Page 66 - TYCONS - ANNUAL REPORT 2022

Tycoons Worldwide Group (Thailand) Plc.

satisfaction in terms of quality standards and fair prices. Development of products and
services to meet the diverse needs and quality control, complaints about products and
services, maintain client confidentiality includes not put customer data to generate benefits
are also a return policy if it finds that the product is not quality or inferior.

CREDITORS
The Company strictly complies with the conditions and requirement strictly of both
trade creditors and lender and make timely payment, as well as following the affirmatives
give to the creditors throughout the liable periods and provide information with accuracy,
transparence, equity and fairness.

4. Disclosure and Transparency

The Board of Directors discloses the financial information, business activities, and
other business performance accurately, completely, efficiently, and timely that reflects the
actual financial status, complies with the Generally Accepted Accounting Principles
(GAAP), and is audited by independent auditor. In addition, the audit committee which is
composed of independent directors with no involvement with the company management
will also help review the give information.

The Company places the timely and accurately disclosure of financial and other
information that may affect the share price at priority through SET website. Moreover, the
company has also established Investor Relations Office. For investors and those who are
interested in obtaining the company’s information, they may contact Investor Relation
Officer at Tel:033-658-558or fax: 038-636-822 or E-mail Address: iro@tycons.com.

In 2021, IR officer has provided information to parities such as shareholders and
analysts in many occasions such as quarterly performance and invest projects.

Director’s remuneration; The Board of Directors has disclosed clearly the directors’
remuneration policies which is in response to the contributions and responsibilities of each
directors and the remuneration is approved by shareholders through shareholders’ meeting.

Managements’ remuneration: The Board of Directors has developed the
management remuneration policy that is fair and attractive enough for qualified people to
take the position and perform at high standard.

5. Responsibilities of the Board

Leadership and vision

The Board of Directors has played a role in setting the company’s goal, task, and
budget, and moreover oversaw the company operation according to its goal. The Board of
Directors has also made comments on the internal control/audit system to manage the risk
and maximize the company’s profitability.

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