Page 50 - TICON Industrial Connection Public Company Limited : : Annual Report 2014 EN

Message from the Report of the Report of the Company
Chairman Audit Committee on Risk Management Com- Financial Factory/ Social Board of Directors General Overview of Nature of
of the Board Corporate Governance mittee Highlights Warehouse Responsibilities and Management Information Business Business

1. In the case of appointing a Director to replace a retiring Director, or appointing an additional
director, a resolution from a shareholders' meeting is required. The said appointment takes
place under the following procedures:

a) Each shareholder has one vote per share
b) Each shareholder may exercise his/her voting right pursuant to a) to elect one or more
candidates as Director(s) but may not allot his/her votes to any such candidate
unequally.
c) Candidates who receive the largest numbers of votes shall be elected as Directors
until the vacancies are filled. Where there is a tie among the candidates, the chairman
of the meeting is entitled to a casting vote.

2. Where a Director vacates office for reasons other than retirement, the Board of Directors
will appoint a qualified person as a replacing director.

3. EXECUTIVE COMMITTEE

As of 31 December 2014, the Company s Executive Committee consists of five members, as
follows:

1. Mr. Wei Cheng Kuan Chairman of the Committee
2. Mr. Virapan Pulges Vice Chairman of the Committee
3. Mr. Chali Sophonpanich Committees member
4. Mr. Jirapongs Vinichbutr Committees member
5. Dr. Somsak Chaiyaporn Committees member and Secretary to the Committee

Roles, duties and responsibilities of the Executive Committee

1. Undertake action assigned by the Board.
2. Strictly comply with laws, objectives, rules and regulations of the Company.

4. AUDIT COMMITTEE

As of 31 December 2014, the Company s Audit Committee consists of three members,
as follows:

1. Mr. David Desmond Tarrant Chairman of the Committee/Independent Director
2. Mr. Chatchaval Jiaravanon Committees member/Independent Director
3. Mr. Threekwan Bunnag Committees member/Independent Director

50

Annual Report 2014