Page 119 - Tata Steel One Report 2024-Eng-Ebook HY

Business Operation and Performance Driving Business Towards Sustainability
Corporate Governance Policy Financial Statements Attachments
insider information expected to be used by the Board of Directors and executives.
The Board of Directors and executives possess complete knowledge and understanding on the obligation in reporting the holding of the Company’s securities, held by their spouses, minors, and themselves. The Board of Directors and executives are also required to report on the change of the holding of the Company’s securities in compliance with the requirements and penal provisions of the Securities and Exchange Commission (SEC), the Stock Exchange of Thailand (SET), and the Capital Market Supervisory Board (CMSB).
In case where the Board of Directors and executives shall announce the possession and/or change of the holding of the Company’s securities, the Company Secretary would help summarize and collect the related information to be proposed to the Board of Directors’ meeting for acknowledgement of details, which shall also be disclosed in the Integrated Annual Report (Form 56-1 One Report).
Additionally, the Company has implemented adequate internal control measures to supervise the use of insider information complying with good corporate governance principles, while defining a policy to prohibit the use of insider information for personal gain (Abusive Self- Dealing), for instance, trading of insider information
(Insider Trading), requesting the Board of Directors, executives, and employees related to the financial information of the Company and its subsidiary to sign for acknowledgement of the violation of trading of securities specified below:
1. The above-mentioned persons are prohibited to trade Company’s securities within 2 (two) weeks prior to the disclosure of the Company’s quarterly financial statements and annual financial statements and within 24 (twenty-four) hours following the disclosure of the said financial statements to the SET (Blackout Period).
2. In case of being the non-disclosed significant information which may have a direct impact on the prices of the Company’s securities, the Board of Directors would prohibit the trading of the Company’s securities until the 24-hour period is due as such information has already been released to the public.
Directors and executives are required to notify the Board of Directors of the trading of the Company’s securities within a period of 1 (one) day prior to the actual trading date.
The report of direct and indirect securities holding of directors and managements including any changes during the year 2024-25 are as follows;
56-1 One Report 2024-25 117