Page 130 - Amata-one-report2020-en

Other remuneration

(a) Director Apart from monetary remuneration, the Company does not grant any other privileges to the Directors.
(b) Executives Four Executives’ provident fund of THB 1,295,688.61.

The accrued compensation occurred in 2021, namely, bonus of directors, which will be paid in 2021, must be
approved by the 2021 Annual General Meeting of Shareholders. The bonus of directors shall be in the same rate as
last year which is paid once a year at the rate of 1.2% of the dividend amount.

Control of the Company and its subsidiary companies

Investment policy

The Company has the policy to invest in the following business activities :-
1. The Company will use our assets as an equity in a joint venture company; i.e, using the land as an equity
in a joint venture company.

2. The Company will invest in service businesses which will support activities and/or manufacturing of customers
in Amata industrial estates.

3. The Company will seek for business partners who have expertise in the business they are doing. The Company
will also seek for reputable partners with good management team, good image, and good and reliable background.

Control of the companies we are investing in

1. The Company will send an Executive who is capable in that particular business to act as a Director in a joint venture
company (the number of Directors from the Company will match with the shareholding ratio in a joint venture
company or under the agreement we have with a joint venture company.

2. Monitor the operating performance of the joint venture company under good and fair price policy. In the event
there are complaints from the customers, the Company will examine and remedy the complaints the soonest.
3. The staff of the Company will coordinate with the staff of a joint venture company in order to provide them with
good support.

4. In case there are any problems, the Executives of the Company will consult with the Executives of a joint venture
company to find good solutions.

Compliance to Corporate Governance Policy and Guidelines

The good corporate governance is important to the Company. The concerned policies and practices have been
stipulated in the Company’s Corporate Governance Policy and Business Ethics in order to promote the real practices.
These also build confidence among all groups of stakeholders. The Company has followed up to achieve the following
4 issues of good corporate governance as follows:

1. Conflict of Interests Prevention

In order to prevent situations in which the personal interests of Directors, executives or employees may conflict with
the interests of the Company, the Company has Policy on Prevention of conflicts of interest. This Policy controls the
Company’s transactions with connected persons which may cause conflicts of interest in order to create transparency
and fairness to all stakeholders. The principles of Policy are as follows:
1. A transaction mas be passed a transparent approval process by Directors and executives with duty of loyalty
and duty of care. The stakeholder in this transaction must not be any part of this decision.

130 56-1 One Report 2020