Remuneration of Directors The Board of Directors has set up a fair and reasonable remuneration policy for its Directors in accordance with good corporate governance principles. The Nomination and Remuneration Committee determines suitable remuneration for Directors based on the Company’s financial standing, the economic circumstances relevant to the Company’s business, the principles and policies approved by shareholders, the responsibilities of the Board of Directors, the annual board performance assessment results, and the practices of other SETlisted companies of a similar size in the same industry. Directors appointed to Sub-Committees are entitled to additional remuneration due to their additional responsibilities. Directors’ remuneration must be approved by the shareholders. At the 2023 Annual General Meeting of Shareholders, held on April 7, 2023, the shareholders passed a resolution approving the 2023 remuneration of Directors and Directors to Sub-Committees and their bonus for the year 2023 as follows: (1) Remuneration for the Board of Directors and Sub-committees Type of Remuneration Remuneration Rate 1. Board of Directors Monthly Remuneration Chairman Baht 62,500 / Month Director Baht 50,000 / Month / Director Remuneration for Meeting Attendance Chairman Baht 50,000 / Meeting Director Baht 40,000 / Meeting / Director 2. Sub-committees Audit Committee Nomination and Remuneration Committee Corporate Governance and Sustainability Committee Risk Management Committee Remuneration for Meeting Attendance Chairman Baht 56,250 / Meeting Director Baht 45,000 / Meeting / Director 3. Others -No other benefits- (2) With regard to the bonus for the year 2022, in accordance with the resolution of the 2023 Annual General Meeting of Shareholders, held on April 7, 2023, the Board of Directors as a group was to be awarded a bonus for the year when a dividend payment was made to the shareholders. The total sum of this bonus equaled 0.30% of the year’s net profit and up to Baht 60 million. In 2023, GC refrained from paying annual bonuses for the Board of Directors due to the net operational losses incurred in the fiscal year 2022. 190
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