Definition of Independent Director and its Comparison between Governance Criteria

EGCO Group’s definition of Independent Directors is more stringent than the criteria set by The Stock Exchange of Thailand (SET) and the Notification of Capital Market Supervisory Board Re: Application for Approval and Granting of Approval for Offering of Newly Issued Shares. When comparing the directors’ qualifications against the Independent Director Definitions of EGCO Group, SET, and Dow Jones Sustainability Indices, there are some variations in terms of Independent Director Definitions. However, EGCO Group’s directors hold independent qualifications that comply with the governance criteria.