Page 32 - จรรยาบรรณและจริยธรรมทางธุรกิจ (Code of Conduct) (TH-EN)

Code of Conduct

10. Gifts and Benefits

The Company’s policy on gifts, entertainment, and gratuities is designed to preserve
and maintain the Company’s reputation as a leading company that acts with integrity and bases

decisions only on legitimate business considerations. Other than as described below, gifts e.g.
sponsorships welcoming service entertainment reward and change, or other gratuities shall not be

received or solicited from people with whom we do business; as well as prohibition on payment of
hospitality expense or other expenses, doing so would compromise or give the appearance of
compromising, our position on any business decision taken by, or on behalf of the Company.

In the event that an outsider offers gift or benefit which must be approved by a supervisor,
but being under the circumstances where refusal is difficult, e.g. during meetings with customers,

the employees may accept the gift or benefit under the conditions that they must follow the
procedures specified by the Company.

The acceptance or offer of gift or benefit to induce the recipient to enter into an arrangement

that will result in a conflict of duties liable for customers is strictly prohibited.

11. Political Contributions and Activities

The Company has the political neutrality policy that the Company will not provide any of its
resources including but not limited to property, money, materials, or other benefits to assist or

support, or for any other benefits to political parties, politicians, or politics-related persons as well as
supporting political activities, whether directly or indirectly. However, the Company has respected
the political rights of employees as good citizens under the constitution by stipulating guidelines for

the employees to participate in politics as follows:

1) The Company does not permit employees to use the Company’s facilities or resources
for political campaigning, fundraising, or for the purpose of one political party.

2) The Company prohibits all management and employees from directing or persuading
by any means, employees and subordinates to participate in any type of political activity.

3) Unless such support is permitted by law and advocates democracy in general.

A decision made by employees to participate in political matters by contributing their personal
time after normal working hours, or other personal funds and assets to a political campaign or activity

shall be deemed as the employee’s own discretion.

Corporate Secretariat Office Division I Muang Thai Life Assurance Public Company Limited 15