Page 308 - THAILAND PRIVILEGE ANNUAL REPORT 2025

7.3 Performance of the Risk Management and Internal Control Subcommittee
The Risk Management and Internal Control Subcommittee carried out its duties in accordance with
the Action Plan for Fiscal Year 2025, successfully implementing activities in line with the established plans
and targets. The details of the meetings and key resolutions are summarized below:

Meeting Details of actions taken

Meeting No. 1/2025 - Acknowledged the amended appointment of the Risk Management and
11 December 2024 Internal Control Subcommittee (Fiscal Year 2024 revision)
- Acknowledged the results of the Company’s performance evaluation in the areas
of risk management and internal control for Fiscal Year 2024
- Considered and approved the Action Plan of the Risk Management and
Internal Control Subcommittee for Fiscal Year 2025
- Acknowledged the results of the implementation of the Risk Management Plan
for Fiscal Year 2025 for the period October-November 2024
- Acknowledged the Company’s Key Performance Indicators (KPIs) in the areas
of risk management and internal control for Fiscal Year 2025

Meeting No. 2/2025 - Acknowledged and provided recommendations on the Company’s risk
13 January 2025 management operations in accordance with the KPIs for Fiscal Year 2025
- Approved the results of the implementation of the Risk Management Plan for
Fiscal Year 2025, covering Quarter 1 (October-December 2024)
- Approved the Quarter 1 review of the Risk Management Plan
- Acknowledged the Annual Internal Control Assessment Report for Fiscal Year 2024

Meeting No. 3/2025 - Acknowledged and provided recommendations on the Company’s internal
5 February 2025 control operations in accordance with the KPIs for Fiscal Year 2025
- Approved the results of the implementation of the Internal Control Plan for Fiscal
Year 2025, covering Quarter 1 (October-December 2024)
- Approved the review of internal control processes for risk prevention
- Approved the review of the criteria for preparing the Internal Control Plan for
Fiscal Year 2026

Meeting No. 4/2025 - Approved the results of the implementation of the Internal Control Plan for Fiscal
17 April 2025 Year 2025, covering Quarter 2 (January-March 2025)
- Approved the review of the Company’s Internal Control Plan for Fiscal Year 2025
- Approved the review of the Company’s Internal Control Manual for Fiscal Year 2025
- Approved the results of the implementation of the Risk Management Plan for
Fiscal Year 2025, covering Quarter 2 (October 2024-March 2025)
- Approved the Quarter 2 review of the Risk Management Plan
- Approved the review of the Risk Appetite Level for Fiscal Year 2025

Meeting No. 5/2025 - Acknowledged the progress report on the Company’s Cybersecurity operations
30 June 2025 - Approved the results of the implementation of the Risk Management Plan for
Fiscal Year 2025, covering Quarter 3 (October 2024-June 2025)

Meeting No. 6/2025 - Approved the review of the Risk Management Manual (Fiscal Year 2026 edition)
15 August 2025 - Approved the Risk Management Plan for Fiscal Year 2026
- Approved the results of the implementation of the Internal Control Plan for
Fiscal Year 2025, covering Quarter 3 (April-June 2025)
- Approved the Internal Control Plan for Fiscal Year 2026
- Acknowledged the results of the implementation of the Risk Management Plan
for Fiscal Year 2025 through July 2025

306