We also monitor potential scenarios involving shortages of surface water sources for all production plants. In 2023, the factory located along the Tha Chin River basin faced saltwater intrusion into the plant’s groundwater borewell, which degraded the water quality beyond acceptable standards for plant operation. The associated operating costs were budgeted at 1.94 million THB. To mitigate these risks, ThaiBev continues to monitor water quality-related risks closely. The mitigation plan for the affected production plant is projected to incur a potential impact of approximately 3 million THB in FY2025-2026. We assess the future potential impact of regulatory changes, particularly the potential new Water Tariff being developed by the Ministry of Natural Resources and Environment. Sensitivity analyses are employed to evaluate the financial impact covering FY2024-2026, accounting for additional costs from the expected water tariff. The water tariff is anticipated to be imposed for surface water withdrawal, with the regulator currently determining a reasonable and feasible charge for all industrial sectors. As 25 out of 31 ThaiBev production plants use surface water as a source, these potential regulations are linked to a financial impact of approximately 21.7 million THB. To manage this risk, ThaiBev is investing 14.8 million THB in 3Rs projects to implement a water management plan, ensuring sufficient water supply, and improving water efficiency through water-saving technology and a water recycling system.