Page 77 - Mono Technology Public Company Limited : Annual Report 2013

1. Audit Committee

As of December 31, 2013, the Audit Committee comprised three members and details of their meeting
attendances were as follows:

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

Mrs. Punnee Worawuthichongsathit Chairperson of Audit Committee 4/4

Mr. Preecha Leelasithorn Member of Audit Committee 3/4

Mr. Kriengsak Thiennukul Member of Audit Committee 4/4

The member of 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 the Audit Committee

1. To review the Company’s financial reports and ensure its accuracy and adequacy.

2. To review the Company’s internal control and internal audit systems and ensure that they are suitable

and effective.

3. To review and ensure the Company’s compliance with the law on securities and exchange, regulations
of SET and the laws relating to the Company’s business.

4. To consider, select and nominate an independent person for appointment as the Company’s auditor and
propose remuneration for such person, 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.

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