NAMES AND SCOPE OF PERFORMANCE OF THE AUDIT COMMITTEE
18 พฤศจิกายน 2542
Translation
F 24-1
Form for Report on Names of Members and Scope of Performance
of the Audit Committee
The Board of Directors meeting of Siam Makro Public Company Limited
No. 5/1999 held on 16 November 1999 passed a resolution appointing
the Audit Committee with the following details:
1. Name of Members of the Audit Committee are as follows:
Chairman of the Audit Committee Mr. Athaporn Khaimarn
Member of the Audit Committee Mr. Chavalit Uttasart
Member of the Audit Committee Mr. James Stent
Secretary to the Audit Committee Mrs. Suchada Ithijarukul
Certificates and Resumes of 3 members of the Audit Committee are
attached hereto.
2. The Audit Committee of the Company has the scope of duties and
responsibilities, and shall report to The Company's Board of
Directors as follows:
1. To review the Company's financial reporting process to ensure
accuracy and adequacy;
2. To ensure that the Company has suitable and efficient internal
control system and internal audit;
3. To review the performance of the Company to ensure compliance
with the securities and exchange law, regulations of the SET or
laws relating to business of the Company;
4. To consider, select, nominate and recommend remuneration of the
Company's external auditor;
5. To review the disclosure of information of the Company in case of
connected transaction or transaction that may lead to conflict of
interest to ensure the accuracy and completeness;
6. To prepare a report on monitoring activities of the Audit
Committee and disclose it in an annual report of the Company, and
have such report signed by the chairman of the Audit Committee ; and
7. To perform any other act as assigned by the Board of Directors
with approval of the Audit Committee.
3. Terms for holding office:
3.1 Chairman of the Audit Committee be effective as from 16 November
1999 and be expired on the date of the 9th Annual General Meeting
of Shareholders to be held in the year 2002.
3.2 Members of the Audit Committee be effective as from 16 November
1999 and be expired on the date of the 9th Annual General Meeting
of Shareholders to be held in the year 2002.
The Company hereby certifies that the aforementioned members meet all
the qualifications prescribed by the Stock Exchange of Thailand.
Signed Director
(Mr. Arnold Maria Leo Tobac)
Signed Director
(Mrs. Suchada Ithijarukul)