Siam Makro Public : Appointment of Chairman of Sub-Committees and Member of Sub-Committee

	Translation
Date:	July 5, 2022
Subject:	Appointment of Chairman of Sub-Committees and Member of Sub-Committee
To:	President of the Stock Exchange of Thailand
Enclosure:	Form to Report on Names of Members and Scope of Work of the Audit
	Committee (Form F24-1)

Siam Makro Public Company Limited (the "Company") would like to inform you that the Board of Directors' Meeting No. 3/2022 held on June 24, 2022 has resolved the appointments of Chairman of Sub-Committees to replace Mr. Joti Bhokavanij, independent director who has retired by rotation, and the Member of Sub-Committee as described below.

1. Appointed Mr. Jukr Boon-Long, Independent Director, Member of the Audit Committee and Member of the Corporate Governance Committee to be Member of the Nomination and Remuneration Committee, effective from June 24, 2022 onwards.
2. Appointed Mr. Ralph Robert Tye, Independent Director and Member of the Audit Committee, to be Chairman of the Audit Committee, effective from July 5, 2022 onwards.
3. Appointed Mr. Prasobsook Boondech, Independent Director and Member of the Nomination and Remuneration Committee, to be Chairman of Nomination and Remuneration Committee, effective from July 5, 2022 onwards.

Therefore, the Company's Board of Directors as of July 5, 2022 comprises the following members

1.	Mr. Suphachai Chearavanont	Chairman of the Board of Directors
2.	Mr. Ralph Robert Tye	Independent Director and Chairman of the Audit Committee
3.	Mr. Rawat Chamchalerm	Independent Director and Chairman of the Corporate
		Governance Committee
4.	Mr. Prasobsook Boondech	Independent Director and Chairman of the Nomination and
		Remuneration Committee
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5.	Mrs. Kannika Ngamsopee	Independent Director and Member of the Audit Committee
6.	Mr. Jukr Boon-Long	Independent Director, Member of the Audit Committee,
		Member of the Corporate Governance Committee and
		Member of the Nomination and Remuneration Committee
7.	Mr. Korsak Chairasmisak	Director, First Vice Chairman, and Member of the Nomination
		and Remuneration Committee
8.	Mr. Umroong Sanphasitvong	Director and Member of the Corporate Governance Committee
9.	Mr. Piyawat Titasattavorakul	Director
10.	Mr. Pittaya Jearavisitkul	Director
11.	Mr. Adirek Sripratak	Director
12.	Dr. Prasert Jarupanich	Director
13.	Mr. Narong Chearavanont	Director
14.	Mr. Tanin Buranamanit	Director and Second Vice Chairman
15.	Mrs. Saowaluck Thithapant	Director

Please be informed accordingly.

Yours faithfully, -- //--

(Mrs. Saowaluck Thithapant)

Group Chief Executive Officer - Makro Business and

Group Chief Financial Officer

SET & Investor Relations

Tel. [phone] extension 8255/ 8260/ 8285/ 9329

Fax. [phone]

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F 24-1

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

The Board of Director's meeting/shareholders meetingof Siam Makro Public Company LimitedNo. 3/2022held on 24 June 2022resolved 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:
(1) Mr. Ralph R. Tye	Chairman of the Audit Committee
, the appointment/renewal of which shall take an effect as of 5 July 2022.

Determination/Change in the scope of duties and responsibilities of the audit committee with the following details:

- remain unchanged -

, the determination/change of which shall take an effect as of ………………..

The audit committee is consisted of:
1. Chairman of the audit committee	Mr. Ralph R. Tye	remaining term in office 3 year - months
2.	Member of the audit committee	Mrs. Kannika Ngamsopee	remaining term in office 2 years - months
3.	Member of the audit committee	Mr. Jukr Boon-Long	remaining term in office 2 years - months

Secretary of the audit committee Ms. Busakorn Rakkanka

Enclosed hereto is 1 copy of the certificate and biography of the audit committee (Mr. Ralph R. Tye). The audit committees No. 1 - 3have adequate expertise and experience to review creditability of financial reports.

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

1. To review the Company's financial report in order to ensure that it is accurate and adequate;
2. To review the Company's internal controls system including risk management and internal audit system ensuring that they are suitable and effective, to determine the degree of independence of the internal audit group, as well as to approve the appointment, transfer and dismissal of the head of an internal audit group or any other group responsible for internal audit functions within the Company;
3. To review the Company's compliance with the laws on Securities and Exchange, the SET's regulations, and any other laws relating to the Company's business;
4. To consider the qualifications, independence, performance and audit fee of the external auditors in order to exercise final approval on the appointment or termination of the auditors;
5. To meet separately with the external auditors without the presence of management at least once a year;

1. To review any connected transactions or transactions that may lead to a conflict of interest situation, in order to ensure that they are in full compliance with the laws and regulations of the SET as well as that such transactions are reasonable and undertaken for the fullest benefit of the Company;
2. To prepare the Audit Committee's Report to be included in the Company's Annual Report, which must be signed by the Audit Committee Chairman and consists of at least the following information:
3. 1. An opinion on the accuracy, completeness and reliability of the Company's financial report.
   2. An opinion on the adequacy of the Company's risk management and internal controls system.
   3. An opinion on the compliance with the laws on Securities and Exchange, the SET's regulations or any other 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 conflict of interest situations.
   6. The number of the Audit Committee meetings and the attendance record at such meetings by each member of the Audit Committee.
   7. Any opinions or comments that are received by the Audit Committee in performing its duties in accordance with its Charter.
   8. Other transactions which, in the opinion of the Audit Committee, should be made known to the Shareholders and general investors, subject to the scope of duties and responsibilities as assigned by the
      Company's Board of Directors.
4. To review the Company's compliance with private sector's anti-corruption and certification programs, including the Collective Action Coalition against Corruption's Self-Evaluation Tool.
5. Review the whistle-blowing report prepared by Internal Audit Department on a quarterly basis, and oversee the Company's whistle-blowing process for receiving whistle-blowing information and taking appropriate action.
6. To perform any other activities as assigned by the Company's Board of Directors and concurred to by 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. Umroong Sanphasitvong )
(Seal)
Signed		Director
	( Mrs. Saowaluck Thithapant )
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