PUBLIC COMPANY LIMITED ASIAN INSULATORS PUBLIC COMPANY LIMITED ASIAN MARINE SERVICES PUBLIC COMPANY LIMITED ASIAN PHYTOCEUTICALS PUBLIC COMPANY LIMITED ASIAN SEA CORPORATION PUBLIC COMPANY LIMITED ASN

PUBLIC COMPANY LIMITED ASIAN INSULATORS PUBLIC COMPANY LIMITED ASIAN MARINE SERVICES PUBLIC COMPANY LIMITED ASIAN PHYTOCEUTICALS PUBLIC COMPANY LIMITED ASIAN SEA CORPORATION PUBLIC COMPANY LIMITED ASN

PUBLIC COMPANY LIMITED ASIAN INSULATORS PUBLIC COMPANY LIMITED ASIAN MARINE SERVICES PUBLIC COMPANY LIMITED ASIAN PHYTOCEUTICALS PUBLIC COMPANY LIMITED ASIAN SEA CORPORATION PUBLIC COMPANY LIMITED ASN

PUBLIC COMPANY LIMITED ASIAN INSULATORS PUBLIC COMPANY LIMITED ASIAN MARINE SERVICES PUBLIC COMPANY LIMITED ASIAN PHYTOCEUTICALS PUBLIC COMPANY LIMITED ASIAN SEA CORPORATION PUBLIC COMPANY LIMITED ASN

PUBLIC COMPANY LIMITED ASIAN INSULATORS PUBLIC COMPANY LIMITED ASIAN MARINE SERVICES PUBLIC COMPANY LIMITED ASIAN PHYTOCEUTICALS PUBLIC COMPANY LIMITED ASIAN SEA CORPORATION PUBLIC COMPANY LIMITED ASN

PUBLIC COMPANY LIMITED ASIAN INSULATORS PUBLIC COMPANY LIMITED ASIAN MARINE SERVICES PUBLIC COMPANY LIMITED ASIAN PHYTOCEUTICALS PUBLIC COMPANY LIMITED ASIAN SEA CORPORATION PUBLIC COMPANY LIMITED ASN

PUBLIC COMPANY LIMITED ASIAN INSULATORS PUBLIC COMPANY LIMITED ASIAN MARINE SERVICES PUBLIC COMPANY LIMITED ASIAN PHYTOCEUTICALS PUBLIC COMPANY LIMITED ASIAN SEA CORPORATION PUBLIC COMPANY LIMITED ASN

PUBLIC COMPANY LIMITED ASIAN INSULATORS PUBLIC COMPANY LIMITED ASIAN MARINE SERVICES PUBLIC COMPANY LIMITED ASIAN PHYTOCEUTICALS PUBLIC COMPANY LIMITED ASIAN SEA CORPORATION PUBLIC COMPANY LIMITED ASN

-term Short-term Long-term Short-term Long-term Short-term Investment Grade Highest Credit Quality - exceptionally strong capacity for payment of financial commitments AAA A1+ A1 A2 A3 Aaa P1 P2 P3 AAA F1

published the Code of Conduct Fundamentals for CRAs. The IOSCO CRA Code was revised in 2008 to address concerns about the role of CRAs in the wake of the financial crisis, and again in 2015 to take into