PROSPECTUS THAI BEVERAGE PUBLIC COMPANY LIMITED ...

Part 2 Issuing CompanyThai Beverage Public Company Limitedmeeting of the Board of Directors of ThaiBev and/or the meeting of shareholders, as the case may be,for the approval, as stipulated in the articles of association of ThaiBev or Subsidiaries, or anyapplicable laws.9.2.3 Audit CommitteeAs of October 1, 2008, the Audit Committee consisted of four members as shown below.NamePosition1. Mr. Staporn Kavitanon Chairman of the Audit Committee2. Prof. Kanung Luchai Audit Committee Member3. Mr. Manu Leopairote Audit Committee Member4. Mr. Ng Tat Pun Audit Committee MemberNote:Mr. Somsak Saekuay is the secretary to the Audit Committee.Scope of authorities duties and responsibilities of the Audit Committee1. Ensure the correctness and reliability of the preparation process and informationdisclosure in the financial reports of ThaiBev and its Subsidiaries by ensuring coordinationbetween the internal and external auditors and management, both quarterlyand annually;2. Ensure that ThaiBev and its Subsidiaries have appropriate and effective internal auditsystems;3. Ensure that there is no conflict of interest by reviewing the connected transactionsmade between ThaiBev or its Subsidiaries and connected persons;4. Review and ensure that ThaiBev and its Subsidiaries comply with the securities andexchange laws, regulations of the SET and the SGX-ST, and the laws relating toThaiBev’s business;5. Evaluate and approve the scope of auditing and annual audit plan of the Office ofInternal Audit as well as any significant changes in the audit plan;6. Evaluate audit results and the recommendations made by external auditors and theOffice of Internal Audit and follow up the implementation of such recommendations;7. Propose the appointment of the external auditors of ThaiBev and its Subsidiaries andaudit fees to the Board of Directors for approval of the shareholders meeting;8. Review and ensure the independence of external auditors including other services,other than auditing, rendered by the auditors and relevant remuneration annually;9. At the end of financial year, prepare the Audit Committee report which will bedisclosed in ThaiBev’s annual report. The report must be signed by the chairman ofthe Audit Committee;10. Be able to invite the executive directors, executives or any related persons to provideuseful information, or to participate in meetings. The Audit Committee can also inviteany legal counsel, and external auditor or internal auditor to participate the AuditCommittee meeting;Part 2 Page 98