Page 369 - BAM ONE REPORT 2564 (ENGLISH VERSION)

Form 56-1 One Report 2021
Bangkok Commercial Asset Management Public Co., Ltd. 367

8.6 The decision of the meeting shall be made by a majority of votes. If the votes are equal, the Chairman of
the Meeting shall have an additional vote as a casting vote.

9. Sub-committees
The Board of Directors may appoint one or more sub-committees to support the performance of the Board of
Directors. Such sub-committees are responsible for reviewing matters of particular importance. The Board of Directors
will appoint members of the sub-committees, issue Subcommittee Charter, the components of the Subcommittees
or the determination of scope, powers, duties and responsibilities and other matters related to such sub-committees
per the Board of Directors’ appropriate considerations. The Board of Directors will consider reviewing the charter of
each sub-committee in each year.

10. Compensation
The Board of Directors, with the recommendation of the Nomination and Remuneration Committee, sets and
formulates a policy on monetary and non-monetary compensation. The process of considering the compensation
must be transparent and suitable for duties and responsibilities and must be equal to the standards of the same
business. The remuneration rates for the Board of Directors must be approved at the Shareholders' Meeting.

Audit Committee Charter
According to the Board of Directors Meeting No. 14/21, dated December 3, 2021, it was resolved to amend the
announcement of Bangkok Commercial Asset Management Public Co. Ltd. Subject: Audit Committee Charter in order
to comply with the best practices of the Audit Committee, which is an independent committee. Therefore, the Company's
announcement regarding the Audit Committee Charter, which was promulgated on July 13, 2021, was cancelled, and
shall be enforced in this Audit Committee Charter as follows:
1. Principle and Rationale
The Board of Directors has appointed an Audit Committee to perform duties as stipulated in relevant laws and
in accordance with the Principles of Good Corporate Governance and social responsibility to lead the Company to sustainable
success.
The Audit Committee therefore has prepared a Charter of the Audit Committee to indicate the scope of duties
and responsibilities and guidelines for good performance to be the standard in the performance of the Audit Committee
in order to continue to perform duties to achieve the objectives of the Company.

2. Objectives
The scope of responsibility for the Audit Committee to perform the duties are as follows:
2.1 To assist the Board of Directors in performing their supervisory duties by reviewing the accuracy and reliability
of the financial reports, internal control system, internal audit and risk management process.
2.2 To support and promote the Company’s internal operations to be effective, transparent, reliable and verifiable.
2.3 To monitor and ensure that the Company follows the laws, rules, regulations, charter, work practices and
official requirements related to the Company's operations.

3. Definition
"Company" means Bangkok Commercial Asset Management Public Co., Ltd.
"Director" means the directors of the Company appointed to control the operations
of the Company under the mission set by the shareholders.
"Board" means the Board of Directors