Page 73 - EASTERN POLYMER GROUP | ANNUAL REPORT 2015

Terms of office of the Risk Management Committee
Terms of office for the Chairman of the Risk Management
and the Risk Management Committee are 3 years. Upon
term completion, the resigned person may be re-elected
in the annual general meeting of the shareholders.
Scope of duties and responsibilities of the Risk Management 4. Report the risks and suggestions thereof to the Board.
Committee
1. Assess the potential risks both external and internal,
and their impact that may have to the organization.
2. Determine risk management policy and assign the
Management to comply, and report the performance to the
Risk Management Committee.
Nomination and Remuneration Committee
Nomination and Remuneration Committee consists of 5 directors as follows:
Name Atsawintarangkun
1. Mr. Chaiwat Santichaikul
Wattanachai
2. Mr. Thanachai Vitoorapakorn
3. Mr. Panchai Vitoorapakorn
4. Mr. Teerawat
5. Mr. Chalieo
Term of office of the Nomination and Renumeration
Committee
Terms of office for the Chairman of the Nomination and
Remuneration Committee and the Nomination and
Remuneration Committee are 3 years. Upon term
completion, the resigned person may be re-elected in the
annual general meeting of the shareholders.
Scope of duties and responsibilities of the Nomination and
Renumeration Committee
1. Suggest structure, details and composition of the Board
and committee, including determination of qualification,
procedures and criteria of nomination process to be in
accordance with the structure size, and composition set
forth by the Board.
2. Select and propose list of candidates to the meeting of
shareholders in case of the position become vacant due
to term completion. The board of directors shall consider
the candidates in case the position becomes vacant due
3. Develop and review risk management system to ensure
the continual efficiency and effectiveness, arrange
performance assessment and monitor the risk management
system to ensure the consistency to the policies established
on regular basis.
5. Perform other tasks as may be assigned by the Board.
Position in Nomination and Remuneration Committee
Chairman
Member
Member
Member
Member
to the reason other than term completion and in case of
selection of Managing Director position.
3. Nominate candidates for sets of Sub-committee and
the Chairman of the Executive Officers in order to propose
to the meeting of the Board.
4. Suggest remuneration structure of the Board and sets
of Sub-committees both in monetary form and other forms
to be consistent to the operation result of the Company
and to be comparable to other organizations in the same
business category; propose such matter to the Board for
consideration andthenproposetothemeetingofshareholders
for approval.
5. Propose criteria of assessment to the Board to be
implemented in the performance assessment for the Board
as a whole.
6. Perform any other tasks as assigned by the Board from
time to time.
71Eastern Polymer Group Public Company Limited