Page 402 - BAM ONE REPORT 2565 (ENGLISH VERSION)

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3. Compositions and Qualifications of the Risk Oversight Committee
3.1 The Risk Oversight Committee consists of Company director and/or at least three but not more than five

outsiders, of whom 1 director is the Chief Executive Officer or top management or other equivalent positions
3.2 The Risk Oversight Committee members must possess the following qualifications:
(1) Possess knowledge, abilities and experiences to be able to act in suggesting advices on the Company’s
risk management
Bangkok Commercial Asset Management Public Co., Ltd.
(2) Possess no prohibited characteristics as specified in the law on public limited companies, Securities and
Exchange Law, and other relevant laws

4. Appointment and Term of Office
4.1 The Board of Directors appoints the Chairman of the Risk Oversight Committee and Risk Oversight Committee
members.
4.2 The Risk Oversight Committee member who is the Company’s director shall hold office for a term
according to the directorship term, and the Risk Oversight Committee member who is a third party shall hold office for
a term of two years, but not more than three consecutive terms.
In this regard, the Risk Oversight Committee member whose term is due may be reappointed at the next time
as the Board of Directors deems appropriate.
4.3 The Risk Oversight Committee member shall vacate office upon:
(1) Completing full term of rotation
(2) Retiring from being a director of the Company
(3) Resignation
(4) Death
Th Board of Directors has passed resolution vac office.
When th Ris Oversigh member completes th ter of offic or ther is any reason th Ris
Oversigh member cann stay until th end of his/her ter which results in th number of members bein
fewer than th specified number th Board of Directors shall appoin n Ris Oversigh member within
thr months fr th d of such circumstanc ensur th continuity in th performanc of th Ris Oversigh
Committee.

5. Duties and Responsibilities
The Risk Oversight Director has duties and responsibilities as follows:
5.1 Set guidelines for risk management at the organizational, department / institute / office levels and provide
consultation on risk management.
5.2 Consider and approve rules and procedures for risk management
5.3 Follow up on the development of risk management guidelines and supervise the establishment of a risk
management system that is linked to the organization’s strategy
5.4 Follow up on the organization’s critical risk identification and assessment process as appropriate to the
situation
5.5 Consider and approve the results of the annual risk analysis and risk management plans
5.6 Report to the Board of Directors on progress in risk management and report the risk status of the organization
5.7 Communicate and coordinate with the Audit Committee regarding the key risks