Page 69 - One Report Thai Final_ENG_2021

Tycoons Worldwide Group (Thailand) Plc.

8. In any matters other than those specified in clause 7, the Executive Board is empowered
to approve items concerning working capital loans (any other loan will be forwarded to
Board of Directors for consideration).
9. Approval on opening an account with any financial institution.

The Managing Director
1. To be a chairman of all management.
2. To approve all operational plans of every department.
3. To manage and run the business according to the normal practices of the company. With
respect to any significant matters, adversely affecting the company’s reputation and
financial status regarding the company’s business, the managing director will consult the
Board of Directors for their consideration.
4. Follow up the company’s business operations to conform them to the company plan and
assigned policy.
5. To approve requests from any department over which he has authority.
6. To preliminarily consider and propose investment plans or new businesses together with
sales/acquisitions of asset in an amount exceeding 50 million baht before submitting such
matters to the Board for approval through Executive Board
7. To propose the annual expense budget to be forwarded to the Board of Directors.
8. To consider merit of, appoint, transfer, punishing, discharging and recruiting managers.
9. To run the business following the policies set out by the Board of Directors.
10. To carry out such duties in good faith and with care to preserve the interests of the
company.
11. To authorize the foregoing except the approval of connected transaction as per
definition of the office of the Securities and Exchange Commission (SEC).
12. The managing director shall propose any borrowing or lending transactions, solicitation
of facilities from financial institutions and granting of guarantees on behalf of any parties,
to the Executive Board and/or Board of Directors to obtain approval. Working capital loans
will be approved solely by the Executive Committee.

7.4 Information on executives management

Names of the management team as at Dec 31, 2021
No. Name-Last Name Position
1 Ms. Lu, Yen-Chuan Chairman
2 Mr. Huang, Wen-Sung Director
3 Mr. Natthawat Thanapinyanun President
4 Ms. Hwang, Feng-Mei Vice President
5 Mr. Chao, Wen-Ching Vice President

6 Mr. Huang, Li-Hui Asst. Vice President
7 Ms. Arun Arsinviriya Senior Manager
Mr. Ma Yinhu
8 Senior Manager
9 Mr. Gao Qiang Senior Manager

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