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Tycoons Worldwide Group (Thailand) Plc.

3 Role of Stakeholders

The Board of Directors values the right of stakeholders that they provide a mechanism to promote
cooperation between the company and its stakeholders along with customers, employees, suppliers,
shareholders, investors, creditors, the community the company operates in, society, the government,
competitors, external auditors, etc. based on business ethic and fair treatment policy for each and every
stakeholder that all information relevant stakeholders are disclosed in equality manner.

The company has a policy that through independent directors or audit committee, stakeholders can
communicate with the board any concerns about illegal or unethical practices, incorrect financial reporting,
insufficient internal control, etc. So that the investigation can carried out and reported to the Board of
Directors.

4 Disclosure and Transparency

The Board of Directors ensures that financial information that all information presented in the financial reports
is correct, in accordance with generally accepted accounting principles and standards, and has been
audited by an independent external auditor. The given information and other important information relevant
to the company operation in accurately, sufficiently and timely manner that reflects the actual status and
financial performance of the company that is audited and complies with the regulations of the Securities
and Exchange Commission (SEC) and the Stock Exchange of Thailand (SET).
The Board of Directors endeavors to comply strictly with the laws and regulations concerning the disclosure
of information. Nonetheless, the Board of Directors shall appoint investor relation officer to communicate
with shareholders and facilitate shareholders and analysts equally and disclose information on website in
both English and Thai.
The Board of Directors must disclose clearly the directors’ remuneration policies that correspond to the
contributions and responsibilities of each person and other companies of similar size in the same industry.
The directors’ remuneration must be approved by shareholders through shareholders’ meeting.
The Board of Directors contended that the executives` remuneration policy must be fair and attractive
enough for qualified people to take the position and perform at high standard

5 Responsibilities of the Board

5.1 Leadership and vision
The Board of Directors plays a role in setting the company’s goal, mission of the company , and budget,
and moreover oversees the company operation in response to its goal. The Board of Directors also makes
comments on the internal control and audit system along with manage the risk to maximize the company’s
profitability.

5.2 Risk management
The Board of Directors adopted a risk management system for all material and controllable risk which is
related to the company’s business objective, business strategy, finance, production and operation. Risk
management is carried out on the basis of probability that an identified risk may materialize and the likely
impact of it on the business may be presented. In response to that, clear preventive and mitigation
measures must be established and the systems to assess monitor and report on risks shall be set up.
Management of the company is responsible for regularly reporting to the Audit Committee and the Board
on its operation plans and performance.

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