Page 77 - One Report Thai Final_ENG_2021

Tycoons Worldwide Group (Thailand) Plc.

compliance to the provisions and laws; and deliberated on information disclosure of related
items in conformity with provisions of the Securities Exchange of Thailand.

The audit committee reviewed the consolidated financial statements and has
an opinion that the company prepared financial statements in accordance with generally
accepted accounting standards; adequately disclosed information; maintained regulating
and supervisory system; internal audit and risk management system is satisfactory with no
significant discrepancies are observed.

8.2.1 Specify the total number of the Audit Committee’s meetings and the
attendance of each member;

Details of Attendance and service of the Board of Audit Committee

Number of attendances / Total of meeting
No. Name-Last Name
2021 2020
1 Mr. Surabhon Kwunchaithunya 3/4 4/4
2 Mr. Navin Vongchankit** 1/4 -
3 Mr. Jirawat Huang 4/4 4/4
4 Mr. Phiphat Wangphichit 4/4 4/4

* Mr. Surabhon Kwanchaithunya resigned from the position of independent director and
Chairman of the Audit Committee effective from September 30, 2021 onwards.
**Appoint Mr. Navin Vongchankit as Independent Director and Chairman of the Audit
Committee effective from October 20, 2021onwards.

8.2.2 Describe the results of duty performance of the Audit Committee.

The audit committee jointly reviewed the 2021 annual consolidated financial
statements with the certified public accountant for presentation to the board of directors for
acknowledgement; discussed with relevant parties at meetings; reviewed compliance to the
provisions and laws; and deliberated on information disclosure of related items in
conformity with provisions of the Securities Exchange of Thailand.

The audit committee reviewed the consolidated financial statements and has an
opinion that the company prepared financial statements in accordance with generally
accepted accounting standards; adequately disclosed information; maintained regulating
and supervisory system; internal audit and risk management system is satisfactory with no
significant discrepancies are observed.

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