Solartron 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 Solartron Public Company Limited No. 4/ 2022 held on May 17, 2022 resolved the meeting's resolutions in the following manners:

1. Appointment of the audit committee/ Renewal for the term of audit committee:

[/] Chairman of the Audit Committee	[/] Member of the audit Committee As follws:
(1)	General Pudit	Tattiyachot
(2)	Pol Lt Gen Saridchai Anakevieng
(3)	Mr.Vipon	Vorasowharid

	The appointment/renewal of which shall take an effect as of May 17, 2022.
The audit committee is consisted of:
(1)	Chairman of the Audit Committee	General Pudit Tattiyachot	The remaining term 1 year
(2)	Audit Committee	Pol Lt Gen Saridchai Anakevieng	The remaining term	2 years
(3)	Audit Committee	Mr.Vipon	Vorasowharid	The remaining term	2 years

Secretary of Audit Committee: Mrs.Piyathida Sadeewong

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 and ensure that the disclosure of information in financial statements are accurate and adequate.
2. To review the Company's internal control system and internal audit system ensuring their appropriateness and effectiveness
3. To review and ensure that the Company's operations are in compliance with securities and stock exchange laws, the SET regulations, or other laws applicable to corporate businesses.
4. To consider, select and nominate the external auditor; and propose the external auditor's remuneration.
5. To review the Company's disclosure in case of related party transactions or transactions that may lead to any conflict of interest and ensure that the disclosed information is correct and complete
6. To perform any duties as assigned by the Board of Directors and agreed upon by the Audit Committee, such as reviewing financial management and risk management policies, reviewing Management's compliance with business ethics, and reviewing with Management important reports to be presented to the public as prescribed by the law, i.e. Management's reports and analyses, etc.
7. To prepare reports of the Audit Committee for disclosing in the Company's annual report in which shall be signed by the Chairman of the Audit Committee and consist of at least the following information :
8. 1. Opinions on accuracy, completeness and reliability of the Company's Financial Statements
   2. Opinions on adequacy of the Company's internal control system.
   3. Comments the Company's on compliance with laws on securities and the Stock Exchange of Thailand, the Set requirements, or laws applicable to the Company's businesses.
   4. Comments on suitability of the auditor.
   5. Comments on transactions that may lead to conflicts of interest.
   6. Numbers of the Audit Committee meetings and attendances of each of the Audit Committee members.
   7. Comments or overview observation which the Audit Committee has obtained from performing in compliance with the Charter.

1. 1. Any reports considered appropriate for notifying corporate shareholders and general investors under the scope, duties and responsibilities as assigned by the Board of Directors.
2. To report routine activities in order that the Board of Directors shall acknowledge the Audit Committee's activities as follows:
3. 1. The Audit Committee's minutes of meetings clearly specifying the Committee's comments on different matters.
   2. The report on the Committee's opinions on corporate financial statements, internal audit and internal audit procedure.
   3. Any report considered appropriate for acknowledgement of the Board of Directors.
4. In performing its duties, should the Audit Committee find any doubtful transactions or conducts as shown below which may cause a significant impact to the Company's financial status and operating results, it should report to the Board of Directors for improvement and correction within time frames it deems appropriate:
5. 1. Conflict of interest transactions.
   2. Any suspicion or presumption of corruption, abnormality, or fault which are significant in the internal audit system.
   3. Any suspicion that there might be noncompliance with securities and stock exchange laws, the SET regulations, or laws applicable to the Company's businesses. Should the Audit Committee report to the Board of Directors matters that significantly affect the Company's financial status and operating results, and discussion between the Committee and the Board of Directors on improvement and correction occurs, after the agreed due date, the Audit Committee finds that the matters have not been acted upon without any good reasons, one of the Committee's members may further report the finding to the Securities and Exchange Commission and the Stock Exchange of Thailand.
6. In case that the auditor finds any doubtful acts committed by a director, manager or any person responsible for the Company's operations that might be noncompliant with the law and reports to the Audit Committee the fact about such conducts for acknowledgement and prompt inspection, the Audit Committee shall then notify the outcome of preliminary inspection to the SEC, SET and the auditor within 30 days after being notified by the auditor report. Reporting of doubtful acts and the procedure to gain the facts on such acts shall be in line with the Capital Market Commission's regulations.
7. To have authority to invite directors, Management, department heads or employees to discuss or answer the Audit Committee's inquiries.
8. To review the scope of authority and responsibilities, and appraise the Audit Committee's performance on a yearly basis The Audit Committee is required to hold at least four meetings a year and serve a two-year term.

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

Mrs.Patama Wongtoythong

Chairman of Executive Director

Solartron Public Company Limited