Page 100 - MONO_AR_2016_EN

Remuneration of Auditor
In 2016, the Company and subsidiaries incurred audit fee for auditor from EY Office Limited and other audit firms overseas, with details as follows:
Audit fee 4,777,000 Non-audit fee 130,000
Type
Fee as of 2016 (Baht)
Total
4,907,000
Other Compliance with Corporate Governance Principle
Report on Compliance with Corporate Governance Policy
In 2016, details of the Company’s compliance with corporate governance policy established by the Board of Directors are as follows:
1. Rights of Shareholders and 2. Equitable Treatment of Shareholders
1. TheCompanyarrangedthe2016AnnualGeneralMeetingofShareholdersonApril27,2016.Thispracticeis regarded as the compliance with the regulations of SET and SEC as well as corporate governance policy. Also, the invitation to the annual shareholders’ meeting as well as attachment (as specified in the policy) was sent by registered mail at least 21 days prior to the meeting. All members of the Board of Directors participated in the shareholders’ meeting, with a quorum of shareholders attending.
2. TheCompanygivestheequalrightstoshareholderstoexpresstheiropinionsandraiseinquiriesbeforevotingand deciding resolution of each agenda. One share is equal to one vote. For the normal agenda, a resolution of the meeting shall be decided by a majority vote of the shareholders attending the Meeting and being entitled to vote.
3. TheCompanycompletelyandaccuratelyreporteditsperformancetoallshareholdersandminutesofthe2015 Annual General Meeting of Shareholders was also completely recorded.
4. The Company discloses information via the SET and SEC’s website as specified in the related regulations as well as via the Company’s website http://www.mono.co.th Information about corporate governance policy and code of conducts of directors and executives is disclosed in the “Corporate Governance” section. Also, the Company reported news and information and financial information in the “Investor Relations” section and provided a communication channel for retail investors to raise any inquiry via Email: ir@mono.co.th.
5. ThepolicyonthecontroloftheuseofinsideinformationcanbeviewedfromtheAnnualRegistrationStatement (56-1 form) No. 9.5 governing the control of the use of inside information. Also, the Company regularly sent a mail to prohibit the directors and executives to reveal the inside information which may significantly affect securities trading, especially before the disclosure of performance and financial position or other information that may result in any change in price of securities.
Assessed by Thai Investors Association, the Company’s 2016 AGM quality received 100 full score for three consecutive years. Assessment covers the overall AGM process (pre-, during- and post-meeting).
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