Page 198 - One report AUCT2024_Eng

Attachment 6
Report of the Executive and Sustainable Development Committee
The Executive and Sustainable Development Committee consists of 5 executive directors who are Mr. Varunyoo Sila as Chairman, Mr. Thepthai Sila, Mr. Weidt Nuchjalearn, Mr. Sarawut Charuchinda, and Mr. Sutee Samathi. In 2024, the Executive and Sustainable Development Committee has arranged 23 meetings and directors attended all 23 meetings. A summary of the operational work is as follows:
1. Considered and Established Business Policies and Strategic Plans: The Committee considered and gave initial comments regarding the Company's business management policy and strategies and also considered the appropriateness of the business plan and the annual budget by continually monitoring the operational results and business trends on a monthly basis. Suggestions were also given for the benefit of the management of the Company. The Executive Committee operated in accordance with the strategy in order to support growth and increase long-term competitiveness.
2. Monitored and Followed up with the Company’s Performance: The Committee monitored and followed up with the Company’s performance of every department on a monthly basis so that it was in accordance with the plan assigned by the Board of Directors.
3. Considered and Gave Opinions Regarding Investments in Various Projects of the Company: The Committee considered and gave comments regarding investments for various Company projects by analyzing opportunities, obstacles, and determining risk management policies for financial activities or making investments in various projects of the Company. This included monitoring and making evaluations before proposing them to the Board of Directors to create opportunities for potential investments and provide sustainable returns such as the development of the head office areas and the development plan for Rangsit Branch areas, as well as the management of working capital for maximum returns.
4. Supervised Company Management: The Committee supervised the Company’s management so that it operated in accordance with the legal requirements and ethics were in accordance with good corporate governance principles to prevent any conflicts of interest and maximize the efficiency and effectiveness of the operations.
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Annual Registration Statement / Annual Report 2024
(Form 56-1 One Report)