The Board of Directors is aware that shareholders are the full owners of the company and administer through the appointment the Board of Directors as their delegates and have a right to make decision on any significant changes. The company supports shareholders to exercise their rights such stock selling or purchasing, transaction, profit allocation, information notification, voting in shareholders’ meeting to discharge the committee, appoint account auditors and other effected issues to the company such as dividend allocation, regulations determination/adjustment and the Memorandum of Association, capital increase or decrease and particular issues’ approvals.

The Board of Directors has the policy to treat all shareholders equally, fairly, as well as facilitating the shareholders in the meeting participation, receiving information and the rights to vote in the Shareholders’ Meeting. In each meeting, the board of directors gives the opportunity to every shareholder equally to ask questions, give opinions, and advices to the company. Also, the company will assist the shareholders in the meeting to encourage the rights to vote. The company will send Proxy Forms, along with the Meeting Invitation in case the shareholders are unable to attend the meeting. The shareholders can appoint someone else or the independent directors as proxy to attend the meeting, and shall have the rights to vote as stated by the shareholders.

In the Shareholders’ Meeting, the Board of Directors must make a letter of appointment of the meeting with specific details and send to the shareholders not less than 7 days for the shareholders’ thorough decision. Also, the resolution of the Board of Directors must be stated in each meeting agenda, and meeting minute must be taken for the shareholders’ later inspection.

The shareholders shall acknowledge the regulations and procedures on the participation of the meeting, as well as receiving sufficient information to consider every agenda before the meeting. The shareholders also have the rights to make enquiry and can appoint a proxy to participate in the meeting. The granted proxy has the equal vote as the shareholders.

The Board of Directors shall organize the shareholders’ Annual General Meeting within four months from ending date of the accounting period of the company. All the Shareholders Meetings other than mentioned shall be called Extraordinary Shareholders Meetings. The Board of Directors may call an Extraordinary Meeting at any time as deemed appropriate. During the shareholders’ meeting, the company will give equal freedom to every shareholder in expressing opinion and make inquiries regarding the topics and motions of the meeting without time limitation. The meeting’s chairman, the board of directors and the audit committee will participate in answering the enquiry, as well as, acknowledge every opinion of the shareholders. Every topic shall be noted in the minute of the meeting for future examination.

Moreover, the Board of Directors has set up policies to supervise and protect the rights of the shareholders; as well as encourage every shareholder to claim their rights freely and equally. The Shareholders’ policy must be complied with the company’s Good Corporate Governance that is in-line with the rules and regulation of the Stock Exchange of Thailand (SET) and the Securities and Exchange Commission, including other related laws. The board also realizes and sees the importance of the shareholders’ rights, and will not carry any action that might deprive the right.

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