Page 97 - Microsoft Word - One-Report-Eng 2024 Final.docx

Tycoons Worldwide Group (Thailand) Plc.

4. The company seeks for stable investments and helps the company survive and
sustainably grow in a long term. As this is the first time in foreign investment, the company decide
to proceed with a joint venture scheme with TGI that has more expertise and experience in foreign
investment. In addition, Fastbolt Group is a company that has the potential to generate consistent
income in the long run and grow in the future, to be able to generate stable income and profitability
for the Company, which will lead to the creation of added value for shareholders, as well as generate
good returns for all shareholders, including the Company. This will have a positive impact on the
company's operating position in the future.
5. The joint venture in Fastbolt International Pte. Ltd. will be of great benefit to TYCN's
business, the fact that TYCN will always have access to fastbolt group marketing information ,
which in this respect will be of great benefit to TYCN's business, especially for TYCN to be able to
recognize the current situation and the demand for the various nuts, screws, clamps that TYCN
manufactures and sells in the EU and Chinese markets, which will reflect the overall picture of the
global market and the prices of steel products that are about to change more clearly. This enables
TYCN to manage stock products to meet market demands and control the cost price of products to
suit the global market prices that are changing significantly more accurately. TYCN may also be
able to use this opportunity to increase TYCN's distribution and distribution channels to the EU and
Chinese markets, thereby increasing the company's revenue opportunities.

Policy and Measurement to Prevent the Conflict of Interest

1. Disclose and transmit the information of its interests and related persons to the Board of
Directors of the Company in order to know the relationship and transactions with the Company and
Fastbolt International Pte. Ltd. in a manner that may cause the conflict of interests immediately prior
to the transaction. The Secretary of the Company shall be responsible for auditing transactions with
interests on a regular basis at the end of the year. The auditing will include executives, employees
or related persons, and present the information to the Audit Committee. In addition, the Company
will arrange for the Audit Committee or auditors or independent experts, as the case may be, to
consider, audit and give opinions on the appropriateness of the price and reasonableness of the
transactions, and will disclose such transactions in the notes to the audited or reviewed financial
statements by the Company's auditors in the Annual Information Report Form (Form 56-1 One
Report).
2. The Company has a corporate governance policy of the Company to comply with the
requirements of the organization. The Directors Executives, including employees or related persons
shall use no inside information of the Company or of Fastbolt International Pte. Ltd. for any financial
benefit other than as may be normally required. Except as publicly available information and does
not use the company's assets or business opportunities or that of Fastbolt International Pte. Ltd. in
violation of the rules as prescribed by the Securities and Exchange Commission of Thailand and
Securities and Exchange of Thailand.
3. Supervise and responsible the Company and Fastbolt International Pte. Ltd. to have an
internal control system, risk management system and anti-corruption system appropriately,
efficiently and concisely enough to ensure that the operations of the Company and Fastbolt
International Pte. Ltd. are in accordance with various policies, company regulations, laws and
guidelines regarding the corporate governance of listed companies, as well as relevant regulations
and rules of the Capital Market Supervisory Board, the Securities and Exchange Commission of
Thailand and Securities and Exchange of Thailand.

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