Page 90 - One report AUCT2024_Eng

Part 2
Corporate Governance
Executive remuneration
The Company has remuneration policy for executives motivation whith the rate based on the Company’s business performance and in line with the same type of business/ industry and suitable for each executive role and responsibility. The Company shall set the rate of remuneration to be competitive in the same industry in order to sustain the quality executives. The remuneration of executives including Chief Executive Officer is approved by the Board of Directors and has been considered by the Nomination and Remuneration Committee.
In 2024, the Company has 10 executives. The remuneration for executives are paid in form of salary, bonus and other benefits the same as employees, totaling of 30,325,212.00 Baht including the remuneration of the Executive and Sustainable Development Committee, Chief Executive Officer, and Managing Director.
In addition, the Company has provided a provident fund for the executives by contributing at the rate of 3 percent of the salary. In 2024, the Company has made contributions to the provident fund for executives in the total amount of 385,807.92 Baht.
Information on employees
As of 31 December 2024, the Company has employees (not including executives) in the amount of 490 persons which can be separated as follows;
Division / Department
Business Relations & Marketing Division Operation Division
Information System Division
Accounting & Finance Division
People and Culture Division
Internal Audit Office
Management and Strategy Office
Office of the Directors and Quality Enhancement Division
Amount (persons)
Total
31 December 2023
31 December 2024
49 326 20 41 44 6 4 -
48
309
15
30
14
Note: From 1 January 2024 onwards, the Company has restructured the organization by transferring the employees in the Office of the Directors and Quality Enhancement Division to be under the line of command of the People and Culture Division, the Operations Division and the Office of Management and Strategy.
446
6
24
-
490
90
Annual Registration Statement / Annual Report 2024
(Form 56-1 One Report)