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Tycoons Worldwide Group (Thailand) Plc.

Remuneration for director and management

Director’s and Management remuneration

Type of remuneration Director’s remuneration persons Executives’ remuneration persons
(Baht) (Baht)
2024(7 persons) 2023(7 persons) 2024(8 persons) 2023(8 persons)
Salary 1,920,000 1,920,000 16,207,536 15,993,348
Bonus 2,809,980 2,817,480
Premium
Profit-sharing
Other welfare
Total 1,920,000 1,920,000 19,017,516 18,810,828

Director’s and Management remuneration (Salary& Bonus) in year 2024 and 2023 as above:

The directors’ remuneration of the Company has not been approved by Remuneration
Committee due to the Company didn’t set the Committee up. However, the directors’ remuneration
has already been compared to other similar industries and taken account of other issues such as
business expansion and growing up of profit. Eventually, it is approved by Board of directors with
careful consideration and approved by shareholders through shareholders ‘meeting.

Salary& Bonus
Name Position
2024 2023
1. Mr. Huang, Wen-Sung Chairman of Board and Executive Board 360,000 360,000
2. Ms. Lu, Yen-Chuan Director and Executive Board 240,000 240,000
3. Mr. Natthawat Thanapinyanun Director and Executive Board 240,000 240,000
4. Ms. Hwang, Feng-Mei Director and Executive Board 240,000 240,000
5. Mr. Navin Vongchankit Independent director and Chairman of 360,000 360,000
the Audit Committee
6. Mr. Jirawat Huang Independent director and Audit 240,000 240,000
Committee
7. Mr. Phiphat Wangphichit Independent director and Audit 240,000 240,000
Committee
Total 1,920,000 1,920,000

8.1.3 Supervision operations of its subsidiaries and associates

The Company investment in subsidiaries or associated company must be approved by the
Board of directors and authorized the Chairman/directors on behalf of the Company as the
Chairman/directors of the subsidiaries and associated company by the proportion of shareholding.

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