Page 84 - One Report Thai Final_ENG_2021

Tycoons Worldwide Group (Thailand) Plc.

taken place, for notification and inspection as well as opinion of the Board of Directors
of the Company every quarter.

7. Corporate governance and responsibility, the company and KDB Co., Ltd.,
shall arrange appropriate and effective as well as compact internal control system, risk
management system, anti-corruption and dishonest system to ensure; that the company
and KDB Co., Ltd., have operated business in compliance with policies, rule of the
company, laws, and good corporate governance guideline of the listed company as well
as relating regulations issued by

Thai Capital Market Supervisory Board, the Securities and Exchange
Commission Thailand and the Stock Exchange of Thailand.
8. The Board of Directors of the company shall supervise the related party
transaction between the company and KDB Co., Ltd., in accordance to Laws of Securities
and other laws. The Board of Directors shall disclose information in accordance to
regulations of the Stock Exchange of Thailand and also regulations of other relating
sectors. The Company will place measurement for strictly compliance by KDB Co., Ltd.

9. The clear working system shall be completely arranged by December 2021, to
show the constant, and trustworthy adequate system of KDB Co., Ltd., in disclosure of
substantial transaction information in accordance with the regulations as well as having
a channel for Directors of the Company and executive officer of the company to retrieve
information of KDB Co., Ltd. Therefore, they are able to efficiently follow up and
monitor the operation and financial status of related party transaction between KDB Co.,
Ltd., and Directors of the company, and executive officer, as well as substantial
transaction of KDB Co., Ltd. Furthermore, there should be an inspection mechanism of
the mentioned system in KDB Co., Ltd., independent Directors, Inspection Directors, and
internal Auditor of the company are able to access into the information directly. There
should also be an inspection report of the mentioned mechanism to Directors of the
company, Inspection Directors, and executive officers of the company to ensure; that
KDB Co., has constantly complied with arranged working system.

10. There should be a representative Director of the company and expert Directors
in real estate field, to work in KDB Co., Ltd., for decision making process on business of
the company. The expert Directors in real estate business has a sole discretion, when there
is a conflict of opinion among Directors.

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