Appoint “Prasert” to sit as Chairman of the PTT Board, replacing “Tossaporn” as expected.

“Prasert”, Permanent Secretary of Energy, sits as chairman of the PTT board in place of “Tossaporn Sirisamphan” after there was news of being under political pressure, effective on 16 November.

Mr. Atthaphon Rerkpiboon, Chief Executive Officer and President of PTT Public Company Limited (PTT), revealed that at the PTT Board Meeting No. 10/2023 on October 19, come It was resolved to appoint Mr. Prasert. Sinsukprasert, Director, is the Chairman of the Board in place of Mr. Tossaporn Sirisamphan, who has resigned with effect from November 16, 2023, and will present it to the State Enterprise Policy Committee (SOE) for consideration and approval. According to the guidelines followed in accordance with the resolution of the NOR in the meeting no. 1/2015, later the Office of the State Enterprise Policy Committee (SPO), as the secretary of the State Enterprise Board Screening Committee, issued a letter dated 20 November 2023 informed PTT that because the State Enterprise Policy Committee had appointed a committee to screen state enterprise directors. and approve the criteria and methods for considering and selecting persons to be state enterprise directors. According to the State Enterprise Governance and Administration Development Act 2019, then request to send the matter back. PTT to proceed according to State Enterprise Development Act, etc.

In this regard, PTT would like to inform you of the resolution of the PTT Board of Directors to appoint Dr. Prasert Sinsukprasert. Permanent Secretary of the Ministry of Energy Sitting as Chairman of the PTT Board of Directors, effective from November 16, 2023 onwards, and in order to comply with the principles of good corporate governance, Mr. Prasert Sinsukprasert Therefore, I would like to resign from being a member of the Enterprise Risk Management Committee. Effective from 16 November 2023 onwards.

Mr. Thotsaporn Sirisamphan has submitted his resignation from the position of Chairman of the Board of Directors of PTT Public Company Limited after there was news that he was under political pressure to resign from the position. which in the board meeting PTT on October 19, 2023 received notice of the resignation of Mr. Thotsaporn. and selected Mr. Prasert Sinsukprasert Permanent Secretary of the Ministry of Energy Became the Chairman of the PTT Board instead.

Previously, there had been a signal from the political department forcing Mr. Thotsaporn to resign. But Mr. Thotsaporn did not agree. Therefore, a letter was sent to the Securities and Exchange Commission (SEC) on October 16, 2023 to interpret the regulations. PTT strictly