Page 191 - 56-1 One Report 2022 EN

Part 2 Corporate Governance

Remarks
(1)
Mr. Kanit Vallayapet was appointed as Independent Director and Member of the Audit and Risk Committee in replacement of
Asst. Prof. Dr. Pareena Srivanit, effective 6 May 2022, according to the resolution of the Board of Directors Meeting No. 5/2022
held on 6 May 2022.
(2)
Mr. Patompob Suwansiri was appointed as Director in replacement of Mr. Anant Kaewruamvongs, effective 1 January 2022,
according to the resolution of the Board of Directors Meeting No.17/2021 held on 13 December 2021.
2) Remuneration of Directors

2.1 Remuneration’s criteria

The Company established a remuneration scheme for Directors based on their duties, responsibilities, and
performance. The Chairman of the Board of Directors and Chairman of the Audit and Risk Committee have received
additional compensation according to their duties and responsibilities. The compensation is compared with
directors’ compensation at other listed companies of similar type and size. The level of compensation shall be set
to motivate and retain quality directors on the Company’s Board. The directors of the Company shall be entitled to
receive remuneration, such as monthly allowance, meeting allowance, per diem allowance while traveling for the
Company’s business, and bonuses, in which the remuneration and budget shall be approved at the shareholders
meeting.
Concerning the remuneration of directors for 2022, shareholders at the 2022 Annual General Meeting of
Shareholders, held on 25 March 2022, approved total remuneration for the Board of Directors and sub-committees
in an amount not exceeding Baht 20 million. The policy of monetary remuneration for the Chairman, Independent
Directors, and Non-Executive Directors includes monthly allowances, meeting allowances, and bonuses as follows:

Monetary Remuneration for 2022 (Baht)
Meeting
Position Monthly Allowance Annual
Retainer Remuneration
(per meeting)

Board of Directors
Chairman 250,000  
Director 95,000  

Audit and Risk Committee
Chairman 25,000 25,000 

Member  25,000 
Other Sub-Committees

Chairman 10,000 25,000 
Member  25,000 

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Part 2 page 67