Executive Committee
Roles and Responsibilities
(1) To consider and refine strategies, goals, and plans (both short-term and long-term), as well as annual budgets to be presented to the Board of Directors.
(2) To consider the pursuit of a new business or to dissolve the business and propose it to the Board of Directors for approval.
(3) To consider and approve the conclusion of any contract and/or transaction related to the normal business operation of the Company (such as trading, investment, or joint venture with another person for the normal transaction of the Company and for the benefit of the Company's objectives) within the limits specified in the Delegation of Authority or as determined by the Board of Directors.
(4) To consider and approve any loans and applications from financial institutions, loans, as well as pledges, and mortgages of the Company or to act as guarantors of subsidiaries within the limits specified in the Delegation of Authority or as determined by the Board of Directors.
(5) To consider and approve the appointment of a qualified person to hold the position of senior executive officer as proposed by the Chief Executive Officer.
(6) To consider and approve the determination of salary. Salary increase, bonus setting. Remuneration and rewards, including evaluation of the performance of senior executives.
(7) To consider and approve the framework of the remuneration policy and the criteria for payment of remuneration of the company's employees.
(8) To consider and screen all types of work proposed to the Board of Directors for consideration, except The work is under the responsibility of other sub-committees of the Company that will be considered and screened for direct presentation to the Board of Directors.
(9) To supervise the information technology plans and policies in the annual operation of the following matters:
- Information Technology Risk Management
- Consider investment in information technology and allocate resources in line with the company's strategic direction.
- Approve project plans and budgets, as well as prioritize tasks.
(10) Take any action to support the above operations or take any other actions as assigned by the Board of Directors by the policies prescribed by the Board of Directors.
If the Executive Committee has a resolution or order for any person or group of persons to act on its behalf, the authorized person may not delegate the authority to another person to act on his or her behalf unless it is stated in the delegation of power that the next period of power of attorney may be delegated.
