SISB -AnnualReport-EN-2564

SISB PUBLIC COMPANY LIMITED

ANNUAL REPORT 2020

company’s media Is a famous organization Sometimes 9. Policy on treatment of shareholders
employees May be contacted by reporters or the media. In order
to ensure that the information communicated is correct, the The company has a policy to conduct business for the
Company does not allow news coverage. Or any information best benefit of the company with honesty, accuracy and ethics.
without discussion with the Information Department And will make best efforts to develop our business for growth
and sustainability by adhering to equitable practices

8. Honesty Equitable to shareholders with the following guidelines.

Company confidential and proprietary information 1. The company is determined to be a good

Including employee information Customers and business representative of the shareholders in conducting business with

partners of the company That cannot be disclosed to the prudence. Honest, honesty and transparent, taking into account

public Must be kept in a secret. Using the Company’s the long-term growth of company value.

resources Including working time Materials, equipment and 2. Corporate governance in accordance with good
information for personal use may from time to time. Which corporate governance principles.
would be allowed As long as it does not affect performance
or cause problems. However, the staff Everyone must not use 3. Will disclose accurate and complete financial
company equipment. Like a computer Photocopier And fax performance, financial information and other reports.

machines for external affairs or To support Religious, political 4. Appropriate internal control and risk management

or other activities in order to protect the interests of the systems are in place.

Company, the Company reserves the right to monitor or 5. Ensuring that directors, executives and employees
verify all information, including information on computers or do not seek benefits for themselves and related parties to
electronic devices used by our employees, including the provide any information of the organization which has not yet
Internet or intranet of the Company. Company This will not been disclosed to the public and disclose the Company’s
allow the use of company resources. To create, store, print or confidential information to third parties.
transmit any information that is harmful, intimidating, abusive,

abusive, use profusely Inappropriate speech Or what is

considered Sexual abuse

151z Information Certification

Attachment 6

Audit Committee Report

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SISB PUBLIC COMPANY LIMITED

ANNUAL REPORT 2020

Report of the Audit Committee

The Board of Directors of SISB Public Company Limited appointed the Audit Committee to comprise three independent
directors including Mr. Chatrapee Tantixalerm as the Chairperson of the Audit Committee, Mr. Prasitchai Kritsanayunyong and
Ms. Trithip Sivakriskul as members of the Audit Committee.

There have been four meetings of the Audit Committee in 2020. The three members of the Audit Committee have
attended the meetings of the Audit Committee with the management, internal auditor and external auditors. Details of the
meeting attendance are as follows:

NthaemAesudoiftMCoemmmbeitrtseoef Title Attendance of Meetings in 2020
1. Mr. Chatrapee Tantixalerm
2. Mr. Prasitchai Kritsanayunyong Chairperson of the Audit Committee 4/4
3. Ms. Trithip Sivakriskul Audit Committee 4/4
Audit Committee 4/4

Summary of the Performance of Duties by the audit is based on the evaluation of the Company’s internal

Audit Committee control and five components of the COSO framework including
internal control at the Environmental Control, Risk Assessment,
1. Review of Financial Statements Control Activities, Information and Communication and

The Audit Committee has reviewed both quarterly and Monitoring Activities.
annual financial statements of the Company before proposing
them to the Board of Directors for consideration and approval. 3. Review of the internal audit procedures

Representatives from EY Company Limited which is the The Audit Committee has considered approving the
Company’s auditor were invited to attend every meeting of the annual audit plan, review internal audit procedures, which are
Audit Committee where the Company’s financial statements a part of the Company’s management policy, and hear the
were considered. The Audit Committee questioned the internal audit report and explanation from the internal auditor,
accuracy of the financial statements, material adjustments of which has been appointed with the approval of the Audit
accounting items, appropriateness of accounting methods, Committee. The internal auditors carried out the audit
complete and sufficient disclosure of information and according to the importance of the risks as assessed. The
independence of auditors to ensure that the financial Audit Committee reported and provided suggestions to the
statements have been prepared in accordance with the legal Board of Directors and executive management on good
requirements and in accordance with Thai Financial Reporting corporate governance, compliance with laws, regulations and
practices, and efficiency in risk evaluation and risk mitigation
Standards.
2. Review of the Sufficiency and Appropriateness of the of the various departments and the organization.
4. Review of the Compliance with the Laws on Securities
Internal Control
The Audit Committee has reviewed the sufficiency and and Exchange or Laws relating to the Company’s Business
appropriateness of the internal control by taking into The Company will engage advisers and/or specialised
consideration the auditor’s report and the internal audit report experts to advise on the legal compliance in the Company’s
issued by P&L Internal Audit Company Limited which has been material transactions.

engaged as the internal auditor of the Company. The internal

153z Information Certification

5. Suitability of the Company’s Auditor
The Audit Committee has considered and nominated the auditor from EY Company Limited and the annual auditing fee
to the Board of Directors for further approval by the Shareholders’ Meeting. The Audit Committee is of the opinion that the
person nominated as the auditor is qualified in terms of knowledge, capability and is sufficiently independent from the
Company and subsidiaries the performance of duties of the Company’s external auditor, EY Company Limited with respect to
its independence in the performance of duties, professional requirements and appropriateness of remunerations for the
auditor.
6. Transactions with Related Parties
The Audit Committee has considered connected transactions having regard to the principle of good corporate
governance, transparency and commercial reasonableness, taking into consideration the Company’s best interest. The Audit
Committee has also ensured that disclosure of information is correct and complete.
In summary, The Audit Committee has performed its duties fully in accordance with the scope of its duties and
responsibilities by using knowledge, capabilities, prudence and independence, taking into consideration the Company’s best
interests and the interests of all stakeholders of the Company.
The Audit Committee has considered and is of the opinion that the Company has maintained appropriate and sufficient
internal control and risk management. No deficiency has been identified which may cause material impact to the Company’s
business. The Audit Committee has performed its duties with due care and to the best of its capability for the interest of the
Company, shareholders and all stakeholders.

Mr. Chatrapee Tantixalerm
Chairperson of the Audit Committee

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SISB PUBLIC COMPANY LIMITED

ANNUAL REPORT 2020

155z Information Certification

Spirit of Excellence

www.sisb.ac.th www.sisb.ac.th 02 158 9090

498/12 Soi Ramkhamhaeng 39
(Tepleela 1) Wangthonglang
Bangkok 10310 Thailand

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