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Report on Key Corporate Governance Performance

Report of the Executive Board
The Executive Board has been appointed by the Board of Directors to support the operation of the Board of
Directors. The Executive Board is composed of five members, four of whom are from the Board members and one from
Bangkok Commercial Asset Management Public Co., Ltd.
an outsider, with Chief Executive Officer serving as the ex officio member and secretary. List of the Executive Board is
as follows:
1. Mr. Bunyong Visatemongkolchai Chairman of the Executive Board
2. Mr. Satorn Topothai Executive Board Member
3. Mr. Pisit Serewiwattana Executive Board Member
4. Mr. Vichan Amornrojanawong Executive Board Member (outsider)
5. Mr. Bundit Anantamongkol Executive Board Member and Secretary

In 2022, the Executive Board held a total of 45 meetings to consider the matters under the scope of duties and
responsibilities as specified in the Executive Board Charter and as assigned by the Board of Directors, in the following
significant areas:
• Business
- Considered, screened and gave opinion on the appropriateness of the Company’s strategies, operational
plans, annual budgets, and business operation targets before proposing for the Board of Directors’ consideration
and approval, and monitored the progress of the operation against the plans on a quarterly basis, as well
as provided opinions and advice beneficial to the management and operation under the strategic plans.
- Considered and approved the auction prices for distressed assets (NPLs and NPAs) from financial institutions
as authorized by the Board of Directors, and gave advice to the management regarding investment and
strategic guidelines to boost competitive potential.
- Considered the NPL and NPA management guidelines, approved debt restructuring and sales of NPAs
within its scope of authority, and screened cases under the authority of the Board of Directors before
proposing for the Board of Directors’ consideration.
- Considered, screened and gave opinion on the forms of investment and expansion of business scope of
the Company.
- Considered, screened and gave opinion on the NPL and NPA investment policy before proposing for the
Board of Directors’ consideration and approval.
- Monitored the result of portfolio management, portfolio status, success factors and factors affecting the
business in order to give advice to the management.
- Acknowledged and gave advice on marketing promotions/campaigns/projects to promote and support
sales of NPAs and debt restructuring.

• Finance and Liquidity
- Considered and approved issuance of quarterly financial statements.
- Considered and approved the amount, interest rate, tenor, terms and conditions, and others as deemed
appropriate for the issue and offering of debentures as authorized by the Board of Directors.