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Audit Committee Charter
According to the Board of Directors Meeting No. 14/22, dated November 4, 2022, 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 December 15th, 2021, was cancelled,
and shall be enforced in this Audit Committee Charter as follows:
Bangkok Commercial Asset Management Public Co., Ltd.
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
“Audit Committee” means a director appointed to maintain the position of the Audit Committee
of the Company.
“Internal Audit Unit” means the Company’s departments which have the scope of duties and
responsibilities in the internal audit.
“Executive” means Chief Executive Officer or the first four executive positions after the
Chief Executive Officer and every officer holding a position equivalent to

officers holding a fourth executive level position, also means a person
holding an executive position in the accounting or finance fields at the
level of a vice president or higher, or equivalent.
“Major shareholder” means a shareholder, whether directly or indirectly in the Company, who
holds more than 10 percent of the total number of shares with voting rights.