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

F 24-1

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

The Board of Directors meeting of Sansiri Public Company Limited No. 9/2020 held on 25 September 2020 resolved the meeting's resolutions in the following manners:

• Appointment of the audit committee/Renewal for the term of audit committee:

	Chairman of the audit committee	✓ Member of the audit committee
	As follows:	Mr. Weeranant Chuensuwan
	, the appointment/renewalof which shall take an effect as of	25 September 2020
	Determination/Change in the scope of duties and responsibilities of the audit committee with the
following details:
				-
	, the determination/change of which shall take an effect as of	-
The audit committee is consisted of:
1.	Chairman of the audit committee	Mr. Jesadavat Priebjrivat	remaining term in office	1	month
2.	Member of the audit committee	Mr. Supanit Chaiyawat	remaining term in office	1	month
3.	Member of the audit committee	Mr. Kittichai Raktakanit	remaining term in office	1	month
4.	Member of the audit committee	Mr. Weeranant Chuensuwan remaining term in office	1	month

Secretary of the audit committee	Mr. Thalin Aeimtitiwat
Enclosed hereto is	1 copy of	the certificate and biography of the audit committee. The audit

committee numbers 1 - 4 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. to review the Company's financial reporting process to ensure that it is accurate and adequate;
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;
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 usiness;
4. to review and ensure that the Company has duly complied with Anti-Corruption Policy and report it to the Board of Directors.
5. to review and assess the Audit Committee charter on a regular basis. Propose changes in the charter for the Board of Director's approval.
6. 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;

2

1. 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;
2. 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:
3. 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,
   5. an opinion on the transactions that may lead to conflicts of interests,
   6. the number of the audit committee meetings, and the attendance of such meetings by each committee member,
   7. an opinion or overview comment received by the audit committee from its performance of duties in accordance with the charter, and
   8. 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; and
4. to perform any other act as assigned by the Company's Board of Directors, with the approval of the Audit Committee.

In its performance of duties as described above, the Audit Committee must be directly responsible to the Company's Board of Directors, while the Company's Board of Directors shall remain responsible to third parties for the operations of the Company.

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. Apichart Chutrakul)

Signed ………………………………………………… Director

(Mr. Wanchak Buranasiri)