Charoong Thai Wire and Cable Public Company Limited announced that at its board meeting held on January 17, 2024, elected Mr. Thongchai Chasawath as the Independent Director and Member of the Audit Committee to replace Mr. Surachai Sirivallop, a director who resigned before the end of term, as the recommendation of the Nomination and Compensation Committee. The substitute director shall hold office only for the remaining term of office of the director whom he replaces, effective on January 17, 2024 onwards. The board also appointed Mr. Sai Wah Simon Suen as the Chairman of the Audit Committee to replace Mr. Surachai Sirivallop, the resigned director.

The substitute chairman of audit committee shall hold office only for the remaining term of office of the chairman of audit committee whom he replaces, effective on January 17, 2024 onwards. The Company's Audit Committee consists of 3 members: Mr. Sai Wah Simon Suen - Chairman of Audit Committee; Mr. Steven Suey Ku - Member of Audit Committee; Mr. Thongchai Chasawath - Member of Audit Committee. The board acknowledged the resignation from the Director and Nomination and Compensation Committee Member of Mrs. Nijaporn Charanachitta, effective on January 17, 2024 onwards.