The scope of duties and responsibilities of The Nomination and Remuneration Committee

The Nomination and Remuneration Committee has the scope of duties and responsibilities as follows;

(1)   Consider the nomination criteria and procedures to nominate eligible individuals to be Directors; then, propose to Board of Directors or the Shareholders Meeting to consider and appoint as the case may be. Besides, the said nomination procedures include the opportunity for minor Shareholders to nominate individuals to be considered and selected.

(2)   Specify remuneration criteria for Directors.

(3)   Consider remuneration for Directors and propose to the Board of Directors; then, propose to the Shareholders Meeting to approve.

(4)   Proposed the candidate to Board of Director for consideration and appointed to be Chief Executive Officer, Deputy Chief Executive Officer and Chief Financial Officer.

(5)   Proposed the annual increment and bonuses of Chief Financial Officer, Deputy Chief Executive Officer and Chief Financial Officer as proposed by Executive Board to the Board director to consider and approve.

 (6)  Specify the criteria to evaluate performances of the Board of Directors and the Executive Board in accordance with duties, responsibilities and risks which may occur.

(7)   Perform any duties which are assigned by the Board of Directors.

Term of The Nomination and Remuneration Committee

The Nomination and Remuneration Committee has a term of tenure in accordance with the term of directorship or not exceeding 3 years at a time, and the member of the Nomination and Remuneration Committee that has been retired from the term may be appointed by the Board of Directors again.