Page 81 - TYCONS - ANNUAL REPORT 2022

Tycoons Worldwide Group (Thailand) Plc.

Remuneration for director and management
Director’s and Management remuneration

Type of Director’s remuneration Executives’ remuneration
remuneration persons persons
(Baht) (Baht)
2022 2021 2022 2021
Salary 1,640,000 1,080,000 17,502,207 14,056,250
Bonus - 2,540,310 2,635,235
Premium - -
Profit-sharing - -
Other welfare - -
Total 1,640,000 1,080,000 20,042,517 16,691,485

Director’s and Management remuneration (Salary& Bonus) in year 2022 and 2021 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
2022 2021
1. Mr. Huang, Wen-Sung *** Chairman of Board and Executive 270,000 120,000
Board
2. Ms. Lu, Yen-Chuan *** Director and Executive Board 250,000 240,000
3. Mr. Natthawat Thanapinyanun Director and Executive Board 200,000 120,000
4. Ms. Hwang, Feng-Mei Director and Executive Board 200,000 120,000
* Mr. Surabhon Kwunchaithunya Independent director and Chairman -- 180,000
of the Audit Committee

5. Mr. Navin Vongchankit** Independent director and Chairman 320,000 60,000
of the Audit Committee

6. Mr. Jirawat Huang Independent director and Audit 200,000 120,000
Committee
7. Mr. Phiphat Wangphichit Independent director and Audit 200,000 120,000
Committee
Total 1,640,000 1,080,000

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