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The report on Corporate Governance Assessment of Capital Markets in Asia has been conducted every two

years, by the Asian Corporate Governance Association (ACGA), a non-profit organization, in cooperation with

Cr

é

dit Lyonnais Securities Asia (CLSA) Asian-Pacific Markets. The assessment focused on five areas: 1)

CG Rules &Practices 2) Enforcement 3) Political/Regulatory Environment 4) International Generally

Accepted Accounting Principles (IGAAP) and 5) CG Culture. There were 11 nations participating in the

CG Watch survey in 2014 and Thailand ranked 4

th

.

CG-ROSC is a corporate governance assessment standard, initiated by the World Bank, taking into account,

the corporate governance status, regulatory requirements and capital market criteria in countries participating

in the assessment, according to OECD principles. The latest assessment, in which 11 nations in Asia

and 51 countries worldwide participated. in 2013 showed that Thailand was number one with total score

of 82.83%

Corporate Governance-Report on the Observance of Standards and Codes (CG-ROSC)

CG Watch Assessment and Rating