Page 78 - Microsoft Word - One-Report-Eng 2024 Final.docx

Tycoons Worldwide Group (Thailand) Plc.

The Executive Board as at Dec 31, 2024

No. Name-Last Name Position
1 Mr. Huang, Wen-Sung Chairman of Board
2 Ms. Lu, Yen-Chuan Director
3 Mr. Natthawat Thanapinyanun Director
4 Ms. Hwang, Feng-Mei Director

The Audit Committee as at Dec 31, 2024

No. Name-Last Name Position
1 Mr. Navin Vongchankit Chairman of the Audit Committee
2 Mr. Jirawat Huang Audit Committee
3 Mr. Phiphat Wangphichit Audit Committee

Name of chief of internal auditor: Miss Huang Tsai - Ting
One audit committee member has basic knowledge in accounting and finance, namely: Mr.
Navin Vongchankit graduated from Seattle University, Washington USA, Master of Business
Administration.

7.3 Information on subcommittees
Sub-Committee of Board of Directors

The scope of work and responsibilities of the Board of Directors, Audit Committee Executive Board,
Managing Director in accordance with Public Limited Company Act and related Acts are as follows:

The Board of Directors

1. To perform its duty in the most professional manner to comply with all laws, the company’s
objectives, articles of association and shareholder’s resolutions as well as to preserve the
company’s benefit and interests.
2. To determine the company’s direction and control all business operations in accordance with the
related government entities’ rules and regulations. To assure the disclosure of information to
shareholders and related entities as well as perform transparency management to achieve optimal
benefits to the company.
3. To ensure that business is operated efficiently and in compliance with all regulatory bodies such
as the Stock Exchange of Thailand (SET) and the Securities and Exchange Commission (SEC).
4. To ensure that the company has effective internal control systems and an internal audit unit that
works closely with the audit committee.
5. The Board of Directors may establish an executive board and a management team or delegate
control to other persons to manage the company under the Board of Directors’ supervision. The
delegation must be accompanied by responsibilities and limitation of the control and must not be
delegated to persons in circumstances that would lead to conflicts of interest with the company and
its subsidiaries.
6. To have the intention to run the business continuously and conduct themselves with honesty and
integrity and to be interested in the business in which they hold the directorship.

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