Delta Thailand Included in ASEAN Asset Class by the ASEAN CG Scorecard Project for Excellence in Corporate Governance 

Bangkok, Thailand, December 1, 2022 – Delta Electronics (Thailand) PCL. was included in the ASEAN Asset Class by the ASEAN CG Scorecard Project for excellence in corporate governance. The recognition was announced after a review of evaluation results in the 2021 ASEAN Corporate Governance Scorecard (ACGS), an initiative of the ASEAN Capital Markets Forum (ACMF) toward ASEAN integration.

The ASEAN CG Scorecard Project conducts a peer-review process every two years with participation from six ASEAN countries Indonesia, Malaysia, Philippines, Thailand, Singapore, and Vietnam. Regional companies are assessed considering criteria from international good corporate governance principles such as OECD Principle, ICGN-Corporate Governance Principle, World Bank-CG ROSC, UK Code and ASX Code.

The appraisal is conducted for ASEAN listed companies with market capitalization at the Top 100. Recognitions include:

• ASEAN Top 20 Publicly Listed Companies: An award given to companies with the highest score among the top 20 in ASEAN.
• ASEAN Asset Class Publicly Listed Companies: An award given to companies that score 97.50 points or more (representing 75% of the total score for both levels is 130 points).
• Country Top 3 Publicly Listed Companies: An award given to listed companies with the highest score in the Top 3 of each country.

Delta Thailand was among over 230 recognized companies in the ASEAN Asset Class, scoring at least 97.5 points in the 2021 ACGS. Recognized companies were invited to attend the 2021 ACGS ASEAN Virtual Awards hosted by the Institute of Corporate Directors Philippines and held on December 1, 2022.

As a corporate global citizen listed on the Stock Exchange of Thailand (SET), Delta Thailand has earned numerous recognition for excellence in corporate governance including the “Excellent” score of 94% in the Corporate Governance Report of Thai Listed Companies for six consecutive years by the Thai Institute of Directors Association.

Delta’s years of excellent corporate governance performance underscore its successful sustainable development strategy and corporate practices. Delta commits to adding value to stakeholders and delivering on its brand promise: Smarter. Greener. Together.

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