Page 26 - จรรยาบรรณและจริยธรรมทางธุรกิจ (Code of Conduct) (TH-EN)

Code of Conduct

3. Observance of Laws and Muang Thai Life Assurance’s Policies

The Company’s operation complies with laws and maintains good relations with government
officials. The Company has set a standard regarding compliance with laws and regulations as follows:

1) All employees must comply with laws, the Company’s rules and valuable traditions.

2) Breaches of laws, regulations, notification, the Company’s order are not justified by the

pursuit of profit.

3) Activities are not made acceptable merely by the practices of competitors or others in the

business. If a law or regulatory statute appears to no longer be relevant, or if competitors
are not abiding by it, the Company must nevertheless abide by it.

4) The Company realizes and respects human rights of every individual by treating everyone

equally without creating double standard of treatment. The Company supports and
promotes human rights as well as avoids any actions that violate human rights. Moreover,

we are aware of the importance of employees who are our valuable resource; we fairly treat
our employees according to labor laws and relevant regulations.

5) It is the Company’s wish that our regulators develop a relationship of confidence towards,

and trust in, us. To achieve this, MTL must deal with regulators in an open and cooperative
manner, keeping them informed of the Company’s business transparently which might

reasonably be expected to be disclosed to them. In addition, cooperation is provided to
other organizations with respect to all anti-corruption, anti-money laundering and

combating the financing of terrorism activities and proliferation of weapons of mass

destruction.

Corporate Secretariat Office Division I Muang Thai Life Assurance Public Company Limited 9