core components of the SLBP. Regardless, in select cases, issuers may choose to combine the Green Bond Principles/Social Bond Principles approach with the SLBP. Transition bonds can be either green bonds

combine Green and Social Projects based on the ASEAN GBS and ASEAN SBS are referred to as ASEAN Sustainability Bonds, and specific guidance for these is provided separately in the ASEAN Sustainability Bond

projects. Bonds that combine Green and Social Projects based on the ASEAN GBS and ASEAN Social Bond Standards are referred to as ASEAN Sustainability Bonds, and specific guidance for these is provided

the use of proceeds is not a determinant in its categorisation. Regardless, in select cases, issuers may choose to combine the GBP/SBP approach with the SLBP. Thus, please note that SLB are not to be

suite of sector specific eligibility Criteria. The parent standard covers the certification process and pre- and post-issuance requirements for all certified bonds, regardless of the nature of the capital

consolidated financial statement as of 31 March 2020). When combine the transaction size with those occurred in the past six months, the total size is 19.71%. However, AIS has already disclosed information since

/timeliness of the research • Evaluation of the objectivity and independence of the recommendations 10 MATERIALITY Governance Climate Change Location Company-specific Sector/Industry Investment Horizon CFA

Professional Use Only. Not for distribution to the public. We combine analysis of proprietary data with external sustainability data providers to deliver insights for our investment teams Sustainability teams

interest expenses 898,507 692,732 205,775 29.7 Other accounts payable 5,547,301 2,232,379 3,314,922 148.5 Income tax payable and specific business tax payable 1,158,971 854,568 304,403 35.6 Other liabilities

emissions as green, as long as the vehicles are not used to transport fossil fuels. Heavy-duty vehicles that have specific CO2 emissions of less than half of the reference CO2 emissions of all vehicles in the