SCOPE OF DUTIES AND RESPONSIBILITIES OF THE RISK MANAGEMENT COMMITTEE

1. Monitor and supervise the development and participate in the annual analysis of the strategies of the organization's risk managements.
2. Develop and screen the risk levels deemed acceptable by the organization and screen for the acceptable deviations of the risks.
3. Provide directions and monitoring methods to the head of risk management personnel.
4. Assess significant risks and report to the Company's Board of Directors.
5. Assess the Company's risk reports.
6. Review the risk management plans of Headquarters and the project that occurred compared with the plans every quarter.

COMPONENTS AND THE RECRUITMENT OF RISK MANAGEMENT COMMITTEE MEMBERS

The Risk Management Committee comprises of at least 5 members according to the Department consists of representatives from the followings: The Management, Financial and Accounting, Human Resource and Business Development, and Project Department and must be appointed by the Board of Directors. Thus, the directors shall elect one of its members to be Chairman of the risk management. The risk management committee has been appointed and a 2-year tenure. Ensuring the continuity work of the committee, the risk management committee who retired by rotation may be re-appointed.

RISK MANAGEMENT COMMITTEE REPORT

To Shareholder(s)

In 2024, the Company reviewed its existing business operating model with good and stable performance. To find opportunities to create more growth and study new businesses related to global warming reduction. Carbon reduction and businesses that support the growth of electric vehicles with a rapid growth trend. This is to create opportunities for the Company and its joint investors. We now know that the US presidential election Who will become president, which should have an effect on the new global economic changes this time and from the global economic crisis that still exists due to the conflict between Russia and Ukraine that has not yet ended. Conflicts in the Middle East, which are likely to become more severe, and even in Asia, may also have higher conflicts. The cost of living is rising. Household debt is increasing. The country's competitiveness has decreased, all of which have affected the domestic economy. In addition, political factors lack credibility. This means that it must be well prepared and planned so as not to affect or minimize the Company's business operations. However, in order to ensure the sustainable progress and growth of the Company, we continue to develop the organization, develop personnel, and introduce new technologies to enhance the Company's efficiency to increase business competitiveness and business expansion.

Risk management is a necessary and important role to build confidence and to achieve the goal in the Company. To reduce losses, create opportunities and increase competitiveness, by setting policies to the Company and its subsidiaries. It requires assessing both internal and external risk that will affect business operation. The Risk Management Committee has been appointed to be responsible for monitoring and supervising the policy. Promoting effective risk management effectively and establishing risk management as a priority mission for all departments. With the aim to make the risks acceptable against losing business opportunities.

In 2024, Risk Management Committee had four meetings in which the following resolutions could be summarized as follows:

1. Review of Risk Management Policy
   The Risk Management Committee has organized an annual review of the risk management policy for updates according to the situation and the company's current operating plan and presented to the Board of Directors for consideration and approval.
2. Risk Evaluation, Mitigation Measure, and Risk Management Plan for 2024
   The Risk Management Committee had assigned the responsible departments to consider the risk factors that might influence the business administration. The Committee also provided Mitigation Measure, Risk Management Plan and any other way to reduce the effects into an acceptable level. All departments of the Company and its subsidiaries have been arranged to present risk factors, hedging measures and risk management plan for the year 2024 performance to the Risk Management Committee for consideration and approval.
3. Follow up on Risk Mitigation Measure and Risk Management Plan
   The Risk Management Committee has closely monitored the risk management. The Risk Office is assigned to be responsible at the operational level to supervise and manage the risks of each department by arranging a joint meeting between the Risk Management Committee, Risk Office and departments involved in every quarter to follow up and evaluate the performance according to the Company's risk management plan and its subsidiaries as well as providing various recommendations to ensure effective risk management and achieve the goals set.
4. Risk Management Performance
   The Risk Management Committee has assigned the relevant departments to conduct an appropriate risk assessment covering strategic risk, operation risk that combines risks in personnel development management and quality control, financial risk, compliance risk, safety and environment risk, corruption risk, and emerging risk. Climate change risks, risks from uncontrollable external factors, such as political changes. Along with monitoring and evaluating the results to prevent and reduce the impact of such factors that have a negative impact on the company's image. The Company's organization and business operations are responsible for the Company's smooth business operations.

In 2024, the Risk Committee has focussed on the strategic risk management plan to create stability and sustainability in business operations, emphasizing the Company's potential, which has been widely recognized in the construction industry for quite a long time. This time, the Company has prepared a strategic plan for the Company's business by recognizing the potential of the personnel group that is the key to leading the business to be sustainable, as well as focusing on and monitoring new rules and regulations that arise to avoid affecting the Company, as well as developing a technology control system to keep up with the development of the world so that the Company can effectively manage risks in all dimensions.

From the above report, the Risk Management Committee performs its duties as assigned by the Board of Directors, and the Risk Management Committee monitors the success of risk management to ensure effective risk management and management. This will result in the achievement of the objectives. This leads to good corporate governance and adds sustainable value to the organization.

(Mr. Attawoot Papangkorn)
Chairman of the Risk Management Committee