Page 164 - 56-1 One Report 2022 EN

Part 2 Corporate Governance

The committee of the Management that reports to the Audit and Risk Committee is:

Risk Management Committee
The Risk Management Committee shall be comprised of not less than 7 members and not more than 15 members
in order to be able to oversee and manage the overall risk exposure in the areas of the Financial, Commercial,
Legal, Internal control, Compliance, Corporate Governance, Operation, Information technology, Sustainability,
Industry, and others if applicable. A committee member must be knowledgeable, capable, honest, and dedicate
adequate time to their position as a committee member in order to drive the Company’s risk management goals in
alignment with the Company’s business direction, by directly reporting to the Audit and Risk Committee, and the
Board of Directors respectively.

Based on appointment, the Risk Management Committee consists of the following 9 members:

Committee Members Position
1. Mr. Patompob Suwansiri Chairman

2. Mr. Anuwat Sanguansappayakorn Member
3. Mr. Piyawat Jriyasetapong Member
4. Mr. Sakon Kittivatcharapong Member

5. Mr. Ekachai Phakdurong Member
6. Mr. Salil Charuchinda Member

7. Mr. Park Boonyubol Member
8. Mr. Sanpetch Sanpasiri Member
9. Mr. Raivin Tananvorasin Secretary

The Risk Management Committee shall meet at least once a quarter as well as upon request. In 2022, there were 4
meetings in total, and reports were presented to the Audit and Risk Committee, and the Board of Directors
respectively.

Roles, Duties, and Responsibilities of the Risk Management Committees

The duties and responsibilities of the Risk Management Committee have been defined below:
1. To determine and review the risk management framework and policy, risk appetite statement, risk criteria, and
risk management process to ensure that these are aligned with international standards, as well as the
Company’s strategic direction, business objectives, daily operations, and changing circumstances, and
propose any revisions to the Audit and Risk Committee for reviews, and to the Board of Directors for approval.

2. To review risks and consider mitigation measures so that the risk owners can take the appropriate actions to
improve the management of their risks.

3. To follow up on the risk mitigation measures recommended by the Risk Management Committee in order to
ensure that these are implemented in accordance with the risk management policy and have the desired effect
within the defined risk appetite levels.

Part 2 page 40