\"> Responsibilities<\/span><\/li><\/ol><p><span data-contrast=\"auto\">All directors, executives, and employees are responsible for maintaining the confidentiality, integrity, and availability of information and must use information systems in accordance with the Company\u2019s established IT and information security policies.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-41210\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"11\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-41210\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Environmental Management  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-41210\" class=\"elementor-element elementor-element-2b64912 e-flex e-con-boxed e-con e-child\" data-id=\"2b64912\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2f5a919 elementor-widget elementor-widget-text-editor\" data-id=\"2f5a919\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC is committed to minimizing negative environmental impacts across our business operations and value chain. At the same time, we strive to create positive environmental outcomes through our business practices, products, services, and activities\u2014enabling our value chain and customers to transition toward a sustainable, eco-friendly economy.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">To this end, we actively support the United Nations Sustainable Development Goals (UN SDGs) by promoting the development and dissemination of environmentally friendly technologies, organizing initiatives that elevate environmental responsibility, and endorsing sustainable operational practices.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">We have developed environmental policies focused on conservation, climate risk and opportunity management, and sustainable environmental practices. These efforts are designed to help our customers and business partners operate in a way that is both sustainable and environmentally responsible.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-41211\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"12\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-41211\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Human Rights  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-41211\" class=\"elementor-element elementor-element-98a35b3 e-flex e-con-boxed e-con e-child\" data-id=\"98a35b3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-be4d521 elementor-widget elementor-widget-text-editor\" data-id=\"be4d521\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Human rights violations are serious issues that affect society at large. As a responsible corporate citizen, MFEC is committed to upholding internationally recognized human rights principles. We treat all stakeholders with fairness and equality, and we respect labor rights and human dignity.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol><li><span data-contrast=\"auto\"> Treat others with respect and dignity, ensuring equal treatment without discrimination. This includes non-discrimination on the basis of physical or mental condition, race, religion, gender, language, age, skin color, education, social status, or any other factor.<\/span><\/li><li><span data-contrast=\"auto\"> Perform duties with caution to prevent human rights violations in business operations and among business partners. Employees must monitor and report concerns to supervisors to prevent potential infringements of human rights.<\/span><\/li><li><span data-contrast=\"auto\"> Ensure equal treatment in all aspects of employment\u2014including recruitment, compensation, working hours and holidays, job assignments, performance evaluations, training and development, and career planning\u2014without discrimination.<\/span><\/li><li><span data-contrast=\"auto\"> Do not engage in forced labor or unlawful employment practices, and do not permit any form of inhumane punishment, intimidation, threats, harassment, or violence in any form against employees.<\/span><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-41212\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"13\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-41212\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Occupational Health and Safety  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-41212\" class=\"elementor-element elementor-element-1fa7367 e-flex e-con-boxed e-con e-child\" data-id=\"1fa7367\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5d4e59f elementor-widget elementor-widget-text-editor\" data-id=\"5d4e59f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC is committed to ensuring a safe and healthy work environment for all categories of employees, contractors, suppliers, partners, and visitors\u2014including those working off-site. The Company has established safety and occupational health measures that align with best practices to protect all individuals involved in our operations.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol><li><span data-contrast=\"auto\"> MFEC provides a clean and safe working environment, along with equipment and tools that support safe operations. Resources are continuously allocated to ensure occupational safety.<\/span><\/li><li><span data-contrast=\"auto\"> Employees are encouraged to freely raise concerns and share observations about potential health and safety risks. This helps assess and prevent hazards before they occur.<\/span><\/li><\/ol><ol start=\"3\"><li><span data-contrast=\"auto\"> First aid kits are made available at workplaces to support immediate response before transferring individuals to hospitals or nearby medical units.<\/span><\/li><li><span data-contrast=\"auto\"> Emergency response plans are established to ensure all employees know how to act during emergencies, such as evacuation procedures, assembly point check-ins, and emergency contact protocols. Emergency drills, such as fire evacuation training, are held at least once a year.<\/span><\/li><li><span data-contrast=\"auto\"> Pre-employment health checks are required to ensure candidates are fit to work. Annual health screenings are also provided to monitor employee wellness and promote early prevention and treatment.<\/span><\/li><li><span data-contrast=\"auto\"> Drivers employed by the Company must undergo drug and alcohol testing. If a driver tests positive, rehabilitation may be offered for the first offense. A second offense or possession of illegal substances will result in immediate termination and legal action.<\/span><\/li><li><span data-contrast=\"auto\"> Drivers must strictly comply with traffic laws, including speed limits, licensing requirements, and legal load capacities.<\/span><\/li><li><span data-contrast=\"auto\"> All vehicles and related equipment must be regularly inspected to ensure they are in proper working condition.<\/span><\/li><li><span data-contrast=\"auto\"> Supervisors are responsible for monitoring the behavior of their team members. If there is suspicion of drug use, the Occupational Health and Safety Committee may arrange for unannounced testing by qualified third parties.<\/span><\/li><li><span data-contrast=\"auto\"> MFEC enforces a Stop Work Authority Policy, which empowers all employees to halt work or unsafe behavior that violates the Company\u2019s safety, occupational health, and environmental standards.<\/span><\/li><li><span data-contrast=\"auto\"> The Company provides regular training on workplace safety, occupational health, environmental practices, and internal rules and regulations.<\/span><\/li><\/ol><ol start=\"12\"><li><span data-contrast=\"auto\"> MFEC has established a Safety, Occupational Health, and Workplace Environment Committee to oversee, improve, and prevent potential hazards that could impact employees or company assets, ensuring continuous enhancement of safety and workplace conditions.<\/span><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d8e5cf6 e-flex e-con-boxed e-con e-parent\" data-id=\"d8e5cf6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-08a9f8e elementor-widget elementor-widget-image\" data-id=\"08a9f8e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1608\" height=\"649\" src=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/32_EN.png\" class=\"elementor-animation-hang attachment-full size-full wp-image-43887\" alt=\"\" srcset=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/32_EN.png 1608w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/32_EN-300x121.png 300w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/32_EN-1024x413.png 1024w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/32_EN-768x310.png 768w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/32_EN-1536x620.png 1536w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/32_EN-580x234.png 580w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/32_EN-860x347.png 860w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/32_EN-1160x468.png 1160w\" sizes=\"(max-width: 1608px) 100vw, 1608px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-04e01c8 e-con-full e-flex e-con e-child\" data-id=\"04e01c8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bf387be elementor-widget elementor-widget-spacer\" data-id=\"bf387be\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-55ad1bd elementor-widget elementor-widget-heading\" data-id=\"55ad1bd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Risk Management <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd22066 elementor-widget elementor-widget-text-editor\" data-id=\"dd22066\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC has adopted a structured and continuous risk management framework based on international standards, specifically the COSO Enterprise Risk Management (ERM) framework developed by the Committee of Sponsoring Organizations. The Company has established a comprehensive risk management structure and process to proactively reduce the likelihood and potential impact of risks to a level that is acceptable, measurable, controllable, and auditable.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The primary objective is to support the achievement of the Company&#8217;s goals and strategic objectives. The Risk Management Committee defines the risk management purpose, risk environment, event identification, risk assessment, risk response strategies, control activities, and ensures continuous communication and monitoring across the organization.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-db6698b e-con-full e-flex e-con e-child\" data-id=\"db6698b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-5a9855b e-con-full e-flex e-con e-child\" data-id=\"5a9855b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-953cae2 e-con-full e-flex e-con e-child\" data-id=\"953cae2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c6ef261 elementor-widget elementor-widget-image\" data-id=\"c6ef261\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1330\" src=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/34_EN-scaled.png\" class=\"attachment-full size-full wp-image-43890\" alt=\"\" srcset=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/34_EN-scaled.png 2560w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/34_EN-300x156.png 300w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/34_EN-1024x532.png 1024w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/34_EN-768x399.png 768w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/34_EN-1536x798.png 1536w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/34_EN-2048x1064.png 2048w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/34_EN-580x301.png 580w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/34_EN-860x447.png 860w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/34_EN-1160x603.png 1160w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7505244 e-con-full e-flex e-con e-child\" data-id=\"7505244\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e18f197 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e18f197\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-467bab1\" data-id=\"467bab1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e79f728 elementor-widget elementor-widget-spacer\" data-id=\"e79f728\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e1801a8 elementor-widget elementor-widget-heading\" data-id=\"e1801a8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Fostering a Risk Management Culture <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a7abe54 elementor-widget elementor-widget-text-editor\" data-id=\"a7abe54\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC places strong emphasis on cultivating a risk-aware organizational culture. The Company encourages employees at all levels to develop awareness, understanding, and the necessary skills in risk management, internal control, business continuity management, and crisis management.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">This enables the organization to effectively prevent and control risks that may impact business operations. Risk indicators (KRIs) are established for each department, and employees receive continuous training\u2014both through online modules and interactive sessions\u2014to embed risk management as an integral part of the Company\u2019s work culture.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ec5c21 elementor-widget elementor-widget-image\" data-id=\"4ec5c21\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2140\" height=\"495\" src=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/36_EN.png\" class=\"attachment-full size-full wp-image-43893\" alt=\"\" srcset=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/36_EN.png 2140w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/36_EN-300x69.png 300w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/36_EN-1024x237.png 1024w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/36_EN-768x178.png 768w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/36_EN-1536x355.png 1536w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/36_EN-2048x474.png 2048w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/36_EN-580x134.png 580w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/36_EN-860x199.png 860w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/36_EN-1160x268.png 1160w\" sizes=\"(max-width: 2140px) 100vw, 2140px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bbbd06a elementor-widget elementor-widget-spacer\" data-id=\"bbbd06a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-e029bba e-flex e-con-boxed e-con e-parent\" data-id=\"e029bba\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-49d79e4 elementor-widget elementor-widget-spacer\" data-id=\"49d79e4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-62e6359 elementor-widget elementor-widget-heading\" data-id=\"62e6359\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Business Continuity Management (BCM) <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b66e42 elementor-widget elementor-widget-text-editor\" data-id=\"3b66e42\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Business Continuity Management (BCM) enables organizations to respond effectively and continue operations during crises or emergency situations that could disrupt normal business activities. Without proper preparedness, such disruptions may have both direct and indirect impacts on the economy, finances, human lives, and assets. BCM is therefore essential for mitigating the effects of unforeseen incidents and ensuring that critical business processes can continue and recover within an appropriate timeframe.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">MFEC has established a Business Continuity Plan (BCP), including clear policies, measures, and procedures, to ensure organizational readiness. This framework equips relevant personnel with the capabilities to respond effectively to various crises and maintain business operations with minimal disruption. The plan outlines detailed operational procedures to ensure continuity and timely recovery.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d601611 elementor-widget elementor-widget-image\" data-id=\"d601611\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1787\" height=\"489\" src=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/38_EN.png\" class=\"attachment-full size-full wp-image-43896\" alt=\"\" srcset=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/38_EN.png 1787w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/38_EN-300x82.png 300w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/38_EN-1024x280.png 1024w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/38_EN-768x210.png 768w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/38_EN-1536x420.png 1536w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/38_EN-580x159.png 580w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/38_EN-860x235.png 860w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/38_EN-1160x317.png 1160w\" sizes=\"(max-width: 1787px) 100vw, 1787px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-100577f elementor-widget elementor-widget-spacer\" data-id=\"100577f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0e2df07 e-flex e-con-boxed e-con e-parent\" data-id=\"0e2df07\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-e7271f9 e-con-full e-flex e-con e-child\" data-id=\"e7271f9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5f208b6 elementor-widget elementor-widget-heading\" data-id=\"5f208b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Sustainable Supply Chain Management <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b294301 elementor-widget elementor-widget-text-editor\" data-id=\"b294301\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Effective and responsible supply chain management is a critical component in supporting MFEC\u2019s sustainable growth. Engaging with suppliers who pose environmental, social, governance, or economic risks can affect the continuity of operations and the Company\u2019s reputation.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">MFEC therefore places strong emphasis on managing supplier relationships throughout the entire supply chain. This includes enhancing supplier capabilities to reduce both short-term and long-term risks that may impact the Company\u2019s operations. By doing so, we aim to strengthen our competitive advantage and build lasting trust with suppliers, ensuring mutual and sustainable growth.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b82240a e-con-full e-flex e-con e-child\" data-id=\"b82240a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6a907ac elementor-widget elementor-widget-n-accordion\" data-id=\"6a907ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;expanded&quot;,&quot;max_items_expended&quot;:&quot;one&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:400,&quot;sizes&quot;:[]}}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1110\" class=\"e-n-accordion-item\" open>\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"true\" aria-controls=\"e-n-accordion-item-1110\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Establishment of the Supplier Code of Conduct  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1110\" class=\"elementor-element elementor-element-e0a5d46 e-con-full e-flex e-con e-child\" data-id=\"e0a5d46\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fb07b8e elementor-widget elementor-widget-text-editor\" data-id=\"fb07b8e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC places great importance on supply chain management that incorporates environmental, social, governance, and economic considerations. To ensure a unified standard and practice, the Company has developed a Supplier Code of Conduct to serve as a guideline for all business partners.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">All suppliers are required to acknowledge and accept the terms of the Supplier Code of Conduct before being selected as an official partner. In addition, MFEC conducts performance monitoring and compliance assessments at least once a year.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1111\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1111\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Selection and Registration of New Suppliers  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1111\" class=\"elementor-element elementor-element-020b583 e-con-full e-flex e-con e-child\" data-id=\"020b583\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b198489 elementor-widget elementor-widget-text-editor\" data-id=\"b198489\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC has established a clear and systematic policy for sourcing and selecting suppliers\u2014including manufacturers, vendors, distributors, service providers, and contractors\u2014based on principles of fairness and transparency.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The selection criteria are well-defined and include social and environmental considerations, with a focus on supporting partners who operate ethically. All procedures follow the Company\u2019s procurement regulations to ensure cost-effective management, operational efficiency, and long-term business collaboration.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1112\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"3\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1112\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Analysis of Key Suppliers and High-Sustainability-Risk Suppliers  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1112\" class=\"elementor-element elementor-element-a06dbc2 e-con-full e-flex e-con e-child\" data-id=\"a06dbc2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b4faf34 elementor-widget elementor-widget-text-editor\" data-id=\"b4faf34\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b><span data-contrast=\"auto\">Criteria for Identifying Critical Tier 1 Suppliers:<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13,&quot;335559685&quot;:720}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"37\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Top 10 suppliers by purchase volume<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"37\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Suppliers of goods or services essential to core operations<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"37\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Suppliers that cannot be easily replaced<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/li><\/ul><p><b><span data-contrast=\"auto\">Criteria for Identifying Critical Non-Tier 1 Suppliers:<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13,&quot;335559685&quot;:720}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"37\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Suppliers that play a key role in the overall business operations of MFEC\u2019s top 10 critical Tier 1 suppliers<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"37\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">Suppliers of goods or services essential to operations<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"37\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"6\" data-aria-level=\"1\"><span data-contrast=\"auto\">Suppliers that cannot be easily replaced<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1113\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"4\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1113\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Sustainability Risk Management for Suppliers  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1113\" class=\"elementor-element elementor-element-ed4523f e-flex e-con-boxed e-con e-child\" data-id=\"ed4523f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-01c3e6b elementor-widget elementor-widget-text-editor\" data-id=\"01c3e6b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC encourages suppliers to uphold ethical business conduct by issuing an annual Supplier Code of Conduct for review and signed acknowledgment. To evaluate sustainability performance, the Company requires suppliers to complete a self-assessment questionnaire covering environmental, social, governance, and economic (ESG) aspects.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The Company has set specific criteria for supplier selection and assessment, including sending the sustainability questionnaire to all suppliers with annual purchase volumes of THB 5 million or more.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><b><span data-contrast=\"auto\">Risk Areas Covered in the Assessment<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ol><li><span data-contrast=\"auto\"> Economic Risk:<\/span> <span data-contrast=\"auto\">Includes the quality of goods\/services, delivery timelines, and the technical expertise of the supplier.<\/span><\/li><li><span data-contrast=\"auto\"> Environmental Risk: Covers areas such as climate change management, greenhouse gas emissions, and the organization\u2019s environmental governance.<\/span><\/li><li><span data-contrast=\"auto\"> Social Risk: Encompasses employee health and safety, community impact, and workplace conditions.<\/span><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1114\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"5\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1114\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Supplier Site Visits (On-site ESG Audit)  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1114\" class=\"elementor-element elementor-element-0398b3d e-flex e-con-boxed e-con e-child\" data-id=\"0398b3d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-76a988e elementor-widget elementor-widget-text-editor\" data-id=\"76a988e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC has established a process for conducting on-site ESG audits of suppliers to closely assess their operations. This ensures that suppliers align with sustainability standards and helps mitigate sustainability risks across the Company\u2019s supply chain.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><b><span data-contrast=\"auto\">Criteria for On-site ESG Audit:<\/span><\/b><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"38\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Suppliers with a purchase volume of THB 5 million or more in 2024<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"38\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Suppliers with a sustainability risk assessment score above 70 are subject to an on-site ESG audit, as they may pose a higher risk of negative impact if found to be non-compliant with sustainability standards<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1115\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"6\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1115\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Supplier Sustainability Development  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><i aria-hidden=\"true\" class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t<span class='e-closed'><i aria-hidden=\"true\" class=\"fas fa-plus\"><\/i><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1115\" class=\"elementor-element elementor-element-46a4806 e-flex e-con-boxed e-con e-child\" data-id=\"46a4806\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f8a87b9 elementor-widget elementor-widget-text-editor\" data-id=\"f8a87b9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Supplier development is vital to achieving long-term business success. Strong supplier relationships contribute to stable and sustainable growth. To ensure effective supplier development, MFEC fosters collaboration by supporting mutually beneficial business processes\u2014such as knowledge sharing, market insights, and updates on government policies. These efforts help reduce risks, unlock new business opportunities, and strengthen long-term resilience.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">MFEC has implemented a Supplier Sustainability Development Program with the following key initiatives:<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"38\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Collaborative Strategic Planning: Jointly develop detailed strategic plans, including quarterly goals and work plans, to ensure alignment with both parties\u2019 business objectives. This approach creates a clear operational framework and enables consistent project monitoring.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"38\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Product and Innovation Showcases: Offer dedicated sessions for suppliers to present new products and solutions on a regular basis. These sessions keep MFEC teams updated on market innovations and emerging technologies while deepening their understanding of supplier capabilities\u2014enhancing agility and collaboration.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"38\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">Two-way Knowledge Exchange: Actively listen to suppliers and exchange industry insights and experiences. This enables MFEC to tailor operations to meet market needs more effectively and helps bridge gaps between customer demands and solution delivery. It also encourages co-creation of innovations aligned with future trends.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/li><\/ul><ul><li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"38\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"6\" data-aria-level=\"1\"><span data-contrast=\"auto\">Trust-based Partnerships: Strengthen partnerships through transparent collaboration and mutual support, including technical assistance, joint marketing, and team skill development. These efforts foster long-term trust and sustainability.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/li><\/ul><p><span data-contrast=\"auto\">Through these initiatives, MFEC and its suppliers can advance together, effectively respond to market challenges, and build a resilient and future-ready business ecosystem.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-aecd802 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aecd802\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f2d3cee\" data-id=\"f2d3cee\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-baee929 elementor-widget elementor-widget-heading\" data-id=\"baee929\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Innovation Development <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-de2a6d2 elementor-widget elementor-widget-text-editor\" data-id=\"de2a6d2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">MFEC is committed to improving the quality of life in Thai society through technology by fostering creativity and promoting systematic innovation across products, services, work processes, and new business models. These efforts aim to enhance operational efficiency, strengthen competitive advantage, and position the Company as a sustainable organization.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">To achieve this, MFEC has established policies and practices for innovation management to ensure tangible outcomes within the organization.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6cd0ee1 elementor-widget elementor-widget-heading\" data-id=\"6cd0ee1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Process for Innovation Development and Promotion of Organizational Innovation Culture<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7944a79 elementor-widget elementor-widget-image\" data-id=\"7944a79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"785\" src=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/42.2_EN-scaled.png\" class=\"attachment-full size-full wp-image-43899\" alt=\"\" srcset=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/42.2_EN-scaled.png 2560w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/42.2_EN-300x92.png 300w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/42.2_EN-1024x314.png 1024w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/42.2_EN-768x235.png 768w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/42.2_EN-1536x471.png 1536w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/42.2_EN-2048x628.png 2048w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/42.2_EN-580x178.png 580w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/42.2_EN-860x264.png 860w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/42.2_EN-1160x356.png 1160w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd8fdd5 elementor-widget elementor-widget-heading\" data-id=\"bd8fdd5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Product and Service Quality Development <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-048ce38 elementor-widget elementor-widget-text-editor\" data-id=\"048ce38\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">As a provider of information technology services to large enterprises across various industries\u2014playing a key role in the foundation of quality of life in society\u2014MFEC places great importance on delivering high-quality services in line with international standards to ensure maximum customer satisfaction. This principle serves as a core guideline in the Company\u2019s business operations.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">MFEC manages both internal and external service-related functions to maintain quality, while allocating resources and tools that help minimize errors and improve operational efficiency. All practices are carried out in strict compliance with applicable laws, regulations, and service management policies.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:13,&quot;335551620&quot;:13}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b59cf2 elementor-widget elementor-widget-image\" data-id=\"2b59cf2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"854\" src=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/44_ISO_EN-scaled.png\" class=\"elementor-animation-bob attachment-full size-full wp-image-43902\" alt=\"\" srcset=\"https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/44_ISO_EN-scaled.png 2560w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/44_ISO_EN-300x100.png 300w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/44_ISO_EN-1024x341.png 1024w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/44_ISO_EN-768x256.png 768w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/44_ISO_EN-1536x512.png 1536w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/44_ISO_EN-2048x683.png 2048w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/44_ISO_EN-580x193.png 580w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/44_ISO_EN-860x287.png 860w, https:\/\/ir.mfec.co.th\/wp-content\/uploads\/2025\/08\/44_ISO_EN-1160x387.png 1160w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd5345c elementor-widget elementor-widget-spacer\" data-id=\"cd5345c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Corporate Governance MFEC firmly believes that strong corporate governance is essential to building long-term value for investors and shareholders, while driving sustainable growth and stability for all stakeholders. As such, corporate governance is embedded into the Company\u2019s vision, mission, and core values, guiding both technological development and responsible business collaboration in alignment with good governance&#8230;<\/p>\n","protected":false},"author":1,"featured_media":38603,"parent":38890,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-38674","page","type-page","status-publish","has-post-thumbnail","hentry"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Governance - MFEC Public Company Limited<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ir.mfec.co.th\/en\/esg\/governance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Governance - MFEC Public Company Limited\" \/>\n<meta property=\"og:description\" content=\"Corporate Governance MFEC firmly believes that strong corporate governance is essential to building long-term value for investors and shareholders, while driving sustainable growth and stability for all stakeholders. 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