Page 321 - CRC_One Report 2021_EN

Business Overview and Performance Corporate Governance Financial Statements Enclosure

Individual Performance Evaluation
The individual performance evaluation consists of 3 topics:
(1) Ethics and Performance of Duties of Director
(2) Strategy Formulation, Governance and Monitoring of Operations
(3) Responsibility to Stakeholders

The evaluation process is as follows:
1. The Nomination and Remuneration Committee considers evaluation forms and submit them to the Board of
Directors for approval.
2. The Board of Directors conducts a self-evaluation at least once a year.
3. The Company Secretary collects evaluation forms from directors and prepares a summary of results to be proposed
to the Board of Directors for consideration.

The results of Board of Directors’ individual performance evaluation for the year 2021 showed an average score of 96.

Sub-committees Performance Evaluation
The process for sub-committee’ s performance evaluation are as follows:
1. Each sub-committee prepares an evaluation form, of which the content covers meetings, and performance of
duties. The Nomination and Remuneration Committee then submits it to the Board of Directors for approval.
2. Each sub-committee conducts a self-evaluation at least once a year.
3. The Secretary of each sub-committee collects evaluation forms from directors and prepares a summary of results
to be proposed to each sub-committee and then to the Board of Directors for consideration.

The results of performance evaluation for the year 2021 of the Audit Committee, the Risk Policy Committee, and the
Nomination and Remuneration Committee and the Corporate Governance and Sustainability Committee showed
an average score of 100, 93, 98, and 98, respectively.

Top Management Evaluation
The company has an annual appraisal of top management based on performance and operating results to
determine the remuneration of top management. The criteria and process are as follows.

KPI assessment criteria
• Financial success indicators
• Management success indicators including achievements of business expansion new initiatives for company growth,
customer satisfaction or work efficiency and the results of the Good Corporate Governance and Sustainable
Development Assessment
• Personnel management success indicators such as employee engagement

Assessment process
At the beginning of the year, the top management of the Company agrees to the assessment criteria (KPI) together
with the Nomination and Remuneration Committee and proposes to the Board of Directors for approval. At the end
of the year, the top management will conduct a self-assessment to present to the Nomination and Remuneration
Committee for consideration which will be presented to the Board of Directors for approval of the appraisal result.

Annual Report 2021 (Form 56-1 One-Report) 321