Page 17 - Anual report STi 2022_eng

Report of the Risk Management Committee

In the year 2022, the Risk Management Committee held four meetings
and reported the meeting results to the Audit Committee and the Board of
Directors every time. The details of the meeting attendance of the directors

and the performance of duties in the year 2022 are summarized as follows:

1. Mr. Somchit Peumpremsuk Meeting Attendance
Chairman of the Risk 4/4 times
Management Committee

2. Mr. Kittisak Suphawat 4/4 times
Member of the Risk

Management Committee
3. Mr. Issarin Suwattano 4/4 times
Member of the Risk Mr. Somchit Peumpremsuk

Management Committee Chairman of the Risk Management Committee

Supervise departments of the Company and its Follow up on the implementation progress of the

subsidiaries to carry out analysis of potential risks, whether corporate risk management plan, advising on risk management
be business risks, financial risks, operational risks, external to the Risk Management Working Group quarterly.
factor risks, environmental, social, and governance risks, and Provide refresher training on corporate risk management

emerging risks regularly, including assessing potential impacts in line with the international standards for executives and
to prioritize and approve risk management plans at all levels employees who play an important role in communicating and

through the brainstorming and opinions from executives and enhancing knowledge and understanding of risk management
employees of different departments to keep the risks at an among the subordinators, including pushing to create a culture
acceptable level or reduce the likelihood of future risks, and of awareness of corporate risk management.

recommending guidelines for operational risk management,
providing measures to control and mitigate impacts to lead In addition, the Risk Management Committee has
to normal operations reviewed the charter and evaluated the performance for the
year 2022 so that the assessment results shall be applied to
Follow up and review the implementation of the improve the efficiency of the performance of duties.

established risk management plan as well as adjustment
during the quarter in line with the changing business environment In the year 2022, the Group has followed up and managed

to ensure that risk management is in line with risk control risks regularly. As a result, the Group can control the key
guidelines and corporate strategies, and risks that may affect risks of its divisions and subsidiaries to acceptable levels. No
society and the environment arising from the operations of significant factors or events that may have had a significant

the Company. impact on the Company were found.

Report risk management results to the Audit Committee
to be reviewed before submission to the Board of Directors

for acknowledgment quarterly.
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