Patkol Public Company Limited B. The body of the nomination committee The nomination committee comprises of 3 members of the Board of Directors, who are appointed by the Board in according to the good corporate governance to select a director to replace the director resigning by rotation or vacant directorship. C. Scope of authorities of the nomination committee 1. To select a qualified person for directorship or managing director. 2. To establish procedures and principles for the Companyûs director and managing director selection for its transparency. 3. To determine and select a qualified person for the directorship and managing director and propose to the Board of Directors meeting and/or the shareholders meeting for approval. Responsibilities : The nomination committee has direct responsibilities to the Board of Directors in connection with assigned duties and responsibilities. The Board of Director is also responsible for the Companyûs operations towards third parties. 4.
Remuneration Committee A. List of the remuneration committee as of December 31, 2007 1. Mr. Suchart Sooksumitr Chairman of the remuneration committee 2. Mr. Virachai Srikajon Remuneration director 3. Mr. Preecha Chantarangkul Remuneration director 4. Miss Nongluck Sakdakrai Remuneration director B. The body of the remuneration committee The Board of Directors appointed the remuneration committee which consists of 4 directors and 3 of which are independent directors. The committee is responsible for determining and setting up remuneration for the Companyûs directors by comparing with industries of the same type. C. Scope of authorities of the remuneration committee : 1. To determine criteria for setting up remuneration for directors and managing director. 2. To establish procedures and principles for setting up fair and reasonable remuneration for directors and managing director and propose to the shareholders meeting for approval. Responsibilities : The secretary is responsible for arranging a Board of Directors and shareholders meeting, filing the meeting minutes and directorsû profile, and supporting the Board of Directorsû performance pertinent to legal regulations. Secretary of the company In order to comply with good corporate governance of the listed companies under the Board of Directorsû responsibilities category, the Company has appointed Assoc. Prof. Noppavan Chongvatana to be the secretary of the Company.
Annual Report 2007
As of 31 December 2007