Origin Property Public Company Limited places importance on supply chain management not only to increase operational efficiency or prevent impacts or the reputation of the organization but to increase transparency. Suppliers therefore are stakeholders who play an important role in the sustainable operations of the Company. Therefore, supplier management to be able to deliver quality products and services based on the principles of good governance along with being responsible for the economy, society, and environment (ESG) is considered business opportunities enhancement and able to provide risk management services in the supply chain system to ensure continuous operations.

Since 2021 Origin Property Public Company Limited has established supplier code of conduct with the aim for suppliers to adopt it as a guideline for operating in accordance with their operations according to the supplier context with consideration to business operations that are responsible for the environment, society and good governance in order to create sustainability in doing business together

https://investor.origin.co.th/storage/download/company-policies/company-document/20230118-ori-suppliers-code-of-conduct-th.pdf

Operational process for sustainability

The Company has established sustainable supplier management guideline to increase operation efficiency and effectiveness by applying it in the Company’s internal activities in order to promote sustainable supply chain management, increase the opportunity to reduce risks, and improve business competitiveness. The process for sustainable supplier management has been established as follows:

1.Supplier recruitment and selection process: Partners must be selected based on basic qualification criteria set by the Company, such as product quality, reputation, operational expertise, work experience, and financial stability status.

2.New supplier registration: New suppliers must complete a self-assessment. The supplier assessment covers ESG risks, quality, and operations under economic, social, and environmental responsibility and must be aware of the Supplier Code of Conduct.

3.Current supplier assessment: The Company aims to develop its business to grow together with its suppliers by setting work standards, assessing the performance of suppliers and risks every 6 months, and screening suppliers in order to develop the potential of quality products and services delivered to customers in a sustainable way by considering the quality of product, delivery, and satisfaction. The Company will monitor and assess the performance of its suppliers annually and set supplier assessment guidelines before and after trading to be able to measure and grade partners in each category. The Procurement Department is assigned to evaluate the potential of suppliers before trading in order to screen out suppliers whose assessment results are below the criteria from the Approved Vendor List.

The scoring criteria and assessment results in 2024 are summarized as follows.

4.Supplier classification: The Company has reviewed and classified the main suppliers (Critical Tier1 Supplier) and classified the suppliers that provide products and services to the main suppliers (Critical Non-Tier 1 Supplier) with the following conditions:

This year, procurement operations performance can be summarized as follows:

The Company has a goal to conduct On-site ESG Audit with its key suppliers to 80% of Critical Tier 1 Supplier, which has a total of 14 suppliers, which aligns with the set target. By 2025, the goal is to complete the audit for all Tier 1 suppliers, achieving 100% Through our on-site ESG audits of key business partners, our company’s partners have demonstrated their commitment to social and environmental responsibility by fully complying with all the standards we have established. This includes conducting business with integrity, honesty, transparency, and unwavering commitment to fairness; delivering quality products and services that meet established standards; providing comprehensive care for worker safety and welfare; and demonstrating awareness of the value of human rights and equality without discrimination, respecting the human dignity of all individuals while prioritizing the creation of a safe, fair, and supportive work environment for sustainable development. Furthermore, they remain steadfast in their commitment to uncompromisingly combat corruption.

These comprehensive compliance results represent more than just a 100% score – they serve as confirmation of the strong cooperation between our company and our partners in building a transparent, reliable supply chain and moving forward together toward a sustainable future.

In 2024, the company conducted a survey to assess ESG risks with its suppliers and found that “there are no ESG risks arising from suppliers” in terms of economic, social, and governance aspects (ESG Risks) And over the past 3 years (fiscal years 2022 – 2024)

In addition, the Company has set trade loan or credit term payment criteria within a period of 15-60 days, depending on supplier type. For example, small contractors receive 15 days, suppliers for products or other equipment receive 30 days. The Company has processed payments to suppliers in an average of 15-45 days.

Over the past 3 years, the company has steadfastly conducted continuous partner assessments under the Environmental, Social, and Governance (ESG) framework. The results reflect strong cooperation and shared commitment between the company and its partners in maintaining transparent, ethical, and sustainable business standards.

Each year, all new partners undergo comprehensive screening and accept our Supplier Code of Conduct before establishing business relationships. Meanwhile, key partners receive regular on-site audits to ensure that operations throughout the supply chain continue to adhere to principles of good governance and transparency. Assessment results in critical areas including integrity, product and service quality, safety and occupational health, respect for human rights, and anti-corruption have consistently maintained 100% compliance throughout all three years.

While environmental law compliance shows some areas still under improvement, with the latest assessment at 91%, the company has implemented serious monitoring and development guidelines to ensure all partners can achieve full compliance in the near future.

This consistent performance not only reinforces the strength of our supply chain governance system but also reflects the confidence, trust, and shared mission that the company and its partners have built together to move toward sustainable growth and create value for society, the environment, and all stakeholders.

Supplier’s sustainable business operations development

Procure and Develop Smart and Environmentally Friendly Products in Real Estate Development Projects

Origin collaborates with partner, Delta Electronics (Thailand) Public Company Limited to source and develop products for its real estate development projects in Bangkok and nationwide. The Company will integrate Delta’s diverse smart home solutions and green building technologies into its real estate projects and collaborate with Delta to develop products specifically for Origin. This collaboration will allow the Company to offer a living experience that is environmentally friendly, health-conscious, and improves the quality of life for customers, in alignment with the Company’s sustainability strategy. The partnership aims to deliver innovations that contribute to a low-carbon society for consumers. Delta is considered a partner with a shared vision for sustainability and is an expert in green and smart innovations.

Through this collaborative workshop, the Company believes it will gain new innovations and high-quality products that meet customer needs. This long-term strategic partnership aims to benefit customers by delivering a wide range of products and solutions, including smart home solutions such as building automation systems, intelligent security monitoring systems, and indoor air quality management solutions to enhance safety, well-being, and energy efficiency. Additionally, the collaboration will focus on developing green building solutions, including the use of electric vehicle (EV) charging stations and alternative energy sources like solar power. The Company will pilot the use of EV chargers with an impressive energy efficiency of up to 94% in residential projects.