INTEGRITY QUALITY SERVICE - Saha-Union Co., Ltd

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SAHA-UNION
4. THE RISK MANAGEMENT COMMITTEE comprises:
Name
Position
1. Mr. Thitivat Suebsaeng Chairman of the Risk Management Committee
2. Miss Dalad Sapthavichaikul Risk Management Committee
3. Mr. Vacharaphong Darakananda Risk Management Committee
4. Mrs. Srinual Sombatpraiwan Risk Management Committee and Secretary
The Committee has the scopes of authority to determine the policies and to monitor the company’s risk management.
The Committee has power to appoint sub-committees for any specific risk management task in order to perform the risk
management as appropriate.
Nomination of Directors and Executives
The election of the Company’s Directors was considered by the Nomination Committee who performed the duty of recruiting
personnel with proper qualifications, knowledge, abilities and experience in business administration as well as devotion of
time to perform their duties for the Company; such qualifications shall not be contrary to the regulations of related government
authorities to propose to the shareholders in the Annual Ordinary General Meeting under the agenda of Directors Election
in accordance with Regulations of the Company, as follows:
1. One shareholder shall have one vote per one share.
2. In the election of directors, either one or several directors may be elected at one time, according to the number of directors
to be elected in that occasion, as the shareholders’ meeting may deem expedient which uses the election methods in line
with the public laws.
3. Directors shall be elected by the majority votes. In case of equal votes, the chairman of the meeting shall have a casting
vote. The rights of minor shareholders shall be in accordance with the Company’s Regulations, which are not specified as
a special case.
In each Annual Ordinary General Meeting, one-third of directors must be released from the office. In case the number of
directors cannot be divided into three portions, the most approximate number to one-third of the directors shall be released
from the office.
Directors to be released from office in the first year and in the second year after the Company’s registration shall be selected
by drawing lots; meanwhile, in the following years, directors who have been in office longest will be released from office.
Retiring directors may be reelected.
Apart from the retirement by rotation, a director may be released from the office in cases of:
1. Death
2. Resignation
3. Disqualification
4. The shareholders’ meeting has passed its resolution to release the director from the office with at least three-fourth
of the total shareholders attending the meeting and having the voting rights, and holding at least one half of the total
shares held by shareholders attending the meeting and having the voting rights;
5. Court order
In 2011, there was a change in the Board of Directors. All directors in position have passed the process of nomination
from the Nomination and Renumeration Committee, and gained the agreeing resolution from the 2011’s Annual Ordinary
General Meeting of shareholders under the agenda of Directors Election.