Strategy and Business target Risk Management Internal Control Subsidiaries Oversight Short term business target in 2021 is complete the integration of two banks by December 2021. Board of Directors has reported the progress of the integration in 2021 AGM. Board of Directors approved the revision of the overall structure of risk management policy for entire business after integration. Board supervise the adequacy of the internal control for bank-wide of merged bank. Board of Directors approved the investment ratio in the subsidiary companies according to the bank’s strategy and business target. The Board of Directors also approved the representative director appointment for all subsidiaries. The Board of Directors approved the structure of the supervisory board for subsidiary (PAMCO) Nomination, Development, Performance Assessment Code of Conduct and Corporate Culture Conflict of Interest and Inside information Anti-Corruption Oversight and Whistleblowing Board of Directors considered and approved the qualification of person who were elected as director for approval in 2021 AGM. The skills and qualification of directors are validated according to the relevant regulations as well as the business direction. Board of Directors supervise the implementation of code of conduct and policies via the regular agenda for updating Board of Directors approve the Conflict of Interest Policy and Inside Information Policy which indicate the measurement for Board of Directors delegate Audit Committee and Risk Oversight Committee regarding the role of oversight the adequacy of the internal control implementation for mitigating the corruption risk. The result of corruption risk assessment 6. Corporate Governance Policy 6.1 Corporate Governance Policy Framework The Board of Directors is well aware of the importance and benefits of good Corporate Governance and thereby set out the written Corporate Governance Policy which applied SEC’s Corporate Governance Code for Listed Companies. In this regard, the relevant regulations and banking industry code of conduct also incorporated in. The policy content focus on the good corporate governance and international standard, proper conduct the Bank business with efficiency, integrity, absence of fraud and corruption, transparency and accountability to enhance confidence of shareholders, investors, stakeholders, society and all related parties. The corporate governance policy is posted on the Bank’s website https://www.ttbbank.com/en/about-us/corporate-governance-policy for information of the Bank’s employees and for public. The mentioned policy covers role of the Board of Directors as following. TMBThanachart Bank Public Company Limited 150
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