Page 95 - Mono Technology Public Company Limited : Annual Report 2014 EN

1. Audit Committee

As of December 31, 2014, the Audit Committee comprised three members and details of their meeting
attendances were as follows:

Number of Attendances/
Name Position
Number of Meetings (Time)

1. Mrs. Punnee Worawuthichongsathit Chairperson of Audit Committee 5/5

2. Mr. Preecha Leelasithorn Member of Audit Committee 5/5

3. Mr. Kriengsak Thiennukul Member of Audit Committee 5/5

The Audit Committee who has adequate expertise and experience to review creditability of
the financial statements is Mrs. Punnee Worawuthichongsathit and the Secretary to the Audit Committee is
Miss Suansri Suankul.

Term of Office

The Audit Committee serves a term of three years since the appointment date. The retiring members
of the Audit Committee shall be re-elected. In cases of vacancy for the member of Audit Committee due to

other reasons aside from retirement by rotation, the Board of Directors shall appoint those possessing complete
qualification to be the member of Audit Committee in order to replace the vacant position as specified by
the Board of Directors. The replacement member will serve only the remaining term of the Audit Committee

member whom he/she replaces.

Authority, Duties and Responsibilities of Audit Committee

1. To review the Companys financial reports and ensure its accuracy and adequacy.

2. To review the Companys internal control and internal audit systems and ensure that they are
suitable and effective.

3. To review and ensure the Companys compliance with the law on securities and exchange,

regulations of SET and the laws relating to the Companys business.

4. To consider, select, and nominate an independent person for appointment as the Companys
auditor and propose remuneration for such person, and for the termination of such appointment;
as well as to attend a non-management meeting with the auditor at least once a year.

5. To consider related party transactions or transactions that may lead to conflicts of interest and
ensure that they are in compliance with the laws and the regulations of SET and reasonable as
well as creating the highest benefit for the Company.

6. To prepare and disclose the Report of the Audit Committee in the Companys annual report.

This report must be signed by the Chairperson of the Audit Committee and must contain at least
the following information:

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