dishonestly, misappropriate the company's assets and seek wrongful gains, causing damage to IEC and arranged or allowed preparation of the company's accounting records to be inaccurate and

Requirements for All Types of Trust ___________________ Division 1 Trust manager and trustee ___________________ Clause 12 The trust manager shall meet the following requirement: (1) have no records of breaching

applicable to the regulations of acquisition or disposal of assets by having significant value for listed companies. (12) For said Board of Directors’ meeting, the director (s) with possible conflict of

’ loans, and focused mainly on borrowers with good track records, and existing low-risk customers. 2.2 Market Risk Management During this quarter, the Thai and US interest rates moved in accordance with the

companies. (13) For said Board of Directors’ meeting, the director (s) with possible conflict of interests, and/or the director (s) serving as connected parties, did not attend nor were eligible to cast votes

Audit Committee and/or Director significantly different from those by the Board of Directors : -None- Those Directors with possible conflict of interests did not attend nor cast votes at the above meeting

-transactions with parties with possible conflict of interests, according to the details as follows: Unit : Million Baht Name Relationship Significant item Inter-transaction Value 2018 Jan - Feb 2019 1. Saha

part of the direction to resolve the grounds of possible delisting. Board of Directors and Auditing Committee’s opinion: Considering the current economic condition, Government land appraisal price

persons (did not attend nor were eligible to cast vote): Mr. Wasin Teyateeti, Mrs. Chailada Tantivejakul and Mrs. Malee Leelasiriwong Those Directors with possible conflict of interests did not attend nor

using the scenario, parameter and assumption conforming to the guideline approved by the risk management committee which shall cover the extreme but possible events of market volatility; (2) a quarterly