Principle 4 :     (Ensure Effective CEO and People Management)

Board of Director realize that personnel who will enter into position of top management such as Chief Executive Officer, Managing Director of subsidiaries and Deputy To Managing Director – Is an important management position and driving the company towards the goal therefore one role of directors is supervision for nomination of such persons must be appropriate and clear. By considering on knowledge, ability, experiences, determine the compensation structure and have an appropriate assessment and develop people to be in line with directions and strategies.

      •  Succession Plan Top Management

Board of Directors realize a succession at executive level especially leadership of organization such as Chief Executive Officer, Managing Director of subsidiaries with objective on making confidence for investor, organization through employees somehow Board of Directors has prepared personnel to assign task in order for replacement position of top management and highest supervisor or all department

1. Define the explanation of word “Top Management” which relevant to organization’s goals and strategy including specific qualification, knowledge and required skills

2. Selection of second level from top management with vision, knowledge and ability

3. Analyze qualification individually in order to find strength and other thing need to be improved

Board of Directors has meeting with executives, top management, secondary top management (succession plan) together with executive chairman by monthly – Meeting of the performance of the company and subsidiaries as part of supporting the succession plan

By this, executives has continuous monitor and evaluate on performance of individual who will be promoted to hold the position of executives thus to be consider and propose to Board of Director meeting for approval

        •  Succession plan for the department’s supervisor position

1. Provide development on secondary executives in term of vision, knowledge and ability to support chief executive and commandant

2. Provide training in term of enhance academic knowledge and learn in real work Situation

3. Provide secondary executives to be corporate and work with Chief Executive

4. Set secondary executives which can descendant and set properly on positions

5. Prepare personnel with unique capabilities and gain more comprehensive management

6. Middle executives to have chance in management in

7. Provide training of each line systematically

8. Provide training to Chief Executive, Middle executives to be responsible on their task with honest to organization and overview of organization in order to become next level of

The company has schedule meeting every month by Executives, Top Management and Secondary Top Management (succession plan) together with Executive Chairman which is operating results of subsidiaries thus includes shareholders meeting to set organization objective. In addition, create a sense of participation and build awareness in working process and as part of succession plans.

    •  New Director

The company had orientation for new incoming Directors in order to acknowledge business policy including related information such as company’s article of association, rules, and any regulations concerned with business operation. Moreover, this will be beneficial to new directors therefore the company has prepared guideline for directors as follows:

Guideline for Director

• Securities and Exchange Commission ACT (No.4) 2008

• Charter on Board of Directors

• Certificate of registrations on public company limited

• Certificate of Company Registration and Objective of company

• Article of Association

• Policy manual on good corporate governance

• Policy manual on listed company directors of SEC

1.     Other information

• Company goals and vision

• Annual report together with presentation to guide nature of business to new directors