IT City Public : Form to Report on Names of Members and Scope of Work of the Audit Committee ( F24-1 )

F 24-1

- Translation -

Form to Report on Names of Members and Scope of Work of the Audit Committee

The Board of Directors meeting of IT CITY Public Company Limited No.3/2022 held on 9th August 2022 resolved the meeting's resolutions that is renewal for the term of Chairman and member of the audit committee: As follow:

1. Mr. Vichit Yanamorn
2. Mr. Sarsak Tuntasuwon
3. Mr. Ronnawat Suwannapirom

the renewal of which shall take an effect as of 7 th October 2022.

The audit committee is consisted of:

1.	Chairman of the audit committee	Mr.Vichit	Yanamorn	remaining term in office	2	years.
2.	Member of the audit committee	Mr. Sarsak	Tuntasuwon	remaining term in office	2	years.
3.	Member of the audit committee	Mr. Ronnawat Suwannapirom	remaining term in office 2	years.

Secretary of the audit committee Miss Chirawan Thipkomut

The audit committee number 1 has adequate expertise and experience to review creditability of the financial reports.

The audit committee of the company has the scope of duties and responsibilities to the Board of Director on the following matters;

1. to review the Company's financial reporting process to ensure that it is accurate and adequate and co-operate with auditors and management to prepare the financial reports, including quarterly and yearly. The Audit Committee may suggest that the auditor inspect any transaction which is considered to be an important matter;
2. to review the Company's internal control system and internal audit system to ensure that they are suitable and efficient, to determine an internal audit unit's independence, as well as to approve the appointment , transfer and dismissal of the chief of an internal audit unit or any other unit in charge of an internal audit;
3. to review the Company's compliance with the law on securities and exchange, the Exchange's regulations, and the laws relating to the Company's business;
4. to consider, select and nominate an independent person to be the Company's auditor, and to propose such person's remuneration, as well as to attend a non-management meeting with an auditor at least once a year;
5. to review the Connected Transactions, or the transactions that may lead to conflicts of interests, to ensure that they are in compliance with the laws and the Exchange's regulations and are reasonable and for the highest benefit of the Company;
6. to prepare and to disclose in the Company's annual report, an audit committee's report which must be signed by the audit committee's chairman and consist of at least the following information:
7. 1. an opinion on the accuracy, completeness and creditability of the Company's financial report,
   2. an opinion on the adequacy of the Company's internal control system,
   3. an opinion on the compliance with the law on securities and exchange, the Exchange's regulations, or the laws relating to the Company's business,
   4. an opinion on the suitability of an auditor,

2

1. 1. an opinion on the transactions that may lead to conflicts of interests,
   2. the number of the audit committee meetings, and the attendance of such meetings by each committee member,
   3. an opinion or overview comment received by the audit committee from its performance of duties in accordance with the charter, and
   4. other transactions which, according to the audit committee's opinion, should be known to the shareholders and general investors, subject to the scope of duties and responsibilities assigned by the Company's board of directors;
2. to perform any other act as assigned by the Company's board of directors, with the approval of the audit committee;
3. to perform the Audit Committee's report to the Company's board of directors at least once for each quarter.

The company hereby certifies that

1. The qualifications of the aforementioned members meet all the requirements of the Stock Exchange of Thailand; and
2. The scope of duties and responsibilities of the audit committee as stated above meet all the requirements of the Stock Exchange of Thailand.

Signed	Mr.Vichit	Yanamorn Chairman of the Board
Signed	Mr.Ekachai	Sirijirapatana Director