Page 128 - Annual Report 2015 - Mono Technology Public Company Limited

Report of Nomination and Remuneration Committee
Appointed by the Board of Directors, Nomination and Remuneration Committee consists of three members, including two independent directors and one non-executive director. Mr. Preecha Leelasithorn is the Chairman of Nomination and Remuneration Committee, whereas Mr. Kriengsak Thiennukul and Dr. Soraj Asavaprapha are members of Nomination and Remuneration Committee.
In 2015, Nomination and Remuneration Committee arranged two meetings of which were attended by all three members. They perform their duties according to the scope and responsibility defined by the charter of the Nomination and Remuneration Committee in order to:
1. Consider and express opinion on election of directors retiring by rotation and propose this matter to the Board of Directors before seeking approval for the 2015 shareholders’ meeting.
Also, the Company performs in line with corporate governance principles and give opportunity to all shareholders to nominate qualified person to be elected as the director. However, there was no nomination sent to the Company.
2. Consider and express opinion on fixing remuneration for directors and propose to the Board of Director before approval for the 2015 shareholders’ meeting.
3. Consider allowance payment for directors and bonus payment for executives for 2015.
4. Consider self-assessment results of the Nomination and Remuneration Committee.
5. Consider performance appraisal results of Chief Executive Officer
Annually reporting to the Board of Directors, Nomination and Remuneration Committee shall appropriately perform duty, with efficiency and transparency for benefit of the Company.
On behalf of Nomination and Remuneration Committee
(Mr. Preecha Leelasithorn) Chairman of Nomination and Remuneration Committee
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Mono Technology Public Company Limited