Good Corporate Governance Principles and Code of Business Ethics (Edition 2022) 06 Definition EGCO/Company means Electricity Generating Public Company Limited. EGCO Group means Electricity Generating Public Company Limited, Subsidiaries, Joint Ventures, and Associates. Joint Ventures means entities in which EGCO or Subsidiaries invest and gain joint control depending on contractual rights and obligations with partner(s) aside from legal structure of the joint arrangement. Investment in joint ventures is solely accounted for equity method for consolidated financial statement. Associates means entities on which EGCO has a significant influence but has no rights for controlling power or has a joint control over investment. Investment in associates is solely accounted for equity method for consolidated financial statement. Executives means the President, Senior Executive Vice Presidents (SEVP), and Executive Vice Presidents (EVP). Subsidiaries means entities both in Thailand and overseas under the controlling power of EGCO. Personnel means Directors, the President, Executives, officers at all levels, and all kinds of employees acting as EGCO Group’s Personnel.
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