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Anti-Corruption Policy

5.4 Political support

• The Company has a policy to have political neutrality by not performing any actions
to side with any parties or not supporting political parties, political alliance, political
authorities or political candidates with finance or resources of the Company either
directly or indirectly, locally, regionally or nationally.
• The Company has respect for political rights of employees as good citizens according

to the constitution. Moreover, it formulated guidelines for its employees where they
are prohibited from supplying political activities with facilities or resources of the
Company. Furthermore, all employees regardless of positions are prohibited from
ordering or convincing employees and subordinates through any methods to

participate any political activities.

5.5 Government officer recruitment

• Recruitment of government officers is based on appropriateness according to the
Company’s process by considering on preventing conflict of interest or corruption.
• For the recruitment of government officers, such officers must be no longer in such
status for a specific period before submitting applications to the Company.

5.6 Human resources management

The Company has taken steps to support the Anti-corruption Policy, starting from the process
of recruiting or selecting personnel who have no record of offense or being punished for
corruption to work with the Company, including promotion, performance evaluation and
compensation. In addition, the Company also provides training for employees regarding anti-

corruption measures by providing orientation to new employees and regularly testing the
employees to create knowledge, understanding and raise awareness about anti-corruption culture
in the organization.

5.7 Internal control management

The Company has set internal controls in order to check the preparation of financial reports,
accounting process, and storage of documents, financial evidence and other information as
planned and in accordance with laws and the Anti-Corruption Policy.

Internal Audit Division I Muang Thai Life Assurance Public Company Limited 12
(Internal Use Only)