IRPC Annual Report 2023

5. Report risk management assessment results and risk mitigating activities to the Board on a regular basis, and in the case of risk event that may adversely affect IRPC’s operations, report to the Board without delay. 6. Provide support for establishment and continuing development of risk management that is constantly in alignment with IRPC’s business plan. 7. Screen and give advice on risk management for investment projects or activities with considerable technical complexity, long-term obligations, and are potentially exposed to significant risks. 8. Disclose the report of the Risk Management Committee in the annual report. 9. Perform other tasks assigned by the Board. The Management and Management-Level Committees The Board of Directors assigned the Chief Executive Officer and President, the highest-ranking executive of the management, to discharge of his duties in managing the company’s operations in accordance with the objectives, regulations and policies set by the Board. The scope of authority of the CEO and President is clearly defined in writing along with regulations, rules of the company for the implementation of works for executives and employees to acknowledge and follow. Chief Executive Officer and President The Board of Directors assigned the Chief Executive Officer and President, the highest-ranking executive of the management, to discharge of his duties in managing the company’s operations in accordance with the objectives, regulations and policies set by the Board. The scope of authority of the CEO and President is clearly defined in writing along with regulations, rules of the company for the implementation of works for executives and employees to acknowledge and follow. Mr. Kris Imsang has served as Chief Executive Officer and President from October 1, 2022 to Present. Duties and Responsibilities 1. Ensure that the company operates in compliance with applicable laws, its objectives and Articles of Association, Board’s policies, and shareholder resolutions. 2. Take charge of the management staff, employees, and personnel, including matters relating to hiring, appointments, work regulations, salary scales, wages, welfare benefits, transfers, removals, dismissals, reshuffles, pay adjustments, promotions, disciplinary actions under the Board’s policy framework. 3. Implement policies, strategic plan, business plan in accordance with IRPC’s vision and mission under the operational framework approved by the Board of Directors, with efficiency and in the company’s best interest. 4. Approve investment budgets, inventory, procurements, operating expenses under the business plan and within the annual budget approved by the Board. 5. Manage cashflows, investment projects, budgets, and risk management plans and procedures with optimal efficiency, under the guidelines and within the scope of authority granted by the Board. 6. Review IRPC’s operating results and consider proposing interim or annual dividend payment (if any), which must be approved by the Board or the resolution of the shareholders’ meeting (as the case may be). 238 Corporate Governance Structure and Important Information about the Board of Directors, Board’s Committees, Executives and Employees IRPC Public Company Limited

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