Esso Thailand Public : Report on Names of Members and Scope of Work of the Audit Committee (revised)

No. ESSO/SET/017/63

F 24-1

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

The Board of Directors meeting of	Esso (Thailand) Public Company Limited
No.	6/2020	held on	September 3, 2020	resolved the meeting's resolutions in the
following manners:

• Renewal for the term of audit committee:

 Chairman of the audit committee

 Member of the audit committee

As follows:

1. Mr. Wattana Chantarasorn - Chairman of the Audit Committee
2. Ms. Prachit Hawat - Member of the Audit Committee
3. Mr. Buranawong Sowaprux - Member of the Audit Committee

,the renewal of which shall take an effect as of (date)	October 19, 2020
Appointment of the audit committee
 Chairman of the audit committee	 Member of the audit committee
As follows:

,the appointment of which shall take an effect as of (date)

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

	the determination/ change of which shall be effect
	The audit committee is consisted of:
1.	Chairman of the audit committee: Mr. Wattana Chantarasorn,	term in office 3 Years
2.	Member of the audit committee:	Miss Prachit Hawat,	term in office 3 Years
3.	Member of the audit committee:	Mr. Buranawong Sowaprux	term in office 1.6 Years

Secretary of the audit committee: Ms. Pachara Sungkhapan (Until September 30, 2020) andMr. Suwat Srikanapongse (Effective from October 1, 2020)

Enclosed hereto is - copies of the certificate and biography of the audit committee. The audit committee number(s) 2 has/have 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 Directors as follows:

1. To review the Company's financial reporting process to ensure accuracy and adequacy;
2. To ensure that the Company has a suitable and efficient internal control system and an internal audit system, 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 performance of the Company to ensure compliance with the securities and exchange law, regulations of the Exchange or laws relating to the business of the Company;

1. To consider, select, nominate and recommend remuneration of the Company's external auditors as well as to attend a non-management meeting with an external auditor at least once a year;
2. To review a connected transaction or transaction that may lead to conflict of interest so as to ensure that they are in compliance with the laws and the Exchange's regulations, and are reasonable and for the highest benefit of the Company;
3. To prepare a report on monitoring activities of the Audit Committee and disclose it in the annual report of the Company, and have such report signed by the chairman of the Audit Committee provided that it shall consist of at least the following information:
4. 1. an opinion on the reliability, completeness and creditability of the Company's financial report,
   2. an opinion on the adequacy on the Company's internal control system,
   3. an opinion on the Company's compliance with the laws on securities and exchange, the Exchange's regulations, and the laws relating to the Company's business,
   4. an opinion on the suitability of the nominated external auditors,
   5. an opinion on transactions that may lead to conflicts of interests, if any,
   6. the number of audit committee meetings, and the attendance at such meetings by each committee member,
   7. an opinion or general comment observed by the audit committee from its performance of duties in accordance with the charter, and
   8. other transactions, within the scope of duties and responsibilities assigned by the Company's board of directors, which, according to the audit committee's opinion, should be disclosed to the shareholders and general investors;
5. To perform any other task assigned by the board of directors and agreed by the Audit Committee;
6. To report to the Company's board of director for rectification within the period that the Audit Committee thinks fit if the Audit Committee found or suspected that there is a transaction or any of the following acts which may materially or significantly affect the Company's financial condition and operating results:
7. 1. a transaction which causes a conflict of interest;
   2. any fraud, irregularity, or material defect in an internal control system; or
   3. an infringement of the law on securities and exchange, the Exchange's regulations, or any law relating to the Company's business,
8. To review without delay upon receiving a written notification from the external auditor of the discovery of any suspicious circumstance that the director, manager or any person responsible for the Company commits an offence as prescribed by the relevant Securities and Exchange regulations and to report any finding confirming the suspicion of the external auditor, to the board of directors and to request the board of directors to disclose such finding to the Office of the Securities and Exchange Commission and/or the external auditor, or to the Office of the Securities and Exchange Commission and/or the external auditor as required by the Securities and Exchange Act within thirty days.

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 are in accordance with the principles prescribed by the Stock Exchange of Thailand

Signed			Authorized Director
	(Mr. Adisak Jangkamolkulchai)