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Code of Conduct






                      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.


               12. Reporting Breaches



                     The Company shall treat seriously on any breaches or compromises of this Code of Conduct
               which  may  result  in  disciplinary  action  up  to  termination  of  employment.  Therefore,  any  failure

               or suspected lapse in compliance with the provisions of this Code of Conduct must be reported to
               supervisor immediately in accordance with complaint Whistle Blowing Policy.


                     Human Resources Management Department is responsible for monitoring compliance with
               this  Code  of Conduct,  and  maintaining  a  record  of  all  actions  related  to  or  might  be  related  to

               the Code of Conduct violations.


               13. Whistle-Blowing


                     The  Company  conducts  business  with  integrity,  transparency,  morality  and  good  corporate

               governance  principles.  The  Whistle-blowing  Policy  has  been  established  to  allow  stakeholders
               to report offenses or complaints with good faith through various channels. If the Company’s directors,

               executives,  employees,  agents,  brokers  and  staff  are  found  to  commit  offenses,  whether  they
               are corruption, violations against laws, rules, regulations, principles of business units, whistle-blowers

               can  inform  such  cases  or  make  complaints  through  the  specified  channels.  However,  names  of
               whistle-blowers shall be kept confidential and they shall be protected both during the investigation

               and after the process is completed.











            Corporate Sustainability Integration Department I Muang Thai Life Assurance Public Company Limited   17
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