Panjawattana Plastic Public Company Limited

Panjawattana Plastic Public Company Limited Annual Report 2012agencies) or conflicts of interest in any other nature with the Company or its subsidiary and/orassociated companies. The Executive Committee has no authority to approve the said matter.Hence, the Committee must propose to the meeting of the Board of Directors and/orshareholders (as the case may be) for its approval, except the case of approving a normaltransaction under normal trade conditions in accordance with the notification of the CapitalMarket Supervisory Board and/or the SET, and/or other notifications of relevant agencies.Risk Management CommitteeAt the 8/2011 meeting of the Board of Directors on 18 August 2011, the meetingappointed five members of the Risk Management Committee:No. Name Position1. Assoc. Prof. Dr. Aekkachai Nittayakasetwat Chairman of Risk Management Committee2. Miss Charanya Sangsukdee Risk Management Committee Member3. Mr. Natthawut Khemayotin Risk Management Committee Member4. Mr. Satit Hemmondharop Risk Management Committee Member5. Mr. Pirun Hemmondharop Risk Management Committee MemberMrs. Prim Chaiyawat acts as Secretary to the Risk Management Committee.Term of officeThe Risk Management Committee shall report to the Board of Directors and havepower, duties and responsibilities as assigned by the Board.Scope of duties and responsibilities of the Risk Management Committee1. Defined risk management policy and risk management framework including thecompany’s overall risk management plan, risk management report covering thevarious risks affecting the company’s business and operations such as financial36