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1. The Company received the Thailand Sustainability Investment (THSI) award 2020 from the Stock Exchange
of Thailand (SET).

2. The Company was certified for the 1st time by Thailand’s Private Sector Collective Action Coalition against
Corruption (CAC) on Quarter 2/2020.

3. The Company scored 100/100 on the “AGM checklist” assessment for the 3rd year consecutively for the quality
of Annual Shareholders’ Meeting. In 2020 the meeting was held in a new normal style due to COVID-19 situation.

4. The Company received 5 stars “Excellent” for the Corporate Governance Report of Thai listed companies.

5. The Company received ASEAN Asset Class Publicly Listed Companies Award in the 2019 ASEAN CG Scorecard.

Other Matters of Corporate Governance

Matter which the Company is still unable to apply the principles from the SEC CG Code 2017:

1. The Board of Directors should limit the consecutive years an Independent Director can work in his/her position
at 9 years. The Board of Directors must have a sound reason if the Board would like to appoint any Independent
Director beyond 9 consecutive years.

2. The Company should have an external corporate governance specialist or consultant to assist in the guideline
set up and Director evaluation at least every 3 years. The results of the work also have to be revealed in
the Annual Report.

The Company’s explanation

1. The Company’s Board has an appropriate number of members, which is 7. All the Directors are required to
prepare well before the meeting. They understand the operation of the Company. Three Independent Directors
having term over 9 years. Each of them is specialized in his field and difficult to find others with the same

level of expertise to replace. However, the Company has the Policy on Diversity of Directors and the revised
Good Corporate Governance Policy with the maximum number of directors not exceeding 12 persons
to support the expansion of the Company’s business.
2. The Company has performed the evaluation of the Board of Directors as a whole, the evaluation of the sub-committees

as respective groups and the evaluation of individual Directors annually. The results of the 2020 evaluation
are as follows.

• The average score for the Board of Directors as a whole is 91.31%
• The average score for the sub-committees as respective groups is 92.75%

• The average score for individual Director is 96.43%

However, the Board of Directors has already assigned the Nomination and Remuneration Committee to study
the evaluation via third party outside consultant for the upcoming years and report to the Board of Directors for
consideration.

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