annualreport2016

Sub-committee for Legal Affairs (Continued) Position Held Appointed Date No. of Session Meeting Feb 25, 2015– Attended Allowances (Baht) Name/Agency Sep 30, 2016 14. Mr.Thanarat Yotvimol Member 7/7 - Head of Disciplinary Section Acting Member Feb 25, 2015– 6/7 - Director of Legal Affairs Division and Secretary Sep 30, 2016 15. Miss Somrattana Kitvilairattana Head of Administration Litigation Section Secretary Feb 25, 2015– 5/7 - 16. Miss Wanaporn Suksaenkasem Assistant Sep 30, 2016 Head of Arbitration Section Secretary 17. Miss Jiratti Lawchai Assistant Feb 25, 2015– 4/7 - Head of Contract Section Sep 30, 2016 Source : Litigation Division, Legal Department as of September 30, 2016 Authorities and Duties The sub-committee is authorized to give suggestions or legal comments to the Board of Directors and perform other duties as assigned by the Board of Directors. Sub-committee for Screening the Governor’s Action Plan and Assessment of the Governor’s Performance Name/Agency Position Held Appointed Date No. of Session Meeting Attended Allowances (Baht) 1. Mr. Chanvit Amatamatuchatri Chairperson Aug 19, 2014– 5/5 62,500 Deputy Secretary General National Sep 30, 2016 Economic and Social Development Feb 25, 2015– Board Office of the National Economic Sep 30, 2016 and Social Development Board Dec 2, 2015– Sep 30, 2016 2. Air Chief Marshal Yutthana Sukumolchan Member 4/5 30,000 Retired Government Official Aug 19, 2014– 5/5 50,000 Sep 30, 2016 3. Miss Banthornchome Kaewsa-ard Member Feb 25, 2015– Fiscal Policy Advisor (Mr. Narin Kalayanamit’s Sep 30, 2016 replacement by Board Feb 25, 2015– Fiscal Policy Office Sep 30, 2016 Ministry of Finance of Directors’ order No. 38/2015 dated Dec 2, 2015) 4. Asst. Prof. Waressara Weerawat Member 3/5 30,000 Professor, Department of Industrial 4/5 12,000 Engineering, Mahidol University 5/5 15,000 5. General Chawalit Chunprasan Member 6. Colonel Suranart Sabairup Member 49Annual Report 2016

Sub-committee for Screening the Governor’s Action Plan and Assessment of the Governor’s Performance (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Attended Allowances (Baht) 7. Mr. Narong Gieddech Deputy Governor for Administration Secretary Aug 19, 2014– 1/1 - 8. Mrs. Uravadee Jusri Secretary Jan 12, 2016 Deputy Governor for Administration Secretary Assistant Jan 14, 2016– 4/4 - 9. Mr. Somporn Somabot Sep 30, 2016 Director of General Administration Aug 19, 2014– 2/2 - Mar 10, 2016 Department 10. Miss Pawinee Sirayootyothin Secretary Assistant Mar 10, 2016– 2/3 - Director General Administration Sep 30, 2016 Department Source: Personnel Division, General Administration Department as of September 30, 2016 Authorities and Duties The sub-committee is authorized to screen the Governor’s action plan, set the assessment criteria of the Governor’s performance, evaluate such performance in conformity with the employment contract dated November 8, 2011 and perform other duties as assigned by the Board of Directors, then, report the result to the Board of Directors for further consideration. Recruitment Committee for the Governor Name/Agency Position Held Appointed Date No. of Session Meeting Attended Allowances (Baht) 1. Air Chief Marshal Yutthana Sukumolchan Chairperson Jul 20, 2015– 2 (Aug 3, 2015 and 25,000 Retired Government Official Member Sep 30, 2016 Oct 6, 2015) 2. Mr. Narin Kalayanamit Member Inspector-General, Office of the Permanent Member Jul 20, 2015– 2 (Aug 3, 2015 and 20,000 Sep 30, 2016 Oct 6, 2015) Secretary, Ministry of Finance Member 3. Asst. Prof. Waressara Weerawat Jul 20, 2015– 3 (Aug 3, 2015, 30,000 Professor, Department of Industrial Sep 30, 2016 Sep 16, 2015 and 30,000 Jul 20, 2015– Engineering, Mahidol University Sep 30, 2016 Oct 6, 2015) 4. Mr. Plakorn Wanglee 3 (Aug 3, 2015, Senior Executive Vice President Head of Sep 16, 2015 and Oct 6, 2015) Origination and Client Coverage Standard Chartered Bank (Thai) Public Company Limited Jul 20, 2015– 3 (Aug 3, 2015, 9,000 5. General Chawalit Chunprasan Sep 30, 2016 Sep 16, 2015 and Oct 6, 2015) 50 Annual Report 2016

Recruitment Committee for the Governor (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Attended Allowances (Baht) 6. Mr. Somporn Somabot Director of General Administration Secretary Jul 20, 2015– 3 (Aug 3, 2015, - Sep 30, 2016 Sep 16, 2015 and Department 7. Miss Pawinee Sirayootyothin Oct 6, 2015) Director of Personnel Division, General Secretary Jul 20, 2015– 3 (Aug 3, 2015, - Administration Department Assistant Sep 30, 2016 Sep 16, 2015 and Oct 6, 2015) Source: Personnel Division, General Administration Department as of September 30, 2016 Authorities and Duties The committee is authorized to undertake the selection process and ensure that the chosen candidate possesses required knowledge, capability, experiences to be the EXAT’s Governor before proposing to the Board of Directors for further review and appointment. The Governor shall be qualified and not contain disqualifications as prescribed in the Standard Qualifications for the State Enterprise Board Members and Staff Act B.E. 2518 (1975) as well as its amendments including (No. 4) B.E. 2543 (2000), (No. 5) B.E. 2550 (2007), (No. 6) B.E. 2550 (2007), and (No. 7) B.E. 2558 (2015), the Expressway Authority of Thailand Act B.E. 2550 (2007), the Ministry of Finance’s Letter No. Ko Kho 0803.2/Wo. 90 dated August 21, 2008 regarding re-establishing an understanding about the selection process and guidelines of the state enterprise’s executive in compliance with the Standard Qualifications for the State Enterprise Board Members and Staff Act (No. 6) B.E. 2550 (2007). S ub-committee for the Governor’s Remuneration Consideration Name/Agency Position Held Appointed Date No. of Session Meeting Attended Allowances (Baht) 1. Mr. Chanvit Amatamatuchatri Chairperson Board of Directors’ 1/1 12,500 Deputy Secretary General National Member order No. 36/2015 Member dated Nov 3, 2015) 1/1 10,000 Economic and Social Development 1/1 3,000 Board Office of the National Economic Board of Directors’ and Social Development Board order No. 36/2015 2. Miss Banthornchome Kaewsa-ard dated Nov 3, 2015) Fiscal Policy Advisor Board of Directors’ Fiscal Policy Office order No. 36/2015 Ministry of Finance dated Nov 3, 2015) 3. Mr. Poomsak Aranyakasemsuk Member representing State Enterprise Policy Office 51Annual Report 2016

Sub-committee for the Governor’s Remuneration Consideration (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Member and Attended Allowances (Baht) 4. Mr. Somporn Somabot Director of General Administration Secretary Board of Directors’ 1/1 - order No. 36/2015 Department dated Nov 3, 2015) Source: Personnel Division, General Administration Department as of September 30, 2016 Authorities and Duties The sub-committee is authorized to review, determine and negotiate remuneration with the individual nominated to hold the position of Governor of the Expressway Authority of Thailand in compliance with criteria and guidelines for remuneration of the state enterprise top executive under the employment contract, cabinet resolutions dated June 13, 2000 and June 22, 2004 as well as the Ministry of Finance’s Letter No. Ko Kho.0803.2/Wo.90 dated August 21, 2008. In addition, the sub-committee shall propose the result along with a draft employment contract of the EXAT’s Governor to the Board of Directors for review and further submission to the Ministry of Finance for approval. Sub-committee for Good Corporate Governance Name/Agency Position Held Appointed Date No. of Session Meeting Attended Allowances (Baht) Oct 1, 2015– 1. Mr. Wuttipong Wiboonwong Chairperson May 10, 2016 2/2 25,000 May 11, 2016– 2. Air Chief Marshal Yutthana Sukumolchan Chairperson Sep 30, 2016 3/3 12,500 MOacyt 11,02, 021051–6 3. Air Chief Marshal Yutthana Sukumolchan Member Oct 22, 2015– 2/2 10,000 Sep 30, 2016 4. Miss Banthornchome Kaewsa-ard Member Oct 1, 2015– 4/5 30,000 Oct 21, 2016 5. Mr. Narin Kalayanamit Member Oct 1, 2015– -- Sep 30, 2016 6. General Chaiyaporn Rattaphaet Member SOecpt 13,0,2021051–6 3/5 9,000 Oct 1, 2015– 7. Colonel Sirapong Wilalai Member Nov 7, 2015 5/5 15,000 8. Mr. Aiyanat Tinapai Member NJaonv 182, ,22001156– -- Governor of the Expressway Authority of Member Member 1/1 - Thailand 9 . DMerp. uNtayrGonogverGnoierdfodreAchdministration Jan 13, 2016– 4/4 20,000 Sep 30, 2016 Acting Governor of the Expressway Authority of Thailand 10. Mr. Narong Gieddech Governor of the Expressway Authority of Thailand 52 Annual Report 2016

Sub-committee for Good Corporate Governance (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Member Attended Allowances (Baht) 11. Mr. Narong Gieddech Member Oct 1, 2015– Deputy Governor for Administration Secretary Jan 12, 2016 1/1 - 12. Mrs. Uravadee Jusri Jan 14, 2016– Deputy Governor for Administration Sep 30, 2016 4/4 - 13. Mr. Panya Chaiyanont Oct 1, 2015– Director of Treasury and Accounting Sep 30, 2016 4/5 - Department Secretary Oct 1, 2015– 3/5 - 14. Mrs. Benchamas Piyachotisukit Secretary Assistant Sep 30, 2016 5/5 - Director of Office of the Governor Oct 1, 2015– 15. Mrs. Tasanuch Thammachot Sep 30, 2016 Director of Corporate Governance and Secretary Assistant Oct 1, 2015– 4/5 - Organization Value Management Sep 30, 2016 Division, Treasury and Accounting Department Source : Corporate Governance and Organization Value Management Division 16. Mrs. Busaba Pratoommars as of September 30, 2016 Director of Public Relations Division Office of the Governor Authorities and Duties 1. To determine the policy, strategy, goal and good corporate governance plan and corporate social responsibility. 2. To direct the operation of good corporate governance and corporate social responsibility. 3. To regularly oversee the operation, the assessment of good corporate governance and corporate social responsibility. 4. To enhance the dissemination of good corporate governance guideline thoroughly. 5. To operate other matters concerning good corporate governance and social responsibility. Risk Management Committee Position Held Appointed Date No. of Session Meeting Chairperson Attended Allowances Name/Agency (Baht) Member 1. Mr. Chusak Gaywee Oct 22, 2015 – Sep 30, 2016 4/4 37,500 Board Member of the Expressway By Board of Directors’ order No. 29/2015 Authority of Thailand dated Nov 3, 2015 2. Asst. Prof. Waressara Weerawat Board Member of the Expressway Oct 22, 2015 – Sep 30, 2016 1/4 10,000 By Board of Directors’ Authority of Thailand order No. 29/2015 dated Nov 3, 2015 53Annual Report 2016

Risk Management Committee (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Member Attended Allowances 3. Miss Banthornchome Kaewsa-ard Member (Baht) Board Member of the Expressway Member Member Oct 22, 2015–Sep 30, 2016 3/4 30,000 Authority of Thailand Member By Board of Directors’ 4. General Chawalit Chunprasan Member order No. 29/2015 Member Member dated Nov 3, 2015 5. Lieutenant General Chunon Hasarison Member Oct 22, 2015–Sep 30, 2016 3/4 9,000 Member Member By Board of Directors’ Member order No. 29/2015 6. Mr. Pisith Wongthianthana dated Nov 3, 2015 Member Oct 22, 2015–Sep 30, 2016 2/4 6,000 7. Mr. Narong Gieddech By Board of Directors’ Deputy Governor for Administration Acting order No. 29/2015 dated Nov 3, 2015 Governor of the Expressway Authority of Thailand Oct 22, 2015–Sep 30, 2016 4/4 12,000 Governor of the Expressway Authority of By Board of Directors’ Thailand (EXAT’s order No. 4/2016 given order No. 29/2015 on Jan 12, 2016) dated Nov 3, 2015 8. Mr. Suchart Chonsakpipat Director Expressway Construction Nov 8, 2015–Jan 11, 2016 1/1 10,000 Department Acting Assistant Governor By Board of Directors’ The Expressway Authority of Thailand order No. 29/2015 (EXAT’s order No. 227/2015 given on dated Nov 3, 2015 Aug 26, 2015) Deputy Governor for Construction and Jan 12, 2016–Sep 30, 2016 2/3 10,000 Maintenance The Expressway Authority By Board of Directors’ of Thailand (EXAT’s order No. 298/2015 order No. 29/2015 given on Dec 23, 2015) dated Nov 3, 2015 9. Mrs. Uravadee Jusri Deputy Governor for Administration The Oct 22, 2015–Sep 30, 2016 1/1 - Expressway Authority of Thailand (EXAT’s By Board of Directors’ order No. 6/2016 given on Jan 14, 2016) order No. 29/2015 10. Mr. Wichan Ekarintrakul dated Nov 3, 2015 Deputy Governor for Technical Affairs The Expressway Authority of Thailand Dec 23, 2015–Sep 30, 2016 2/3 - (EXAT’s order No. 298/2015 given on By Board of Directors’ 1/3 - Dec 23, 2015) order No. 29/2015 1/3 - dated Nov 3, 2015 54 Annual Report 2016 Jan 14, 2016–Sep 30, 2016 By Board of Directors’ order No. 29/2015 dated Nov 3, 2015 Dec 23, 2015–Sep 30, 2016 By Board of Directors’ order No. 29/2015 dated Nov 3, 2015

Risk Management Committee (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Member Attended Allowances 11. Mr. Sudthisak Wattanavinid Member (Baht) Deputy Governor for Law & Land Member Oct 22, 2015–Sep 30, 2016 1/4 - Acquisition The Expressway Authority of Member By Board of Directors’ Thailand Member and order No. 29/2015 12. Mr. Dumkerng Pankam Secretary dated Nov 3, 2015 Director of Toll Collection Department Acting Deputy Governor for Operation Oct 22, 2015–Dec 22, 2016 0/1 - The Expressway Authority of Thailand By Board of Directors’ (EXAT’s order No. 132/2015 given on order No. 29/2015 Jun 15, 2015) dated Nov 3, 2015 Deputy Governor for Operation The Expressway Authority of Thailand Dec 23, 2015–Sep 30, 2016 2/3 - (EXAT’s order No. 298/2015 given on By Board of Directors’ Dec 23, 2015) order No. 29/2015 13. Mrs. Bhanumatee Smutkeeree dated Nov 3, 2015 Assistant Governor The Expressway Authority of Thailand (EXAT’s order No. Dec 23, 2015–Sep 30, 2016 3/3 - 298/2015 given on Dec 23, 2015) By Board of Directors’ 14. Mrs. Aoyatchara Rungrattanaubol order No. 29/2015 Director of Risk Management and dated Nov 3, 2015 Internal Control Division The Expressway Authority of Thailand Oct 22, 2015–Sep 30, 2016 4/4 - By Board of Directors’ order No. 29/2015 dated Nov 3, 2015 Source : Risk Management and Internal Control Division as of September 30, 2016 Remark The order of the Committee members’ name is listed according to the appointment order of the Risk Management Committee. Authorities and Duties 1. To analyze and evaluate the situation expected to have risk and affect EXAT’s mission execution, to define the risk management policy to prevent, control and reduce the risk which may occur so as to be implemented by the executives and employees. 2. To define the risk management strategy in conformity with risk management policy, to direct the risk management system to be appropriate, sufficient and efficient to ensure that EXAT has indicated, analyzed, evaluated and managed the risk to proper and acceptable level and connected to Internal Control system, and to monitor, asses the control result and handle these risks consecutively. 3. To review the sufficiency and efficiency of risk management system and risk management policy including the efficiency and effectiveness of the policy implementation as prescribed, to give suggestions in order to improve and reinforce risk management performance to create EXAT’s value. 55Annual Report 2016

4. To supervise the risk management handbook and plan undertaking, to review plan, monitor and evaluate the risk management altogether with to give suggestion to improve risk management plans so that they conform to the defined policy and strategy. 5. To enhance the communication on risk management to raise awareness and share responsibility for this matter effectively and costeffectiveness, which makes the risk management partially organization culture and daily activity at every work unit. 6. To perform any operation relating to risk management. Independent Board In fiscal year 2016, the Independent Board convened 2 meeting with the list of members, sessions attended and remuneration (meeting allowances) detailed as follows: Name/Agency Position Held Appointed Date No. of Session Meeting Chairperson Attended Allowances (Baht) 1. Air Chief Marshal Yutthana Sukumolchan Feb 25, 2015 (Qualified Member) Member (By Board of Directors’ 2/2 25,000 Retired Government Officer order No. 3/2015 dated Member 2/2 20,000 2. Asst. Prof. Waressara Weerawat Mar 2, 2015 (Qualified Member) Feb 25, 2015 1/2 10,000 Professor, Department of Industrial (By Board of Directors’ order No. 3/2015 dated Engineering, Mahidol University Mar 2, 2015) 3. Mr. Plakorn Wanglee Feb 25, 2015 (Qualified Member) (By Board of Directors’ President and Chief Executive order No. 3/2015 dated Mar 2, 2015) Officer Standard Chartered Bank (Thai) Public Company Limited Member Feb 25, 2015-May 19, 2016 1/2 10,000 4. Mr. Wuttipong Wiboonwong Secretary (By Board of Directors’ 2/2 - (Qualified Member) order No. 3/2015 dated Senior Public Prosecutor Mar 2, 2015) Feb 25, 2015 5. Mrs. Vareerat Nititadakul (By Board of Directors’ Director General Affairs and order No. 3/2015 dated Mar 2, 2015) Conference Division, Office of the Governor The Expressway Authority Source : General Affairs and Conference Division, Office of the Governor of Thailand as of September 30, 2016 Remarks Remuneration rate is in compliance with the cabinet resolution on July 2, 2013 as indicated below: - The Board member would receive the meeting allowance of 10,000 Baht per month, while the chairperson of the Board of enterprises appointed would receive 25% higher than the board members and the board members will be responsible for their own income tax incurred. 56 Annual Report 2016

- Sub-committees, working groups or any other party appointed by law, cabinet resolution or member of State Enterprise Board shall receive remuneration as follows; In case of State Enterprise member, the remuneration shall be paid as per number of sessions attended with the rate of that same as State Enterprise member. The remuneration paid for sub-committee, working group or any other party shall not be more than 2 parties and not more than once a month per party. The chairperson shall receive 25% higher than the members. All members would be responsible for income tax on their own. Authorities and Duties 1. To perform duties in accordance with their responsibilities under Chapter 3 of principles and guidelines on Corporate Governance of State-Owned Enterprises 2009. 2. To exercise their independent discretion to make a strategic decision and to be able to direct to change or restrain any actions when deemed necessary for EXAT’s best interests. 3. To perform other duties as assigned by the Board of Directors without affecting the independence in the performance of their duties. Sub-committee for Scrutinizing Meeting Agendas to the Board of Directors In fiscal year 2016, the Sub-committee for Scrutinizing Meeting Agendas to the Board of Directors convened 12 meetings with the name list of members, sessions attended and remuneration (meeting allowances) as indicated below: Name/Agency Position Held Appointed Date No. of Session Meeting 1. General Chawalit Chunprasan Chairperson Attended Allowances (Baht) RTA Senior Expert Feb 28, 2015–Sep 30, 2016 12/12 Member Appointed by Board of 45,000 2. Lt.Gen. Chaiyaporn Rattaphaet Member 12/12 RTA Senior Expert Member Directors’ order No. 13/2015 36,000 Secretary dated Mar 2, 2015 11/12 3. Colonel Suranart Sabairup 33,000 Staff Officer to the Feb 28, 2015–Sep 30, 2016 10/12 Appointed by Board of 30,000 Commander-in-Chief 12/12 4. Colonel Prawat Sahakij Directors’ order No. 13/2015 - Deputy Director Directorate of dated Mar 2, 2015 Logistics Feb 28, 2015–Sep 30, 2016 5. Mrs. Benchamas Piyachotisukit Appointed by Board of Director of Office of the Governor Directors’ order No. 13/2015 The Expressway Authority of dated Mar 2, 2015 Thailand Oct 1, 2015–Sep 30, 2016 Appointed by Board of Directors’ order No. 25/2015 dated Oct 12, 2015 Feb 28, 2015–Sep 30, 2016 Appointed by Board of Directors’ order No. 13/2015 dated Mar 2, 2015 57Annual Report 2016

Sub-committee for Scrutinizing Meeting Agendas to the Board of Directors (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Secretary Feb 28, 2015–Sep 30, 2016 Attended Allowances (Baht) 6. Mrs. Vareerat Nititadakul Assistant 11/12 Director General Affairs and Appointed by Board of - Directors’ order No. 13/2015 Conference Division, Office of the Governor The Expressway dated Mar 2, 2015 Authority of Thailand Source : General Affairs and Conference Division, Office of the Governor as of September 30, 2016 Authorities and Duties To scrutinize meeting agendas to the Board of Directors. Sub-committee for Coordination of Expressway Traffic Management Name/Agency Position Held Appointed Date No. of Session Meeting 1. Pol. Maj. Gen. Surachet Hakpan Chairperson Attended Allowances Commander of Tourist Police Division Oct 22, 2015-Sep 30, 2016 (Baht) 2. Mr. Chusak Gaywee Member (By Board of Directors’ 5/5 62,500 Inspector-General of Ministry of Transport Member order No. 34/2015 4/5 40,000 3. General Chaiyaporn Rattaphaet Member dated Nov 3, 2015 4/5 12,000 Member 1/5 3,000 4. Pol. Maj. Gen. Adul Narongsak Member Oct 22, 2015-Sep 30, 2016 3/5 30,000 Member (By Board of Directors’ 3/5 - 5. Mr. Narong Gieddech order No. 34/2015 2/5 - Governor of the Expressway Authority of dated Nov 3, 2015 Thailand Oct 22, 2015-Sep 30, 2016 6. Mr. Suchart Chonsakpipat (By Board of Directors’ Deputy Governor for Construction and order No. 34/2015 dated Nov 3, 2015 Maintenance The Expressway Authority of Thailand Oct 22, 2015-Sep 30, 2016 7. Mr. Sudthisak Wattanawinid (By Board of Directors’ Deputy Governor for Law and Land order No. 34/2015 Acquisition The Expressway Authority of dated Nov 3, 2015 Thailand Oct 22, 2015-Sep 30, 2016 (By Board of Directors’ order No. 34/2015 dated Nov 3, 2015 Oct 22, 2015-Sep 30, 2016 (By Board of Directors’ order No. 34/2015 dated Nov 3, 2015 Oct 22, 2015-Sep 30, 2016 (By Board of Directors’ order No. 34/2015 dated Nov 3, 2015 58 Annual Report 2016

Sub-committee for Coordination of Expressway Traffic Management (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Member Attended Allowances 8. Mr. Dumkerng Pankam Oct 22, 2015-Sep 30, 2016 (Baht) Deputy Governor for Operation Member (By Board of Directors’ 5/5 - order No. 34/2015 The Expressway Authority of Thailand dated Nov 3, 2015 -- 9. Traffic Police Commander Oct 22, 2015-Sep 30, 2016 3/5 9,000 (By Board of Directors’ order No. 34/2015 dated Nov 3, 2015 Pol. Col. Phusit Visetkamin Substitute 1/5 3,000 Pol. Lt. Col. Chamnan Treenet Member 10. Provincial Police Commander, Substitute Oct 22, 2015-Sep 30, 2016 - - Member (By Board of Directors’ 4/5 12,000 Nonthaburi Province Member order No. 34/2015 dated Nov 3, 2015 Pol. Lt. Col. Akararat Supanichworrapachn Substitute 1/5 3,000 Pol. Col. Tawatchai Nakrit Member 11. Provincial Police Commander, Substitute Oct 22, 2015-Sep 30, 2016 3/5 9,000 Samut Prakan Province Member (By Board of Directors’ 1/5 3,000 Member order No. 34/2015 dated Nov 3, 2015 Pol. Col. Panlop Aramla Substitute 1/5 3,000 Pol. Lt. Col. Phongthat Charoenpratyaphong Member 12. Pol. Col. Khajornkiat Sariphan Substitute Oct 22, 2015-Sep 30, 2016 4/5 12,000 Superintendent of Sub-division 2, Member (By Board of Directors’ 1/5 3,000 Member order No. 34/2015 Traffic Police Division dated Nov 3, 2015 Pol. Lt. Col. Jetsada Yangnok Substitute Oct 22, 2015-Sep 30, 2016 - - 13. Representative from the Office of Member (By Board of Directors’ 3/5 9,000 Transport and Traffic Policy and Planning Member order No. 34/2015 dated Nov 3, 2015 Mr. Sujin Tayanukul Substitute Member 59Annual Report 2016

Sub-committee for Coordination of Expressway Traffic Management (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Oct 22, 2015-Sep 30, 2016 Attended Allowances 14. D irector of Traffic and Transportation Member (Baht) Department, Bangkok Metropolitan (By Board of Directors’ -- Administration or Representative Substitute order No. 34/2015 Member dated Nov 3, 2015 1/5 3,000 Mr. Chatree Laosamathikul Substitute Mr. Oran Yodsungnoen Member 2/5 6,000 Mr. Somchai Dechakorn Substitute Mr. Thongdee Nuekaen Member 1/5 3,000 Substitute Member 1/5 3,000 15. Pol. Lt. Col. Kkampanat Setrittikul Member Jan 13, 2016-Sep 30, 2016 3/5 9,000 Chief of Expressway Police Station 1 (By Board of Directors’ order No. 2/2016 dated 16. Mr. Sombat Suraprasit Feb 9, 2016 Director of Maintenance Department Member Oct 22, 2015-Sep 30, 2016 1/5 - The Expressway Authority of Thailand (By Board of Directors’ 17. Mr. Somporn Somabot order No. 34/2015 Director of Toll Collection Department dated Nov 3, 2015 The Expressway Authority of Thailand Member Oct 22, 2015-Sep 30, 2016 1/5 - 18. Mr. Nontajit Bangsomboon (By Board of Directors’ Director of Operation Planning Division order No. 34/2015 dated Nov 3, 2015 The Expressway Authority of Thailand 19. Mr. Sakda Panwai Member Oct 22, 2015-Sep 30, 2016 5/5 - Director of Expressway System Engineering (By Board of Directors’ order No. 34/2015 Research and Development Division dated Nov 3, 2015 The Expressway Authority of Thailand 20. Mr. Surasak Kanjanavakoon Member Oct 22, 2015-Sep 30, 2016 4/5 - Director of Traffic Control Department (By Board of Directors’ The Expressway Authority of Thailand order No. 34/2015 21. Director of Traffic Management Division dated Nov 3, 2015 The Expressway Authority of Thailand Member and Oct 22, 2015-Sep 30, 2016 5/5 - 22. Mr. Phongsakon Thanachokphanchai Secretary (By Board of Directors’ Head of Traffic Management Section 2 order No. 34/2015 dated Nov 3, 2015 Member and Oct 22, 2015-Sep 30, 2016 - - 60 Secretary (By Board of Directors’ Annual Report 2016 Assistant order No. 34/2015 dated Nov 3, 2015 Member and Oct 22, 2015-Sep 30, 2016 3/5 - Secretary (By Board of Directors’ Assistant order No. 34/2015 dated Nov 3, 2015 Source : Traffic Management Division, Traffic Control Department as of September 30, 2016

Authorities and Duties 1. To set up measures and develop solutions to traffic problems in the area of the expressway, road links, intersection, toll plazas and on-off ramps. 2. To improve and apply technologies in expressway traffic management system in accordance with the management of on-off ramp area to alleviate the traffic congestion in the area of on-off ramps. 3. To coordinate and inform other related parties of EXAT’s measures and solutions to traffic problems in order to facilitate expressway users to leave the expressways in a timely manner. 4. To expedite and follow up the outcomes of the expressway problem solution. 5. To operate or perform other duties as assigned by the Board of Directors. Committee for Monitoring and Implementation in line with Environmental Measures during Construction Period of Si Rat-Outer Bangkok Ring Road Expressway Project Name/Agency Position Held Appointed Date No. of Session Meeting Jan 13, 2016- Attended Allowances (Baht) 1. Mr. Narong Gieddech Chairperson Sep 30, 2016 -- Governor of the Expressway Authority of Member Member Dec 28, 2015- 2/3 - Thailand Sep 30, 2016 2. Mr. Suchart Chonsakpipat Substitute Deputy Governor for Construction and Member Oct 1, 2015- 2/3 2,000 Member Sep 30, 2016 Maintenance The Expressway Authority of Member Thailand Substitute Oct 1, 2015- - - 3. Mr. Roengsak Thongsom Member Sep 30, 2016 Expert in Policy and Planning Analysis (Transport Substitute System Development) Bureau of Transport and Member Oct 1, 2015- 3/3 3,000 Traffic Systems Development Office of Transport Sep 30, 2016 and Traffic Policy and Planning Mr. Phusit Chairitpong Oct 1, 2015- - - Policy and Planning Analyst, Professional Sep 30, 2016 - - Level Bureau of Transport and Traffic Oct 1, 2015- Systems Development Office of Transport Sep 30, 2016 and Traffic Policy and Planning 4. Mr. Anan Jenngamkul Oct 1, 2015- -- Engineer of Special Project Management Sep 30, 2016 Center 1 Construction and Special Project 61Annual Report 2016 Department State Railway of Thailand 5. Deputy Director of Public Works Department Bangkok Metropolitan Administration Mr. Watcharin Banpote Director of Design Office, Public Works Department, Bangkok Metropolitan Administration Mr. Thawatchai Napasaksri Civil Engineer, Senior Professional Level Design Office, Public Works Department, Bangkok Metropolitan Administration

Committee for Monitoring and Implementation in line with Environmental Measures during Construction Period of Si Rat- Outer Bangkok Ring Road Expressway Project (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Oct 1, 2015- Attended Allowances (Baht) 5. Mr. Prasit Sathapanarit Substitute Sep 30, 2016 -- Civil Engineer, Senior Professional Level Member Member Oct 1, 2015- 1/3 1,000 Design Office, Public Works Department, Sep 30, 2016 - - Bangkok Metropolitan Administration Member Oct 1, 2015- - - Sep 30, 2016 2/3 6. Dr. Kanchana Nittaya Substitute Oct 1, 2015- 1/3 2,000 Director of Natural Resource and Member Sep 30, 2016 - 1,000 Substitute Oct 1, 2015- 2/3 Environmental Office of Nonthaburi Member Sep 30, 2016 - - Province Nonthaburi Province Substitute Oct 1, 2015- 1/1 2,000 7. Director of Environmental Impact Member Sep 30, 2016 2/2 Evaluation Bureau Member Oct 1, 2015- - Office of Natural Resources and Environmental Substitute Sep 30, 2016 1,000 Policy and Planning Member Oct 1, 2015- 2,000 Mrs. Intira Aeumolchat Substitute Sep 30, 2016 Environmentalist, Senior Professional Level Member Oct 1, 2015- Office of Natural Resource and Environment Member Sep 30, 2016 Policy and Planning Member Aug 29, 2016- Mr. Peerapol Deachachart Sep 30, 2016 Environmentalist, Senior Professional Level Oct 1, 2015– Office of Natural Resource and Environment Aug 28, 2016 Policy and Planning Mrs. Raiwin Chompookul Environmentalist, Professional Level Office of Natural Resource and Environment Policy and Planning 8. Mr. Thalearngsak Petchsuwan Expert in Air Quality and Noise Management Pollution Control Department Mrs. Nipaporn Jaisaen Environmentalist, Senior Professional Level Air Quality and Noise Management Bureau, Pollution Control Department Miss Pijitra Kiatkrairat Environmentalist, Professional Level Air Quality and Noise Management Bureau, Pollution Control Department 9. Mr. Danai Hongsuraphan Director of Secretariat Office Office of the Consumer Protection Board Sub. LT. Phairoj Kanungsup Director of Secretariat Office Office of the Consumer Protection Board 62 Annual Report 2016

Committee for Monitoring and Implementation in line with Environmental Measures during Construction Period of Si Rat- Outer Bangkok Ring Road Expressway Project (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Attended Allowances (Baht) 10. Representative from Thailand Environment Member Oct 1, 2015- -- Institute** Member Sep 30, 2016 Member Oct 1, 2015- -- 11. Representative from Reporter and Member Sep 30, 2016 Journalist Association of Thailand** Member Oct 1, 2015- 1/3 1,000 Sep 30, 2016 12. Mr. Paiboon Aroonmit Member Surveyor, Experienced Level Chatuchak Oct 1, 2015- 2/3 2,000 Member Sep 30, 2016 District Office 13. Mr. Bancha Suebkrapan Member Oct 1, 2015- 3/3 3,000 Architect, Professional Level, Public Works Sep 30, 2016 Member Section, Bang Sue District Office Member Oct 1, 2015- - - 14. Mr. Winai Rawangngan Substitute Sep 30, 2016 Public Works Administrative Officer, Senior Member Member Oct 1, 2015- 1/3 1,000 Professional Level, Head of Public Works Member and Sep 30, 2016 Section, Bang Phlat District Office Secretary 15. Mr. Suthon Suwanpanont Oct 1, 2015- 3/3 3,000 Public Works Engineer, Senior Professional Sep 30, 2016 Level, Head of Public Works Section Talingchan District Office Oct 1, 2015- 2/3 2,000 16. Mr. Karun Ritthikhong Sep 30, 2016 - - Civil Works Technician, Experienced Level, Oct 1, 2015- - - Public Works Section, Thawiwatthana Sep 30, 2016 District Office Oct 1, 2015- - - 17. Mr. Kitinant Supase Sep 30, 2016 Public Works Engineer, Professional Level, 2/2 - Public Works Section, Bangkoknoi District Oct 1, 2015- Office Sep 30, 2016 18. Miss Sawitri Japhan Deputy District Chief, Bangbuathong District Mar 9, 2016– 19. Traffic Police Commander Sep 30, 2016 Metropolitan Police Bureau Pol. Col. Theerasak Suriwong Traffic Police Deputy Commander, Traffic Police Division Metropolitan Police Bureau 20. Assoc. Pro. Soparat Jarusombat Faculty of Political Science, Thammasat University, Qualified Expert 21. Mr. Phuttigun Kanjanapangka Director of Expressway Construction Department The Expressway Authority of Thailand 63Annual Report 2016

Committee for Monitoring and Implementation in line with Environmental Measures during Construction Period of Si Rat- Outer Bangkok Ring Road Expressway Project (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Oct 1, 2015– Attended Allowances (Baht) 22. Mr. Phuttigun Kanjanapangka Member and Mar 8, 2016 1/1 - Director of Expressway Engineering Division 2 Secretary Assistant Expressway Construction Department The Expressway Authority of Thailand Mar 9, 2016– - - D irector of Expressway Engineering Sep 30, 2016 Division 2* Source: Expressway Construction Department Expressway Construction Department The as of September 30, 2016 Expressway Authority of Thailand Remarks: * Not yet appointed **No dispatch of Representative Authorities and Duties 1. To direct and monitor any performance in accordance with environmental measures of Si Rat-Outer Bangkok Ring Road Expressway Project as proposed in the environmental impact assessment and engineering design of substitute expressway for Phya Thai-Phutthamonthon Expressway Project in the State Railway of Thailand’s right-of-way, Bang Sue-Rama VI Route connecting Boromrajchonnanee Road. 2. To report the result of supervision and monitoring the performance complying with environmental measures of Si Rat-Outer Bangkok Ring Road Expressway Project to the Board of Directors periodically for acknowledgement. Committee for Oversight of Si Rat-Outer Bangkok Ring Road Expressway Project Name/Agency Position Held Appointed Date No. of Session Meeting Oct 1, 2015- Attended Allowances (Baht) 1. Mr. Peraphon Thawornsupacharoen Chairperson Sep 30, 2016 3/3 30,000 Deputy Permanent Secretary, Ministry of Member Oct 1, 2015- 2/3 16,000 Transport Chief of Highway Infrastructure Substitute Sep 30, 2016 1/3 - Development Cluster Member Oct 1, 2015- 1/3 - 2. Mr. Poomsak Aranyakasemsuk Substitute Sep 30, 2016 Director of State Enterprise Development Member Oct 1, 2015- Office 1 State Enterprise Policy Office (SEPO) Sep 30, 2016 Mr. Pittaya Uthaisang State Enterprise Analyst, Senior Professional Level State Enterprise Policy Office (SEPO) Miss Sakulphet Phetdee State Enterprise Analyst, Professional Level State Enterprise Policy Office (SEPO) 64 Annual Report 2016

Committee for Oversight of Si Rat-Outer Bangkok Ring Road Expressway Project (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Member Oct 1, 2015- Attended Allowances (Baht) 3. Mr. Nuttavoot Sakulpanich Sep 30, 2016 3/3 24,000 Deputy Attorney, Department of Intellectual Qualified Member Qualified Member Oct 1, 2015- 1/3 8,000 Property and International Trade Litigation Qualified Member Sep 30, 2016 1/1 8,000 Office of the Attorney General Qualified Member Oct 1, 2015- 4. Mr. Chula Sukmanop Sep 30, 2016 3/3 24,000 Director-General, Department of Airport Member and 2/3 16,000 5. Mr. Nakorn Chantasorn* Secretary Oct 1, 2015- 3/3 24,000 Advisor to President National Science and Sep 30, 2016 Technology Development Agency (NSTDA) Secretary Oct 1, 2015- - - 6. Gp. Capt. Jirapon Kuaduang Assistant Sep 30, 2016 President, Civil Aviation Training Centre Jan 13, 2016- 2/2 - 7. Mr. Somsak Hommaung Secretary Sep 30, 2016 Inspector-General Ministry of Transport Assistant 1/1 - 8. Mr. Narong Gieddech Oct 1, 2015- Governor, the Expressway Authority of Nov 7, 2015 Thailand Mr. Aiyanat Tinapai Mar 10, 2016- Governor, the Expressway Authority of Sep 30, 2016 Thailand 9. Mr. Phongsopon Kururatchaikul Oct 1, 2015- Director of Legal Department Mar 9, 2016 The Expressway Authority of Thailand Mr. Woraprach Phongphongsri Mar 10, 2016- 2/2 - Director of Litigation Division Acting Sep 30, 2016 Director of Legal Department The Expressway Authority of Thailand Source : Expressway Construction Department 10. Mr. Phuttigun Kanjanapangka as of September 30, 2016 Director of Expressway Construction Department The Expressway Authority of Thailand Remark *Mr. Nakorn Chantasorn (Qualified Member) requested to resign from the Committee, beginning from March 2016 onwards. Authorities and Duties 1. To supervise the implementation as stipulated in the joint investment contract, action plan under the joint investment contract and resolution plan for the problems which may occur from the projects. 2. To consider and provide suggestions to solve the project problems to the contracting agency. The Committee may require that the contracting agency engage a consultant to analyze the problem solutions of the project and formulate a resolution plan for the problems which may occur. 65Annual Report 2016

3. To notify EXAT’s internal and external relating units to provide clarifications or relating information to the Committee. 4. To report the operation, progress, problem and solution to the Minister of Transport for acknowledgment at least once every six months and submit a copy of the relevant reports and documents to State Enterprise Policy Office. 5. To consider and amend a joint venture contract under Chapter 7 of Private Investments in State Undertakings Act B.E. 2556 (2013). Strategy Formulation Sub-Committee for Development of Electronic Toll Collection System Service Name/Agency Position Held Appointed Date No. of Session Meeting Feb 25, 2015– Attended Allowances (Baht) Sep 30, 2016 1. Asst. Prof. Waressara Weerawat Chairperson 2/2 12,500 Professor, Department of Industrial Member Feb 25, 2015– 1/2 10,000 Engineering Faculty of Engineering, Sep 30, 2016 Mahidol University Member 2. Mr. Plakorn Wanglee Member Feb 25, 2015– - - President and Chief Executive Officer Member Sep 30, 2016 - - Standard Chartered Bank (Thai) Public Oct 22, 2015– 2/2 3,000 Company Limited and its Representative Sep 30, 2016 2/2 3,000 Offices Oct 22, 2015– 2/2 3,000 3. Mr. Chusak Gaywee Sep 30, 2016 2/2 3,000 Inspector-General of Ministry of Transport Feb 25, 2015– 1/2 10,000 4. Miss Banthornchome Kaewsa-ard Sep 30, 2016 Fiscal Policy Advisor Fiscal Policy Office Feb 25, 2015– 1/2 - 5. Colonel Karan Sathityutthakan Sep 30, 2016 2/2 - Apr 8, 2015– 1/1 - 6. Colonel Suranart Sabairup Member Sep 30, 2016 Jan 13, 2016– 7. Mr. Pornchai Chanyakorn Member Sep 30, 2016 8. Miss Nuchjaree Iamviriyakun Member Jan 14, 2016– Sep 30, 2016 9. Mr. Narong Gieddech Member Jun 15, 2015– Governor, the Expressway Authority of Sep 30, 2016 Member Mar 9, 2016– Thailand Member Sep 30, 2016 10. Mrs. Uravadee Jusri Member Deputy Governor for Administration 11. Mr. Dumkerng Pankam Deputy Governor for Operation 12. Mr. Panya Chaiyanont Director of Treasury and Accounting Department 66 Annual Report 2016

Strategy Formulation Sub-Committee for Development of Electronic Toll Collection System Service (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Member Attended Allowances (Baht) 13. Miss Jariya Thongjunthuck Member Mar 9, 2016– Director of Policy and Planning Department Sep 30, 2016 1/1 - 14. Mr. Chirasak Pamasiri Mar 9, 2016– Director of Information Technology Sep 30, 2016 -- Department Member Mar 9, 2016– 1/1 - 15. Mr. Sombat Suraprasit Member Sep 30, 2016 1/1 - Director of Maintenance Department Member Mar 9, 2016– 1/2 - 16. Mr. Somporn Somabot Sep 30, 2016 Director of Toll Collection Department Feb 25, 2015- 17. Mr. Sakda Panwai Sep 30, 2016 Director of Expressway System Engineering Secretary and Feb 25, 2015- 2/2 - Research and Development Division Member Sep 30, 2016 18. Mr. Pittaya Thanavanichkul Acting Director of E-Business Services Secretary Feb 25, 2015- 2/2 - Assistant Sep 30, 2016 Division Toll Collection Department 19. Mrs. Pantira Na Nakorn Secretary Feb 25, 2015- 2/2 - Chief of ETC and E-Business Management Assistant Sep 30, 2016 Section, E-Business Services Division, Toll Source : E-Business Services Division, Toll Collection Department Collection Department as of September 30, 2016 20. Mr. Pittaya Thanavanichkul Chief of E-Business Service Development Section, E-Business Services Division, Toll Collection Department Authorities and Duties 1. To formulate an operation strategy to develop the electronic toll collection system service. 2. To monitor and assess the performance of the defined strategy. 3. To promote and disseminate guidelines for implementing the established operation strategy to the expressway users as well as to coordinate with the public sector. 4. To perform other duties concerning strategy formulation to develop the electronic toll collection system service. 67Annual Report 2016

Sub-committee for Strategic Route Study to Support the Ministry of Transport’s Infrastructure Strategy Based on the National Council for Peace and Order’s Policy and ASEAN Economic Community (AEC) Name/Agency Position Held Appointed Date No. of Session Meeting 1. Air Chief Marshal Yutthana Sukumolchan Chairperson Attended Allowances (Baht) 2. Mr. Chanvit Amatamatuchatri 3. Asst. Prof. Waressara Weerawat Member Feb 25, 2015–Sep 30, 2016 2/2 12,500 4. Mr. Plakorn Wanglee Member Appointed by Board of 5. Maj. Gen. Chunon Hasarison Member Directors’ order 6. Gp. Capt. Khanchit Thongcharoensuk Member No. 12/2015 given on 7. Gp. Capt. Prayouch Phongphoak Member Mar 2, 2015 Member Feb 25, 2015–Sep 30, 2016 - - Appointed by Board of Directors’ order No. 12/2015 given on Mar 2, 2015 Feb 25, 2015–Sep 30, 2016 1/2 10,000 Appointed by Board of Directors’ order No. 12/2015 given on Mar 2, 2015 Feb 25, 2015–Sep 30, 2016 1/2 10,000 Appointed by Board of Directors’ order No. 12/2015 given on Mar 2, 2015 Feb 25, 2015–Sep 30, 2016 2/2 6,000 Appointed by Board of Directors’ order No. 12/2015 given on Mar 2, 2015 Apr 8, 2015–Sep 30, 2016 2/2 6,000 Appointed by Board of Directors’ order No. 16/2015 given on Apr 28, 2015 Apr 8, 2015–Sep 30, 2016 2/2 6,000 Appointed by Board of Directors’ order No. 16/2015 given on Apr 28, 2015 68 Annual Report 2016

Sub-committee for Strategic Route Study to Support the Ministry of Transport’s Infrastructure Strategy Based on the National Council for Peace and Order’s Policy and ASEAN Economic Community (AEC) (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Attended Allowances (Baht) 8. Mr.Narong Gieddech Member Feb 25, 2015–Sep 30, 2016 2/2 10,000 Governor, the Expressway Authority Appointed by Board of Directors’ order of Thailand No. 12/2015 given on Mar 2, 2015 9. Mr. Wichan Ekarintrakul Member Feb 25, 2015–Sep 30, 2016 1/2 - Deputy Governor for Technical Affairs Appointed by Board of Directors’ order No. 12/2015 given on Mar 2, 2015 10. Miss Jariya Thongjunthuck Member Feb 25, 2015–Sep 30, 2016 2/2 - Director of Policy and Planning Department Appointed by Board of Directors’ order No. 12/2015 given on Mar 2, 2015 11. Mr. Sakda Panwai Member and Feb 25, 2015–Sep 30, 2016 2/2 - Director of Expressway System Engineering Secretary Appointed by Board of Directors’ order Research and Development Division No. 12/2015 given on Mar 2, 2015 12. Mr. Thepparit Rattanapanyakorn Secretary Feb 25, 2015–Sep 30, 2016 2/2 - Chief of Transport System Research and Assistant Appointed by Board of Directors’ order Development Section Expressway System No. 12/2015 given on Engineering Research and Development Mar 2, 2015 Division 13. Mr. Aekkarin Luangwilai Secretary Feb 25, 2015–Sep 30, 2016 2/2 - Chief of Testing, Quality Control, Standard Assistant Appointed by Board of Directors’ order Development Section Expressway System No. 12/2015 given on Engineering Research and Development Mar 2, 2015 Division 14. Mrs. Ratchada Promsakha Na Sakolnakorn Secretary Feb 25, 2015–Sep 30, 2016 2/2 - Chief of Research and Development Assistant Appointed by Board of Directors’ order Administration Section Expressway System No. 12/2015 given on Engineering Research and Development Mar 2, 2015 Division Source : Expressway System Engineering Research and Development Division as of September 30, 2016 69Annual Report 2016

Authorities and Duties 1. To study transport strategy to support the ASEAN Economic Community (AEC) and provide the Board of Directors with useful suggestions. 2. To be able to invite knowledgable personnel from external party to provide suggestions or information beneficial to EXAT when deemed necessary. EXAT will be responsible for any expenses incurred upon the Board of Directors’ approval. Hiring will proceed under EXAT’s rule and regulations. 3. To consider and carry out other issues as assigned by the Board of Directors. * Meeting allowance rates before income tax deduction - Sub-committee Chairperson 12,500 Baht per meeting - EXAT Sub-committee Member 10,000 Baht per meeting - Non-affiliated Sub-committee Member 3,000 Baht per meeting Sub-committee for Rama III-Dao Khanong-Western Outer Bangkok Ring Road Expressway Project Name/Agency Position Held Appointed Date No. of Session Meeting Attended Allowances 1. General Chaiyaporn Rattaphaet Chairperson Jan 19, 2016– 8/8 Sep 30, 2016 6/8 (Baht) 2. Governor of the Expressway Authority Vice Chairperson Jan 19, 2016– 5/8 30,000 of Thailand Member Sep 30, 2016 6/8 50,000 Member Jan 19, 2016– 7/8 3. Deputy Governor for Construction and Sep 30, 2016 2/8 - Maintenance Jan 19, 2016– 7/8 - Sep 30, 2016 8/8 - 4. Deputy Governor for Administration Jan 19, 2016– 8/8 - Sep 30, 2016 8/8 21,000 5. Deputy Governor for Technical Affairs Member Jan 19, 2016– 6/8 24,000 Sep 30, 2016 8/8 - 6. Deputy Governor for Law & Land Acquisition Member Mar 3, 2016– - Sep 30, 2016 - 7. Mr. Sintop Sirisingha Member Jan 19, 2016– - Sep 30, 2016 8. Colonel Suranart Sabairup Member Jan 19, 2016– Sep 30, 2016 9. Director of Treasury and Accounting Member Jan 19, 2016– Department Member Sep 30, 2016 Jan 19, 2016– 10. Director of Policy and Planning Department Sep 30, 2016 Jan 19, 2016– 11. Director of Expressway Construction Member Sep 30, 2016 Department Member 12. Director of Land Acquisition Department 70 Annual Report 2016

Sub-committee for Rama III-Dao Khanong-Western Outer Ring Road Expressway Project (Continued) Name/Agency Position Held Appointed Date No. of Session Meeting Attended Allowances 13. Director of Director Planning and Project Member and Jan 19, 2016– Analysis Division Policy and Planning Secretary Sep 30, 2016 (Not (Baht) Department Member and Jan 19, 2016– appointed - Secretary Sep 30, 2016 14. Director of Expressway Engineering yet) - Division 1 Expressway Construction 8/8 Department Source : Policy and Planning Department as of September 30, 2016 Authorities and Duties The Sub-committee is authorized to prepare information pertaining to Rama III-Dao Khanong-Western Outer Bangkok Ring Road Expressway Project so as to accelerate the proposal of project implementation to the Board of Directors for approval. 71Annual Report 2016

ARuedipt Coormtmittee Internal Audit The Expressway Authority of Thailand (EXAT) established the Internal Audit Office to provide assurance as well as independent and justifiable counseling service through systematically evaluating and improving the effectiveness of internal control process, risk management and corporate governance. It aims to add value and improve EXAT’s work performance for obligation achievement. The Internal Audit Office performs its duty in compliance with the Ministry of Finance’s Regulations on State Enterprise Audit Committee and Internal Audit Unit B.E. 2555 (2012), the Ministry of Finance’s Revised Handbook on State Enterprise Internal Audit B.E. 2555 (2012) and international standard for professional internal audit regulated by the Institute of Internal Auditors (IAA). The audit report would be proposed to the executives, audit committee and EXAT’s Board of Directors respectively. In fiscal year 2016 the Internal Audit Office completed its work consistent with the 2016 audit plan and approaches as stipulated in the Ministry of Finance’s Handbook on State Enterprise Internal Audit as follows: 1. Audit of 20 operating systems following the 2016 audit plan and monitoring the results 2. Audit of operations according to the cabinet resolutions 3. Verification of EXAT’s financial report 4. Verification of corporate governance 5. Providing counseling service 6. Internal control assessment in accordance with the State Audit Commission’s Regulations on Internal Control Standards B.E. 2544 (2001) 7. Verification of EXAT’s risk management Audit Committee Report in Fiscal Year 2016 The Audit Committee appointed by the Board of Directors consists of 3 board members and Director of Internal Audit Office as the secretary. In fiscal year 2016, 3 Audit Committees have been appointed by resolution of the Board of Directors as described below: 1. Given on March 2, 2015, the Board of Directors issued Order No. 5/2015 appointing the Audit Committee which comprises Mr. Narin Kalayanamit as the Chairperson, Mr. Plakorn Wanglee and Mr. Wuttipong Wiboonwong as the member and Director of Internal Audit Office as the secretary. 2. The Ministry of Finance has appointed its member to represent the Ministry in EXAT’s Board of Directors and replace Mr. Narin Kalayanamit. As a result, Mr. Narin Kalayanamit was discharged from the Audit Committee from October 12, 2015 onwards. Given on November 3, 2015, EXAT’s Board of Directors issued Order No. 28/2015 appointing the Audit Committee which comprises Mr. Chanvit Amatamatucharti as the Chairperson, Mr. Wuttipong Wiboonwong and Mr. Plakorn Wanglee as the member and Director of Internal Audit Office as the secretary. 3. Given on June 3, 2016, the Board of Directors issued Order No. 6/2016 appointing Miss Banthornchome Kaewsa-ard as the member of the Audit Committee to replace Mr. Wuttipong Wiboonwong due to 65 years of age. Currently, the Audit Committee consists of Mr. Chanvit Amatamatucharti as the Chairperson, Miss Banthornchome Kaewsa-ard and Mr. Plakorn Wanglee as the member and Director of Internal Audit Office as the secretary. Performance The Audit Committee performs its duties as assigned by the Board of Directors and approaches as stipulated in the Board of Directors’ order No. 40/2015, Subject: Revision of the Audit Committee’s Authorities and Duties, the Ministry of Finance’s Revised Handbook on State Enterprise Internal Audit B.E. 2555 (2012) and the Audit Committee Charter Approved by the Board of Directors. 72 Annual Report 2016

In fiscal year 2016, the Audit Committee held a total of 11 meetings consisting of a joint meeting with the executives of EXAT’s work units, EXAT’s internal auditors and representatives of the Office of the Auditor General of Thailand as the auditor to the Expressway Authority of Thailand to jointly discuss, exchange opinions and suggest problem solutions to strengthening efficiency, effectiveness and operating value added beneficial to EXAT, service users and the public. The Audit Committee’s committed tasks can be summarized as follows: 1. Verification of financial report: Accuracy and reliability of the quarterly and annual financial statements are verified. The result shows that EXAT’s financial reports are considered reliable, consistently follow general accounting principles and contain adequate and proper disclosure of information according to the accounting standard. The Office of the Auditor General of Thailand’s suggestions for EXAT to note and prepare a support plan and risk management are indicated in the notes on EXAT’s financial statement. 2. Verification of internal control: EXAT’s established internal control system is reviewed and considered reasonably sufficient, appropriate and efficient in compliance with the State Audit Commission’s Regulation on Internal Control Standards B.E. 2544 (2001). 3. Verification of risk management: EXAT’s assessment reports on risk control and management are reviewed and demonstrate that the risk management is conducted in accordance with Performance Agreement, state enterprise plans, operating plans and guidelines for risk management as specified in the handbook and the FY 2016 risk management plan. The result is monitored to reduce or control the risks so as to be in the acceptable, effective and appropriate level. 4. Good corporate governance: EXAT’s implementation on good corporate governance approaches, way of practice in supervising the dissemination of public information and bidding announcement, compliance with the applicable laws, rules, regulations, cabinet resolutions and policies stipulated by the Board of Directors, complaint handling and preparation of disclosure report on conflict of interest involving EXAT’s Board of Directors, executives and employees are verified and found that good corporate governance is conducted transparently and appropriately with good management. 5. Internal audit supervision: The tasks are defined; supervise, recommend and support independent and impartial performance of internal auditor; review and approve the Internal Audit Office Charter, 5-year and annual audit plans, strategic and action plans to improve the performance of the Internal Audit Office, human resource development plans and the annual budget of the Internal Audit Office; verify audit performance in line with the audit plan and monitor corrective actions as recommended by the Audit Committee as well as in the audit reports and; support all internal auditors to improve their professional knowledge according to international standards. 6. Remuneration of the auditor: The remuneration incurred for the Office of the Auditor General of Thailand serving as the auditor of the Expressway Authority of Thailand costs 1,500,000 Baht. The Audit Committee performs its work carefully and gives independent opinions and suggestions which are beneficial to EXAT as a whole. Cooperation from concerning departments is also well-obtained. It is commented that EXAT has undertaken financial statement demonstrating its significant performance and financial status aligned with general accounting principles properly and reliably. The risk management and internal control system is considered adequate and appropriate. The result of the internal audit helps improve work performance, allowing risk reduction and creation of value added to the organization. The corporate operation is performed according to Performance Agreement, state enterprise plans, action plans and good corporate governance as well. Compliance with the applicable laws, rules, regulations, cabinet resolutions and policies stipulated by the Board of Directors is carried out and no conflict of interest is found. Mr. Chanvit Amatamatucharti (Chairperson) 73Annual Report 2016

Report on Performance Analysis Economic Status EXAT is the organization having the main mission to solve traffic problem by means of expressway construction which always helps support and enhance efficiency on national logistics development and services. Up to the present, 8 expressways and 4 expressway links falling under EXAT’s responsibility have opened to the public, covering total length of 224.6 kilometers. Expressways opened to Public 1. Chaloem Maha Nakhon Expressway 27.1 kilometers in length 2. Si Rat Expressway 38.4 kilometers in length 3. Chalong Rat Expressway (Ram Inthra-At Narong and the Ram Inthra-Outer Bangkok Ring Road Expressway) 28.2 kilometers in length 4. Udon Ratthaya Expressway 32.0 kilometers in length 5. Burapha Withi Expressway 55.0 kilometers in length 6. Bang Na-At Narong Expressway 4.7 kilometers in length 7. Kanchanaphisek Expressway (Bang Phli–Suksawat) 22.5 kilometers in length 8. Si Rat-Outer Bangkok Ring Road Expressway 16.7 kilometers in length 4 Expressway Links 1. Elevated Road link between the southern part of the Suvarnabhumi Airport and Burapha Withi Expressway aiming to enhance service efficiency of the Burapha Withi Expressway and to facilitate the trip to the Suvarnabhumi Airport. 2. Expressway link between the Kanchanaphisek Expressway (Bang Phli-Suksawat) and the Burapha Withi Expressway aiming to connect transportation route between the Kanchanaphisek Expressway (Bang Phli-Suksawat) and the Eastern Outer Bangkok Ring Road. 3. Chaloem Rajadamri 84th Birthday Anniversary of His Majesty the King (Expressway link between the Kanchanaphisek Expressway (Bang Phli-Suksawat) and Industrial Ring Road) aiming to reinforce complete traffic network in the south of Bangkok. 4. Expressway link between Si Rat Expressway Sector D (Asok-Srinagarindra) and Chaturathit Road Section C aiming to facilitate road users from Victory Monument, Si Ayutthaya, Ratchaprarop, Phetchaburi and Din Daeng Road to Si Rat Expressway Sector D (Asok-Srinagarindra) in order to take further trip to Chalong Rat Expressway, Suvarnabhumi Airport and the Intercity Motorway No.7. Financial Analysis Traffic volume and toll revenue of fiscal year 2016 (October 2015–September 2016) are as follows: Total traffic volume is 650.38 million trips/year or 1.78 million trips/day, increasing from fiscal year 2015 by 4.28%. Total toll revenue (prior to sharing with the joint venture company) is Baht 24,891.33 million/year or Baht 68.20 million/day, increasing from fiscal year 2015 by 3.05%. Si Rat Expressway in suburban zone together with Sector D has the highest total traffic volume at 139.16 million trips/year or 0.38 million trips/day. Chaloem Maha Nakhon Expressway is the second highest with 138.14 million trips/year or 0.38 million trips/day followed by Si Rat Expressway in urban zone with total traffic volume of 119.16 million trips/year or 0.33 million trips/day. Kanchanaphisek Expressway (Bang Phli – Suksawat) total traffic volume is 93.86 trips/year or 0.26 million trips/day. Chalong Rat Expressway generates total traffic volume of 77.88 million trips/year or 0.21 million trips/day. Burapha Withi Expressway generates total traffic volume of 51.17 million trips/year or 0.14 million trips/day. Udon Ratthaya Expressway generates total traffic volume of 29.66 million trips/year or 0.08 million trips/day. Si Rat – Outer Bangkok Ring Road Expressway generates total traffic volume of 1.35 million trips/year or 0.004 million trips/day. In fiscal year 2016 (as of September 30, 2016) EXAT possesses total asset amounting to Baht 198,898.52 million, increasing from that of fiscal year 2015 by Baht 18,202.51 million or 10.07% due to an increase in noncurrent asset. Total debt amounts to Baht 84,483.73 million increasing from that of the fiscal year 2015 by Baht 15,580.39 million or 22.61%. The equity 74 Annual Report 2016

amounts to Baht 114,414.79 million, increasing from that of the fiscal year 2015 by Baht 2,622.12 million or 2.35%. In fiscal year 2016 (data available in October 2015-September 2016), total income amounts to Baht 16,406.41 million while total expense and comprehensive income amount to Baht 7,481.69 million and Baht 8,924.72 million respectively, increasing from that of fiscal year 2015 by Baht 544.04 million or 6.49% due to increasing traffic volume. Total expense for regular and temporary employees for fiscal years 2014-2016 (Unit : Million Baht) Item 2014 2015 2016 Total expense for regular and temporary employees 2,320.56 2,582.81 2,760.01 Source : Accounting Division, Treasury and Accounting Department as of September 30, 2016 Outcome and Report on Performance Analysis In fiscal year 2016, the Expressway Authority of Thailand (EXAT) possesses good performance and can achieve its corporate goals as detailed below. 1. Maximum utilization of expressways and assets: total area of 382,219.96 square wah in the expressway right-of-way has been utilized during fiscal year 2016. Volume per capacity ratio (V/C) shows 0.90. 2. Assurance on quality of service and safety: EXAT has conducted a public opinion survey and found that 91.7% of the expressway users are very satisfied with EXAT’s services while accidents occurred in expressway per 100 million vehicles/kilometer trip shows 11.86. 3. Stable growth on performance with reasonable profit resulting in net profit of Baht 8,924.72 million. Current Major Projects and Future Investment Si Rat-Outer Bangkok Ring Road Expressway Project This project aims to expand the network of Bangkok Metropolitan Region Expressway in the west to lighten at-grade traffic volume and mitigate the traffic on the west side between Bangkok and surrounding provinces to be more effective with the elevated 6 lane road. The route starts from Outer Bangkok Ring Road to the west and runs along the south line railway parallel to Boromarajajonani Road. Then it goes across the Chao Phraya River at Rama VI Bridge and continues to Bang Sue intersection until linking with Si Rat Expressway to the north of Mo Chit 2 Bus Terminal, covering total length of approx. 16.7 kilometers. Construction Period The project construction has been complete and open for service in December 2016. Project Status 1. On September 14, 2012, EXAT entered into the concession contract on the investment in construction design, management, services and maintenance of Si Rat-Outer Bangkok Ring Road Expressway Project with BECL and notified the company in writing of work initiation commencing on December 15, 2012 (construction period of 48 months). 2. On December 14, 2012, EXAT convened a kick-off meeting of the project which BECL would start the construction on December 15, 2012. The areas EXAT delivered to BECL for construction include the State Railway of Thailand’s (SRT) right-of-way, part 2 (from Ratchaphruek Road to Bang Bamru Railway Station) as well as part 3 (from Bang Bamru Railway Station to Rama VI Bridge) and the Department of Rural Roads’ (DRR) property covering part 2 as well as part 3. The former was delivered on January 11, 2013 and the latter on January 14, 2013 respectively. 3. Regarding land acquisition, the royal decree has been issued to specify the areas to be expropriated for the construction of Si Rat-Outer Bangkok Ring Road Expressway Project. The areas to be expropriated as proclaimed in the Government Gazette, Vol. 129, Part 16 Kor on February 10, 2012 include the local area in Bang Kruai District, Nonthaburi Province and Thawi Watthana, Taling Chan, Bang Phlat, Bangkok Noi, Bang Sue and Chatuchak areas, Bangkok Metropolitan in 2012. EXAT installed 20 PR signboards to disseminate information to the general public, surveyed and determined the area for land expropriation. The work is 100% completed from 100% of plan. 4. The project construction has been complete and open for service since August 22, 2016 earlier than scheduled for December 2016. 75Annual Report 2016

Tollway Rate 4 wheels Tollway Rate (Baht/Trip) More than 10 wheels Vehicle Class 50 6-10 wheels 115 80 Tollway Rate (Baht/Trip) Average Traffic Volume/Day 34,544 vehicles/day as of September 2016 Government Budget Allocation for Si Rat-Outer Bangkok Ring Road Expressway Project Cost of Land Acquisition Unit : Million Baht Fiscal Year Allocated Budget Disbursement Percentage 2013 1,740.0000 1,740.0000 100.00 2014 1,550.0000 1,550.0000 100.00 2015 1,200.0000 1,200.0000 100.00 2016 550.0000 550.0000 100.00 Capital Structure (Unit : Million Baht) 2016 Capital 2014 2015 3.52 Initial capital 3.52 3.52 76,986.79 76,986.79 76,986.79 37,424.48 Subsidy budget 29,654.68 34,802.36 114,414.79 106,644.99 111,792.67 Unappropriated retained earnings (Loss) Total capital Loan Domestic loan guaranteed by the Ministry of Finance Government loans 16,378.90 16,178.90 15,978.90 42,150.00 33,650.00 27,750.00 Government bond 650.00 150.00 - Loan from financial institution - 1,300.00 1,000.00 51,278.90 44,728.90 Domestic loan not guaranteed by the Ministry of Finance 59,178.90 Total loan Budget received Budget received 1,550.00 1,200.00 550.00 Remittance to the state Remittance to the state 2,853.56 3,233.00 6,302.61 Source : Accounting Division, Treasury and Accounting Department as of September 30, 2016 76 Annual Report 2016

Internal Control Having recognized the significance of internal control, the Expressway Authority of Thailand (EXAT) has adopted the State Audit Commission (SAC)’s internal control standards including 1) control environment 2) risk assessment 3) control activities 4) information and communication 5) monitoring and evaluation based on to the Committee of Sponsoring Organization of the Treadway Commission (COSO)’s international standard framework for internal control to perform EXAT’s internal control operation. In addition, EXAT has applied principles and guidelines for risk management and internal control 2012 of the State Enterprise Policy Office (SEPO), the Ministry of Finance to the organization’s internal control as well with the emphasis on creation of value added with respect to resource utilization, asset supervision, reliable financial reports and compliance with the applicable laws, regulations, cabinet resolutions and government policies. EXAT has established an internal control system and requires that all work units perform control self-assessment (CSA) through the information system of the internal control management system which supports self-assessment of all work units so that work performance can be controlled, monitored and assessed in accordance with the set internal control system. Self-assessment is performed by means of risk-based internal control and independent assessment undertaken by the internal auditor to ensure adequacy, appropriateness, efficiency and effectiveness of the established internal control system. The summary report on internal control assessment and the internal auditor’s report on internal control assessment review are proposed to the Audit Committee and the Board of Directors annually. In fiscal year 2016, EXAT organized activities to enhance knowledge and understanding and developed the knowledge base pertaining to internal control for staff members at all levels so that they are aware of the necessity and significance of internal control as part of normal operation and that discipline and good attitude towards the internal control could be implanted in their minds. In addition, EXAT shares knowledge about information system development of the internal control management system with other agencies outside of EXAT. These activities include: Continuous Enhancement of Knowledge and Understanding for All Employees ● Provide training on “Internal Control, Risk Management and Business Continuity Management” under EXAT employee orientation project to create knowledge and understanding and recognize the importance of internal control containing in normal operation process, reducing opportunities for damage towards the employees themselves as well as the organization ● Arrange public relations media concerning the knowledge base of internal control such as having PR signboards installed at different workstations, e.g., office building, toll surveillance buildings, EXAT’s expressway control centre buildings and having leaflets published and disseminated in EXAT’s internal activity events and at toll surveillance buildings. ● Provide “Internal Control and Risk Management for Corporate Value Creation” training course to be a guideline for creating value added from all levels of employees’ working ● “Arrange a booth to disseminate knowledge about internal control and risk management” for the attendees on EXAT CG Day through a fun activity containing knowledge about internal control and risk management in between. Knowledge sharing in information system development of “Internal Control Management System” with external agencies including Wastewater Management Authority (WMA), Ministry of Natural Resources and Environment and Bangkok Mass Transit Authority (BMTA), Ministry of Transport 77Annual Report 2016

Risk Management Expressway service is regarded core business of the Expressway Authority of Thailand (EXAT) mainly to alleviate traffic problem. Other businesses are also carried out under the concept of economical asset utilization. Risk management has been adopted, in pursuant to COSO-ERM Portfolio Views of Risk Framework, as a tool to support its operation by means of “Value-based Enterprise Risk Management (VBRM) resulting in successful management and sustainably organizational and national value. EXAT’s risk management mainly aims to handle any risks that might affect the achievement of the organization’s goals so as to reduce the opportunity for potential risks or make use of such an opportunity to create organizational value and benefits in line with the principles/guidelines on risk management and internal control 2012 of the State Enterprise Policy Office, the Ministry of Finance. Risk management plan has been annually reviewed and improved according to changing circumstances for achieving the objectives and obligation defining that risk can be managed in acceptable level consequently. Factors affecting or creating a key risk for the organization Based on the previous outcomes of risk management and evaluation of the organization’s quality, it reveals that EXAT has still encountered different risk situations which vary according to changing trends as well as uncertainty from internal and external factors. Therefore, it is essential that EXAT analyze the organization’s risk situations to be able to indicate the organization’s risks. In fiscal year 2016, 2 drive forces taken into consideration include EXAT’s organizational development which is viewed from the level of organization learning and the country’s economic outlook/transport and logistics system development. The tendency in organizational change and development showed a good sign and it is expected that the target level of organization learning could be achieved. Nevertheless, there are still risk issues EXAT is obliged to handle to ensure that the organization will not lose the opportunity for business development to enhance the organization value and to allow sustainable growth under acceptable risk level. Therefore, under EXAT’s direction of risk management in fiscal years 2014 – 2021, EXAT has performed a review of risk situation analysis by anticipating the future outlook, indication of risk drivers and the cause of risk, enabling EXAT to indicate and divide its key risk factors in fiscal year 2016 into 3 types: finance, strategy as well as law and regulation and establish 3 work plans to handle risks as follows: 1. Plan on expressway effectiveness enhancement 2. Management plan on EXAT’s financial performance 3. Management plan on expressway project contract EXAT’s overall risk management effectively links with 5 risk management strategies as described below 1. Value added strategy by diversifying to other business sectors based on systematic use of existing assets. 2. Establishment of business opportunity strategy on creating from managing revenues and debts based on the cost utilisation with high quality 3. Reduction of revenue fluctuation strategy based on development/innovation management of marketing and services 4. Establishment of sustainable strength strategy based on the development of organization learning and the integration of working procedures in line with the organization’s targets/requirements and on reinforcing collaborative networks with partners to manage a commute, transport and logistics system 5. Enhancement of investment capability strategy based on development/innovation management of financial administration and investment, e.g., setting up an infrastructure fund as well as an asset management company The outcome of risk control and management in fiscal year 2016 reveals that EXAT’s risk management is at acceptable level, reflecting EXAT’s good risk management. Additionally, in fiscal year 2016, EXAT’s business continuity plan (BCP) has been reviewed/improved to be in accordance with the current circumstances and efficiently cover key work systems. Rehearsal of every business continuity plan has been performed to be in preparation for solving any critical situations which may arise and affect EXAT’s operation. Besides, EXAT has increased a communicating channel to enhance knowledge and create understanding about its business continuity plan for employees. 78 Annual Report 2016

oRfeEsxeparercsshwaayndSeDrveicveelopment Reduction of greenhouse gas emissions from the use of Si Rat-Outer Bangkok Ring Road Expressway It is expected that Si Rat-Outer Bangkok Ring Road Expressway, total length of 16.7 kilometers and open for service on August 22, 2016 will help decrease the volume of vehicle kilometre of travelled for approximately 12,047 km in 2016 and 42,855 km in 2040. In addition to shortening travel distance and time which is direct economic benefits, air pollution also dwindles. Based on the calculation on the abatement of greenhouse gas emissions from the project between 2016 and 2040, it is found that the project can lessen over 400,000 tons of greenhouse gas emissions approximately or an average of over 16.7 thousand tons/year, equivalent to 236 million Baht for the cost of removing air pollution. Mitigation of accumulated, at-grade traffic congestion: Chalong Rat Expressway case study As EXAT foresees a traffic congestion problem on the expressways affected by at-grade, heavy traffic which is accumulated and flows over the expressways, it has developed a microscopic simulation model of traffic condition to find a measure to alleviate the said problem by using Prasoet Manukit (Kaset-Nawamin Road) off- ramp of Chalong Rat Expressway as a case study. The study revealed that dividing a traffic lane with a solid white line can diminish 50% of the traffic jam problem overall. Consequently, EXAT has implemented the above-mentioned measure at Prasoet Manukit (Kaset-Nawamin Road) off-ramp of Chalong Rat Expressway and performed an assessment of the measure both before After the implementation of solid line measure to divide traffic lanes at Kaset-Nawamin and after the implementation. The result Road off-ramp demonstrated that traffic condition on Chalong Rat Expressway is 20% better overall. Thus, EXAT will adopt that measure to other points that have similar problem to satisfy and facilitate the user as much as it can. 79Annual Report 2016

Development of Smart Variable Message traffic reporting sign (Smart VMS) and development of expressway travel time estimation system based on traffic condition data displayed on schematic map EXAT has developed the Smart VMS traffic reporting sign to provide traffic information service to the expressway users en route. In 2009, the Smart VMS version 1 was developed and 24 signs were installed in the expressway right-of-way. Later in 2013, there were general public’s complaints and the senate’s discussion on installing the Smart VMS signs in the position where the expressway users did not have a chance to shift to other roads despite realizing the traffic condition on the expressways. As a result, EXAT developed Smart VMS into version Smart VMS Version 1 2 in 2014 by having 1 sign mounted outside expressway right-of-way with the same output format as the Smart VMS version 1. In response to the users’ demand and to serve beyond their expectation, EXAT collaborated with the experts from various fields to further develop the design of Smart VMS into version 3. Expressway travel duration estimation system was developed and included in this version by using EXAT’s traffic report data displayed on the schematic map. EXAT also studied on the appropriate direction Smart VMS Version 2 Smart VMS Version 3 on Chalong Rat Smart VMS Version 3 on Pradit Manutham Road Smart VMS Version 4 Expressway and position for installation of additional signs outside expressway right-of-way, enabling the Smart VMS sign in version 3 to automatically report travel duration as well as PR messages and have the potential to report traffic condition on the expressways with motion picture. At present, EXAT has installed 2 travel duration reporting signs on Si Rat Expressway and 1 sign on Pradit Manutham Road before entering Ram Inthra Expressway toll plaza. In order to cover more service areas, EXAT has also mounted 4 signs of Smart VMS version 4 on Chalerm Maha Nakhon Expressway and another 4 on Si Rat Expressway. Example of the position for installation of each version of the Smart VMS 80 Annual Report 2016

81Annual Report 2016

oEnXCAoTrp’osraPteeSrofcoiarlmReasnpocnesibility The Expressway Authority of Thailand (EXAT) puts emphasis on performing corporate social responsibility (CSR) in conjunction with its main mission to mitigate traffic congestion problem by means of providing expressway service. EXAT has formulated the 5 year long term strategic corporate social responsibility master plan (2016-2020) comprising key strategies to demonstrate corporate social and environmental responsibility which will lead to sustainable development as follows: Strategy 1 Responsibility for Business Procedure (Sustainable Business) which aims to enable EXAT to integrate social responsibility within the value chain starting from upstream level, partner/supplier, passing to midstream level, EXAT, until reaching downstream level, expressway users. Sub strategies are described below. Strategy 1.1 Creativity of Personnel’s Strategy 1.2 Operation Based on Strategy 1.3 Responsibility for Quality of Life Corporate Governance Expressway Services Strategy 2 Fairly Reinforcing Community and Social Acceptance (Sustainable Society) which aims to enable EXAT’s operation to be acceptable to the community and society. It is carried out by paying attention to alleviate a negative impact caused by EXAT’s operation such as those who are affected by land expropriation and the community surrounding right-of-way together with launching CSR-after-Process activities to develop the community and society by means of career building and local economy development. Sub-strategies are indicated below. Strategy 2.1 Relationship Management Promotion with Strategy 2.2 Building Participation in Sustainable Land-Expropriated Individuals Development for Community and Society Strategy 3 Enhancing Capability of Environmental Mitigation and Development (Sustainable Planet) which aims to enable EXAT to alleviate and develop environment to be internationally recognized by giving priority to relieve any environmental impacts significant for EXAT’s operation, for instance, climate change, biodiversity, inventory management, energy efficiency improvement as well as good environmental rehabilitation for future. Sub-strategies are as follows: Strategy 3.1 Promotion on Environmental Awareness for Strategy 3.2 Engagement in Efficiency of Energy Business Operation Consumption and Impacts of Climate Change of EE(nSnavhunirasdotnancDimnienaevgbnelCtleoaaplPpmMlaaeibntniiegltitta)ytion AccepCtoaFnmacmierluy(nSRiutyesitnaafniondracbSinloegcSiaolciety) (fSoursBtauRisneiansbpelsoesnBsiPubsrioliintcyeesdsuIrne) Overall 5 year long term strategic corporate social responsibility master plan (2016-2020) 82 Annual Report 2016

In fiscal year 2016, EXAT has conducted CSR activities, for both nearby and outer society, covering 7 groups of EXAT’s stakeholders including expressway users, public sector as the owner, EXAT staff members, those who are affected by land expropriation, partners, communities surrounding expressway right-of-way and society, with a total of 51 activities. The activities can be divided into the following strategies. Strategy 1 Responsibility for Business Procedure (Sustainable Business), for example, (1) Fire fighting training for all routes of expressway right-of-way (2) Relationship building activity with expressway users (3) “Bright Expressway, Prompt Services, Care for Expressway Users” Project (4) Public service unit project during New Year’s Day and Songkran Festival (5) Service administration in compliance with ISO 9001:2008 standard with respect to tollway payment at the following expressway routes: Din Daeng-Port/Bang Na-Port/ Dao Khanong-Port Strategy 2 Fairly Reinforcing Community and Social Acceptance (Sustainable Society), for example, (1) “EXAT Youths” Project (2) “Bikes for Thai Kids” Project (3) “Expressway for Youths” Project (4) “Sharing Smiles with Kids surrounding Expressway on the Children’s Day” Project (5) “Expressway Across the City” Activity Strategy 3 Enhancing Capability of Environmental Mitigation and Development (Sustainable Planet), for example, (1) “Magic Box to Save the Earth” Project (2) Corporate carbon footprint project (3) Provision of Green Information and Communication Technologies (Green ICT) (4) Environmental quality monitoring project around toll plaza and office building areas (5) Environmental quality management in compliance with ISO 14001 Standard Corporate Social Responsibility (CSR) Report In fiscal year 2016, EXAT publishes the 2015 CSR report in accordance with Global Reporting Initiative (GRI) framework with an updated version from G3.1 to G4 to improve disclosures of information about EXAT’s CSR and transparency and create an understanding of EXAT’s direction and operation towards the public and stakeholders. 83Annual Report 2016

Annual Performance in Year 2016 In 2016 the Expressway Authority of Thailand (EXAT) under the Ministry of Transport determines to complete its mission so as to enhance efficiency on quality of expressway services, particularly in solving traffic congestion problem in the Bangkok Metropolitan Region. The said performance is based on good management, business potential and corporate social responsibility. At present, EXAT has operated 8 expressways and 4 expressway links covering total length of 224.6 kilometers, namely Chaloem Maha Nakhon Expressway, Si Rat Expressway, Chalong Rat Expressway (Ram Inthra-At Narong and Ram Inthra-Outer Bangkok Ring Road Expressway), Burapha Withi Expressway, Udon Ratthaya Expressway, Bang Na-At Narong Expressway, Kanchanaphisek Expressway (Bang Phli-Suksawat) and Si Rat-Outer Bangkok Ring Road Expressway. It includes elevated road linking between the southern part of Suvarnabhumi Airport and Burapha Withi Expressway, expressway link between Kanchanaphisek Expressway (Bang Phli-Suksawat) and Burapha Withi Expressway, Chaloem Rajadamri 84th Birthday Anniversary of His Majesty the King Expressway (connection road between Kanchanaphisek Expressway (Bang Phli-Suksawat) and Industrial Ring Road) and connection road between Si Rat Expressway (Asok-Srinagarindra) and Chaturathit Road section C. Expressway Open for Service in 2016 The Expressway Authority of Thailand (EXAT) launched Si Rat-Outer Bangkok Ring Road Expressway service on August 22, 2016. Future Expressway Project 1. Rama III-Dao Khanong-Western Outer Bangkok Ring Road Expressway Project aims to serve as substitute route in case that Rama IX Bridge is required to be closed for essential maintenance so that there will be no trouble for the connection road to the South. It also helps ease heavy traffic congestion on Rama II Road, Dao Khanong-Outer Ring Road Section and Chaloem Maha Nakhon Expressway, Bang Khlo-Dao Khanong Section. The expressway has a total length of 18.7 kilometres. The starting point of the project is linked to the elevated road project on Highway No. 35 (Thonburi-Paktho) with the on-off ramps at the beginning point of the project at km 13+000 of Rama II Road. The elevated 6 lane expressway (3 lanes for each direction) overlaps along the median of Rama II Road to the northeast until reaching Dao Khanong Toll Plaza. Then, the route overlaps Chaloem Maha Nakhon Expressway and terminates on Rama III Road which is close to Bang Khlo Interchange, linking with Chaloem Maha Nakhon Expressway and Si Rat Expressway. New 8 lane (4 lanes for each direction) bridge crossing the Chao Phraya River will be constructed and align to the south of Rama IX Bridge. This expressway contains 7 on-off ramps. 84 Annual Report 2016

2. Third Stage Expressway System Project, Northern Route, Section N2 and Eastern E-W Corridor aims to solve a traffic congestion problem, improve the intersection to increase the efficiency of Prasoet Manukit Road, link expressway networks with Eastern Outer Ring Road to lighten soil volume and relieve traffic in the east between Bangkok and the provinces nearby more efficiently. The route has a total length of 10 kilometres and the starting point of the project is located at km 1+000 of Prasoet Manukit Road. The elevated 4 lane (2 lane for each direction) expressway overlaps along the median of Prasoet Manukit Road to the east. Then the route crosses over Wang Hin Intersection (Lad Pla Khao Road), Sena Nikhom Intersection, Suksawat Intersection, Chalong Rat Expressway at the crossing between Prasoet Manukit and Pradit Manutham Road, Highway No. 350 Intersection and Nawamin Road Intersection until joining Eastern Outer Bangkok Ring Road at the end of the expressway. 3. Burapha Withi-Pattaya Expressway Project aims to link Burapha Withi Expressway network to eastern region and connect the trip to Laem Chabang industrial estate and port. It helps support economic development and tourism of Chon Buri and Pattaya City and serves as travel and transport route in case of natural disasters and emergency. This elevated expressway covers total length of 68 kilometres with 6 traffic lanes (3 lanes for each direction). The route starts at the end of Burapha Withi Expressway, Chonburi Toll Plaza, heads southwards along Chon Buri By Pass, parallel to Motorway No. 7 (Bangkok-Chon Buri Motorway) on the left and passes Si Racha. Then it diverts to the right of Motorway No. 7 until reaching a connection road to Laem Chabang port and is linked with Motorway No. 7 at the end of the expressway before entering Pattaya City. 4. Udon Ratthaya-Ayutthaya Expressway Project aims to connect expressway networks for the trip to central region and provide a connection road to Bang Sai Royal Folk Arts and Crafts Centre. It also serves as travel and transport route in case of natural disasters and emergency. This elevated expressway covers total length of 42 kilometers with 4 traffic lanes (2 lanes for each direction). The connection starts from Udon Ratthaya Expressway at Bang Pa-in Toll Plaza in Bang Pa-in District, then the route continues northwards, passes Bang Sai District, Bang Badan District and terminates on the national highway No. 32 in Bang Pahan District, Phra Nakhon Si Ayutthaya Province. 5. Chalong Rat-Sara Buri Expressway Project aims to link expressway networks for the trip from Bangkok to the east of Pathum Thani Province, Nakhon Nayok Province, Saraburi Province and northeastern region. This elevated expressway covers total length of 104.7 kilometers with 6 traffic lanes (3 lanes for each direction). The expressway is connected with Chalong Rat Expressway at Chatuchot Toll Plaza on eastern Outer Bangkok Ring Road. The route heads to the east, passing Hathairat Road and Nimit Mai Road to the northeast. Then it continues to pass Lam Luk Ka Road, Rural Road NY 3001, Rangsit-Nakhon Nayok Road and the national highway No. 33 (Suwannason Road) to the north. After that the route crosses and goes along the national highway No. 3222 connecting with Bang Pa-in-Nakhon Ratchasima Motorway and Saraburi Bypass to the east before joining Highway No. 2 (Mittraphap) in Kaeng Khoi District, Saraburi Province at km 10+700. 6. Kathu-Patong Expressway Project, Phuket Province aims to connect the trip from Kathu District to Patong beach to accommodate travel to the locals as well as the tourists, promote tourism in Phuket Province and solve a traffic problem and accident on the highway No.4029. In addition, it is used as evacuation route in case of natural disasters. The express- way covers total length of 3.98 kilometers with 4 traffic lanes for each direction (2 automobile lanes and 2 motorcycle lanes), starting from Patong Sub-district, Kathu District on Phrametta Road (Principle City Plan Road route A). It is elevated to cross Phisitkorani Road until reaching Khao Nakkoed, covering total length of 0.9 kilometers and passing through the underpass with total length of 1.85 kilometers. Then the route is elevated again with 1.23 kilometers in length prior to terminating in Kathu Sub-district at the crossing of the national highway No. 4029. 85Annual Report 2016

Easy Pass Electronic Toll Collection System The Expressway Authority of Thailand (EXAT) has launched the electronic toll collection system by adopting Easy Pass in Chaloem Maha Nakhon Expressway, Chalong Rat Expressway, Kanchanaphisek Expressway (Bang Phli-Suksawat), Burapha Withi Expressway, and Udon Ratthaya Expressway, including in the elevated road at the southern part of the Suvarnabhumi Airport linking the Burapha Withi Expressway and the expressway link between Kanchanaphisek Expressway (Bang Phli-Suksawat) and Burapha Withi Expressway. Currently, the number of Easy Pass cards sold by EXAT is 1,201,119 (data as of September 30, 2016). At present, EXAT accommodates Easy Pass users by increasing more access of top-up service through external organizations by means of ATM, internet banking and mobile banking which are operated by 7 commercial banks including Krungthai Bank Public Company Limited, Siam Commercial Bank Public Company Limited, Kasikornthai Bank Public Company Limited, Bangkok Bank Public Company Limited, TMB Bank Public Company Limited, Bank of Ayudhya Public Company Limited and United Overseas Bank (Thai) Public Company Limited . In addition, easy top-up service has been provided by 4 private companies, namely Counter Service Co., Ltd. through convenience stores, Easy Top-up Co., Ltd. through Visa credit card, Ek-Chai Distribution System Co., Ltd. through “Tesco Lotus Cashier Service Counter” and True Money Co., Ltd. through Wallet by True Money. Furthermore, EXAT has launched and operated Easy Pass Fast Service at PTT petrol service station, Office of the Permanent Secretary for Defence’s Welfare Branch (Bang Na, Outbound), from 09:30-15:30 hrs, Monday-Saturday, which is another service channel to facilitate the users. Apart from that, EXAT and the Department of Highways are in the process of launching a joint electronic toll collection system service which the M-Pass and the Easy Pass are linked by October 2016. Right-Of-Way Development In fiscal year 2016, EXAT develops a total area of 10,796.47 square wah for public utility. Followings are examples of the areas implemented. Si Rat Expressway 1. Makkasan Interchange area to construct a public park covering total area of 4,938 square wah 2. Thongpoon Hotel area, Rama VI Road to build sports ground covering total area of 419 square wah 3. Bicycle Project area (Sammakkhi Road-Soi Bua Khwan Temple Section) to install cement power poles-power cables covering total area of 359 square wah 86 Annual Report 2016

Chalong Rat Expressway 1. U-turn area under the bridge of Soi Sun Wichai to launch a book house project covering total area of 191 square wah 2. The area near Soi Sukhonthasawat to construct sports ground covering total area of 1,215 square wah 3. From pier 19+814.800 to pier 19+874.800 for car parking covering total area of 374 square wah 4. U-turn area before Tesco Lotus department store to improve and increase more U-turn points, covering total area of 1,200 square wah 5. Soi Ram Khamhaeng 4 for car parking covering total area of 545 square wah Udon Ratthaya Expressway 1. Soi Phra Mae Maha Karun (Our Lady of Mercy Church) to store the seized vehicles covering total area of 499 square wah 2. Soi Bang Phun Temple to improve roadways and install lights covering total area of 2,276 square wah EXAT Website Service (www.exat.co.th) EXAT has managed to publicize information and overall achievement through www.exat.co.th. The information displayed on the website has been regularly updated and developed. Smart Interactive Map (SIMAP) and schematic map are provided to demonstrate traffic report system with color-coded line on the map to help verify data accuracy with the intelligent traffic sign (ITS) system, enabling interested expressway users to study the route from real time traffic information prior to their travels. Any complaints on the service can be given by accessing the website page to facilitate expressway users and general public for inquiry of information, complaints and service suggestions. Additional channels used to publicize EXAT information via social media network include Facebook (http://facebook.com.Expessway.Thailand) and Twitter (https://twitter.com/ExatWebmaster). Visitors to the website via the said channels have increased continuously. In fiscal year 2016, there is an average of 5,874 website visitors/year. 87Annual Report 2016

EXAT Call Center Service EXAT Call Center 1543 provides EXAT’s information service concerning traffic route and condition on expressways, administrative assistances of emergency/accident or any requirement of assistance through cooperation so as to quickly accommodate and help expressway users and general public. It also obtains complaints as well as recommendations and follows up response to any complaints as soon as possible throughout 24 hours. In fiscal year 2016, EXAT improves the servicing and server security control systems and performs public relations of EXAT Call Center. Moreover, it has implemented a television and radio spot production project to publicize its service channels to general public via social network as well as facilitation and safety service project during the 2016 New Year and Songkran Festival, building a good image and confidence in the organization towards the service users. The average number of the customers/day is 1,321. EXAT Intranet, EXAT Sound, EXAT Digital Signage and Multi-Touch Systems (I-Touch) EXAT publicizes information internally through EXAT intranet, EXAT Sound, EXAT digital signage and multi-touch systems (I-Touch) in a form of news information, press releases, slides, video, graphic displays, texts and notifications useful for work performance. They also help improve learning and skill of personnel, create positive work environment and serve as the means of two way communication which is beneficial to personnel and organizational development as a whole. EXAT Public Information Center Service According to Article 7, 9 and 11 of the Official Information Act B.E. 2540 (1997), EXAT Public Information Center was established to provide information service to general public and give lectures on knowledge of the said act. The Center also serves as observation site for governmental and state enterprise sectors. It is located in front of EXAT head office. The address is 2380 Phaholyothin Road, Senanikhom Sub-district, Chatuchak District, Bangkok 10900, Tel. 0 2940 1196, 0 2558 9800 Ext. 2244, Fax. 0 2940 1198. It is opened in office hours from 8:30-16:30 hrs. Regardless of the said office hours, the contact can be accessed through EXAT Call Center 1543 throughout 24 hours (no exception of official holiday) or at the website www.exat.co.th for further information. 88 Annual Report 2016

One Stop Service Center EXAT has launched the One Stop Service Center at Chatuchak office building. The service provided consists of Easy Pass top-up service, issuing tax invoice, collecting rental payment of right-of-way area utilization, selling purchasing document, checking land acquisition and providing general information about expressway. The counter service is also provided to the customers. Customer Relation Activity 1. The 1st Expressway across the City of Year 2016 EXAT in collaboration with traffic radio station 91 launched the “Expressway across the City: Fish and Shellfish Home Construction to Follow in Our Father’s Footsteps” campaign during the period of March 12-13, 2016, engaging the expressway users in the fish and shellfish home construction activity. The attendees also jointly freed the life of crabs back to the nature at Kung Krabaen Bay Royal Development Study Centre in Chantaburi Province. 2. The 2nd Expressway across the City of Year 2016 EXAT in collaboration with traffic radio station JS 100 launched the “Expressway across the City: Amazing, Man-made Forest by Turning Empty Shrimp Farm into Mangrove Forest” campaign to promote a good relationship between EXAT and expressway users during the period of August 27-28, 2016 in Prachuap Khiri Khan Province. Public Relations Activity Public Service Unit launched during the New Year and Songkran Festival 2016 According to facilitation, security and safety plan, EXAT in collaboration with governmental agencies and alliance companies launched the public service unit through the New Year Festival 2016 between December 24, 2015 and January 4, 2016 in order to provide service and facilitate expressway users’ travel. Toll fee of Burapha Withi Expressway, the elevated road at the southern part of the Suvarnabhumi Airport linking Burapha Withi Expressway and the expressway link between Kanchanaphisek Expressway (Bang Phli-Suksawat) and Burapha Withi Expressway was exempted during the period of December 25, 2015-January 3, 2016. In addition, EXAT launched the public service unit through the Songkran Festival 2016 during the period of April 8-18, 2016. Toll fee of Burapha Withi Expressway, the elevated road at the southern part of the Suvarnabhumi Airport linking Burapha Withi Expressway and the expressway link between Kanchanaphisek Expressway (Bang Phli-Suksawat) and Burapha Withi Expressway was exempted during the period of April 9-17, 2016. Check point service such as initial motor inspection, tire inflating, distilled water battery fill up and battery check was provided as well as the rest stop offering drinking water, coffee and refreshing towels free of charge. 89Annual Report 2016

Social and Public Interest Activity 1. Sharing Smiles with Kids surrounding Expressway On January 8, 2016 EXAT organized the activity “Sharing Smiles with Kids surrounding Expressway” on the occasion of the National Children’s Day 2016 to present scholarships, conference chairs, cheerleading equipment, sports clothes, sports shoes as well as Thai and Western musical instruments to Bang Kruai Elementary School (Wat Si Prawat School). 2. “Volunteer Spirit by Thai Expressway” On March 28, 2016 EXAT organized the activity “Volunteer Spirit by Thai Expressway” led by EXAT executives, regular employees, temporary employees and people in Wimuttiyaram Temple community and the communities nearby to jointly clean up the temple areas including both old and new ordination halls and provide financial support to Prapariyatti Dhamma School of the temple as well as cleaning supplies to Wimuttiyaram Temple. 3. “Dream-Weaving for Thai Kids” Project EXAT launched “Dream-Weaving for Thai Kids” Project by organizing the “Young EXAT Futsal Cup” activity on April 28, 2016 at EXAT sports ground. 8 youth futsal teams from the communities surrounding expressway right-of-way participated in this competition. EXAT provided sports equipment and financial support for futsal to every team taking part in this activity as well. 4. “Magic Box to Save the Earth” Project On June 13, 2016 EXAT and Ampol Food Processing Co., Ltd. mutually signed the Memorandum of Understanding on collaboration and participation in the “Magic Box to Save the Earth” project for fiscal year 2016 to present 240 sets of student desk and chair made from recycled UHT cartons to schools in need in Chaiyaphum and Nakhon Nayok provinces. In addition, it also offered a financial support of Baht 100,000 to Ban Nonsaad School in Chaiyaphum Province, Baht 112,000 for air conditioner purchase and Baht 35,000 for scholarship to the schools in Saraburi Province. 5. National Day for the Elderly 2016 On June 20, 2016 EXAT launched the activity “EXAT’s Love Giving on the occasion of the National Day for the Elderly 2016” at Kanchanaphisek Expressway (Bang Phli-Suksawat) Central Control Building to provide health care training to the elderly from Chotiwat and Wimuttiyaram Temple communities. Apart from that EXAT arranged a sightseeing trip to Erawan Museum for them as well. 6. Expressway for Youths 2016 On July 1, 2016 EXAT organized the scholarship award event of “Expressway for Youths 2016” to present 33 scholarships divided into each of Baht 10,000 awarded to the selected youths, aiming to offer educational support to the youths in need whose schools were located close to the expressway right-of-way communities and build up a good relationship between EXAT and the communities along expressway right-of-way. 7. “EXAT Youths” Project EXAT organized “EXAT Youths” Project twice in fiscal year 2016. 1st time on February 27, 2016 at the Golden Jubilee Museum of Agriculture, Khlong Nueng Sub-district, Khlong Luang District, Pathumthani Province representatives and youths from 9 communities surrounding the expressway right-of-way were offered to participate in the learning activity involving His Majesty King Bhumibol Adulyadej’s information and remarkable talents and self-sustaining agriculture practice. 2nd time on September 3, 2016 at Chulachomklao Royal Military Academy, Phrommani Sub-district, Muang Nakhon Nayok, Nakhon Nayok Province, representatives and youths from 10 communities surrounding expressway right-of-way were taken to attend the adventurous and learning activity through nature trail. 90 Annual Report 2016

EunXdeArTth’esO2ffi0ci1al6InfOorpmeatrioantAioctnB.E. 2540 (1997) EXAT’s operation adheres to the Official Information Act B.E. 2540 (1997) as described below. 1. Monitoring work performance pursuant to the Official Information Act B.E. 2540 (1997) 1.1 Make an Announcement on organization structure and management, authority, procedures and contact venue for EXAT’s dissemination of information in 2012 which was promulgated in the Royal Government Gazette, Vol. 129, Special Part 81 Ngor dated May 16, 2012. Effective March 23, 2012, the announcement has assigned the Information Division (ID) under the Office of the Governor (OG) to serve as the focal point for EXAT information services and operate EXAT Call Center as well as EXAT Public Information Center. The Division shall also provide information according to Article 9 of the Official Information Act B.E. 2540 (1997) for general public access and cooperation to ensure any performance in compliance with the Official Information Act B.E. 2540 (1997). 1.2 Set as significant policy of the state agency by emphasizing on “Disclosure is the core, concealing is an exception.” since the Act came into forces. EXAT issued an announcement of policy on adherence to the Official Information Act B.E. 2540 (1997) dated April 24, 2012. 1.3 Establish EXAT Information Center (since December 3, 1998) under the Information Analysis and Dissemination Section, Information Division, Office of the Governor. EXAT Information Center is located in front of EXAT head office (Chatuchak), 2380 Phaholyothin Road, Senanikhom Subdistrict, Chatuchak District, Bangkok 10900 Telephone 0 2490 1196, 0 2558 9800 Ext. 2244; Facsimile 0 2940 1198 on weekdays from 08:30-16:30 hrs. After office hours, contact EXAT Call Center No. 1543 throughout 24 hours (7 days a week). For more information, contact via EXAT website at www.exat.co.th. 1.4 Appoint Deputy Governor for Law and Land Acquisition to supervise any performance in compliance with the Official Information Act B.E. 2540 (1997) and appoint “EXAT Information Committee” composing of Deputy Governor for Law and Land Acquisition as Chairperson, Department/Office Directors as committee member and Director of Information Division as committee member and secretary. The Committee is in charge of determining policy and measures and giving suggestions on adherence to the Official Information Act B.E.2540 (1997) as well as the Rule on Official Secrets Protection B.E. 2544 (2001). 91Annual Report 2016

1.5 Arrange the internal audit on public information services complying with principles of information technology disclosure and transparency which is considered one of the corporate governance (CG) approaches. Suggestions were given for better improvement of work. 1.6 Issue the Announcement on fee collection, request for a copy or certified true copy of EXAT information dated June 15, 2012. 1.7 Provide the Regulation on EXAT Information (2nd Issue) B.E. 2555 (2012) dated June 15, 2012. 2. Recognition/Award 2.1 Selected as a role model on public information services and adherence to the Official Information Act B.E. 2540 (1997); Ministerial Level on July 1, 1999. 2.2 Awarded certificate showing appreciation on the establishment of Public Information Center for general public service as role model on its performance following the Official Information Act B.E. 2540 (1997) on January 14, 2008. 2.3 Obtained shield award of outstanding organization from Prime Minister (Mr. Abhisit Vejjajiva) in good cooperation of Public Information Center establishment in fiscal year 2010 on February 4, 2011. 2.4 Obtained State Enterprise Excellence Award on the “2012 Operational Plan of EXAT Information Center following the Official Information Act B.E. 2540 (1997)” in the contest of Corporate Governance Promotion Plan for State Enterprise in Year 2012 organized by the Office of the National Anti-Corruption Commission (NACC). The shield of honor and 150,000 Baht in cash was awarded by NACC Chairman on November 16, 2012. 2.5 Obtained shield of honor award as a role model in establishment of Public Information Center in year 2012; Ministerial Level awarded by Minister of Prime Minister’s Office (Mr. Varathep Ratanakorn) representing Prime Minister (Ms. Yingluck Shinawatra) as chairperson of the Official Information Board on August 9, 2013. 3. Promotion and development of knowledge and understanding on principles, essence, benefits and guidelines on the exercise of rights under the Official Information Act B.E. 2540 (1997) 3.1 Invited continuously by external agencies to give lectures on the Official Information Act B.E. 2540 (1997) since 1999. Mr. Pongsak Jumsai Na Ayudhya, Director of Information Division, has been assigned as a lecturer posted in the Office of the Permanent Secretary, the Prime Minister’s Office by lecturing on knowledge of the Official Information Act B.E. 2540 (1997) to executives and employees of public and private sectors. In 2015-2016, he has been invited as a lecturer by the following organizations: • The Department of Fisheries on December 22, 2015 • EXAT’s training program on the “Official Information Act B.E. 2540 (1997) and EXAT’s Regulation on EXAT Information B.E. 2553 (2010)” course on February 12, 2016 92 Annual Report 2016

3.2 Requested by the following external organizations for observation of EXAT Public Information Center in 2015-2016: • National Statistical Office on July 5, 2016 • Government Housing Bank on July 12, 2016 3.3 Organized on-the-job (OTJ) training regarding the courses on “Knowledge of the Official Information Act B.E. 2540 (1997)”, “Knowledge of the Rule on Official Secrets Protection B.E. 2544 (2001)” and EXAT’s Regulation on EXAT Information B.E. 2553 (2010)” for EXAT employees annually to comply with standard key performance indicators for disclosure of official information as follows: • Provided training course on the “Official Information Act B.E. 2540 (1997) and EXAT’s Regulation on EXAT Information B.E. 2553 (2010) to approximately 200 personnel including EXAT’s information coordination officer as well as EXAT’s regular and temporary employees at Conference Room 2301, 3rd floor, EXAT Building 2 (Head Office), Chatuchak on February 12, 2016. • Provided training course on “Skills and Compliance with the Rule on Official Secrets Protection B.E. 2544 (2001)” to approximately 92 personnel including EXAT’s registrar of classified information and his/her assistant in accordance with EXAT’s Order No. 382/2014 dated December 23, 2014 as well as Section Chiefs at Conference Room 2301, 3rd floor, EXAT Building 2 (Head Office), Chatuchak on July 1, 2016. 4. Information services as requested by general public and responses to consultation In fiscal year 2016, 66 people made a request for information review at EXAT Public Information Center (Data as of September 30, 2016) which was the information according to Article 7, 9 and 11 of the Official Information Act B.E. 2540 (1997). EXAT has improved the information retrieval system and document files, arranged pamphlets introducing EXAT Public Information Center as well as public relations bulletin board and provided the place for information services. Additionally, questionnaire of survey on customer’s satisfaction have been distributed for public opinion and adopted it for further consideration on information disclosure. 93Annual Report 2016

Report of the Board of Directors’ Responsibility for the Financial Report The Expressway Authority of Thailand’s Board of Directors is aware of its responsibility for supervising the organization’s financial report to ensure that the financial statements are prepared in line with financial reporting standards as well as appropriate accounting policies pursued on a regular basis, contain disclosure of adequate and proper information and obtain an audit and certification from the Office of Auditor General. The Board of Directors has appointed an Audit Committee consisting of independent members to supervise, inspect and verify the financial report, risk management system, internal control system as well as internal audit so that they are efficient and in compliance with the applicable rules and regulations. The Board of Directors is of the opinion that EXAT’s financial report for the year ended September 30, 2016 is reliable and accurate in accordance with financial reporting standards and generally accepted accounting principles respectively. General  (Viwat Suchart) Chairperson 94 Annual Report 2016

Auditor’s Report and Financial Statements Expressway Authority of Thailand For the year ended September 30, 2016 Office of the Auditor General 95Annual Report 2016

Auditor’s Report Presented to the Board of Directors, Expressway Authority of Thailand The Office of the Auditor General has audited financial statement as of September 30, 2016 showing comprehensive income statement, capital changes statement and cash flow statement for the year ending on the same day of each year of the Expressway Authority of Thailand (EXAT) of which the management of EXAT is responsible for the accuracy and completeness of the information therein. The executive’s responsibility for financial statements The executive is responsible for preparation and presentation of these financial statements in accordance with financial reporting standards and is responsible for the internal control which the executive considers that it is necessary for preparing financial statements with clear evidence in contrary to the material facts. The auditor’s responsibility The Office of the Auditor General is responsible for the opinions on the financial statement as a result of the audit by the Office of the Auditor General. The Office of the Auditor General has performed the audit in accordance with the generally recognized auditing standards which stipulate that the Office of the Auditor General has to plan and perform the audit so as to bring about reasonable confidence in the results of the audit that the financial statement has displayed clear evidence in contrary to the material facts or not. The audit includes employing methods to get evidence about the amounts and information disclosures in the financial statements. The method depends on auditor including the risk assessment of data which against the principle facts of the financial statements whether it due to fraud or error. In this risk assessment, the auditor considers internal control relevant to the preparation and presentation of the financial statements by the requirement of the Expressway Authority of Thailand to design the methods that is appropriate to the situation but it is not for the suggestion on the effectiveness of the Expressway Authority of Thailand’s internal control. The audit also includes the appropriate assessment of accounting policies and the reasonable accounting estimates which made by experienced management, as well as the assessment of presentation in the overall financial statement. The Office of the Auditor General believes that such an audit would arrive at the conclusions with appropriate criteria in the expression of opinion by the Office of the Auditor General. Opinion The Office of the Auditor General opines that the above mentioned financial statements as of September 30, 2016, performance and cash flow ending on the same day of each year of the Expressway Authority of Thailand were accurate in accordance with the generally accepted financial reporting standards. Information and emphasized incident Without expressing the opinion with condition in the matter to be stated next, the Office of the Audit General would like to draw attention to the note to the financial statements, item 4.25 on the liabilities that may arise as of September 30, 2016 as the Expressway Authority of Thailand has liabilities that may arise from being sued totaling 26 cases in the amount of Baht 38,472.88 million. The cases are currently under the consideration of the arbitral tribunal and the courts (Mrs. Nipaporn Punyanon) Financial Audit Office 4 Director (Mrs. Pawanrat Veluvasna) Office of the Auditor General Group Director December 9, 2016 96 Annual Report 2016

Financial Statements Balance Sheet  as of September 30, 2016 Unit : Baht 2015 Assets Notes 2016 3,356,513,782.73 Current Assets 2,951,796,257.12 10,529,386.16 11,236,523.79 Cash and cash equivalents 4.1 1,500,000,000.00 1,500,000,000.00 57,604,045.49 Contemporary investments 4.2 70,338,720.64 842,533,029.18 253,000,000.00 Receivables from joint venture company due within one year 4.6 266,899,355.37 1,887,092,396.24 7,654,272,639.80 Other receivables 5,053,270,856.92 131,487,988.68 Receivable budget 4.3 136,487,988.68 2,241,974,794.44 1,302,508,127.77 167,621,739,935.78 Other current assets 4.4 189,234,341,942.12 1,561,060,150.77 1,561,076,835.77 1,395,742,207.74 Total current assets 1,543,103,026.16 89,497,397.17 Non-current Assets 67,490,653.72 240,233.00 240,233.00 Fixed deposits with obligations 4.5 173,041,742,707.58 193,845,248,807.22 180,696,015,347.38 Receivables from joint venture company 4.6 198,898,519,664.14 Property, plant and equipment-Net 4.7 Land use rights 4.8 Construction in process 4.9 Deferred charges for engineering administration 4.10 Other non-current assets Total non-current assets Total Assets The accompanying notes are an integral part of the financial statements. 97Annual Report 2016

Balance Sheet (Continued)  as of September 30, 2016 Unit : Baht Debts and Capital Portion Notes 2016 2015 Current liabilities Trade and payables 4.11 1,639,603,066.60 2,052,641,659.76 Outstanding remittance to the State 958,606,000.00 - Long-term liabilities due within one year 4.12 9,900,000,000.00 10,350,000,000.00 Retention guarantees 83,221,125.99 69,404,611.37 Unearned revenue 1,016,813,799.98 950,631,713.53 Other current liabilities 4.13 262,896,655.69 311,443,359.99 Total current liabilities 13,861,140,648.26 13,734,121,344.65 Non-current liabilities Government loans 4.14 15,678,898,157.36 15,978,898,157.36 EXAT bonds 4.15 19,150,000,000.00 24,750,000,000.00 Long-term loans 4.16 - 200,000,000.00 Deferred income 4.17 34,823,533,279.38 13,313,010,484.85 Employee benefit obligations 4.18 956,053,354.24 914,480,814.77 Welfare fund 4.19 13,088,079.98 11,815,772.75 Other non-current liabilities 1,014,628.32 1,014,628.32 Total non-current liabilities 70,622,587,499.28 55,169,219,858.05 Total liabilities 84,483,728,147.54 68,903,341,202.70 Equity Capital 76,990,314,520.31 76,990,314,520.31 Accumulative profit : Deferred Appropriation 37,424,476,996.29 34,802,359,624.37 Total equity 114,414,791,516.60 111,792,674,144.68 Total liabilities and equity 198,898,519,664.14 180,696,015,347.38 The accompanying notes are an integral part of the financial statements. (Mr. Narong Gieddech) (Mrs. Supapan Jantavong) Governor of Expressway Authority of Thailand Director of Treasury and Accounting Department 98 Annual Report 2016