Criteria for Nomination of Qualified Candidates for Director Election in 2017 AGM
Objective
Recognizing the importance of shareholders and corporate governance promotion, KASIKORNBANK facilitates shareholders in nominating, in advance of the 2017 Annual General Meeting schedule, a qualified candidate for the Bank’s director election in 2017 Annual General Meeting (AGM), under the criteria below.
Criteria
- Qualification of shareholders who is eligible to nominate a qualified candidate for the Bank’s director election
Shareholders who would like to propose a qualified candidate for directorship must be the Bank’s shareholder holding minimum shares of 0.05 percent of the total share with voting right (equal to 1,196,630 shares) either by one or several shareholders combined. - Nomination of a qualified candidate for directorship
The shareholder, fully qualified as in criteria No.1, shall fill out the “Nomination of Qualified Candidate for Director Election in 2017 Annual General Meeting Form” , together with “Bio-data of Candidate for Director Election in 2017 Annual General Meeting Form” of the nominated candidate and submit them with other complete supplementary documents as required by the Bank via registered mail to the following address from September 1 to November 30, 2016.
Corporate Secretary
Office of Corporate Secretary, Corporate Secretariat Division
KASIKORNBANK PCL,Fl. 32
1 Soi Rat Burana 27/1 , Rat Burana Road,
Bangkok 10140
In case where several shareholders would jointly nominate a candidate, each of them must fill out the “Nomination of Qualified Candidate for Director Election in 2017 Annual General Meeting Form” , and sign their names as evidence separately. Then the forms should be gathered into one set. - The above nominated candidates by shareholders, together with complete and adequate supplementary documents, as required, and holding qualifications as required by applicable laws and the Bank’s regulations, shall meet scrutiny by the Human Resources and Remuneration Committee, according to the Nomination Process of the Bank, which shall be further submitted to the Board of Directors for consideration before seeking concurrence by the BOT, and the Bank will notify the consideration results in February 2017.
Qualifications of Candidate for Director Election in 2017 Annual General Meeting
The Bank will consider qualifications of candidate for Director Election in compliance with applicable laws and the Bank’s regulations, as follows:
- Director qualifications under the Financial Institution Business Act B.E. 2551
- Director qualifications under the Public Limited Companies Act B.E. 2535
- Director qualifications under the Securities and Exchange Act B.E. 2535
- Director qualifications under Organic Act on Counter Corruption B.E. 2542
- Director qualifications under the Derivatives Act B.E. 2546
- Director qualifications under the Immigration Act B.E. 2522
- Director qualifications under notifications of other regulatory agencies are:
- Notification of the Bank of Thailand No. SorNorSor. 13/2554 Re : Criteria for Appointment of Directors, Managers, Persons with Managing Authority or Advisors of Financial Institutions, dated December 15, 2011
- Notification of the Bank of Thailand No. SorNorSor. 13/2552 Re : Governance Guideline for Financial Institutions, dated July 9, 2009
- Notification of the Bank of Thailand No. SorNorSor. 6/2558 Re: Granting of Credit, Transactions similar to Credit Granting or Guaranty of Debt for Directors, Persons Empowered to Manage of Financial Institutions, or Related Persons, dated March 24, 2015
- Notification of the Bank of Thailand No. SorNorSor. 6/2553 Re: Consolidated Supervision Criteria, dated June 18, 2010
- Notification of the Bank of Thailand No. SorNorSor. 61/2551 Re: Criteria for Sales, Granting or Lease of Assets to Directors and Other Persons, as specified under Section 48(4), or Acceptance of Purchase or Lease of Assets from Said Persons, dated August 3, 2008
- Notification of the Securities and Exchange Commission No. KorChor. 11/2551 Re: Definition of Related Person under Notifications relating to Issuance and Offering of Securities, dated September 23, 2008
- Notification of the Securities and Exchange Commission No. KorChor. 8/2553 Re : Determination of Untrustworthy Characteristics of Company Directors and Executives, dated April 23, 2010
- Notification of the Securities and Exchange Commission No. KorChor. 3/2559 Re : Determination of Untrustworthy Characteristics of Company Directors and Executives (No. 2), dated July 12, 2016
- Notification of the Capital Market Supervisory Board No. ThorChor. 4/2552 Re: Application for and Approval of Offer for Sale of Newly Issued Shares (No. 2), dated February 20, 2009
- Notification of the Capital Market Supervisory Board No. ThorThor/Nor/Khor. 7/2553 Re: Rules, Conditions and Procedures for Being Director or Executive of Other Securities Companies, dated February 1, 2010
- Notification of the Capital Market Supervisory Board No. ThorChor. 15/2554 Re: Application for and Approval of Offer for Sale of Newly Issued Shares (No. 5), dated July 25, 2011
- Notification of the Capital Market Supervisory Board No. ThorLorThor. 8/2557 Re: Criteria Governing Personnel in Capital Market Business, dated June 3, 2014
- Notification of the National Anti-Corruption Commission, governing Government Official Positions Prohibited from Business, stipulated under Section 100 of Organic Act on Counter Corruption B.E. 2542 and B.E. 2544, dated February 15, 2001
- Notification of Electronic Transactions Commission: Re: Criteria, Methods and Conditions Governing Electronic Payments Service Business B.E. 2559, dated April 11, 2016
- Letter of the Office of the Securities and Exchange Commission No. KorLorThor/Khor.(Wor) 17/2554 Re: Appointment of Officials of Ministry of Finance as Directors in Derivatives Business, dated November 11, 2011
- Letter of the Stock Exchange of Thailand No. BorChor. (Wor) 50/2549 Re: Limit of Directorship in Other Companies, dated September 29, 2006 - Relevant requirements of the Bank are:
- Articles of Association
- Board of Directors Charter
- Qualifications of Independent Director