4) Evaluation form for the Board with regard to anti-corruption oversight 5) Results of evaluating the effectiveness of committee meeting preparation. (Company secretary evaluation) Evaluation topic 1. Policy and expression of intent to fight corruption 2. Assessment of corruption risks in various businesses 3. Mechanisms for handling of complaints and anti-corruption management 4. Reporting and participation in anti-corruption networks Overall evaluation results Evaluation topic 1. Meeting preparation 2. Meeting procedures Overall evaluation results Evaluation results Year 2023 (%) 97.33 98.40 97.87 Evaluation results Year 2023 (%) 100 100 100 100 100 Chief Executive Officer and President Performance Evaluation In 2023, the Board of Directors approved the criteria for the Chief Executive Officer and President performance evaluation at Board meeting 3/2566 on March 21, 2023. In addition to challenging short-term strategic objectives and long-term goals, these criteria include key performance indicators relating to financial and non-financial outcomes. Having acknowledged these criteria, the CEO and President demonstrated his remarkable business acumen, steering IRPC accomplish the predetermined goals with outstanding leadership and overcame adverse impacts on the company and its stakeholders with decisive, well-executed actions to achieve success. The CEO and President excelled at both parts of the performance evaluation. The compensation for the CEO and President was comparable to his peers in the same or similar industries. The CEO and President’s compensation was reported as per criteria prescribed by the SEC Office in the Management Structure under “Executives’ Compensation” section, Page 242. The Board of Directors has stipulated that the performance evaluation of IRPC’s CEO and President shall be conducted annually by the Nomination and Remuneration Committee which submits the evaluation result, subject to the Board approval. The Board then determines the remuneration of the CEO and President based on the results of such review at the end of each calendar year. The review criteria are based on the CEO and President’s job components and goals that reflect the CEO and President’s performance in a tangible, transparent, fair, and commensurate with his roles and responsibilities. The evaluation consists of two parts: Part 1: Four Corporate KPIs: 1. Financial Perspective 2. Stakeholder Perspective 3. Internal Process Perspective 4. Learning & Growth Perspective Part 2: Three Sustainable Growth Factors: 1. Results of opinion survey among members of the Board of Directors and the Management 2. Implementation of New Core Behaviors (IRPC G3) 3. Outstanding management skills/crisis management 257 Report on Key Corporate Governance Activities 56-1 ONE REPORT 2023
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