Thaioil is recognized by the energy industry as one of the leading fully integrated refining and petrochemical companies in the Asia Pacific.. The Company has continuously improved its business, capital, and operational structures to meet international standards. In 2008, Thaioil developed a strategic planning system, businesses related to
the Enterprise Risk Management, as well as the Performance Management System to drive the Company’s strategy execution and the preparation of the Company and its employees. In addition, the Company also stresses
the importance of business planning and assessment through the application of an energy market analysis unit in order to provide support in making crucial decisions that require accurate information on the business and the industry in
the fluctuations of market climate.

         Furthermore, various projects that helped bring out excellence in each business unit have been implemented
in order to maximize employees’ participation and cooperation in setting and attaining goals. This was achieved through sharing of information, bringing forth creativity, and the ability to build platforms for additional business opportunities. Production has also been improved in order to lower the production cost and add value to the products. Operations procedures have been carefully reviewed in case of changes in the business. The Operational Excellence project is carried out every quarter, allowing Thaioil Group preparedness and flexibility in its business operations amid evolving business circumstances.