Page 116 - annual report AUCT 2025_Eng

Business Operation and Operating Results Corporate Governance Financial Statements Attachments
● Contact with the Executives
The Board of Directors support the top executives to attend the meetings with the board for
present the information of their own area to the board meetings. The Board of Directors can get the
information and comments directly from the responsible executives while the executives have opportunity
to learn and understand the view point of the board.
Moreover, the Company sets up the meeting of the Executive and Sustainable Development
Committee at least once a month for follow-up, recommence, and share comments with executives.
In addition, during the meeting of the Board of Directors and the Executive and Sustainable
Development Committee, the chairman of each business line will be invited to attend the meeting to report
the work plan and budget once a year, so that the management will be informed of the Company’s business
directions from the Board of Directors.
● Producing of Stakeholding Report of Directors and Executives
The Company specified that all directors and executives must prepare the report to disclose
any interest they have or affect the Company to be used as fundamental information on supervision on
interest at the director and top management level. The company secretary will have duty to collect, keep
and submit a copy of report to the Chairman of the Board of Directors and the Chairman of Audit Committee
pursuant to Section 89/15 and Section 89/16 of the Securities and Exchange Act B.E. 2535 for inspection
and supervision on conflict of interest. In addition, the director and the executive are obligated to submit
the report every time when there is a change of information.
● Producing of Changes in Investment Holdings Report
For internal control, the Company requires that its directors and executives, including their
spouses and children under the legal age, when their investment holdings of Union Auction Public Co., Ltd.
change, must inform the Company, report the changes to the Securities Exchange Commission Thailand
and the Stock Exchange of Thailand (SET), as required by Clause 59 and of the Securities and Exchange
ACT B.E. 2535, within three (3) days starting from the date of buying, selling, or transferring, and be
responsible to report buying, selling, and holding of the Company’s shares during the following Board
Meeting. The Company Secretary would create a letter prohibiting directors or divisions with insider
information from disclosing the information to external personnel and inform the period of not trading the
Company’s shares at least 30 days, prior to financial statements being disclosed to the public, and waiting
for 24 hours after that, in order to prevent inappropriate use of insider information.
116
Annual Registration Statement / Annual Report 2025
(Form 56-1 One Report)