Board of Directors

Professor Dr. Kittipong Kittayarak

Lead Independent Director
Member of Audit Committee
Member of Corporate Governance and Sustainable Development Committee

Age	64 years
Shareholding in CPF/1	None
Family relations with other executives	None
Highest Educational Degree	- Doctor of the Science of Law Stanford University, USA - Master of Laws Harvard University, USA - Master of International Economic and Trade Law Cornell University, USA - Bachelor of Laws Chulalongkorn University
Date of Appointment	September 1, 2021
Director Training	- Director Accreditation Program No. 112/2014 - Advanced Audit Committee Program No. 28/2015 Thai Institute of Directors Association - Barrister-at-Law Institute of Legal Education Thai Bar Association - Politics and Governance in Democratic System for Executives No. 5 King Prajadhipok’s Institute (Por Por Ror. 5) - Top Executive Program in Justice Administration Institute of Administrative Justice (Bor. Yor. Sor. 10) - National Defense Course for the Joint State-Private Sector No. 49 The National Defense College - Capital Market Academy Leadership Program (CMA) No. 8 - Top Executive Program in Energy Literacy (TEA) No. 1 - ASEAN Executive Management Program No. 1 - Law for Democracy (Nor Tor Por.) Office of the Constitutional Court - Bhumipalung Phandin No. 3 , Chulalongkorn University - Top Executive Program in Industry & Investment Business Development No.2
Experiences	Independent director and member of Audit Committee - True Corporation Plc. Independent director - CP All Plc. Independent Director, Chairman of the Corporate Governance and Social Responsibility Committee and member of the Compliance Committee - Krung Thai Bank Plc. Independent Director, member of Nomination, Remuneration and Corporate Governance Committee - Dusit Thani Plc. Advisor - Thailand Institute of Justice Chancellor - King Mongkut’s Institute of Technology Ladkrabang Chancellor - Bangkok University Adjunct Professor - Faculty of Law, Chulalongkorn University Director - Private Sector Collective Action against Corruption Executive Director - Bajrakitiyabha Fund for Legal Education
Past Experiences (2017-2021)	Independent director and Chairman of Audit Committee - PTT Plc. (2014 - 2021) Executive Director - Thailand Institute of Justice (2015 - 2021) Director - The Thai Bar (2008 - 2021)

1 As of Jan 1, 2022 which included shareholding by spouse and minor child

The Roles and Responsibilities of the Board of Directors

To perform its duties in accordance with the laws, the Company's objectives and Articles of Association, as well as resolutions of shareholders meetings, with due accountability, care and integrity;
To determine the major policies for business operations, as well as the policies relating to finance, mobilization of funds, funds management, management of the Company's risks, allocation and management of information technology, and to supervise the management for the implementation of these policies in an efficient and effective manner;
To consider and approve the Company's vision and mission, and cause a review thereof every year;
To consider and approve the Company's objectives, strategies and business plans as well as conduct a review thereof every year, and to monitor the results of the implementation of those prescribed plans;
To consider and approve matters other than those which are within the authority delegated to the Co-President, or matters which must be approved by the Board of Directors or a shareholders meeting as prescribed by the law or the relevant rules or procedures of the Company;
To set up an internal control system covering the areas of business operations, financial reporting and compliance with the laws and the Company's rules, policies and procedures. In this regard, the Internal Audit Office has the duty to audit the compliance with this internal control system, and make a report to the Audit Committee. The Board of Directors will evaluate the risk management system and assess the adequacy and appropriateness of the internal control system on a yearly basis, and will review the significant systems at least once a year. The Board of Directors will also provide its opinions thereon in the annual report;
To promote innovation and the use of technology to enhance competitiveness with responsibilities to social and environmental matters and ensure that management take it into their consideration when reviewing the Company’s strategies;
To assess the compliance with the corporate governance policy and conduct a review thereof at least once a year;
To appoint the Co-President, to supervise and ensure that the Co-President performs his duties in accordance with the Company's corporate governance policy and the scope of authority delegated by the Board of Directors, and to conduct an annual evaluation of the Co-President's performance in order to support the determination of his remuneration;
To appoint directors or executives to serve as directors of the subsidiaries in order to oversee their operations in accordance with their investment objectives;
To appoint the Company Secretary who is to be responsible for all matters as required by the law;
To appoint the Audit Committee, the Executive Committee and other committees, such as the Remuneration and Nominating Committee, in order to assist the Board of Directors in supervising the business with a view to achieving the prescribed objectives. The majority of the committee members shall be independent directors. The chairmen of the committees must be independent directors; and
To set up a plan for director and management development, as well as a succession plan.