Management Team

Executive Management List as of December 31, 2023

Functions and Responsibilities of the President

The President has duties as assigned by the Board of Directors as follows:

1. Manage the Company's business in accordance with the Company's Articles of Association and as assigned by the Board of Directors and execute plans approved by the Board of Directors with prudence to protect the best interests of the Company and its shareholders.
2. Monitor and manage daily operational results of each department to ensure these are carried out effectively and efficiently.
3. Assign, nominate, remove, and punish employees and staff of the Company to comply with Company discipline.
4. Report work progress to be in line with work plans and budgets as approved by the Board of Directors.
5. Have the power to issue orders, regulations, announcements, and records to ensure compliance with the Company's policies and interests and maintain work discipline within the organization.
6. Have the power to delegate the authorities and/or assign another person to perform a specific task instead by delegating such subsidies and/or assignments to be subject to the scope of power of attorney and/or in accordance with the regulations, the terms, as well as the Table of Authority specified by the Board of Directors, or the orders set by the Board of Directors and/or the Company.
7. The Company designated the Board of Directors to authorize the approval and amendment of the plan, the annual budget, investment plan, one-time investment expenses, as well as the Company's selling and administrative expense budget. The Chief Executive Officer and/or President and/or Senior Executive Vice President has the authority to approve investments from approved investment budgets, requesting expenses, determining or changing marketing plans and annual marketing budgets in accordance with an approved budget without limits. The Chief Executive Officer and/or President and/or Senior Executive Vice President has the authority to approve advertisement, promotion, and marketing activities, both in accordance with the plan and not within the plan, being within the limits approved by the Board of Directors.

            In addition, the Board of Directors authorized the management of the Company to the Chief Executive Officer and the President with the following principles and authority as follows:

1. To be authorized to manage the Company's business in accordance with the objectives, regulations, policies, regulations, requirements, orders, as well as resolutions of the Board of Directors meeting and/or the resolutions of the shareholders' meeting of the Company in all respects.
2. To be authorized to command, contact, order, and execute as well as enter into juristic acts, agreements, orders, notices, or letters necessary and reasonable in order to accomplish the above actions.

            The use of the powers of the aforementioned CEO and President cannot be done if the Chief Executive Officer and President have a stake or may have any conflict of interest with the Company.