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96 Super Turtle Public Company Limited4. Information and Communication%u2022 The Company has implemented an effective information system and communication channels that cater to the requirements of business operations and are accessible by relevant users. The disclosed information and memorandum must be prepared carefully and transparently with concise and in simple language, contain accurate and comprehensive contents so that both internal and external stakeholders will receive sufficient information in timely manner for decision-making purposes.%u2022 The Company has established a policy for theuse of inside information in compliance with a good corporate governance principle by prohibiting directors, executives and employees from utilising unpublished inside information for their personal gain.5. Monitoring Activities%u2022 The Company has clear procedures to monitor the implementation of the internal control system to achieve defined goals and objectives. Such procedures are regularly reviewed. The Internal Audit Department is responsible for auditing the performance pursuant to operating procedures and manuals of each department and directly reporting the audit results to the Audit Committee within the specified timeline. If significant deficiencies were identified, they shall be considered together with relevant department to establish an appropriate guideline and timeframe for correction.Internal Audit DepartmentThe Internal Audit Department is an independent unit within the Company and directly reports to the Audit Committee. The Internal Audit Department has responsibilities to examine and evaluate the sufficiency of the Company%u2019s internal control system both financial and non-financial information, including reviewing compliance with laws, regulations and internal policies and providing recommendations for the development and improvement of the Company%u2019s operations. The objective is to ensure that the Company strictly abides by the laws, regulations and internal policies, as well as retains good corporate governance and good internal control, and achieves the operational objectives of the organization.The Internal Audit Department prepares an annual audit plan and a long-term plan based on the principles for the assessment of risks that affect the business operations and cover the operational process of the organization. These plans are approved by the Audit Committee. The scope of work of the Internal Audit Department covers auditing, monitoring, controlling, examining, reviewing and assessing the sufficiency and the effectiveness of the Company%u2019s internal control system.The Internal Audit Department presents the audit report to the Audit Committee on a quarterly basis and regularly monitors the progress of the corrective actions as per recommendations in order to ensure that the internal control system is effective and efficient.The personnels of the Internal Audit Department are encouraged to develop their personal skills regularly by attending both internal and external training courses to enhance their knowledge and internal audit professional skills, as well as other skills necessary for perfoming their work.The appointment, removal and transfer of the head of internal audit must be approved by the Audit Committee.22.2 Related Party Transactions1. Measures and Procedures for Approval of Related Party Transactions The Board of Directors sets policies, measures and procedures for entering into related party transactions to ensure the transaction between the Company and person who may have conflict of interest is transparent and to protect the Company%u2019s benefit. The Company strictly complies with the securities and stock exchange laws, notifications of the Capital Market Supervisory Board and notifications of the Board of Governors of the Stock Exchange of Thailand concerning related transactions. Any interested director, executive or person in related party transactions are prohibited from participating in the approval process. In case where stipulated by laws to seek approval from shareholders and/or the Board of Directors (as the case may be), the Company would arrange the Audit Committee to provide opinion in terms of necessity and justification of such transactions. In the event that the Audit Committee does not have expertise in considering possible related party transactions, the Company shall engage an independent expert or the Company%u2019s auditor to provide opinion on such transactions so that the Audit Committee and/or the Board of Directors and/or shareholders (as the case may be) can use such opinion to support its decision-making. Introduction Nature of Business Business Performance Corporate Information Corporate Governance Financial Report Attachment