Page 74 - TYCONS - ANNUAL REPORT 2022

Tycoons Worldwide Group (Thailand) Plc.

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, 2022
No. Name-Last Name Position

1 Mr. Huang, Wen-Sung * Chairman and Executive Board
2 Ms. Lu, Yen-Chuan * Director and Executive Board
3 Mr. Natthawat Thanapinyanun President and Executive Board
4 Ms. Hwang, Feng-Mei Vice President and Executive Board
5 Mr. Chao, Wen-Ching Vice President

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

*Appoint Mr. Huang Wen Sung director of the Board as the Chairman of the Board
of Directors in replacement of Ms. Lu Yen Chuan resigned. This appointment shall be
effective from 09 June, 2022 onwards.

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