The Stock Exchange of Thailand issues and disseminates the best practices for listed companies with an aim to serving as the best guidelines for directors in listed companies and also demonstrating that the boards of directors have good management standards so as to build up confidence for shareholders, investors and all parties concerned.

     The Board of Directors of CH. Karnchang Public Company Limited realizes the significance and benefits of such practices, and therefore adheres to such guidelines in respect of the performance of the Board of Directors. The Board of Directors has been complying with such practices, namely, the performance of duties of the Audit Committee, which helps alleviating the Board of Directors’ burden in the business governance, particularly in respect of the internal control and audit systems in conjunction with the auditor and the internal auditor as well as review of financial statements and the relevant financial reports.