loans from financial institution and/or loans from related parties. 8. The opinion of the committee and audit committee of the Company The committee and auditing committee of the Company have pointed that

a guidance for companies to evaluate their internal control adequacy. This evaluation form is based on COSO1s framework (The Committee of Sponsoring Organizations of the Treadway Commission) revised

Independent Director 6. Mr.Sukont Kanjanahuttakit Independent Director and Chairman of the Audit Committee 7. Dr.Praphakorn Smiti Independent Director and Member of the Audit Committee 8. Colonel Phanthip

for clients. “member of fund investment committee” means a member of a committee which is appointed or assigned by a fund management company to consider and determine the scope of investment of mutual

) Board of Directors Chairman 60,000 - 6,250 Director - 20,000 5,000 Audit Committee Chairman 60,000 - 6,250 Member - - 5,000 Sub-Committees * Chairman - - 6,250 Member - - 5,000 Remark: *Sub-Committees

cast votes in relevant agenda at the Board of Directors' Meeting. Mr. Chayanin Debhakam, D.B.A., is a director, the Chairman of the Executive Committee, the Chairman of the Nomination and Remuneration

Business Advisory Committee 65,000 Baht/month Business Advisory Committee 60,000 Baht/month/person Chairman of the Audit Committee 65,000 Baht/month Audit Committee 60,000 Baht/month/person Other Director

, Independent Director and Audit Committee member, expressed their wishes to abstain from voting on this agenda. 1.8 Opinion of the Board of Directors The Board of Directors has considered and is of the opinion

Limited 1,999,993 80 12. The Vanachai Group of Companies Company Limited 500,000 20 8. The commitment of committee and the audit committee (who be VNG’s committee with conflict of interest as agreement of

-Translation- 25 February 2019 Subject : The establishment of Vanachai Logistics Company Limited To : President The Stock Exchange of Thailand According to the meeting of board committee of Vanachai