♦Committers and Management Structure♦ ♦Annual Report 2008♦ Scope of Power and Duties of the Management Committee 1. To set the Company’s goals, policies, operating plans and annual budget as proposed by the management prior to submitting to the Board of Directors for approval, including approval for amendment and addition of the Company’s annual operating budget in the amount not to exceed Baht 1 million, when there is no Board of Directors’ meeting to approve such matters before informing all directors in the next meeting: 2. The Company’s management that is responsible for conducting matters related to the Company’s operation must report the following matters to the Management Committee from time to time: 2.1 Audit report from the SEC 2.2 Audit report from the SET 2.3 Internal audit report 2.4 Quality control report of the Company 2.5 Performance report as related to the Company’s operating plan 3. To approve expenditures that are in excess of the amount that could be approved by authorized management. Such approval must be in line with the guidelines as set forth by the Board of Directors: 4. To approve major capital expenditures as specified in the Company’s annual budget, or that approved by the Board of Directors: 5. To approve opening of securities trading accounts and other transactions related to securities brokerage business. The Management Committee could sub-grant power to grantee, provided that such sub-granting is in line with the scope of power as authorised by the Board of Directors: 6. To approve in principal investment for business expansion and business venture with other firms and to inform such matters in the next Board of Directors’ meeting: 7. To provide advice to management in regards to financial, marketing, human resources management policies and other matters related to securities brokerage, securities underwriting, and investment banking businesses as well as new businesses: 8. To allocate allowances, benefits and compensations as approved by the Board of Directors to the Company’s employees and any other persons who work for the Company: 9. To approve change of conditions of credit or settle debtors’ obligations: 10. To approve acquisition of office equipment, land and land improvement in the amount exceeding Baht 500,000. Such approval must be in accordance with scope of power as designated by the Board of Directors: 11. To approve appointment, transferal and termination of employment of management-level employees:
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