Page 340 - CRC_One Report 2021_EN

Business Overview and Performance Corporate Governance Financial Statements Enclosure

and rules to ensure they are in line with changes in business, rules, regulations, and laws. Any acts which support
or involve in corruption will be punished as stipulated by the Company. Therefore, the Company imposes additional
practice guidelines on corruption involvement prevention as follows:

(1) The Company determines that the Board of Directors has duties and responsibilities of determining
and approving the anti-corruption policy while putting the efficient anticorruption support system
in place to ensure that the management recognizes the importance and practices as a corporate
culture. In addition, the Audit Committee shall have a duty and responsibility to review the Company.
Have adequate internal control and review the operation in accordance with the Anti-Corruption Policy.
To ensure that all employees and stakeholders comply with Anti-Corruption Policy regulations and review
the appropriateness of the system and measures to comply with the changes in the business regulations
and requirements of the law as well as reviewing the adequacy of the Company’s internal control and the
compliance with the anti-corruption policy, regulations, and relevant laws. The management shall also
set up systems and measures, promote, support, and oversee the compliance with the anti-corruption
policy of all employees and concerned parties as well as review the appropriateness of systems and
measures that are consistent with the changes in business, regulations, and legal requirements.

(2) The Company determines that the Internal Audit Department examines and reviews the performance
to comply with policies, practices, rules and regulations, and relevant laws. This is also to ensure that
the internal control system is properly and adequately put in place to prevent potential corruption risks
and is reported to the Audit Committee.

(3) The personnel of the Company and subsidiaries has duties to comply with the Anti-Corruption Policy
and Code of Conduct without being involved, whether directly or indirectly, in any corruption or breach
of the Code of Conduct.

(4) The Company will enable the directors and executives of subsidiaries and associates who was nominated
by the Company to hold such positions in subsidiaries or associates (as the case may be) to agree to
abide by the Company’s Anti-Corruption Policy.

Practice Guidelines for Preventing Involvement in Corruption

(1) The Company requires that personnel of the Company and subsidiaries perform tasks cautiously and be aware
of all forms of corruption. In case of any doubt that may cause legal impacts, they shall seek advice from
the Legal Department in writing. For other important matters, discretion shall be exercised by the management.

(2) The Company strives to create and maintain its organizational culture on zero-tolerance on corruption,
either it conducts with public or private sectors.

(3) Directors, executives and employees in every level should not neglect if they find any act involving corruption
with the Company. They must report to their supervisors or responsible person and co-operate in the verification
process as stipulated in the Whistleblower Policy or regulations of the Company. Moreover, compliant channels
for outsiders are arranged.

(4) The Company fairly treats and protects employees who refuse to be involved in corruption or inform the Company
about corruption. The Company will not demote, penalize or give negative impact to employees who refuse
to be involved in corruption although they make the Company lose business opportunity.

(5) Directors and executives in every level of the Company must show their honesty and be good role models in following

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