Committees

The Audit Committee is responsible for the review of the Company’s financial statements and internal control, including review of compliance with rules and regulations set by the Securities and Exchange Commission and Stock Exchange of Thailand, or related laws. The Audit Committee also reviews the Company’s Internal Audit operations as well as considers and recommends the appointment of the Company’s auditors and the disclosure of related transactions to ensure their accuracy and correctness. The Audit Committee also prepares the Audit Committee Report to summarize the completion of the activities assigned by the Board of Directors.

Corporate Governance Committee

The Nominating and Corporate Governance Committee consists of three members as follows:

The Corporate Governance Committee is responsible for recommend the Board of Directors on the corporate governance relating to the Company to be ensure that the Company comply with the corporate governance. The committee also reviews many issues relating to corporate governance, including the Company’s Corporate Governance Policy, the Directors Code of Conduct., the evaluation of Board performance; preparation of the Director’s Manual; directors’ training with the IOD; and the disclosure of information on the Company’s website.

Nomination and Remuneration Committee

The Nomination and Remuneration consists of three members as follows:

The Compensation Committee is responsible for setting the policy and compensation structure to ensure fairness to, and motivation of, the employees and management. The Compensation Committee considers the annual salary adjustment, bonus payment, and the allocation of securities to the Company’s executives and makes proposals to the Board of Directors and shareholders for approval.

Executive Committee

The Executive Committee that consists of six members as follows:

The Executive Committee is responsible for

• Implementing the corporate Board of Directors’ policy that is in accordance with the Company’s by-laws, terms, rules and regulations, except the items that legitimately require prior approval by the shareholders’ meeting.
• Preparing, proposing and defining the Company’s business policy and strategy to the Company’s Board of Directors
• Determining the Company’s business plan, management authority, annual business budget and annual expenditure budget for further presentation to the Company’s board of directors for approval and following the Company’s business plan and strategy in compliance with the polices and business directions as informed to the Company’s Board of Directors.
• To manage and supervise the business performance of the Company and its subsidiary companies in accordance with business policy, target, action plan, business strategy, budget, and managerial authorization as per the approval of the Board of Directors in efficient and business able manner.
• To perform and conduct general managerial business of the Company, including all detail regarding to recruitment, training, employment, dismissal of the employees, except for the position of President and higher positions.
• To approve of business transaction and other activities of the Company and its subsidiary companies.
• To approve the opening of deposit account with domestic financial institution, including authorization for payment from the Company’s deposit account.
• To approve annual budget for increasing or adjustment of the employee salary and bonus payment to the employees of the Company and its subsidiary companies, except for the position of the President and higher.
• To approve payment as per instruction of the Board of Directors.
• To recruit, employ, dismiss, promote, disciplinary action, transfer, promote job grade, increase salary, salary rate adjustment, decide on bonus, welfare or any other employees benefit, including evaluate on merit of the employees for the position of not higher than the President and also authorized to appoint the President or the authorized attorney of the Company as authorized person of the Company to execute related employment agreement under the approved budget from the Board of Directors.
• To appoint the representative of the Company to hold the position of Director and/or sub-committee in subsidiary companies to manage the affair under approval from the Company in the most efficiency and benefit to the Company.
• Other business as appointed by the Board of Directors.

Sustainability and Risk Management Committee

The Sustainbility and Risk Management Committee consists of seven members as follows:

Remark: The Sustainability and Risk Management Committee also includes five directors by positions including Finance Director, Sales Director, Human Capital Director and Operations Director and Marketing Director.

The Sustainability and Risk Management Committee is responsible for determining the strategy, policy and objectives to manage risk for the entire Company and to provide guidelines for the Management of the Company to undertake more efficient risk management in the same direction and develop the Integrated Risk Management principles for all major risk factors facing the Company including business risk and operational risk.