INTEGRITY QUALITY SERVICE - Saha-Union Co., Ltd

SAHA-UNION
45
The Audit Committee who has the knowledge and experience in reviewing company financial statements is Mrs. Araya
Arunanondchai who has worked for the Price Waterhouse Audit Office and is a former senior executive of the Thai Farmers
Bank and Securities Companies.
The Company’s Audit Committee has scopes, duties and responsibilities as follows:
1. Review to ensure that the Company has an appropriate and effective internal control system.
2. Consider to approve the selection, review and proposal on the appointment of the external auditors; co-ordinate with
them on preparation of related financial reports; and review the Company’s financial reports to ensure their accuracy
and credibility.
3. Review the Company’s compliance with related laws and government requirements and supervise to prevent any
conflicts of interests.
4. Prepare Audit Committee’s corporate governance summary report which is to be signed by the Chairman of the Audit
Committee and published in the Company’s annual report to be sent to the related parties.
5. Make sure that the management has corrected the errors found and follow up the correction of the said errors.
6. Monitor and evaluate the work performances as the Audit Committee may deem significant.
7. Evaluate the work performances according to the Charter of the Audit Committee.
8. Carry out other missions assigned by the Board of Directors.
In 2011, the Audit Committee had 4 meettings, each of which was joined by all members in the Audit Committee.
3. THE NOMINATION AND REMUNERATION COMMITTEE
The Company has appointed directors with appropriate experiences and qualifications as members of the Nomination and
Remuneration Committee, as follows:
Name
Position
1. Mr. Sompop Amatayakul Chairman of the Nomination and Remuneration Committee
2. Mrs. Araya Arunanondchai Nomination and Remuneration Committee
3. Mr. Chutindhon Darakananda Nomination and Remuneration Committee
The scopes of duty and responsibility of the Nomination and Remuneration Committee are as follows:
1. Select and nominate the qualified individuals to be new Directors.
2. Establish the procedures for nomination of directors.
3. Consider the procedures of remuneration determination for directors.
4. Determine the amount of remunerations for directors by proposing for the consideration from the Board of Directors’
meeting.
The meeting with the topic of the Nomination and Remuneration Committee of 2011 has already been held once in December
2011.