SSI : Annual Report 2009

Annual Report 2009 Sahaviriya Steel Industries Public Company Limited

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Strength to Move Forward

>> Based on our world-class assets integration strategy and premium products strategy, along with our consistent investment in technology, people, and R&D to improve the quality of our products, we, SSI are moving forward and stepping to excellence in every aspect.

>> %%&

2009 Highlights SSi Annual Report 2009

Our Purpose (Vision & Mission) Innovate premium value steel products and services for customer; generate consistent profit and sustainable value for stakeholders.

Values (iFacts) integrity

Fighting spirit

i

F

We do

Never

We do what we say

what we say

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give up

aim for excellence

a

can change

c

team work

t

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Be the leader of change

One for all, all for one

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is yet to be

of change

all for one

service-mind

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Deliver

more than expected

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2009 Highlights SSi Annual Report 2009

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2009 Highlights SSi Annual Report 2009

Strength to Move Forward >>

2009 Highlights

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2009 Highlights SSi Annual Report 2009

Message from the Chairman Owing to the Board’s commitment in the oversight of the Company, expertise in steel industry and dedication of the management, efficient operation and cooperation of employees together with a high standard management system, the Company was able to remedy all problems and successfully turned around the business with satisfactory profit. To shareholders:

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2009 Highlights SSi Annual Report 2009

Mr. Maruey Phadoongsidhi 8]V^gbVc

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>> %%+

2009 Highlights SSi Annual Report 2009

Message from the President Like we had done before in the 1997 Asian Crisis, our business model and strategy again proved its resilience. The crisis resolved us and gave us an absolute focus.

Dear Shareholders:

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>> %%,

2009 Highlights SSi Annual Report 2009

Mr. Win Viriyaprapaikit EgZh^YZci

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>> %%-

2009 Highlights SSi Annual Report 2009

We continued to operate under best-practice corporate governance standards – prudently managed business risk and transparently disclosed information in a timely manner, gaining more trust and confidence from our stakeholders.

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>> %%.

2009 Highlights SSi Annual Report 2009

“Innovate premium value steel products and services for customer; generate consistent profit and sustainable value for stakeholders”

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>> %&%

2009 Highlights SSi Annual Report 2009

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2009 Highlights SSi Annual Report 2009

Revenues from sales

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2009 Highlights SSi Annual Report 2009

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>> %&(

Corporate Information SSi Annual Report 2009

Strength to Move Forward >>

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>> %&)

Corporate Information SSi Annual Report 2009

Nature of Business Operations

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>> %&*

Corporate Information SSi Annual Report 2009

SSI Group Structure =di GdaaZY HiZZa H]ZZi

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Sahaviriya Steel Industries Public Co., Ltd.

Thai Cold Rolled Steel Sheet Public Co., Ltd.

Thai Coated Steel Sheet Co., Ltd.

Prachuap Port Co., Ltd.

West Coast Engineering Co., Ltd.

>> Manufacturer of hot-rolled coils

>> Manufacturer of cold-rolled coils

>> Manufacturer of electro-galvanized coils

>> Provider of deep-sea port

>> Provider of maintenance and engineering services, and engineering design

>> Manufacturer of hot-rolled coils picked and oiled

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>> %&+

Corporate Information SSi Annual Report 2009

Organization Chart Board of Directors 8eWhZ e\ ;n[Ykj_l[ :_h[Yjehi

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>> %&,

Corporate Information SSi Annual Report 2009

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Corporate Information SSi Annual Report 2009

Management Structure

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Corporate Information SSi Annual Report 2009

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>> %'%

Corporate Information SSi Annual Report 2009

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>> %'&

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>> %''

Corporate Information SSi Annual Report 2009

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>> %'(

Corporate Information SSi Annual Report 2009

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>> %')

Corporate Information SSi Annual Report 2009

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Corporate Information SSi Annual Report 2009

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SSI Management SSi Annual Report 2009

Strength to Move Forward >>

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SSI Management SSi Annual Report 2009

Steel Industry and Competition Overview Global Steel Market

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Thai steel market in the second half of year began to improve as the domestic automotive industry recovered and steel traders started restocking in respond to the rising demand.

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SSI Management SSi Annual Report 2009

Steel Market Outlook in 2010

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WSA forecasted 2010 world steel consumption to rise to a similar record in 2008; namely, 1,205 million tons, or 12.4 percent over 2009.

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SSI Management SSi Annual Report 2009

Risk Management

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The sale of the Company

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SSI Management SSi Annual Report 2009

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SSI Management SSi Annual Report 2009

Production Risks Risks Related to Production Process Risk

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The Company places paramount importance on overseeing production process to ensure products quality and sufficient quantity as required by customers whose demand for higher quality and quantity is anticipated to continuously rise. Therefore, to achieve this goal, the Company strictly complied with management system at international standards and continued to conduct a regular review as well as set up certain key measures of risk management.

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>> %()

SSI Management SSi Annual Report 2009

Participated in the Project of Corporate Social Responsibility, Department of Industrial Works: CSR-DIW, and passed the evaluation according to the standards which showed a higher potential of the Company to be ready for ISO 26000 Social Responsibility.

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SSI Management SSi Annual Report 2009

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>> %(+

SSI Management SSi Annual Report 2009

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SSI Management SSi Annual Report 2009

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SSI Management SSi Annual Report 2009

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SSI Management SSi Annual Report 2009

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SSI Management SSi Annual Report 2009

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SSI Management SSi Annual Report 2009

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>> %*-

SSI Management SSi Annual Report 2009

Supervising the Use of Inside Information

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>> %*.

SSI Management SSi Annual Report 2009

Safety, Occupational Health and Workplace Environment

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The Committee encouraged every department to form its own safety, occupational health and workplace environment

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to act as a key in carrying out safety and occupational health activities of the employees continually.

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>> %+%

SSI Management SSi Annual Report 2009

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Environmental Activities

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The Company has been conducting environmental

and resources management according to ISO 14001:2004 to which the Company was successively certified until today.

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>> %+&

SSI Management SSi Annual Report 2009

The Company could reduce energy for production

which was equivalent to the emission of 2,752 tons of carbon dioxide.

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>> %+'

SSI Management SSi Annual Report 2009

Social and Labor Responsibility According to Thai Labour Standard (TLS 8001-2003)

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The Company placed an emphasis on labor relations, by two-way communications, for every developments and the Company received The Labour Standard Certificate at advance level CTLS 8001-2003.

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>> %+(

SSI Management SSi Annual Report 2009

Community and Social Responsibility Taking part in society stewardship “Generating returns, strengthening the society”

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Strengthening the Society and the Less Privileged

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“Innovate premium value steel products and services for customer; generate consistent profit and sustainable value for stakeholders”,

SSI’s vistion and mission, which also places an emphasis on its commitment to take responsibility towards the society.

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>> %+)

SSI Management SSi Annual Report 2009

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Steel Development to Improve Life Standard

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>> %+*

SSI Management SSi Annual Report 2009

Involvement in the community “Good life quality for sustainable community”

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Development to Improve Quality of Community Education

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SSI has organized various participatory community activities which involve everyone in a process i.e. the company, employees, people in the community and related

We carried out a wide range of activities – or over 37 projects incorporating education development, with an aim to strengthen the living of people in the community and society.

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>> %++

SSI Management SSi Annual Report 2009

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>> %+,

SSI Management SSi Annual Report 2009

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>> %+-

SSI Management SSi Annual Report 2009

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>> %+.

Other Relevant Information SSi Annual Report 2009

Strength to Move Forward >>

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Other Relevant Information SSi Annual Report 2009

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>> %,'

Other Relevant Information SSi Annual Report 2009

Board of Directors 1. Mr. Maruey Phadoongsidhi Chairman of the Board of Directors and Executive Director

The Attendance in year 2009 :

age 80 years

Family Relation among Management : - None Tenure : 12 years (from 4 December 1997 to 31 December 2009) Number of Shares : - None Number of Shares held by spouse : 2,100,000 Shares Percentage of Shareholding: 0.016%

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age 74 years

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Family Relation among Management : Brother of Mrs. Prapa Viriyaprapaikit Tenure : 15 years (from 21 January 1994 to 31 December 2009) Number of Shares : 100 Shares

Director Training Program

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2. Mr. Wit Viriyaprapaikit Director and Chairman of the Board of Executive Directors

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>> %,(

Other Relevant Information SSi Annual Report 2009

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The Attendance in year 2009 :

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3. Mrs. Prapa Viriyaprapaikit Director age 79 years

Family Relation among Management : Sister of Mr. Wit Viriyaprapaikit Tenure : 15 years (from 21 January 1994 to 31 December 2009) Number of Shares : 100 Shares

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9^gZXidg! 7#H# BZiVa 8dbeVcn A^b^iZY

9^gZXidg! 7Vc\eV`dc\ A^\]iZg 8dbeVcn A^b^iZY

9^gZXidg! 7Vc\eV`dc\ Edgi 8dbeVcn A^b^iZY

9^gZXidg! EgVeVl^i 7j^aY^c\ EgdeZgin 8dbeVcn A^b^iZY

9^gZXidg! HV]Vk^g^nV EVc^X] >ciZgcVi^dcVa 8dbeVcn A^b^iZY

9^gZXidg! LZhiZgc =djh^c\ 8dbeVcn A^b^iZY

The Attendance in year 2009 :

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%$+ i^bZh

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&$& i^bZ

Criminal offense record during the past 10 years :

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'# CZkZg WZ hZciZcXZ Wn V _jY\bZci id WZ WVc`gjeiXn dg ^chdakZcXn#

(# CZkZg WZ hZciZcXZ Wn V _jY\bZci Vh bVcV\ZbZci dg Vji]dg^oZY

eZghdc ^c i]Z WVc`gjei dg ^chdakZci XdbeVcn#

4. Mr. Visith Noiphan Director, Independent Director, Audit Committee Member and Chairman of Nomination Committee age 76 years

Family Relation among Management : - None Tenure : 15 years (from 1 March 1994 to 31 December 2009) Number of Shares : - None -

>> %,)

Other Relevant Information SSi Annual Report 2009

Education

Criminal offense record during the past 10 years :

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Director Training Program

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Additional information on holding Independent directors status :

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I]Z GdaZ d[ i]Z 8]V^gbVc Egd\gVb G8E '%$'%%- !

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Work Experience '//( # '//)

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B^c^hign d[ >cYjhign

B^c^hign d[ >cYjhign

B^c^hign d[ >cYjhign

B^c^hign d[ >cYjhign

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5. Mrs. Kesree Narongdej Director, Independent Director and Audit Committee Chairperson age 72 years

Current Position in Other Organization >c a^hiZY XdbeVc^Zh /

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8]V^gbVc d[ i]Z 7dVgY d[ 9^gZXidgh VcY >cYZeZcYZci 9^gZXidg!

Family Relation among Management : - None Tenure : 11 years (from 28 April 1998 to 31 December 2009) Number of Shares : - None -

Education

IE> EdaZcZ EjWa^X 8dbeVcn A^b^iZY

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8]V^gbVc d[ i]Z 7dVgY d[ 9^gZXidgh!

8]V^gbVc d[ i]Z 7dVgY d[ 9^gZXidgh!

7VX]ZadgÉh 9Z\gZZ ^c 8dbbZgXZ! I]VbbVhVi Jc^kZgh^in

=dcZgVgn 9dXidgViZ 9Z\gZZ ^c 6XXdjci^c\! I]VbbVhVi Jc^kZgh^in

I]Z Jc^kZgh^in d[ IZmVh Vi 6jhi^c

7VX]ZadgÉh 9Z\gZZ ^c 6XXdjciVcXn! I]VbbVhVi Jc^kZgh^in

LZhi 8dVhi :c\^cZZg^c\ 8dbeVcn A^b^iZY

I]V^ 8dViZY HiZZa H]ZZi 8dbeVcn A^b^iZY

>c a^hiZY XdbeVc^Zh di]Zg dg\Vc^oVi^dc i]Vi bVn XVjhZ Vcn Xdc[a^Xi d[

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8]V^gbVc d[ i]Z 7dVgY d[ 9^gZXidgh!

Distinction

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Jc^kZgh^in d[ i]Z I]V^ 8]VbWZg d[ 8dbbZgXZ

Egd[Zhhdg :bZg^ijh d[ 6XXdjci^c\!

The Attendance in year 2009 :

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+$+ i^bZh

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($) i^bZh

(# I]Z 6jY^i 8dbb^iiZZ BZZi^c\

+$+ i^bZh

)# I]Z Cdb^cVi^dc 8dbb^iiZZ BZZi^c\

($( i^bZh

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&$& i^bZ

;VXjain d[ 8dbbZgXZ VcY 6XXdjciVcXn! I]VbbVhVi Jc^kZgh^in

>> %,*

Other Relevant Information SSi Annual Report 2009

™ 9^gZXidgh 8Zgi^[^XVi^dc Egd\gVb 98E '$'%%% !

Additional information on holding Independent directors status :

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Director Training Program I]V^ >chi^ijiZ d[ 9^gZXidgh 6hhdX^Vi^dc

™ 98E GZ[gZh]Zg 8djghZ *$'%%,!

'# Cdi WZ gZaVi^kZ id i]Z 8dbeVcn! hjWh^Y^Vgn XdbeVc^Zh! VhhdX^ViZY

egZhZci dg i]Z eVhi ' nZVgh#

™ Cdi WZ Y^gZXidg Vh eVgi d[ bVcV\ZbZci! ZbeadnZZh! dg XdchjaiVci

I]V^ >chi^ijiZ d[ 9^gZXidgh 6hhdX^Vi^dc

Work Experience

™ 7dVgY BZbWZg d[ >ciZgcVi^dcVa ;ZYZgVi^dc d[ 6XXdjciVci >;68

™ 8]V^gbVc d[ i]Z 6jY^i 8dbb^iiZZ! 7Vc` d[ I]V^aVcY

™ 8]V^gbVc d[ i]Z 6jY^i 8dbb^iiZZ!

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™ 6jY^i 8dbb^iiZZ ^c EjWa^X HZXidg! B^c^hign d[ ;dgZ^\c 6[[V^gh

Current Position in Other Organization ™ 6Yk^hZg d[ i]Z 6jY^i 8dbb^iiZZ!

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>c cdc"a^hiZY XdbeVc^Zh /

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age 71 years

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™ EjWa^X HZXidg 6jY^i VcY :kVajVi^dc HjW " 8dbb^iiZZ [dg

6. Mr. Tongchat Hongladaromp Director, Independent Director and Chairman of the Risk Management Committee

>c a^hiZY XdbeVc^Zh /

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Family Relation among Management : - None Tenure : 15 years (from 1 March 1994 to 31 December 2009) Number of Shares : - None -

™ 8djcX^a bZbWZg d[ >chjgVcXZ 8dbb^hh^dc 7dVgY

Education

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™ I]Z CVi^dcVa 9Z[ZcXZ GZ\jaVg 8djghZ

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Director Training Program

The Attendance in year 2009 :

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&# I]Z 7dVgY d[ 9^gZXidgh BZZi^c\

($+ i^bZh

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($) i^bZh

™ ;^cVcXZ [dg Cdc";^cVcXZ 9^gZXidg ')$'%%* ;C9 ')$'%%* !

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Work Experience

Criminal offense record during the past 10 years :

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I]V^ >chi^ijiZ d[ 9^gZXidgh 6hhdX^Vi^dc

(&&, # (&&.

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'# CZkZg WZ hZciZcXZ Wn V _jY\bZci id WZ WVc`gjeiXn dg ^chdakZcXn#

(&&) # (&&.

™ 9^gZXidg! EII 8]Zb^XVa EjWa^X 8dbeVcn A^b^iZY

(# CZkZg WZ hZciZcXZ Wn V _jY\bZci Vh bVcV\ZbZci dg Vji]dg^oZY

(&&' # (&&)

™ EgZh^YZci!

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'//, # (&&'

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'/.- # '//'

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eZghdc ^c i]Z WVc`gjei dg ^chdakZci XdbeVcn#

VcY EgdYjXi^dc EjWa^X 8dbeVcn A^b^iZY

I]V^ EZigdX]Zb^XVa >cYjhign EjWa^X 8dbeVcn A^b^iZY

IB7 6hhZi BVcV\ZbZci 8dbeVcn A^b^iZY

EjWa^X 8dbeVcn A^b^iZY

VcY EgdYjXi^dc EjWa^X 8dbeVcn A^b^iZY

>> %,+

Other Relevant Information SSi Annual Report 2009

7. Mr. Tawee Butsuntorn Director, Independent Director, Chairman of Remuneration Committee and Chairman of the Good Corporate Governance Committee

Current Position in Other Organization >c a^hiZY XdbeVc^Zh /

8]V^gbVc d[ i]Z 7dVgY d[ 9^gZXidgh!

HVbVgi 8dgedgVi^dc EjWa^X 8dbeVcn A^b^iZY

>c cdc"a^hiZY XdbeVc^Zh /

9^gZXidg! LZhi 8dVhi :c\^cZZg^c\ 8dbeVcn A^b^iZY

8]V^gbVc d[ i]Z 7dVgY d[ 9^gZXidgh!

age 70 years

Family Relation among Management : - None Tenure : 5 years (from 26 February 2004 to 31 December 2009) Number of Shares : - None -

I]V^ >cYjhig^Va <VhZh EjWa^X 8dbeVcn A^b^iZY

>cYZeZcYZci 9^gZXidg!

8]V^gbVc d[ i]Z 7dVgY d[ 9^gZXidgh! 8#I# AVcY 8dbeVcn A^b^iZY

7Vc\`d` EdanZi]naZcZ EjWa^X 8dbeVcn A^b^iZY

Education

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=dcdgVgn E]#9# :c\^cZZg^c\ !

The Attendance in year 2009 :

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=VgkVgY Jc^kZgh^in! <gVYjViZ HX]dda d[ 7jh^cZhh 6Yb^c^higVi^dc!

J#H#6#

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IZX]cdad\n I]dcWjg^

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($+ i^bZh

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($) i^bZh

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&$& i^bZ

Criminal offense record during the past 10 years :

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@^c\Éh Bdc\`ji >chi^ijiZ d[ IZX]cdad\n AVY`gVWVc\

Director Training Program

9^gZXidgh 8Zgi^[^XVi^dc Egd\gVb 98E ''$'%%' !

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(# CZkZg WZ hZciZcXZ Wn V _jY\bZci Vh bVcV\ZbZci dg Vji]dg^oZY

Work Experience

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(&&( # (&&)

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(&&& # (&&)

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Additional information on holding Independent directors status :

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'# Cdi WZ gZaVi^kZ id i]Z 8dbeVcn! hjWh^Y^Vgn XdbeVc^Zh! VhhdX^ViZY

dg hjWh^Y^Vgn XdbeVc^Zh#

XdbeVc^Zh! dg V _jg^hi^X Zci^in i]Vi bVn ]VkZ Xdc[a^Xi d[ ^ciZgZhi Vi

egZhZci dg i]Z eVhi ' nZVgh#

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l]d gZXZ^kZh gZ\jaVg hVaVgn#

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7Vc`i]V^ EjWa^X 8dbeVcn A^b^iZY

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I]Z H^Vb 8ZbZci EjWa^X 8dbeVcn A^b^iZY

>> %,,

Other Relevant Information SSi Annual Report 2009

8. Mr. Prateep Buphaintr Director, Independent Director, Audit Committee Member and Nomination Committee Member

Current Position in Other Organization >c a^hiZY XdbeVc^Zh /

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age 70 years

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Family Relation among Management : - None Tenure : 10 years (from 29 April 1999 to 31 December 2009) Number of Shares : - None -

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8]V^gbVc d[ i]Z 7dVgY d[ 9^gZXidgh!

8]V^gbVc d[ i]Z 7dVgY d[ 9^gZXidgh!

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Education

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Director Training Program

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The Attendance in year 2009 :

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&$& i^bZ

Criminal offense record during the past 10 years :

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(# CZkZg WZ hZciZcXZ Wn V _jY\bZci Vh bVcV\ZbZci dg Vji]dg^oZY

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B^c^hign d[ ;^cVcXZ

Current Position in Other Organization >c a^hiZY XdbeVc^Zh / " CdcZ " >c cdc"a^hiZY XdbeVc^Zh / " CdcZ " >c a^hiZY XdbeVc^Zh di]Zg dg\Vc^oVi^dc i]Vi bVn XVjhZ Vcn Xdc[a^Xi d[ ^ciZgZhi id HH> / " CdcZ "

The Attendance in year 2009 :

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Additional information on holding Independent directors status :

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'# Cdi WZ gZaVi^kZ id i]Z 8dbeVcn! hjWh^Y^Vgn XdbeVc^Zh! VhhdX^ViZY

XdbeVc^Zh! dg V _jg^hi^X Zci^in i]Vi bVn ]VkZ Xdc[a^Xi d[ ^ciZgZhi Vi

egZhZci dg i]Z eVhi ' nZVgh#

Cdi WZ Y^gZXidg Vh eVgi d[ bVcV\ZbZci! ZbeadnZZh! dg XdchjaiVci

Cdi WZ egd[Zhh^dcVa hZgk^XZ hjX] Vh VjY^idg dg aZ\Va XdjchZa#

l]d gZXZ^kZh gZ\jaVg hVaVgn#

=VkZ cd h^\c^[^XVcian gZaViZ id Wjh^cZhh i]Vi V[[ZXi id ^cYZeZcYZci

eZg[dgb#

Work Experience

^ciZgZhi id HH> / " CdcZ "

dg hjWh^Y^Vgn XdbeVc^Zh#

7VX]ZadgÉh 9Z\gZZ ^c 8dbbZgXZ! I]VbbVhVi Jc^kZgh^in

&# I]Z 7dVgY d[ 9^gZXidgh BZZi^c\

+$+ i^bZh

'# I]Z >cYZeZcYZci 9^gZXidgh BZZi^c\

)$) i^bZh

(# I]Z 6jY^i 8dbb^iiZZ BZZi^c\

+$+ i^bZh

)# I]Z Cdb^cVi^dc 8dbb^iiZZ BZZi^c\

($( i^bZh

*# I]Z 6ccjVa <ZcZgVa BZZi^c\ d[ H]VgZ]daYZgh

&$& i^bZ

>> %,-

Other Relevant Information SSi Annual Report 2009

Criminal offense record during the past 10 years :

Work Experience

&# CZkZg WZ hZciZcXZ Wn V _jY\bZci ^c Xg^b^cVa d[[ZcXZ#

'//* # '//+

'# CZkZg WZ hZciZcXZ Wn V _jY\bZci id WZ WVc`gjeiXn dg ^chdakZcXn#

'//( # '//*

•

(# CZkZg WZ hZciZcXZ Wn V _jY\bZci Vh bVcV\ZbZci dg Vji]dg^oZY

'//& # '//(

9Zejin EZgbVcZci HZXgZiVgn! B^c^hign d[ :YjXVi^dc

'/.* # '//&

9^gZXidg"<ZcZgVa! I]Z ;^cZ 6gih 9ZeVgibZci

eZghdc ^c i]Z WVc`gjei dg ^chdakZci XdbeVcn#

EZgbVcZci HZXgZiVgn! B^c^hign d[ :YjXVi^dc HZXgZiVgn"<ZcZgVa d[ Eg^kViZ :YjXVi^dc 8dbb^hh^dc

Additional information on holding Independent directors status :

Current Position in Other Organization

&# Cdi WZ gZaVi^kZ id bVcV\ZbZci! bV_dg h]VgZ]daYZg d[ i]Z 8dbeVcn

>cYZeZcYZci 9^gZXidg!

'# Cdi WZ gZaVi^kZ id i]Z 8dbeVcn! hjWh^Y^Vgn XdbeVc^Zh! VhhdX^ViZY

XdbeVc^Zh! dg V _jg^hi^X Zci^in i]Vi bVn ]VkZ Xdc[a^Xi d[ ^ciZgZhi Vi

egZhZci dg i]Z eVhi ' nZVgh#

Cdi WZ Y^gZXidg Vh eVgi d[ bVcV\ZbZci! ZbeadnZZh! dg XdchjaiVci

>c a^hiZY XdbeVc^Zh di]Zg dg\Vc^oVi^dc i]Vi bVn XVjhZ Vcn Xdc[a^Xi d[ ^ciZgZhi id HH> /

dg hjWh^Y^Vgn XdbeVc^Zh#

l]d gZXZ^kZh gZ\jaVg hVaVgn#

>c a^hiZY XdbeVc^Zh /

7Vc\hVe]Vc 7Vgb^aa EjWa^X 8dbeVcn A^b^iZY

>c cdc"a^hiZY XdbeVc^Zh /

9^gZXidg! LZhi 8dVhi :c\^cZZg^c\ 8dbeVcn A^b^iZY

9^gZXidg! EgVX]jVe Edgi 8dbeVcn A^b^iZY

Cdi WZ egd[Zhh^dcVa hZgk^XZ hjX] Vh VjY^idg dg aZ\Va XdjchZa#

=VkZ cd h^\c^[^XVcian gZaViZ id Wjh^cZhh i]Vi V[[ZXi id ^cYZeZcYZci

The Attendance in year 2009 :

eZg[dgb#

9. Mr. Taweesak Senanarong Director, Remuneration Committee Member and Risk Management Committee Member age 73 years

Family Relation among Management : - None Tenure : 10 years (from 8 November 1999 to 31 December 2009) Number of Shares : - None -

Education

9^eadbV d[ ;^cZ 6gi GdnVa 6XVYZbn! GdbZ! >iVan

7VX]Zadg d[ ;^cZ 6gih! H^aeV`dgc Jc^kZgh^in

=dcdgVgn E]#9#! H^aeV`dgc Jc^kZgh^in

I]Z CVi^dcVa 9Z[ZcXZ GZ\jaVg 8djghZ

Director Training Program

9^gZXidg 6XXgZY^iVi^dc Egd\gVb 96E '+$'%%) !

I]V^ >chi^ijiZ d[ 9^gZXidgh 6hhdX^Vi^dc

9^gZXidg! HV]Vk^g^nV EaViZ B^aa EjWa^X 8dbeVcn A^b^iZY

&# I]Z 7dVgY d[ 9^gZXidgh BZZi^c\

+$+ i^bZh

'# I]Z GZbjcZgVi^dc 8dbb^iiZZ BZZi^c\

'$' i^bZh

(# I]Z G^h` BVcV\ZbZci 8dbb^iiZZ BZZi^c\

)$) i^bZh

)# I]Z 6ccjVa <ZcZgVa BZZi^c\ d[ H]VgZ]daYZgh

&$& i^bZ

Criminal offense record during the past 10 years :

&# CZkZg WZ hZciZcXZ Wn V _jY\bZci ^c Xg^b^cVa d[[ZcXZ#

'# CZkZg WZ hZciZcXZ Wn V _jY\bZci id WZ WVc`gjeiXn dg ^chdakZcXn#

(# CZkZg WZ hZciZcXZ Wn V _jY\bZci Vh bVcV\ZbZci dg Vji]dg^oZY

eZghdc ^c i]Z WVc`gjei dg ^chdakZci XdbeVcn#

>> %,.

Other Relevant Information SSi Annual Report 2009

10. Mr. Kamol Juntima Director, Nomination Committee Member and Good Corporate Governance Committee Member age 71 years

Family Relation among Management : - None Tenure : 11 years (from 28 April 1998 to 31 December 2009) Number of Shares : 1,070,000 Shares Percentage of Shareholding: 0.0081%

Current Position in Other Organization >c a^hiZY XdbeVc^Zh /

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™ 9^gZXidgh VcY 6jY^i 8dbb^iiZZ BZbWZg!

:aZXigdc^X >cYjhign EjWa^X 8dbeVcn A^b^iZY

>c cdc"a^hiZY XdbeVc^Zh /

™ 9^gZXidg! EgVX]jVe Edgi 8dbeVcn A^b^iZY

™ 9^gZXidg VcY :mZXji^kZ 9^gZXidg!

™ 8]V^gbVc d[ 6jY^i VcY :kVajVi^dc 8dbb^iiZZ!

LZhi 8dVhi :c\^cZZg^c\ 8dbeVcn A^b^iZY

Education

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™ I]Z CVi^dcVa 9Z[ZcXZ GZ\jaVg 8djghZ 8aVhh ((

Director Training Program

™ 9^gZXidgh 8Zgi^[^XVi^dc Egd\gVb 98E ($'%%% !

;ZYZgVi^dc d[ 6XXdjci^c\ Egd[Zhh^dch

>c a^hiZY XdbeVc^Zh di]Zg dg\Vc^oVi^dc i]Vi bVn XVjhZ Vcn Xdc[a^Xi d[ ^ciZgZhi id HH> / " CdcZ "

The Attendance in year 2009 :

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&# I]Z 7dVgY d[ 9^gZXidgh BZZi^c\

+$+ i^bZh

'# I]Z Cdb^cVi^dc 8dbb^iiZZ BZZi^c\

($( i^bZh

™ 7dVgY 8:D &$'%%(!

(# I]Z <ddY 8dgedgViZ <dkZgcVcXZ 8dbb^iiZZ BZZi^c\ ,$, i^bZh

)# I]Z 6ccjVa <ZcZgVa BZZi^c\ d[ H]VgZ]daYZgh

I]V^ >chi^ijiZ d[ 9^gZXidgh 6hhdX^Vi^dc

B^c^hign d[ :YjXVi^dc

I]V^ >chi^ijiZ d[ 9^gZXidgh 6hhdX^Vi^dc

I]V^ >chi^ijiZ d[ 9^gZXidgh 6hhdX^Vi^dc

™ 98E GZ[gZh]Zg 8djghZ )$'%%,!

I]V^ >chi^ijiZ d[ 9^gZXidgh 6hhdX^Vi^dc

&$& i^bZ

Criminal offense record during the past 10 years :

&# CZkZg WZ hZciZcXZ Wn V _jY\bZci ^c Xg^b^cVa d[[ZcXZ#

Work Experience

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(&&& # (&&(

™ 8]V^gbVc d[ i]Z 7dVgY ;^cVcX^Va HZXidg

(# CZkZg WZ hZciZcXZ Wn V _jY\bZci Vh bVcV\ZbZci dg Vji]dg^oZY

'//. # (&&&

™ 6jY^i 8dbb^iiZZ 8]V^gbVc!

'//.

™ 8dbeigdaaZg <ZcZgVa! B^c^hign d[ ;^cVcXZ

'//) # '//.

™ 9Zejin EZgbVcZci HZXgZiVgn [dg ;^cVcXZ!

'//+ # '///

™ 9^gZXidg VcY 8]V^gbVc d[ :mZXji^kZ 7dVgY!

'//, # '//.

™ 8]V^gbVc d[ i]Z 7dVgY <dkZgcbZci AdiiZgn D[[^XZ

GZhigjXijg^c\ 6ji]dg^in ;G6

Egdk^cX^Va :aZXig^X^in 6ji]dg^in

B^c^hign d[ ;^cVcXZ

<dkZgcbZci =djh^c\ 7Vc`

eZghdc ^c i]Z WVc`gjei dg ^chdakZci XdbeVcn#

11. Mr. Somchai Pipitvijitkorn Director, Executive Director, Remuneration Committee Member and Risk Management Committee Member age 70 years

Family Relation among Management : - None Tenure : 6 years (from 29 April 2003 to 31 December 2009) Number of Shares : - None -

>> %-%

Other Relevant Information SSi Annual Report 2009

12. Mr. Permpoon Krairiksh Director

Education

B#7#6#! B^X]^\Vc HiViZ Jc^kZgh^in! J#H#6#

age 58 years

Director Training Program

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]ZaY dc '' ;ZWgjVgn '%%*

Work Experience

Family Relation among Management : - None Tenure : 10 years (from 8 December 1999 to 31 December 2009) Number of Shares : - None -

'//& # '///

9^gZXidg!

Education

7#6#! 7dhidc Jc^kZgh^in! J#H#6#

9^gZXidg!

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'/., # '//.

9^gZXidg! H^Vb 8^in 8ZbZci EjWa^X 8dbeVcn A^b^iZY

Director Training Program

'/.* # '///

9^gZXidg! 7Vc` d[ 6njY]nV EjWa^X 8dbeVcn A^b^iZY

'/.) # '///

9^gZXidg!

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I]V^ 8daY GdaaZY HiZZa H]ZZi EjWa^X 8dbeVcn A^b^iZY

6njY]nV A^[Z 6hhjgVcXZ EjWa^X 8dbeVcn A^b^iZY

Current Position in Other Organization 9Zejin 8]V^gbVc d[ i]Z 7dVgY d[ 9^gZXidgh!

7Vc\hVe]Vc 7Vgb^aa EjWa^X 8dbeVcn A^b^iZY

>c cdc"a^hiZY XdbeVc^Zh /

9^gZXidgh 6XXgZY^iVi^dc Egd\gVb 96E ($'%%( !

JcYZghiVcY^c\ i]Z ;jcYVbZciVa d[ ;^cVcX^Va HiViZbZcih

I]V^ >chi^ijiZ d[ 9^gZXidgh 6hhdX^Vi^dc

J;H &'$'%%, ! I]V^ >chi^ijiZ d[ 9^gZXidgh 6hhdX^Vi^dc

Work Experience

>c a^hiZY XdbeVc^Zh /

9^gZXidg! I]V^ 8daY GdaaZY HiZZa H]ZZi EjWa^X 8dbeVcn A^b^iZY

(&&- # (&&/

8]V^gbVc d[ i]Z 7dVgY d[ 9^gZXidgh!

'/// # (&&,

:mZXji^kZ K^XZ EgZh^YZci! HeZX^Va 6hhZih <gdje!

H87 6hhZi BVcV\ZbZci 8dbeVcn A^b^iZY

H^Vb 8dbbZgX^Va 7Vc` EjWa^X 8dbeVcn A^b^iZY

>c a^hiZY XdbeVc^Zh di]Zg dg\Vc^oVi^dc i]Vi bVn XVjhZ Vcn Xdc[a^Xi d[

Current Position in Other Organization

^ciZgZhi id HH> /

>c a^hiZY XdbeVc^Zh /

9^gZXidg VcY :mZXji^kZ 9^gZXidg!

:mZXji^kZ K^XZ EgZh^YZci! 9^k^h^dc =ZVY!

GZiV^a 8gZY^i VcY 7jh^cZhh Hjeedgi 9^k^h^dc!

H^Vb 8dbbZgX^Va 7Vc` EjWa^X 8dbeVcn A^b^iZY

HV]Vk^g^nV EaViZ B^aa EjWa^X 8dbeVcn A^b^iZY

The Attendance in year 2009 : +$+ i^bZh

>c cdc"a^hiZY XdbeVc^Zh / " CdcZ "

&# I]Z 7dVgY d[ 9^gZXidgh BZZi^c\

'# I]Z 7dVgY d[ :mZXji^kZ 9^gZXidgh BZZi^c\

(# I]Z GZbjcZgVi^dc 8dbb^iiZZ BZZi^c\

'$' i^bZh

)# I]Z G^h` BVcV\ZbZci 8dbb^iiZZ BZZi^c\

($) i^bZh

The Attendance in year 2009 :

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&$& i^bZ

&# I]Z 7dVgY d[ 9^gZXidgh BZZi^c\

*$+ i^bZh

'# I]Z 6ccjVa <ZcZgVa BZZi^c\ d[ H]VgZ]daYZgh

%$& i^bZ

&'$&' i^bZh

Criminal offense record during the past 10 years :

>c a^hiZY XdbeVc^Zh di]Zg dg\Vc^oVi^dc i]Vi bVn XVjhZ Vcn Xdc[a^Xi d[ ^ciZgZhi id HH> / " CdcZ "

&# CZkZg WZ hZciZcXZ Wn V _jY\bZci ^c Xg^b^cVa d[[ZcXZ#

Criminal offense record during the past 10 years :

'# CZkZg WZ hZciZcXZ Wn V _jY\bZci id WZ WVc`gjeiXn dg ^chdakZcXn#

&# CZkZg WZ hZciZcXZ Wn V _jY\bZci ^c Xg^b^cVa d[[ZcXZ#

(# CZkZg WZ hZciZcXZ Wn V _jY\bZci Vh bVcV\ZbZci dg Vji]dg^oZY

'# CZkZg WZ hZciZcXZ Wn V _jY\bZci id WZ WVc`gjeiXn dg ^chdakZcXn#

(# CZkZg WZ hZciZcXZ Wn V _jY\bZci Vh bVcV\ZbZci dg Vji]dg^oZY

eZghdc ^c i]Z WVc`gjei dg ^chdakZci XdbeVcn#

eZghdc ^c i]Z WVc`gjei dg ^chdakZci XdbeVcn#

>> %-&

Other Relevant Information SSi Annual Report 2009

13. Mr. Yuke Sutarat Director and Executive Director age 47 years

Family Relation among Management : - None Tenure : 1 year (from 11 August 2008 to 31 December 2009) Number of Shares : - None -

14. Mr. Piya Viriyaprapaikit Director, Executive Director and Good Corporate Governance Committee Member age 60 years

Director Training Program " CdcZ "

Family Relation among Management : Son of Mrs. Prapa Viriyaprapaikit Nephew of Mr. Wit Viriyaprapaikit Tenure : 14 years (from 24 April 1995 to 31 December 2009) Number of Shares : - None -

Work Experience

Education

'//(

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9]VcV H^Vb ;^cVcXZ VcY HZXjg^i^Zh

B#H# EhnX]dad\n ! EdgiaVcY HiViZ Jc^kZgh^in! DgZ\dc! J#H#6#

EjWa^X 8dbeVcn A^b^iZY

'/./ # '//&

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Director Training Program " CdcZ "

Education

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H^Vb 8dbbZgX^Va 7Vc` EjWa^X 8dbeVcn A^b^iZY

Current Position in Other Organization >c a^hiZY XdbeVc^Zh /

HZc^dg K^XZ EgZh^YZci! HB: 8gZY^i G^h` 9ZeVgibZci!

7Vc` d[ 6njY]nV EjWa^X 8dbeVcn A^b^iZY

>c cdc"a^hiZY XdbeVc^Zh /

Work Experience '//, # (&&'

9^gZXidg! I]V^ 8dViZY HiZZa H]ZZi 8dbeVcn A^b^iZY

'//( # (&&/

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'//' # (&&&

9^gZXidg! HKD6 EjWa^X 8dbeVcn A^b^iZY

'//& # '//.

9^gZXidg!

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9^gZXidg VcY :mZXji^kZ 9^gZXidg!

Current Position in Other Organization

>c a^hiZY XdbeVc^Zh /

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>c a^hiZY XdbeVc^Zh di]Zg dg\Vc^oVi^dc i]Vi bVn XVjhZ Vcn Xdc[a^Xi d[

^ciZgZhi id HH> / " CdcZ "

>c cdc"a^hiZY XdbeVc^Zh /

The Attendance in year 2009 :

9^gZXidg! EgVX]jVe Edgi 8dbeVcn A^b^iZY

9^gZXidg! HV]Vk^g^nV <gdje 8dgedgVi^dc A^b^iZY

9^gZXidg! HV]Vk^g^nV EVc^X] 8dbeVcn A^b^iZY

&# I]Z 7dVgY d[ 9^gZXidgh BZZi^c\

'# I]Z 7dVgY d[ :mZXji^kZ 9^gZXidgh BZZi^c\

(# I]Z 6ccjVa <ZcZgVa BZZi^c\ d[ H]VgZ]daYZgh

)$+ i^bZh &%$&' i^bZh %$& i^bZ

9^gZXidg! 7Vc\hVe]Vc 7Vgb^aa EjWa^X 8dbeVcn A^b^iZY

>c a^hiZY XdbeVc^Zh di]Zg dg\Vc^oVi^dc i]Vi bVn XVjhZ Vcn Xdc[a^Xi d[ ^ciZgZhi id HH> /

Criminal offense record during the past 10 years :

&# CZkZg WZ hZciZcXZ Wn V _jY\bZci ^c Xg^b^cVa d[[ZcXZ#

'# CZkZg WZ hZciZcXZ Wn V _jY\bZci id WZ WVc`gjeiXn dg ^chdakZcXn#

9^gZXidg! EgVeVl^i 7j^aY^c\ EgdeZgin 8dbeVcn A^b^iZY

(# CZkZg WZ hZciZcXZ Wn V _jY\bZci Vh bVcV\ZbZci dg Vji]dg^oZY

The Attendance in year 2009 :

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9^gZXidg VcY :mZXji^kZ! HV]Vk^g^nV EaViZ B^aa EjWa^X 8dbeVcn A^b^iZY

&# I]Z 7dVgY d[ 9^gZXidgh BZZi^c\

'# I]Z 7dVgY d[ :mZXji^kZ 9^gZXidgh BZZi^c\

+$+ i^bZh

(# I]Z <ddY 8dgedgViZ <dkZgcVcXZ 8dbb^iiZZ BZZi^c\ +$, i^bZh

)# I]Z 6ccjVa <ZcZgVa BZZi^c\ d[ H]VgZ]daYZgh

&&$&' i^bZh

&$& i^bZ

>> %-'

Other Relevant Information SSi Annual Report 2009

Criminal offense record during the past 10 years :

Current Position in Other Organization

&# CZkZg WZ hZciZcXZ Wn V _jY\bZci ^c Xg^b^cVa d[[ZcXZ#

>c a^hiZY XdbeVc^Zh / " CdcZ "

'# CZkZg WZ hZciZcXZ Wn V _jY\bZci id WZ WVc`gjeiXn dg ^chdakZcXn#

>c cdc"a^hiZY XdbeVc^Zh /

(# CZkZg WZ hZciZcXZ Wn V _jY\bZci Vh bVcV\ZbZci dg Vji]dg^oZY

9^gZXidg! VcY 8]V^gbVc d[ i]Z 7dVgY d[ :mZXji^kZ 9^gZXidgh!

9^gZXidg! :mZXji^kZ 9^gZXidg VcY 6Xi^c\ BVcV\^c\ 9^gZXidg!

eZghdc ^c i]Z WVc`gjei dg ^chdakZci XdbeVcn#

15. Mr. Win Viriyaprapaikit Director, Executive Director and President age 39 years

Family Relation among Management : Son of Mr. Wit Viriyaprapaikit Nephew of Mrs. Prapa Viriyaprapaikit Tenure : 10 years (from 30 June 1999 to 31 December 2009) Number of Shares : - None -

I]V^ 8daY GdaaZY HiZZa H]ZZi EjWa^X 8dbeVcn A^b^iZY

9^gZXidg! EgVX]jVe Edgi 8dbeVcn A^b^iZY

LZhi 8dVhi :c\^cZZg^c\ 8dbeVcn A^b^iZY

9^gZXidg! I]V^ 8dViZY HiZZa H]ZZi 8dbeVcn A^b^iZY

9^gZXidg! HV]Vk^g^nV <gdje 8dgedgVi^dc A^b^iZY

9^gZXidg! HV]Vk^g^nV >ciZg HiZZa =daY^c\h 8dbeVcn A^b^iZY

9^gZXidg! HV]Vk^g^nV EVc^X] 8dbeVcn A^b^iZY

9^gZXidg! HV]Vk^g^nV >gdc VcY HiZZa 8dbeVcn A^b^iZY

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Education

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Director Training Program

The Attendance in year 2009 :

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Criminal offense record during the past 10 years :

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>> %-(

Other Relevant Information SSi Annual Report 2009

Management 1. Mr. Win Viriyaprapaikit Director, Executive Director and President

3. Miss Wanna Tangcharoenching Vice President - Commercial Division

Education

Education

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age 39 years

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Director Training Program

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age 51 years

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4. Mr. Nava Chantanasurakon Vice President - Human Resources & Administration Division Vice President - Public Affairs and Social Responsibility Division and Secretary to the Remuneration Committee age 44 years

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Education

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2. Miss Sunee Wattanapholmongkol Vice President - Finance & Accounting Division and Secretary to the Risk Management Committee age 45 years

Education

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>> %-)

Other Relevant Information SSi Annual Report 2009

5. Mr. Kittisak Mapanao Vice President - Manufacturing Division

7. Mr. Somsak Sivapaiboon Vice President - Office of the President

Education

Education

age 47 years

age 43 years

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6. Mr. Wichien Tungsuknirundorn Vice President - Office of the President

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8. Mr. Narongrit Chotnuchittrakul Vice President - Office of the President age 40 years

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>> %-*

Other Relevant Information SSi Annual Report 2009

9. Mr. Jira Chotinuchit Vice President - Office of the President age 42 years

Education

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10. Mrs. Wannee Sirikanchana Secretary to the Audit Committee and Secretary to the Good Corporate Governance Committee age 54 years

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11. Mr. Surasak Ngamsidhiphongsa Company Secretary, Secretary to the Board of Executive Directors and Secretary to the Nomination Committee age 51 years

Education

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>> %-+

Other Relevant Information SSi Annual Report 2009

Shareholding of Directors and Management Cd#

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>> %-,

Other Relevant Information SSi Annual Report 2009

Management Remuneration and Audit Fees in 2009 Management Remuneration in 2009

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Dividend Policy

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Shareholding Structure Shareholders

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Remuneration Committee’s Report To the Board of Directors of Sahaviriya Steel Industries Public Company Limited:

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Committee’s Report SSi Annual Report 2009

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Committee’s Report SSi Annual Report 2009

Report of the Nomination Committee To the Board of Directors of Sahaviriya Steel Industries Public Company Limited:

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Committee’s Report SSi Annual Report 2009

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Committee’s Report SSi Annual Report 2009

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Committee’s Report SSi Annual Report 2009

Good Corporate Governance Committee’s Report for 2009 To: Board of Directors of Sahaviriya Steel Industries Public Company Limited

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Committee’s Report SSi Annual Report 2009

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Committee’s Report SSi Annual Report 2009

Report of the Risk Management Committee To the Board of Directors of Sahaviriya Steel Industries Public Company Limited

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Financial Statements SSi Annual Report 2009

Report on the Responsibility of the Board of Directors for the Financial Reports of 2009

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Financial Statements SSi Annual Report 2009

Management Discussion and Analysis of the Company’s Financial Status and Performance Operational Results Total Revenues and Income from Sales and Services

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