Page 78 - annual report AUCT 2025_Eng

Business Operation and Operating Results Corporate Governance Financial Statements Attachments
5. 6. The relationship with the management
The self-development and executive development
The assessment of the subcommittee and individual self-assessments is divided into 6 main topics
consist of:
1. 3. The structure and qualifications of the Board of Directors
2. Board meetings
The roles, duties and responsibilities of the Board of Directors
The calculation of the performance appraisal for each
topic is in percentage, by dividing into
more than 90% = excellent
more than 80% = very good
more than 70% = good
more than 60% = fair
and lower than 60% = require improvement.
The evaluation process is as follows:
Each committee evaluates the efficiency of the entire performance of the Board of Directors
1. once a year.
2. The Nomination and Remuneration Committee proposes the evaluation results to the Nomination
and Remuneration Committee to consider the evaluation results and the development guidelines for the
improvements of the operational efficiency of the Board of Directors
3. The Nomination and Remuneration Committee proposes remuneration to the Board of Directors
before proposing to the shareholders meeting. This was done by considering the evaluation of the Board
of Directors and the Company's overall performance at an appropriate level and in accordance with the
duties and responsibilities of the directors.
In addition, the Company has arranged for self-assessment of each director individually to develop
the functional capabilities of each board member, and the assessment results will be used as guidelines
for improvement and rectification of duties performed by the directors. In 2025, results from the assessment
on performing duties of the Board of Directors and every sub-committee were over 90%, which is in the
efficient level.
78
Annual Registration Statement / Annual Report 2025
(Form 56-1 One Report)