Page 18 - Annual report eng 2020

Tycoons Worldwide Group (Thailand) Plc.

1. The dividend was paid: the company omitted annual dividend for 2017, 2018
and 2019.
2. The payment rate compared to the net profit: the company omitted annual
dividend for 2017, 2018 and 2019.

7. Management structure
The management structure of the company is composed of the Board of Directors, the audit
committee and the management team, details of which are as follows:

7.1 Board of Director
The Board of Directors as at Dec 31,2020
No. Name-Last Name Position
1 Ms. Lu, Yen-Chuan Chairman of Board
2 Mr. Huang, Wen-Sung Director
3 Mr. Natthawat Thanapinyanun Director
4 Ms. Hwang, Feng-Mei Director
5 Mr. Surabhon Kwunchaithunya Independent director and

Chairman of the Audit Committee
6 Mr. Jirawat Huang Independent director and Audit Committee
7 Mr. Phiphat Wangphichit Independent director and Audit Committee
Independent director
1) All Independent Director Members has requisite qualification in accordance with
relevant SEC and SET rules and guidelines, (specifically, that such members had
one accounting or finance backgrounds is Mr. Surabhon Kwunchaithunya).
2) All Independent Director Members have no relationships (e.g., parents, spouses,
children, uncles and aunts) between the candidates and the management or
majority shareholders of company or its affiliates.
3) All Independent Director members have no relationships with Company/ parent
company/ affiliated and associated companies or juristic persons with potential
conflicts of interest at present and during the past two years, as follows:
○ Executive directors, staff, employees or advisers who earn salaries from Company.

○ Professional service provider.
○ Material business relationships with Company that may affect their independence.

Details of Attendance and service of the Board of Directors

Number of Number of years the
Name attendances / directors have served
Total of meeting
2020 2019 2020 (years)
1. Ms. Lu, Yen-Chuan 0/8 0/7 17.5
2. Mr. Huang, Wen-Sung 0/8 2/7 17.5
3. Mr. Natthawat Thanapinyanun 8/8 7/7 14.5
4. Ms. Hwang, Feng-Mei 7/8 7/7 4.8
5. Mr. Surabhon Kwunchaithunya 8/8 7/7 17.5
6. Mr. Jirawat Huang 8/8 7/7 17.5
7. Mr. Phiphat Wangphichit 8/8 7/7 17.5

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