Page 45 - TYCONS - ANNUAL REPORT 2022

Tycoons Worldwide Group (Thailand) Plc.

3.4.2 Social operating results

1.Equaitable Business:

Our products quality is followed international standard to manufacture, and we
acquired certification of ISO9001 quality management systems in 2001 in order to provide
safe, effective and applicable products. In year 2022, while our Company agree to and sign
various kinds of contracts with external parties, we all followed the principle of integrity
and mutual benefit, negotiated reasonable contents of contracts, fulfilled commitments of
contracts positive. We establish evaluation system for customers and firms for outsourcing,
when we signed contracts with others, the rights and obligations for both sides will write
down exhaustive. We disclose financial information, business situations and organization
structure according to corporate governance.

2.Principles for countering bribery and against corruption:

Our policy for countering bribery and against corruption has been stipulated and
approved by board of directors on November 13, 2014. Please refer to our web site
(www.tycons.com) corporate governance of investor relations page. In 2020, the company's
internal audit unit did not receive any complaints about violations of this policy.

The company’s internal audit department had no received any complaints about
breach of this policy in year 2022.

3.Respecting human rights:

We respect the rights of employees and other stakeholders, we have no
discrimination with races, colors, religions, genders, nationalities, ages, disability or other
situations that been considered as human rights. Our company will esteem human rights
appropriately and spread around the corporate operation, to eliminate unfair,
discrimination, harass and infringe on various rights. In year 2022, the company executed
in accordance with the stated as above.

4.Do justice to employees:

We signed official contract of employment with all employees, accordance with
employment laws, we gave appropriate remuneration and welfare to employees, we
prepared education and training awareness budget every year, and we dedicated to cultivate
staff’s abilities and upgrade their value. We also set up infirmary and nurses and host
physical examination every year to look after employees’ safety and health. We do not force
labor to violate labor laws, we do not hire child labor, provide equal opportunities of
employment, we have no discrimination of genders and races, we treat employees in fair.
In year 2022, the company executed in accordance with the stated as above.

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