Page 105 - PSTC - One Report 2023 (EN)

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Power Solution Technologies Public Company Limited
The Risk Management Committee consists of no less than three directors who are appointed by the Board of Directors’ meeting. The Board of Directors shall appoint one member of the Risk Management Committee as the Chairman of the Risk Management Committee.
The Risk Management Committee must consist of knowledgeable and capable individuals who possess honesty and business ethics in line with the Company’s operations. They must also have sufficient time for knowledge and ability development to perform their duties. In addition, they must possess all necessary qualifications and not have any prohibited characteristics according to the laws on public companies and other related laws. They cannot operate a business with the same status and in competition with the Company’s business, be a partner, or a director of another juristic person which operates a business of the same nature and in competition with the Company’s business for the benefit of oneself or others, unless they are informed of such resolution from the Board of Directors’ meeting.
The Risk Management Committee consists of at least one expert in finance, accounting or risk management.
The Chairman of the Risk Management Committee appoints a secretary to the Risk Management Committee to assist the operations of the Risk Management Committee, such as setting the meeting appointment, preparing the meeting agenda, sending the meeting documents, and recording the meeting minutes.
The Nomination and Remuneration Committee
As of 31 December 2023, the Nomination and Remuneration Committee consisted of the following:
The Nomination and Remuneration Committee members are appointed by the Board of Directors. They consist of not less than three directors, with half of the total number of directors being independent directors. The Board of Directors shall appoint one member of the Nomination and Remuneration Committee as the Chairman of the Nomination and Remuneration Committee.
The Nomination and Remuneration Committee must consist of knowledgeable, skilled, and honest individuals who are ethical in their business operations. They must have sufficient time to develop their knowledge and skills to perform their duties for the Company. They must possess all necessary qualifications and must not have any prohibited characteristics according to the laws on public companies and other related laws. They cannot operate a business with the same status and in competition with the Company, nor can they be a partner or director of another juristic person which operates a business of the same nature and in competition with the Company’s business for the benefit of oneself or others, unless they are informed of such resolution from the Board of Directors’ meeting.
The Chairman of the Nomination and Remuneration Committee appoints a secretary to the Nomination and Remuneration Committee to assist for the operations of the Nomination and Remuneration Committee, such as setting the meeting appointment, preparing the meeting agenda, sending the meeting documents, and recording the meeting minutes.
No.
Name
Position
1. Dr.Sakul Pochanart Independent Director / Chairman of Nomination and Remuneration Committee
2. Mr. Vorapong Jamjod Independent Director / Nomination and Remuneration Committee
3. Mr.Tanadit Charoenchan Independent Director / Nomination and Remuneration Committee