Stakeholder Engagement

Sikarin Public Company Limited recognizes the critical role stakeholders play in supporting the long-term sustainability of the business and co-creating value for the organization. Therefore, the company is committed to building strong and transparent relationships with all stakeholder groups to effectively address expectations and concerns promptly, in alignment with societal changes.

The company has established a systematic stakeholder engagement process through various communication channels, including the 1728 hotline, annual meetings, satisfaction surveys, complaint mechanisms, and online platforms. These channels enable the company to comprehensively understand the needs and feedback of stakeholders, which can then be incorporated into responsive action plans to enhance operational efficiency.

Additionally, Sikarin consistently identifies and prioritizes stakeholders following international standards such as the AA1000 Stakeholder Engagement Standard (AA1000SES).

This ensures the engagement process is transparent, inclusive, and aligned with global sustainability standards. This effort is overseen by the Sustainability Committee, which reviews stakeholder inputs and provides recommendations and policies to the Board of Directors for approval. This governance ensures the company’s operations align with stakeholder expectations across all dimensions of sustainability.

Identification and Prioritization of Stakeholders

In 2025, Sikarin Public Company Limited reviewed and identified its stakeholders in a systematic manner by considering their relationship with the business, the level of impacts, the linkage with the Company’s risks and opportunities, as well as the issues of concern raised by stakeholders. The outcomes of this process are used to define engagement approaches, respond to key concerns, and support the assessment of sustainability issues, ensuring that the Company’s decision-making and governance remain appropriately aligned with stakeholder expectations.

Stakeholders were identified based on their level of engagement with the company’s business activities. The prioritization of stakeholders was determined by two key factors: the influence stakeholders have on the company’s operations and the impact of the company’s operations on stakeholders, both in the present and the future.

Feedback collected through diverse communication channels is incorporated into the company’s strategic decision-making, enabling effective management of stakeholder relationships and fostering positive value creation across all groups equally.

SKR’s Stakeholder Group

Importance to Sikarin

Trust and satisfaction from customers and patients reflect the quality, safety, and reliability of medical standards and services provided by Sikarin. Direct engagement with patients enables the organization to better understand their needs and expectations, while also enhancing patient experience and satisfaction. It also contributes to the continuous improvement of service quality and reinforces Sikarin’s reputation for patient-centered care.

Expectations
  • Quality and safety of medical services
  • Access to care and treatment
  • Convenience and comprehensiveness of service offerings
  • Confidence in treatment outcomes
  • Respect for patient rights and privacy
  • Transparent communication and clear treatment information
  • Service accessibility for all patient groups
Sikarin’s Response
  • Operates the 1728 Call Center for inquiries and appointments
  • Conducts patient satisfaction surveys
  • Builds strong patient relationships
  • Provides clear, accurate information about patient rights
  • Develops personalized care plans tailored to individual needs
  • Continuously improves service standards and patient experience
  • Communicates proactively through various channels
Value Delivered to Stakeholders
  • Overall patient satisfaction score of 98.81%
  • Outpatient service satisfaction score of 97.71%
  • Inpatient service satisfaction score of 99.22%
  • Continuous development of service quality and care delivery
  • Enhanced trust and confidence in medical services
Importance to Sikarin

Investors and shareholders are key stakeholders who support Sikarin’s financial stability and business continuity. Transparent communication and fair treatment help build investor confidence and trust, which are essential to long-term business growth.

Expectations
  • Satisfactory returns on investment and long-term organizational growth
  • Transparent, complete, and timely communication and disclosure
  • Sustainable business practices with the ability to adapt to change
  • Effective risk management and mitigation of environmental, social, and governance (ESG) impacts
Sikarin’s Response
  • Organizes the Annual General Meeting of Shareholders, Analyst Meetings, and Opportunity Day
  • Discloses information through Sikarin’s website (www.sikarin.com)
  • Publishes the Annual Report, Sustainability Report, and other key investor materials
  • Provides channels such as phone and email for receiving investor feedback and inquiries
  • Implements a Conflict of Interest Policy
  • Gathers investor and shareholder feedback to improve sustainability strategy and ESG performance
Value Delivered to Stakeholders
  • Strengthened confidence among investors and shareholders
  • Sustainable business performance that supports Sikarin’s financial stability and attractiveness to investors
  • Enhanced corporate image as a responsible and recognized entity in the capital market
  • Long-term and stable relationships between Sikarin and its stakeholders
Importance to Sikarin

Employees are a vital resource in driving Sikarin’s success. Taking care of their well-being and investing in their professional development not only enhances their expertise and job satisfaction, but also reflects in the quality of care delivered to patients and service users. A committed, capable workforce contributes directly to Sikarin’s long-term strength and sustainability.

Expectations
  • Job security along with fair and competitive compensation and benefits
  • A safe and healthy working environment free from accidents and occupational illnesses
  • Opportunities for learning, skill development, and career advancement
  • Effective communication and participation in expressing opinions
Sikarin’s Response
  • Conducts annual employee satisfaction surveys to assess needs and gather feedback
  • Organizes regular meetings between management and employees
  • Provides diverse and inclusive benefits packages that meet employee needs
  • Continuously improves workplace safety and environmental conditions
  • Offers training programs on topics aligned with employee interests and future trends
  • Promotes development of role-specific skills and competencies
Value Delivered to Stakeholders
  • Employee engagement rate of 84.75%
  • Zero rate of occupational illness and workplace injury
  • Reduced employee turnover rate
Importance to Sikarin

Regulatory authorities play a key role in establishing the laws, standards, and policies related to medical services. Full compliance with regulatory requirements is essential. In addition, maintaining strong relationships with these authorities enables Sikarin to operate with stability, transparency, and in alignment with established standards.

Expectations
  • Strict compliance with all laws, regulations, and policies related to the healthcare industry
  • Accurate, transparent, and timely reporting of operational performance, including environmental, social, and governance (ESG) impacts
  • Cooperation in the development of public health policies
  • Transparency and adherence to international standards
Sikarin’s Response
  • Established internal departments and audit systems to ensure full compliance with health, safety, environmental, and legal standards
  • Reports comprehensive sustainability data, including ESG reports and disclosures in the One Report
  • Operates in alignment with international standards such as JCI requirements, ESG Ratings, GRI Standards, and IFRS to build global credibility
Value Delivered to Stakeholders
  • Strengthened credibility in the healthcare industry
  • Stable and sustainable business operations
  • Enhanced collaboration at both national and international levels
  • Elevated organizational image on the global stage
Importance to Sikarin

The provision of high-quality, safe, and standardized products and services from suppliers plays a vital role in enabling Sikarin to deliver high-standard medical care to patients and service users. In addition, strong collaboration and long-term partnerships with suppliers help reduce risks across the supply chain, strengthen business continuity, and foster efficient and sustainable growth together.

Expectations
  • Fairness, equity, and transparency in all stages of business operations
  • Clear communication regarding policies, requirements, and conditions related to collaboration
  • Cooperation that builds long-term stability and sustainable relationships
  • Knowledge sharing and capacity building to enhance operational performance
  • Support and collaboration on sustainability-related matters
Sikarin’s Response
  • Implements transparent and fair procurement processes with standardized audit mechanisms
  • Provides dedicated channels for suppliers to submit complaints, with transparent investigation and resolution procedures
  • Prepares comprehensive procurement documentation with clearly defined terms and conditions
  • Uses various communication channels such as the website and meetings to share information with suppliers
  • Organizes annual meetings to evaluate performance and discuss partnership development strategies
  • Offers training and development programs tailored for suppliers
Value Delivered to Stakeholders
  • No reported cases of supplier misconduct or ethical violations
  • Strengthened trust and relationships with suppliers
  • Reduced environmental impact and enhanced supply chain stability
  • Collaborative development with suppliers to mitigate procurement-related risks
Importance to Sikarin

Communities, society, and the environment are important stakeholders in Sikarin’s business operations. A mutually supportive relationship between the organization, the community, and the environment forms the foundation for sustainable growth. Sikarin recognizes the importance of engaging in community development, promoting public health and quality of life in the areas where it operates, and taking full responsibility for its environmental impact. Building strong relationships and responding to the needs of local communities and society not only fosters trust in the organization but also supports balanced and long-term sustainable business operations.

Expectations
  • Opportunities to voice opinions and provide feedback, along with transparent action and response
  • Support for health promotion and quality of life initiatives, such as health screening activities
  • Responsible use of natural resources, reduction of greenhouse gas emissions, and sustainable waste management
Sikarin’s Response
  • Organizes community engagement activities such as biannual community listening forums
  • Provides communication channels such as the 1728 hotline to enable feedback and complaints from the community
  • Implements health programs for communities and broader society
  • Conducts initiatives focused on energy reduction, waste management, and greenhouse gas reduction across all business activities
Value Delivered to Stakeholders
  • Trust and support from local communities
  • Improved health and quality of life for surrounding communities
  • Contribution to long-term environmental sustainability
  • Enhanced social stability and resilience for society at large
Importance to Sikarin

Competitors are another important stakeholder group for Sikarin. Competition within the healthcare service industry encourages continuous improvement and drives organizations to elevate the quality of their services. Positive interaction and respect for ethical business conduct help foster a fair and transparent environment, while also opening opportunities for collaboration across different areas.

Expectations
  • Compliance with ethical standards and fair trade practices, avoiding inappropriate conduct or violations of business ethics
  • Respect for fair rules, regulations, and industry standards
  • Avoidance of dishonest practices such as misinformation or unfair claims, in order to build trust within the business environment
Sikarin’s Response
  • Operates in compliance with laws, regulations, and international standards to support fair competition
  • Conducts business transparently and responsibly, adhering to business ethics and promoting ethical business practices
  • Avoids actions that may harm competitors or damage the reputation of the industry, such as false accusations or unfair attacks
Value Delivered to Stakeholders
  • Healthy competition that fosters innovation
  • Shared industry progress
  • Improved public confidence in the healthcare sector