The Audit Committee as at 31 December 2020
| Name | Position | |
| 1. | Mr. Supoj Singsanei * | Chairman of the Audit Committee |
| 2. | Mr. Pisej Iamsakulrat | Audit Committee |
| 3. | Mr. Thavich Taychanavakul | Audit Committee |
| 4. | Mr. Pornpol Suwanamas** | Audit Committee |
Remark: * Prossesses background and experience in auditing of financial statements.
** The Board of Directors' Meeting No. 5/2021 on May 27, 2021 resolved to appoint
Mr. Pornpol Suwanamas as the member of the Audit Committee of the Company
effective May 27, 2021 onwards.
Functions and Responsibilities of the Audit Committee
The Audit Committee is responsible for reviewing the Company's financial reports, adequacy of internal control systems, risk management systems, compliance with legal regulations and prepare reports or comments to the Board of Directors for approval or to be presented to the Shareholders' Meeting, as the case may be:
- To monitor the auditing process and internal control systems of the Company to ensure that they are appropriate and efficient.
- Review the Company's appropriate and effective internal control system and consider the independence of the internal audit agency as well as approve the appointment, removal, dismissal of the head of the internal audit agency and/or the hiring of an internal audit company or any other entity responsible for the internal audit.
- To supervise and ensure that the Company acts in compliance with the regulations imposed by the SET and the SEC and related governing laws.
- To consider, select and propose the appointment of an independent person to act as auditor of the Company and present the person's remuneration to the Board of Directors for approval from the shareholders' meeting, as well as attend meetings with the auditor without management attending the meeting at least once a year.
- To consider the disclosure of information regarding connected transactions or transactions that may have conflicts of interest in accordance with the rules and legal regulations imposed by the Capital Market Committee and the terms of the SET to ensure that the transaction is reasonable and in the best interests of the Company.
- Prepare the audit committee's report publicly in the Company's annual report. The report must be signed by the Chairman of the Audit Committee and must contain at least the following information:
- Opinion on accuracy, completeness and reliability of the Company's financial reports
- Opinion on the adequacy of the Company's internal control system
- Opinion on compliance with securities and exchange laws Set of Exchange of Thailand or laws relating to the Company's business operations
- Opinion on the suitability of the auditor
- Comments on transactions that may have conflicts of interest
- Number of audit committee meetings and attendance of each audit committee member
- Opinions or overall observations received by the Audit Committee for the performance of charter duties
- Other items that shareholders and investors should know Within the scope of duties and responsibilities assigned by the Board of Directors.
- In the performance of the duties of the Audit Committee, if the following items or actions are found to have a significant impact on the Company's financial position and performance, the Board of Directors shall report to the Board of Directors to make revisions within the period designated by the Audit Committee.
(1) List of conflicts of interest
(2) Fraud or irregularities or significant impairments in the internal control system.
(3) Violation of securities and exchange laws SET's terms or laws relating to the Company's business
If the Board of Directors or management does not make revisions within the above period, the Company will not be updated. One of the audit committee members may report the above items or actions to the SEC or the SET.
- Perform any other operations as assigned by the Board of Directors with the approval of the Audit Committee.
- Review regulations and performance in the past year at least once (1) times a year.