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2. The Executive Committee shall have duties and responsibilities on the following

matters:
(1) Raw land procurement for the implementation of the industrial estate business

(2) Acquisition of assets (excluding raw land in No.1) worth not more than THB 10 million for use of the Company.
(3) Registration of transferring, leasing, mortgaging and subdividing of land title deeds, application for licenses,
permits, and other official amendments etc. with the authorities concerned in relation to operation of the Company’s
business.

(4) Opening new bank accounts, making money deposits with financial institutes other than existing banks/
financial institutes on regular transactions, securing new loans, giving loans to third parties.
(5) Providing loan guarantees for subsidiary companies at a total limit of THB 500 million.

(6) Securing a new loan of up to THB 500 million per time to be used for business operation of the Company.

3. Term

The Executive Committee who is also the Board of Directors will hold the office the same term of the Board
of Directors, except the Board of Directors have other resolution.

The output (achievement) of the Executive Committee in 2020

• Approval of new land purchase

• Approval of the transition of Company’s lease land ownership and the separation of land title deed at
the province’s land office

The Audit Committee

1. The structure of the Audit Committee

• The Audit Committee members shall be appointed by AMATA’s Board of Directors and shall comprises
of not less than 3 members where one of the Directors in the Committee will be elected as the Chairman
of the Audit Committee by its members; and

• The Audit Committee members shall be an Independent Director and fully qualified in accordance with
Securities and Exchange Commission’s (SEC) requirements furthermore at least 1 member of the Committee
should have complete understanding and appropriate experience in accountancy and/or finance.

As of December 31, 2020, the Audit Committee consists of three Directors.

Name Position Type of Director

1. Mr. Anucha Sihanatkathakul Chairman of the Audit Committee Independent Director

2. Mr. Noppun Muangkote Member of the Audit Committee Independent Director

3. Assoc. Prof. Dr. Somchet Thinapong Member of the Audit Committee Independent Director

112 56-1 One Report 2020