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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. Name and attendances at meeting of each member of the committee is shown in the table below:
Name
Position
Attendances / Total of meetings (Times)
1. Mr. Preecha Leelasithorn 2. Mr. Soraj Asavaprapha* 3. Mr. Kriengsak Thiennukul
Chairman of Nomination and Remuneration Committee 2/2 Member of Nomination and Remuneration Committee 2/2 Member of Nomination and Remuneration Committee 2/2
* Mr. Soraj Asavaprapha resigned from the positions of director of the Company and member of all committees on December 2, 2016. The meeting of the Board of Directors No. 1/2017 has passed a resolution to appoint Mrs. Punnee Worawuthichongsathit, an independent director, to be a member of Nomination and Remuneration Committee. To this regard, Mrs. Punnee Worawuthichongsathit shall retain her of ce for the remaining term of the former member.
Nomination and Remuneration Committee perform their duties according to the scope and responsibility de ned by the charter of the Nomination and Remuneration Committee in order to:
1. ConsiderandexpressopiniononelectionofdirectorsretiringbyrotationandproposethismattertotheBoard of Directors before seeking approval from the Annual General Meeting of Shareholders 2016.
Also, the Company complies with corporate governance principles by giving opportunity to all shareholders to nominate quali ed person to be elected as the director. However, there was no nomination sent to the Company.
2. Considerandexpressopinionon xingremunerationfordirectorsandproposetotheBoardofDirectors before seeking approval from the Annual General Meeting of Shareholders 2016.
3. Considerallowancepaymentfordirectorsandbonuspaymentforexecutivesfor2016.
4. Consider self-assessment results of the Nomination and Remuneration Committee.
5. Consider performance appraisal results of Chief Executive Of cer.
Annually reporting to the Board of Directors, Nomination and Remuneration Committee shall appropriately perform their duties with ef ciency and transparency for the bene ts of the Company.
On behalf of Nomination and Remuneration Committee
(Mr. Preecha Leelasithorn)
Chairman of Nomination and Remuneration Committee
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