Page 390 - CRC_One Report 2021_EN

Business Overview and Performance Corporate Governance Financial Statements Enclosure

Responsibility of the Board of Directors

to the Financial Statements

The Board of Directors of Central Retail Corporation Public Company Limited (“the Company”) is responsible
for the consolidated financial statements of the Company and its subsidiaries as well as financial information as
presented in the annual report. The financial statements are prepared in conformity with Thai Financial Reporting
Standards (TFRSs) which are appropriately applied on a consistent basis. Conservation judgment and best estimate
are adopted in this preparation. In addition, all important information is adequately disclosed in the notes to financial
statements. The Board of Directors has set up and maintained an effective internal control to reasonably ensure
that all accounting records are accurate, complete and sufficient to secure its assets. Moreover, all possible weakness
could be found to prevent fraud or material unusual transactions. The Board of Directors has appointed the audit
committee which comprises independent directors, to control quality of financial report and internal control system.
The opinion of the audit committee on this matter has already been presented in the audit committee report.
The Board of Directors is of an opinion that internal control systems of the Company are in the satisfactory and
sufficient level to reasonably build the confidence in the reliability of the consolidated financial statements of the
Company and its subsidiaries as of 31 December 2021.

Prasarn Trairatvorakul Yol Phokasub

(Dr. Prasarn Trairatvorakul) (Mr. Yol Phokasub)
Chairman Director & Chief Executive Officer

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