Page 127 - 56-1 One Report 2022 EN

Part 2 Corporate Governance

Directors’ Development

The Board of Directors encourages and supports directors and executives to receive training and knowledge that
is beneficial to their duties. All newly appointed directors must participate in the Company’s director orientation
program in order to be adequately briefed on the Company’s information, code of conduct, policies, and business
information prior to assuming their responsibilities.

The Company provides directors and executives with opportunities to attend special training courses and seminars
related to their specific duties, particularly those seminars and training sessions organized by the Thai Institute of
Directors (“IOD”) or the Stock Exchange of Thailand (“SET”) so that they may familiarize themselves with their duties
and the manner of performing those duties efficiently.

Evaluation of the Board of Directors

1. A formal performance evaluation of the Board as a whole and the individual directors is conducted annually.
The results are used as a basis for strengthening the effectiveness of the Board and developing its members.
The Company will consider engaging an independent consultant to undertake the evaluation of the Board as
appropriate for transparency and reliable evaluation

2. The evaluation process starting from the Nomination and Compensation Committee is to assign the Company
Secretary Office in distributing the Self-Assessment forms to the members of the Board and members of sub-
committees to complete the Self-Assessment forms, and is a framework for reviewing their performance during
the past year. The evaluation forms used are those developed by SET and IOD. This is done at least once a
year for the Board to consider and review the operation as well as to bring suggestions together to improve
efficiency and increase the effectiveness of the Board's performance of duties.

After collecting all evaluation forms, the Company Secretary’s Office will summarize all scores, including criteria
and processes of evaluation, and present the results to the Nomination and Compensation Committee for
consideration, and present the findings to the Board for acknowledgment.
6.1.2 Policies and Practices related to Shareholders and Stakeholders covering Equitable Treatment of

Shareholders
The Company recognizes the crucial role that strong stakeholder relationships play in supporting its sustainable
growth and continuous business expansion. A positive relationship with stakeholders is a vital factor that will enable
the Company to achieve its goals and ensure a bright future for its operations. The Company has determined
policies and practices related to all shareholders and stakeholders in the Corporate Governance Policy under the
areas of equitable treatment of shareholders and the role of stakeholders, which are summarized as follows.

Rights and Equitable Treatment of Stakeholders
Shareholders own the Company, controlling it by appointing the Board of Directors (Board) to act as their
representatives. Shareholders are eligible to make decisions on any significant corporate change. The Board is
dedicated to representing shareholders in an ethical and honest manner while conducting business. The objective
is to drive the growth and stability of the business, while delivering consistent and long-term returns to shareholders
in accordance with established guidelines for the treatment of shareholders. Therefore, the Board’s policy is to

Part 2 page 4