Colonel Dusadee Aryawuit, Mr. Thanwa Laohasiriwong, Mr. Predee Daochai, and Mr.Petai Mudtham. The Board of Directors resolved to approve the appointment of these candidates as Directors as instructed by the Nomination and Remuneration Committee. Nomination and appointment of members of Subcommittees: The Nomination and Remuneration Committee reviewed and nominated qualified Directors in accordance with the Director nomination and appointment criteria and procedure as well as the charter of each Sub-Committee to propose at the meeting of the Board of Directors for appointment as members of Sub-committees, namely, the Audit Committee, the Corporate Governance and Sustainability Commi ttee, the Nominat ion and Remunerat ion Committee, and the Risk Management Committee. The Board of Directors resolved to approve the appointment of the candidates as Directors as instructed by the Nomination and Remuneration Committee. Review of Independent Director qualifications: Of GC’s 15 Directors, a total of nine were Independent Directors, exceeding the requirement set forth in Notification of the Capital Market Supervisory Board No. Tor Jor. 39/2559 Re: Application for Approval and Granting of Approval for Offering of Newly Issued Shares under the Securities Exchange Commission (SEC), which stipulated that the number of Independent Directors shall be at least one-third of the total number of Directors but shall not be lower than three. All Independent Directors were fully qualified as defined by GC’s Independent Director qualification requirements, the charter of Independent Directors, and the notification of the Capital Market Supervisory Board, and were able to express opinion independently in compliance with relevant criteria and corporate governance principles. Development of Directors, Executives, and Company Secretary Development and Training for Directors GC has put in place a process to support the consistent development of its Directors. In 2023, the Company carried out the following activities: Orientation for new Directors: Newly appointed Directors were required to attend the board orientation, which included a presentation on GC’s nature of business, business data and practices, as well as applicable rules and regulations, corporate governance principles and the business code of conduct, and useful information for the position. Additionally, the Company prepared handbooks and other documents required to perform their roles, namely the strategic plan, the Company’s Articles of Association, Memorandum of Association, Form 56-1 One Report, related rules and regulations, and GC’s Corporate Governance and Business Code of Conduct Handbook. GC encouraged Directors to participate in the following programs/seminars required for their duties: Director Program/Institute 1. Mr. Chadil Chavanalikikorn Director Certification Program (DCP), Class 340/2023 Thai Institute of Directors Association (IOD) GC organized a training session for the Board of Directors as a whole on the topic of “What’s and Why’s for Board of Directors to Guide a Refining and PET-Chem Company,” hosted by the Petroleum Institute of Thailand, in order to inform the Board of the trends in the business landscape in the next normal era, principles for analyzing and monitoring the situation in the petrochemical industry and refinery business, as well as the assessment and formulation of measures to address risks that may impact the business operation for use in establishing GC’s strategic direction and action plans, supervising the operation, and seeking opportunities for business expansion to ensure GC’s competitiveness. 185 PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED Form 56-1 One Report 2023
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