capital of the Company or the fund received from capital increase. Board opinion Board resolution to approve for River Kwai International Food Industry Co., Ltd buy machinery from Chiang Rai Frozen Food

. Strengthened enterprise business and digital services via partnership strategy AIS has seen an upsurge in demand for Cloud, Data center, and enterprise solutions as well as new services i.e., eFBB, 5G FWA+, 5G

continuing to move to full adoption of international accounting standards; > Strengthening auditor independence and effectiveness of market intermediaries; and > Continuing to increase board independence and

20T H ANNIVERSARY 1 Securities and Exchange Commission, Thailand Annual Report 2012 SEC ANNUAL REPORT 20122 THE YEAR OF CHANGE The year 2012 was the time for change to become the visionary partner whose balance between proactive and preventive approaches has led to stakeholders’ confidence in the Thai capital market. THE YEAR OF CHANGE 20T H ANNIVERSARY 1 02 MESSAGE FROM THE CHAiRMAN 04 MESSAGE FROM THE SECRETARY-GENERAl 06 SEC BOARd 09 CApiTAl MARkET SupERviSORY BOARd 12 ExECuTivE OFFiCERS 13 O...