Page 207 - annual report AUCT 2025_Eng

Business Operation and Operating Results Corporate Governance Financial Statements Attachments
Attachments 6
4. Good Corporate Governance and Compliance with Relevant Laws and Regulations:
The Audit Committee considered and reviewed the management to ensure good corporate governance;
considered and reviewed scope, authority, duties and responsibilities of the Audit Committee, compliance
with the laws, including regulations, requirements relevant to the laws on security and exchange of Thailand
and other laws relevant to the Company’s business operations to ensure that they have been strictly
abided by.
5. Considered the Appointment of Auditors for 2025: The Audit Committee selected the
auditors of the Company by considering the qualifications, independence of the auditors, expertise,
experience, performance, and the scope of the inspection guidelines as well as not conflict to the
announcement of the Securities and Exchange Commission. The Audit Committee deemed it appropriate
to propose auditors from EY Office Limited to be the Company’s auditors for the year 2025 to the Board
of directors in order to be approved by the Shareholder’s Meeting.
6. The Company’s Anti-Corruption: The Audit Committee has considered and reviewed the
anti-corruption policy for appropriateness and conforming to relevant circumstances and laws as well as
for strengthening the effectiveness of internal control measures and reviewing the application for certification
of the Collective Action Coalition Against Corruption (CAC) project pursuant to self-assessment form together
with the support documents, which is currently under the process of review and consideration by the
committee of the CAC project.
In conclusion, in 2025, the Audit Committee has performed duties completely pursuant to its
scope of authority, duty and responsibility as per approved by the Board of Directors. The Company applied
knowledge, capability, prudence, carefulness, independence as well as provided constructive comments
and recommendations. The Audit Committee is of the opinion that the Company has prepared the financial
reports which contained essence and reliable information according to the financial reporting standards;
the related transactions which may have conflicts of interest have been adequate disclosed; corporate
governance process, risk management process and internal control processes were prudent, adequate,
and appropriate and laws and regulations relevant to the business operations have been complied with.
-Sauwanee Thairungroj-
(Assoc. Prof. Dr. Sauwanee Thairungroj)
Chairman of the Audit Committee
บริิษััท สหการประมููล จำำากัด (มหาชน)
Union Auction Public Company Limited
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