Page 325 - CRC_One Report 2021_EN

Business Overview and Performance Corporate Governance Financial Statements Enclosure

Remuneration of Board of Directors and Sub-committees

Criteria for Payment of Remuneration to Directors

The Board of Directors has established a Nomination and Remuneration Committee to nominate persons with
appropriate qualifications to be directors, sub-committee members, Chief Executive Officer, and senior executives
of the Company as well as consider the types and criteria for payment of remuneration to directors, sub-committee
members in the Audit Committee, the Risk Policy Committee, the Nomination and Remuneration Committee,
the Corporate Governance and Sustainability Committee, Chief Executive Officer and senior executives as deemed
appropriate for their duties and responsibilities, work achievements linking with operating results and other related
surrounding factors and benchmarking with other companies in the same or similar industry to propose its opinions
to the Board of Directors and/or to the shareholders’ meeting for consideration and approval.

In 2021, the Board of Directors’ Meeting No. 2/2021 held on 25 February 2021 resolved to approve the criteria for
payment of quarterly remuneration and meeting allowance for the year 2021. The 2021 Annual General Meeting
of Shareholders held on 23 April 2021 resolved to approve the remuneration of directors and sub-committee
member for the year 2021 of not exceeding Baht 20.5 million. This is an increase of baht 0.5 million from 2020
which is partly due to the estimates of remuneration increased by the Corporate Governance and Sustainability
Committee appointed by the Board of Directors at the Board of Directors’ Meeting No. 11/2020 on 22 December
2020. The remuneration is the same rate as 2020 consisting of quarterly remuneration, meeting allowance and
bonus (if any) as follows:

Quarterly Remuneration and Meeting Allowance
Quarterly Remuneration Meeting Allowance
Position
(THB) (THB/Time/Person)
The Board of Director

Chairman of the Board of Director 225,000 85,000
Director 85,000 42,000

The Audit Committee
Chairman of the Audit Committee 133,000 65,000
Member of the Audit Committee 103,000 50,000

The Executive Committee
Chairman of the Executive Committee None None

Member of the Executive Committee None None
The Remuneration and Nomination Committee
Chairman of the Remuneration and None 35,000
Nomination Committee
Member of the Remuneration and None 30,000
Nomination Committee
The Risk Policy Committee
Chairman of the Risk Policy Committee None 35,000

Annual Report 2021 (Form 56-1 One-Report) 325