ThaiBev aims to protect and promote biodiversity by the end of 2030, relative to 2021 levels, through the following commitments:

• To have a net positive impact on biodiversity at our production sites; and
• Eliminate deforestation (zero deforestation) and enhance the protection and management of high-value natural ecosystems.

The Company will aim to achieve this by applying the mitigation hierarchy to avoid and minimize any negative impacts, restore impacted areas, and finally offset any residual impacts that remain. ThaiBev’s biodiversity statement will cover all current and future operational sites until the end of their operations. Current operational sites include the following production facilities: 27 distilleries (19 in Thailand, 6 in the United Kingdom, and 2 in Myanmar), 3 breweries in Thailand, 11 non-alcoholic beverage production facilities in Thailand, and 1 food production facility in Thailand. ThaiBev will employ the mitigation hierarchy (avoid, minimise, restore and offset) to manage potential biodiversity risks related to our production facilities. Iterative application of the mitigation hierarchy will be undertaken to ensure that residual impacts are reduced to as low as reasonable possible. Avoidance - ThaiBev is committed to implementing avoidance measures, i.e., measures to ‘design out’ an impact or risk to prevent impacts expected on biodiversity. ThaiBev will also employ design criteria to evaluate all infrastructure development options and look at alternatives when significant impacts to biodiversity are likely. The key good practice avoidance measures include:

		Avoidance Avoid developing in nationally or internationally recognised areas of high biodiversity value which include: UNESCO World Heritage Sites; Wetlands listed in the Ramsar list of sites; UNESCO Man and the Biosphere (MAB) reserves; Key Biodiversity Areas; and Alliance for Zero Extinction (AZE) sites IUCN Category I-IV protected areas Relocate project facilities away from areas containing critical biodiversity, where feasible. Avoid clearing forested areas for the development of project facilities.
		Minimisation ThaiBev is committed to implementing minimisation measures to reduce the severity of impacts on biodiversity by controlling or limiting the source of impact at production facilities in development/operation.
		Restoration / Rehabilitation ThaiBev will seek to restore/rehabilitate areas where impacts cannot be prevented. Where existing operational sites were developed on degraded forest areas, ThaiBev intends to restore such areas to a better quality to enable us to make a positive contribution to the landscape.
		Offset ThaiBev will seek to assess the need for, and feasibility of achieving no net loss of biodiversity for its production facilities with negative biodiversity impacts through compensation/offset measures. Such measures will be developed in line with international best practice such as the Principles on Biodiversity Offsets developed by the Business and Biodiversity Offset Program (BBOP).

ThaiBev is committed to collaborating with external partners such as biodiversity experts to support the biodiversity assessment and management process. These individuals/organizations will be identified and engaged with for production facilities located in close proximity to critical biodiversity to ensure that the appropriate mitigation strategy is developed to minimize biodiversity impacts to as low as reasonably possible. ThaiBev’s Environmental Management System will include provisions for good biodiversity mitigation and management practices across all of ThaiBev’s production facilities. The EMS serves as a guide to ensure the systematic integration of biodiversity considerations across the production facility lifecycle, from the design phase to decommissioning phase.