Page 338 - CRC_One Report 2021_EN

Business Overview and Performance Corporate Governance Financial Statements Enclosure

related employees one month prior to the release of the financial statements to the public. Changes in securities
holdings of directors and senior executives, including their spouses and minor children, are reported to the Board
of Directors every quarter.
Any act that violates the aforementioned regulations, the Company treats such action as a disciplinary offense to
the Company’s regulations, and considers the appropriate punishment case by case, ranging from verbal warning,
written warning, probation, as well as termination of employment.

In 2021, the Company did not receive any complaints concerning offenses or misconduct relating to the policy
committed by directors and executives.

(3) Anti-Corruption

The Company emphasizes the importance of Anti-Corruption, and is committed to conducting its business with
integrity under the framework of good corporate governance by adhering to the principles of good governance and
ethics in business operations, having responsibilities for the society, environment and stakeholders, and conducting
its business with transparency, fairness and accountability. The Company strives to become a member of the Thai
Private Sector Collective Action Against Corruption (CAC) within 2022.

In 2021, the Company has taken various actions as follows:

• On 25 March 2021 the Board of Directors declared the intention of participating in the Thai Private Sector
Collective Action Against Corruption (CAC) project, and the Company’s declaration of intention was signed by
the Chief Executive Officer and was circulated to all directors, executives and employees thoroughly. In addition,
Mr. Kulvej Jenwattanawit, Managing Director to Thai Institute of Directors Association (IOD), Secretary of Thai
Private Sector Collective Action Against Corruption (CAC) was invited by the Company to give a lecture on
the subject of corruption in Thailand and the implementation of the Thai Private Sector Collective Action Coalition
Against Corruption (CAC) project. Mr. Kasiti Ketsuriyonk, Partner of Deloitte Touche Tohmatsu Auditor, provided
a lecture on the implementation plan to obtain the certification from the CAC, the self-assessment including
possible problems and obstacles during the project implementation for the Board of Directors, executives, and
related committees.

• On 13 May 2021, the Board of Directors approved the anti-corruption policy in alignment with the Thai Private
Sector Collective Action against Corruption. The Board also gave an approval to the revised edition of anti-
corruption policy on 11 November 2021.

• The Company has concluded the performance on anti-corruption of the Company’s business operations and its
subsidiaries, for example identifying business risks possibly related to the corruption, preventing the possible risks,
communicating and providing trainings within the organization, reviewing the whole process with the details as
follows

• The Company has established the policy and procedure for anti-corruption. The Board has assigned the Audit
Committee to supervise the internal control system. The executives are responsible for raising awareness,
communicating and working honestly with all employees, and following the Company’s business procedure
for anti-corruption.

• The Company organized the trainings on the anti-corruption topics for its employees.

- On 16 November 2020: IOD’s CRC training for Enterprise Risk employees of CRC and its subsidiaries
- On 19 February 2021: IOD’s ELP training for 3 Board of Directors

338 Annual Report 2021 (Form 56-1 One-Report)