Message from the Managing Director

In 2025, we navigated global economic volatility and a fast-changing energy context. Our management remained focused on operational stability through disciplined financial management, resource efficiency, and rigorous risk control. Simultaneously, we strengthened our organizational capabilities by upgrading our business operation systems, technology, while further developing our people to ensure we remain resilient and competitive.

A key priority remains “Growth that leaves no one behind.” We are actively upskilling our employees to keep pace with new technologies, upholding human rights, and ensuring the safety and well-being of everyone across our value chain. We believe that for a business to truly progress, its people and communities must grow alongside the organization. We drive this vision through our C-K-P Strategy:

The C-K-P Strategy: Driving Sustainable Outcomes

We drive this vision through our C-K-P Strategy:

The C-K-P Strategy: Driving Sustainable Outcomes

C - Clean Electricity: Transitioning to Lasting Impact through Renewables CKPower remains a leader in renewable electricity generation, with 93% of our total installed capacity in 2025 derived from renewable sources. This steadfast commitment to environmental responsibility is reflected in our remarkably low greenhouse gas (GHG) emission intensity of 0.0572 tCO₂e/MWh, which helped avoid over 5.34 million tonnes of CO₂e emissions this year. These metrics demonstrate our operational efficiency and steady progress toward CKP NET ZERO EMISSIONS 2050 while reinforcing national energy stability.

To ensure our clean electricity generation is stable and reliable, we continue to enhance our risk management. We utilize decision-support tools to minimize downtime and the CKP Forecasting System to accurately forecast water resources despite climate variability.

Furthermore, we have aligned our financial risk assessments with IFRS S2 standards and Taskforce on Nature-related Financial Disclosures (TNFD),and established a biodiversity management framework. This ensures our business planning and investments are grounded in thoroughly assessed risks.

K - Kind Neighbor: Transitioning to Lasting Impact with Communities We believe that energy transition is only sustainable when the community thrives with us. We have embedded social responsibility into our corporate culture by developing our people and engaging in long-term social initiatives. Our flagship “Hinghoi” Project continues to improve quality of life through renewable energy access, promoting learning, natural resource conservation, and career development.

In 2025, the Hinghoi Project increased access to renewable energy by over 62,770 Watts and generated 1.97 million Baht in additional income for communities through local product development and community-driven innovation. These efforts were recognized with the Asia Responsible Enterprise Award for the fourth consecutive year.

P - Partnership for Life: Transitioning to Lasting Impact through Collaboration We prioritize partnerships that expand business opportunities and operational flexibility. In 2025, we strengthened our business resilience by incorporating the sale of Renewable Energy Certificates (RECs) and developing new clean electricity projects, such as our solar power collaboration with Bangkok Expressway and Metro Public Company Limited (BEM) to support Thai mass transit systems.

To ensure reliable collaboration, we focus on data integrity and security. We upgraded our information security to align with ISO 27001:2022 standards to support our operations and secure data exchange, building confidence with our partners and customers. To prevent power interruptions and ensure reliability, we also work closely with communities along the transmission line to mitigate wildfire risks.

Governance, Organizational Capabilities, and Long-Term Growth

CKPower operates under a robust framework of corporate governance and enterprise risk management, while strengthening our organizational capabilities through human capital development, technology, and efficient data management. These efforts are validated by our SET ESG Rating of 'AAA' for the third consecutive year, an 'Excellent' ranking in the Corporate Governance Report of Thai Listed Companies (CGR), and numerous national and international ESG accolades.

CKPower will continue to evolve, focusing on strengthening our strategic decision-making, risk management system, and operational efficiency to ensure stable growth alongside our responsibilities to the economy, society, and the environment.

In closing, I would like to express my sincere gratitude to our shareholders, stakeholders, and every employee for being an integral of CKPower’s progress. Your continued trust is the catalyst that inspires us to elevate our standards and transform challenges into a “Lasting Impact”—ensuring energy security and a cleaner world for the future.

Respectfully,

Sustainability report 2025