Management-Level Committee
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To ensure efficient management within the Company, three management-level committees – namely, the Risk Management Committee, the Investment Committee, and the Commodity Risk Management Committee – have been established. These three management-level committees are obliged to report to the Audit Committee and the Board of Directors, accordingly.

Risk Management Committee

The Risk Management Committee is composed of:

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Chief Executive Officer
Deputy Chief Executive Officer
- Chief Operating Officer
- Chief Financial Officer
- Head of Corporate Services
- Head of Strategy and Business Development
- Senior Vice President (SVP) - Internal Audit.

Roles and Responsibilities of the Risk Management Committee
 
To define the risk management policy framework and process
To promote the implementation and monitoring of risk management strategies and policies

Banpu's Risk Management Policy
According to Banpu’s risk management policy, apart from professional risk assessment provision for capturing business opportunities to the company, any hazards or unforeseen event that threaten the Company’s achievement of business objectives or business plans shall be managed in a systematic manner and in accordance with the risk management best practices, in order to protect the Company from losses. 

Investment Committee

The Investment Committee is composed of:

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Chief Executive Officer
Deputy Chief Executive Officer
- Chief Operating Officer
- Chief Financial Officer
- Head of Corporate Services
- Head of Strategy & Business Development

Roles and Responsibilities of the Investment Committee
 
To assist CEO in evaluation of project opportunities
To allocate resources to appropriate development stage in Banpu’s best interest

Banpu's Investment Policy
Among others, the following, but not limited to, key assessment areas shall be considered by the Investment Committee:
- Strategic fit with the Company’s objectives
- Equity participation / Management control
- Project economics in relation to the undertaking’s risks
- Technology
- Financing structure / Portfolio impact
- Social and environmental impact

Commodity Risk Management Committee

The Commodity Risk Management Committee is composed of:

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Chief Executive Officer
Deputy Chief Executive Officer
- Chief Operating Officer
- Chief Financial Officer
- Head of Strategy & Business Development
- Head of Marketing, Sales & Logistics
- Financial Advisor

Roles and Responsibilities of the Commodity Risk Management Committee
To oversee and carry out the Company’s day-to-day commodity risk management (at present, only Coal and Fuel Oil)
To establish and maintain an effective management control system for the commodity hedging, and supervise the risk monitoring and control to ensure conformity with all regulatory requirements
To inform the Board of the progress of its principal works through CEO/President, Director or a designated person
Banpu's Commodity Risk Management Policy
To avoid and mitigate risks due to changes in market-price conditions
To stabilize the Company’s net revenue