Page 187 - BAM ONE REPORT 2564 (ENGLISH VERSION)

Form 56-1 One Report 2021
Bangkok Commercial Asset Management Public Co., Ltd. 185

Employee’s remuneration
Monetary return
Employee’s monetary return includes salary, bonus, provident fund contribution and other remunerations of
the company’s employees (excluding the remuneration of Chief Executive Officer, President and Executive Vice
1
Presidents totaling 7 persons) for the accounting year ended 31 December 2021 amounting to 1,294.69 million Baht.

The Company established a provident fund according to the Provident Fund Act B.E. 2530 (1987) (including
amendments). from 1 February 2017, the company has contributed money for 6.0-10.0% of the employee’s salary
to the provident fund, and the employees contribute cumulative amount for at least 3.0% of their salary. In the accounting
year ending as of 31 December 2021, the Company had expenses about the provident fund for 94.38 million Baht, respectively

Remark : 1 Employee’s monetary return for the accounting year ended 31 December 2021 totaling 1,294.69 million
Baht does not include bonus for the 2021 performance that will be paid out in 2022.

Social Security Fund

The Company registered as the employer with the Social Security Fund according to the Social Security Act
B.E. 2533 (1990) (as amended). From 12 December 2019, the Company has paid contribution for employees at the
rate of 5% of their salary with base salary not exceeding 15,000 Baht, and the employees would pay contribution to
the social security fund at the equal rate of 5%. In 2021, the Social Security Fund decreased the rate of contribution,
whereby the contribution was paid at 3% by the Company and at 3% by the employees in January 2021; then at 3%
by the Company and 0.5% by the employees in February and March 2021; and at 2.5% by the Company and 2.5% by
the employees during June - November 2021. For the accounting year ended 31 December 2021, the Company incurred
expenses related to the social security fund totaling 7.56 million Baht.

Other remunerations

- None -

Liability agreement of directors and officers 1

Insurer Dhipaya Insurance Public Company Limited
Insured Directors and officers of the Company
Insurance term 1 April 2021 (00.01 hrs.) to 1 April 2022 (00.01 hrs.)
Sum insured 200.0 million Baht/ time throughout the insurance time including expenses and fees that the
Company makes payment, with written consent from the insurer (Defense Costs)
Policy type Liability insurance of directors and officers
Coverage The insured will pay indemnity that the insured and/or the Company has to pay as per the
laws instead of the insured or the company due to offence of the insured as the insured is
a director or officer of the Company.

Remark: 1 Directors and officers mean person appointed or elected to be directors, officers and secretary of the
Company in the past, at present, and in the future, including legal spouse of those people.