Page 136 - Thailand Post Annual Report 2024

Part 1
Overview of the Organization
Part 2
Business Trends
Part 3
Business Model
Part 4
Strategies and Resource Allocation
Part 5
Risk
Part 6
Corporate Governance
Part 7
Operating Results
Part 8
Other Information
Remuneration of the Board of Directors, Subcommittees and Senior Executives
THP transparently paid the remuneration to THP Board of Directors in accordance with the letter of Ministry of Finance, Very Urgent, No. Kor Khor 0803.2/ Wor 96 dated 17 May 2019 and the letter of Ministry of Finance, Very Urgent, No. Kor Khor 0803.2/ Wor 90 dated 19 August 2019 Re : Circulation of Guidelines for the Rates and Rules of Monthly Remuneration and Meeting Allowance Payment to State Enterprise Board of Directors, Committees and Subcommittees, or Working Groups under the Cabinet Resolution dated 24 April 2019 as follows :
• Monthly remuneration
- Directors were paid 10,000 baht per person per month. In case that any director’s holding office period is less than one full month, the remuneration will be paid on pro rata basis.
- Chairman received the remuneration in the amount twice the rate paid to directors.
• Meeting allowance
- Directors received the meeting allowance at the rate of 20,000 baht per meeting per person, once a month. If necessary, THP might consider paying the meeting allowance more than once a month but not exceeding 15 times a year.
- Chairman received the meeting allowance 25 percent higher than directors.
- Directors received the meeting allowance in the case that they were assigned to perform additional duties in any
subcommittee or working group at the rate of 0.5 time of the meeting allowance for THP Board of Directors’ meeting. Only attending directors received this allowance. Directors shall receive the meeting allowance for participating in the meetings of not more than 2 subcommittees or working groups in the month, each group not more than once a month.
• Annual Bonus
THP will consider bonus payments based on the performance and state enterprise performance assessment results. However, in 2024, the Ministry of Finance approved the decision to suspend the payment of directors' bonuses from the performance results of 2023 in accordance with the Notification of the Ministry of Finance Re : Resolutions of the 2024 Annual General Meeting of THP Shareholders, announced on 6 September 2024.
In 2024, the remuneration paid to the THP Board of Directors is shown below :
1 540,000.00
2 590,000.00
3 552,500.00
4 627,500.00
5 550,000.00
6 730,000.00
7 777,500.00
8 602,500.00
9 607,500.00
10 164,193.54
11 4,516.12
12 600,000.00
No.
Directors
Remuneration (baht)
Monthly Pay
Meeting attendance fees
Other Meeting attendance fees
Total Remuneration
Mr. Rathapol
Bhakdibhumi
240,000.00
300,000.00
-
Pol.Gen. Sompong
Chingduang
120,000.00
240,000.00
230,000.00
Nattapon
Nattasomboon, Ph.D.
120,000.00
240,000.00
192,500.00
Mr. Putchapong
Nodthaisong
120,000.00
240,000.00
267,500.00
Mrs. Kitjalak
Srinuchasart
120,000.00
220,000.00
210,000.00
Prof. Parichart
Sthapitanonda, Ph.D.
120,000.00
240,000.00
370,000.00
Seree
Nonthasoot, Ph.D.
120,000.00
240,000.00
417,500.00
Asst. Prof. Somchai
Supphatada
100,000.00
200,000.00
302,500.00
Asst. Prof. Ake
Pattaratanakun, Ph.D.
120,000.00
200,000.00
287,500.00
Mr. Chutidej
Chayuti
50,000.00
74,193.54
40,000.00
Narongchai
Wongthanavimok, Ph.D.
4,516.12
-
-
Dhanant
Subhadrabandhu, Ph.D.
120,000.00
240,000.00
240,000.00
134 Thailand Post Company Limited