LH Financial Public : Appointment of Independent Director and Chairman of Audit Committee

No. Or For.065/2022

30 June 2022

Subject: Appointment of Independent Director and Chairman of Audit Committee

To: President

The Stock Exchange of Thailand

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

LH Financial Group Public Company Limited would like to inform you that the Board of Directors Meeting No. 6/2022, held on 20th June 2022, passed the resolutions to appoint Mr. Piphob Veraphong as an independent director and chairman of Audit Committee, and BOT approved the appointment on 29 June 2022, effective on 29 June 2022.

Please be informed accordingly.

Yours sincerely,

(Mr. Vichian Amornpoonchai)

Company Secretary

Tel. [phone] Ext. 2020

F 24-1

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

The Board of Directors meeting of LH Financial Group Public Company Limited No. 6/2022 held on 20 June

2022 resolved the meeting's resolutions in the following manners:

• Appointment of the audit committee:

 Chairman of the audit committee	 Member of the audit committee
	As follows: (1) Mr. Piphob Veraphong
	The appointment of which shall take an effect as of 29 June 2022
The audit committee is consisted of:
1.	Chairman of the audit committee	Mr. Piphob Veraphong	remaining term in office 10 months
2.	Member of the audit committee	Mr. Pradit Sawattananond	remaining term in office 10 months
3.	Member of the audit committee	Dr. Supriya Kuandachakupt	remaining term in office 10 months
4.	Member of the audit committee	Mr. Pichai Dusdeekulchai	remaining term in office 2 years 10 months
	Secretary of the audit committee	Ms. Thanawan Teekautamakorn

Enclosed hereto is 1 copy of the certificate and biography of the audit committee. The audit committee numbers 1-4 has/have 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. Review the company's financial reporting to ensure that it is accurate and adequate.
2. Review and evaluate whether the company has set an appropriate and effective internalcontrol and internal audit.
3. Review and ensure that the company has complied with the laws relevant to the company's business.
4. Consider, select, and propose the appointments and terminations of auditors and their remunerations.
5. Consider the accuracy and completeness of the company's information disclosure, especially the related- party transactions or transactions with conflicts of interest.
6. Supervise the Audit Department to conduct the internal audit effectively with appropriate number of staffs and working system, independent from any departments to be audited, and align with the professional standard for internal audit and the Bank of Thailand'sguidelines on internal audit of financial institutions.
7. Ensure the company has adequate internal control and complies with the whistleblower policy.
8. Provide guidelines and internal control to prevent any corruption and monitor potential risks from any form of corruptions for the companies in the financial business group.
9. Obtain regularupdates from the Risk Oversight Committee for matters requiring improvements to be in line with the policies and strategies of the company.

1. Share opinions with the Audit Committee and the Risk Oversight Committee in case of a review of the adequacy and efficiency of overall policies, risk management strategies and risk appetite as to evaluate whether they can cover all kinds of risks, including emerging risks, and also the effective and efficient implementation of the policies and strategies.
2. Provide the corporate governance's report of the Audit Committee and disclose it in the annual report.
3. Report the performance to the Board of Directors.
4. Perform other tasks assigned by the Board of Directors with the consent from the Audit Committee.

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 ………………………………………………… Director

(Mr. Shih, Jiing-Fuh)

(Seal)

Signed ………………………………………………… Director

(Mr. Vichian Amornpoonchai)