179 O N E R E P O R T 2 0 2 2 OVERVIEW BUSINESS OVERVIEW AND PERFORMANCE CORPORATE GOVERNANCE FINANCIAL INFORMATION SUSTAINABLE BUSINESS DEVELOPMENT Information Disclosure and Transparency Asia Aviation has put an importance on disclosing information that is accurate, complete, transparent, timely, and up to the standards set by the Stock Exchange of Thailand and the Securities and Exchange Commission. This financial reports, general information, and any other significant information that can affect the price of stocks and decision making of investors and stakeholders of Asia Aviation. In order for stakeholders of Asia Aviation to have an equal access to information, Asia Aviation is publishing its information through the Stock Exchange of Thailand and Asia Aviation’s website at www.aavplc.com. The Board of Directors is aware of the responsibility in preparing Asia Aviation’s financial reports and information presented to shareholders in annual reports, and in assuring the quality of the financial reports, including financial statements of Asia Aviation. Asia Aviation arranges to have the financial reports done according to the accounting standards and audited by reliable and independent auditors. Asia Aviation has established and adhered to appropriate accounting policies and made certain that financial reports of Asia Aviation are accurate, complete, and trustworthy, with important information being accessible. The Board of Directors also set up an Audit Committee to review the financial reports for their accuracy, completion, and reliability and to make sure information 02 562 5745-46 02 562 5705 taa_investorrelations@airasia.com www.aavplc.com is disclosed in an accurate, transparent and timely manner as regulated for listed companies. The Audit Committee also ensures effective internal control and that laws and regulations, as well as Asia Aviation’s regulations are adhered to. Moreover, the Committee looks into related party transactions or transactions with conflict of interest and consider the reasonableness and appropriateness before proposing to the Board of Directors of Asia Aviation for further approval. The Company has a policy to disclose important information to the public as follows: 1. Objectives and Articles of Association of the Company. 2. Financial and Non Financial reports in an accurate and timely manner. 3. Report on the responsibilities of the Board of Directors toward financial statements together with the Auditor’s report in the Annual Report (56-1 One Report). 4. Information on each Director, sub-committee member and Management and his/her roles and responsibilities and remuneration. 5. Information on the attendance of Directors and sub-committee members in Meetings. 6. Reports on the Interests of Directors, Management, and related persons. 7. Each Director and Management has a duty to report buy-sale the Company’s shares to Company Secretary at least one day before the trading day and disclose summary of shareholding reports at the Board of Director Meeting in quarterly. As for the activities to serve investors’ demand, the Company has set up the Investor Relations Unit delegated to handle and communicate significant business information of the Company with interested parties which include Company’s shareholders, investment analysts, general investors and other persons in the investment community. The Investor Relations Unit can be reached via the following channels:
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