Sri Trang Agro Industry Public : Appointment the directors to be the member in the Audit Committee, Nomination Committee and Remuneration Committee

26 April 2022

Re: Appointment the directors to be the member in the Audit Committee, Nomination Committee and Remuneration Committee

To: President

The Stock Exchange of Thailand / The Singapore Exchange

EnclosedForm to Report on Names of Members and Scope of Work of the Audit Committee (F24-1)

The Board of Directors' Meeting No. 3/2022 of Sri Trang Agro-Industry Public Company Limited (the "Company"), held on 26 April 2022, has resolved the significant resolutions which can be summarized as follows:

• 1. Approved the appointment of the Chairman of Audit Committee and Audit Committee Member. To be effective as of April 26, 2022 onward, as details below;

  • 1. Ms. Anusra Chittmittrapap, currently as the Audit Committee Member, to be the Chairman of the Audit Committee

  • 2. Gen Thanasorn Pongarna, currently as an independent director, to be the Audit Committee Member

  • 3. Ms. Nongram Laohaareedilok, currently as an independent director, to be the Audit Committee Member

• 2. Approved the appointment of the Chairman of Nomination Committee and Nomination Committee Member. To be effective as of April 26, 2022 onward, as details below;

  • 1. Gen Thanasorn Pongarna, currently as an independent director, to be the Chairman of Nomination Committee

  • 2. Ms. Nongram Laohaareedilok, currently as an independent director, to be the Nomination Committee Member

• 3. Approved the appointment of the Chairman of Remuneration Committee and Remuneration Committee Member. To be effective as of April 26, 2022 onward, as details below;

  • 1. Ms. Anusra Chittmittrapap, currently as the Remuneration Committee Member, to be the Chairman of the Remuneration Committee

  • 2. Gen Thanasorn Pongarna, currently as an independent director, to be the Remuneration Committee Member

  • 3. Ms. Nongram Laohaareedilok, currently as an independent director, to be the Remuneration Committee Member

In sum, the list of Audit Committee, Nomination Committee and Remuneration Committee as of April 26, 2022 as follows:

1. Audit Committee

	Ms. Anusra Chittmittrapap	to be the Chairman of the Audit Committee
	Gen Thanasorn Pongarna	to be the Audit Committee Member
	Ms. Nongram Laohaareedilok	to be the Audit Committee Member

• 2. Nomination Committee

  •  Gen Thanasorn Pongarnato be the Chairman of the Nomination Committee

  •  Ms. Nongram Laohaareedilok to be the Nomination Committee Member

  •  Mr. Kitichai Sincharoenkul

• 3. Remuneration Committee

  •  Ms. Anusra Chittmittrapap

  •  Gen Thanasorn Pongarnato be the Nomination Committee Memberto be the Chairman of the Remuneration Committee to be the Remuneration Committee Member

•  Ms. Nongram Laohaareedilok to be the Remuneration Committee MemberIn this regard, the Company has enclosed the Form to Report on Names of Members and Scope of Work of the Audit Committee (F24-1)

Please be informed accordingly.

Yours faithfully,

(Mr. Kitichai Sincharoenkul) Director

F 24-1

Form to Report on Names of Members and Scope of Work of the Audit Committee

The Board of Directors' meeting of Sri Trang Agro-Industry Public Company Limited No. 3/2022 held on April 26, 2022 resolved the meeting's resolutions in the following manners:

 Appointment of the audit committee/Renewal for the term of audit committee:

 Chairman of the audit committee  Member of the audit committee

As follows:

• (1) Ms. Anusra Chittmittrapap

• (2) Gen Thanasorn Pongarna

• (3) Ms. Nongram Laohaareedilok

the appointment/renewal of which shall take an effect as of April 26, 2022

 Determination/Change in the scope of duties and responsibilities of the audit committee with the following details: …………………………………………………………………………………………………

The audit committee is consisted of:

1. Chairman of the audit committee Ms. Anusra Chittmittrapap remaining term in office 1 years 8 months

2.	Member of the audit committee	Gen. Thanasorn Pongarna	remaining term in office 1 years
8 months
3.	Member of the audit committee

Ms. Nongram Laohaareedilok remaining term in office 1 years 8 months

Secretary of the audit committee Mr. Wittawas Grungtanmuang

Enclosed hereto are 3 copies of the certificate and biography of the audit committee. The audit committee number(s) 3 has adequate expertise and experience to review creditability of the financial reports.

The Audit Committee of the Company has the scope of duties and responsibilities to the Board of Director on the following matters:

Scope of Duties of the Audit Committee

• 1. To review the company and its subsidiaries financial reporting is accurate, reliable and adequate in accordance with financial reporting standards by coordinating with external auditors and executives responsible for preparing financial reports. The Audit Committee may suggest that the auditors review or examine any items that are considered important and necessary during the audit.

• 2. To review the Company and its subsidiaries to have internal control system and internal audit system to ensure that they are suitable and efficient, to determine an internal audit unit's independence, as well as to approve the appointment, transfer and dismissal of the chief of an internal audit unit or any other unit in charge of an internal audit;

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

• 4. To consider the election, the nomination and the removal of persons with independence, reliability, acceptable qualification and are auditors approved by SEC to act as an auditor of the Company and to determine the remuneration of such person as well as to attend a non-management meeting with an auditor at least once a year;

• 5. To review the connected transactions, interested person transactions or the transactions that may lead to conflicts of interest, to ensure that they are in compliance with the laws and the regulations of the SET, and are reasonable and in the best interests of the Company;

• 6. To prepare, and to disclose in the Company's annual report, an Audit Committee's report which must be signed by the Chairman of the Audit Committee and consist of at least the following information:

  • (a) an opinion on the accuracy, completeness and credibility of the company's financial report;

  • (b) an opinion on the adequacy of the company's internal control system;

  • (c) an opinion on the compliance with the law on securities and exchange, the regulations of the SET, or the laws relating to the company's business;

  • (d) an opinion on the suitability of an auditor of the Company;

  • (e) an opinion on the transactions that may lead to conflicts of interests;

  • (f) the number of the Audit Committee meetings, and the attendance at such meetings by each committee member;

  • (g) an opinion or overview of comments received by the Audit Committee from its performance of duties in accordance with the charter; and

  • (h) other transactions which, according to the Audit Committee's opinion, should be known to the shareholders and general investors, within the scope of duties and responsibilities assigned by the Company's board of directors;

• 7. To commission and review the findings of significant internal investigations and/or consult with the auditor in relation to such findings and report the findings to the Board of Directors of the Company in the event that there is any suspected fraud or irregularity or infringement of any law or regulations of Thailand, the rules of the SET, or other relevant regulations which has or is likely to have a material impact on the results of operations and/or financial position of the Company;

• 8. To review and approve the Internal Audit charter. And is reviewed for suitability at least once a year.

• 9. To review the audit plans, scope of work and results of audits compiled by internal and external auditors;

• 10. To review the co-operation given by officers to the external auditors;

• 11. To review the risk management system to ensure that it is concise, appropriate and efficient. To ensure that there is an appropriate and adequate control system against potential fraud risks.

• 12. To review the compliance with the anti-corruption policy.

• 13. To report the results of the internal audit of the Audit Committee to the Board of Directors at least once per quarter.

• 14. To Evaluate the performance of the Audit Committee at least once a year.

• 15. To perform any other act as delegated by the Board of Directors and approved by the Audit Committee.

The Company hereby certifies that

• 1. The qualifications of the aforementioned members meet all the requirements of the Stock Exchange of Thailand; and

• 2. The scope of duties and responsibilities of the audit committee as stated above meet all the requirements of the Stock Exchange of Thailand.

Signature ............................................................ Director

( Mr. Veerasith Sinchareonkul)

Signature ............................................................ Director

( Mr. Kitichai Sincharoenkul )