Page 217 - 56-1 One Report 2022 EN

Part 3 Financial Statements

Board of Directors’ Responsibility for Financial Reporting 2022

The Board of Directors is responsible for Thaicom Public Company Limited’s separate financial statements and
Thaicom Public Company Limited and its subsidiaries’ consolidated financial statements, including the financial
information presented in this annual report. The aforementioned financial statements are prepared in accordance
with generally accepted accounting principles, using careful judgment and the best estimations. Important
information is adequately and transparently disclosed in the notes to financial statements for the Company’s
shareholders and investors.

The Board of Directors has provided and maintained a risk management system and appropriate and efficient
internal controls to ensure that accounting records are accurate, reliable and adequate to protect its assets and
uncover any weaknesses that may be presented in order to prevent fraud or materially irregular operations.

In this regard, the Board of Directors has appointed an Audit & Risk Committee to be responsible for reviewing the
accounting policy, financial reports, internal controls, internal audit and risk management system. The Audit
Committee has also reviewed a disclosure of related party transactions. All their comments on these issues have
been included in the Audit & Risk Committee Report which is presented in this annual report.

The separate financial statements of the Company and the consolidated financial statements of the Company and
its subsidiaries have been examined by an external auditor, KPMG PHOOMCHAI AUDIT CO., LTD., to conduct the
audits and express an opinion in accordance with generally accepted auditing standards, the auditor was provided
with all of the Company’s records and related data as requested. The auditor’s opinion is presented in the auditor’s
report as part of this annual report.

The Board of Directors believes that the Company’s overall internal control system has functioned up to a
satisfactory level and rendered credibility and reliability to Thaicom Public Company Limited’s separate financial
statements and Thaicom Public Company Limited and its subsidiaries’ consolidated financial statements for the
year ended 31 December 2022. The Board of Directors also believes that all these financial statements have been
prepared in accordance with generally accepted accounting principles and related regulations.

(Mr. Somprasong Boonyachai) (Mr. Patompob Suwansiri)
Chairman of the Board of Directors Chief Executive Officer

Part 3 page 1