Page 53 - กฎบตรคณะกรรมการบรษท และคณะกรรมการชดยอย_ป 2565

Business relation mentioned in paragraph 1 include regular commercial
transactions, immovable property leasing, assets and service transaction or

the provider or receiver of financial assistance through loans, guarantee,

using properties as collaterals and the likes that lead to a situation where
the company or contractual party is obligated to repay the other party an

amount of 3% of the net tangible assets of the company or an amount of

20 million Baht or over, depending which is lower.

(5) Must not be or has never been an auditor of a company, parent company,

subsidiary, associate company, major shareholder or a controlling person or
has never been implied shareholder or a person with an authority to manage

an auditing firm in which the auditor of the company, parent company,
associate company, affiliated company, major shareholder or a controlling

person is working with, except where the terms of such positions have

expired for more than 2 years on the date of appointment.

(6) Must not be or has never been a person who provide professional service

including legal or financial service with a compensation of more than
2 million Baht per year for a company, parent company, subsidiary, associate

company, major shareholder or a controlling person or has never been
a significant shareholder or a person with an authority to manage or

a shareholder of such auditing firm, except where the terms of such

positions have expired for more than 2 years on the date of appointment.

(7) Must not be a member who is appointed as a proxy of other board member

of the company, major shareholder or shareholder related to the major
shareholder.

(8) Must not engage in a business with the same type of operation that
competes with a company or associate company or has never been implied

shareholder or an executive director, an employee, staff, a regularly paid

advisor or a person holding more than 1% of voting shares of other company
whose nature of operation is the same and competes with the operation of

the company and its subsidiary company.

สายงานสํานักเลขาZิกา องคNก บ ิษัท เมืองไทยป ะกันชีวิต จํากัด (มหาชน) 51
Corporate Secretariat Office Division, Muang Thai Life Assurance PCL.