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7. To approve engagement in non-financial juristic actions, provided that the amount does not exceed 1 million per case. 8. To approve modification, destruction and disposal of fixed assets and intangible assets which are no longer in use, damaged, lost, destroyed, deteriorated and out of date, provided that the book value does not exceed 1 million per case. 9. To approve modification, change of price and destruction of raw materials and/or remaining inventory which are deteriorated or out of date, provided that the book value does not exceed 1 million amount per case. 10. To report any proceeding under items 5, 6 ,7,8 and 9 to the Board of Directors and/or the Executive Board as appropriate at the next meeting. 11. To authorize and/or assign another individuals to perform certain tasks on behalf of the President. The above authority of the Managing Director cannot be exercised in the case where the Managing Director 12. is a stakeholder or has a conflict of interests in any manner with the company. 13. In case that there is a doubt or an uncertainty regarding the exercise of any of the above authority, the matter is to be presented to the Board of Directors for their consideration. 14. To engage in any other action as assigned by the Board of Directors and/or the Executive Board. Authority and Responsibilities of Other Key Executives 1. To ensure that the company operation is in compliance with policies, laws, objectives, company regulations, Executive Board resolutions, Board of Directors resolutions and shareholders meeting resolutions in a responsible, cautious and honest manner 2. To observe the good corporate governance principle established by the Board of Directors 3. To engage in other duties as assigned by the President, the Executive Board and the Board of Directors 4. Company Secretary The Board of Directors has appointed Ms. Sunee Thipudomluk the Secretary of the Board of Directors, as the Company Secretary, with authority and duties as follows.
1. To prepare and store the following documents: x List of company directors x Board of Directors meeting notice, Board of Directors meeting minutes, annual report, x Shareholders’ meeting notice and shareholders meeting minutes 2. To file the report of interests as informed by company directors or executives