Page 87 - One report AUCT2024_Eng

Part 2
Corporate Governance
5. Executive and Sustainable Development Committee consists of
5 persons as follows:
1) Mr. Varunyoo Sila
2) Mr. Thepthai Sila
3) Mr. Weidt Nuchjalearn
4) Mr. Sarawut Charuchinda 5) Mr. Sutee Samathi
Chairman Member Member Member Member
Scope of duties and responsibilities of the Executive and Sustainable Development Committee
1. Identify the strategy, policy, financial objective, business plan, budget, human resource development and executive power for Board of Directors’ approval.
2. Follow up and review the operations, plans, budget, and human resource development to ensure the efficiency and the alignment with the policy and plan.
3. Identify the standard business administration system, human resource development system, financial system, information system and corporate structure.
4. Provide the policy, advice and suggestion to Chief Executive Officer or Managing Director for the important decision making issues.
5. Define the Company’s sustainable business development policy including other policies and the relevant management systems to enhance competitiveness and to make sure that the Company’s development will grow simultaneously with the corporate social and environmental responsibility.
6. Supervise performance, give advice and suggestion on the operations with regards to economic, social, and environmental dimensions for sustainable business operations in the long term.
7. Consider the sustainable development workplan in accordance with the Company’s business strategic plan including drive the operations pursuant to the sustainable development workplan.
8. Screen, support and manage the risks of the Company as follows:
- Support the risk management policy to ensure it is implemented all over the company. - Manage the risk according to the policy, framework, strategies, and plans as assigned
by the Corporate Governance and Risk Management Committee.
- Manage the significant risks and report to the Corporate Governance and Risk
Management Committee.
9. Review the meeting agenda before proposing to the Board of Directors.
10. Assess and approve business transactions in compliance with their limited authority.
11. Study the feasibility of all projects to be applied in sustainable business development.
12. Have authority to approve the investment in fixed assets, loaning or other investment,
borrowing or applying for credits from financial institutions. Have authority to approve the budget as assigned by the Board of Directors. The scope of approval includes the advanced budget or expenses, contingent liabilities/ aval/ guarantee, the working plan/ budgeting/ procurement of products and services for sales promotion, and the procurement and maintenance of assets in the amount as authorized by the Board of Directors.
บริษัท สหการประมูล จากัด (มหาชน)
87
Union Auction Public Company Limited