assignment [of such particular person]. If such person is ranked below “the first four executive succeeding the manager [and every person holding the position equivalent to the fourth rank]" in more than one

lower than departmental manager", the company shall consider from the responsibilities and duties prescribed in the assignment [of such particular person]. If such person is ranked below “the first four

Stock Exchange Seminar, Bangkok, May 11, 2011 Time for capital markets in Asia to rise Speech by Mr. Thirachai Phuvanatnaranubala, Secretary-General, SEC Thailand and Chairman of the ASEAN Capital Markets