of the Office of the Securities and Exchange Commission No. SorThor. 49/2549 Re: Rules on Exemption from Appointment of Independent Director of Securities Companies -------------------------------- By

delivering value to the benefit of beneficiaries or clients over the appropriate time-horizon. 1.2 Independent oversight Institutional investors should be led by boards or other governance structures that act

) and Economics), Georgetown University, Washington D.C., U.S.A​   ​Current Appointments   Member of Financial Institutions Policy Committee, Bank of Thailand  Independent Director and Member of the

) and Economics), Georgetown University, Washington D.C., U.S.A​   ​Current Appointments   Member of Financial Institutions Policy Committee, Bank of Thailand  Independent Director and Member of the

Activity Report 61En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2018 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2018 Executive Summary

, both the Board of Directors and the Audit Committee view that such transaction is reasonable and beneficial to the company. However, the independent financial advisor is of the opinion that the

Supervision of Business and Market Intermediaries , Sales Conduct and Provision of Investment Advice ​ ​ ​Experiences Independent Director, Audit Committee Member, and Corporate Governance Committee Member

board‟s responsibilities inherently demand the exercise of objective, independent judgement. However, given the ownership structure in Asia, directors often remain appointees of controlling shareholders

on this key step to safeguard the environment and spur sustainable national economic development. • Achievement of this goal is a testament to the strong leadership and commitment of the government and

Shareholders, there are 4 directors to be retired by rotation, namely: 1. Mr.Sutee Phongpaiboon Position Independent Director, Chairman of Audit Committee and Chairman of the Nomination and Remuneration