The Bank has arranged to have available for appointment as proxies its directors/ independent directors who do not have interests in the business on the agenda. (detail of right to attend the shareholders’ meeting is disclosed on the Bank’s website) Right to Propose Agenda, Director Nominees, and Question for AGM by Minority • The Bank allows the shareholders to propose agenda items and nominate persons to be elected as directors in advance, as well as allows the shareholder to propose Question for AGM in advance. The shareholders must comply with criteria specified by the Bank. In this regard, there was no nominated persons or agenda propose to the Bank for consideration. (detail of right to propose agenda in the shareholders’ meeting is disclosed on the Bank’s website) Right to appoint directors individually and determine directors’ remuneration • At every Annual General Meeting of Shareholders, one-third of the total number of the directors of the Bank shall retire. The Bank has set an agenda item concerning election of the Bank’s directors. The shareholders are allowed to vote for election of individual directors. The shareholders have the right to choose the person (s) that they deem having proper qualifications to perform duties as directors so as to safeguard the shareholders’ interests. This will enable the Bank to have directors from diversified fields to represent the shareholders. Detail of qualified person such as name, age, education, experience, position in other listed companies, type of directorship, number of attendant, tenor of directorship etc. would be disclosed for the shareholders’ consideration via the invitation letter for such agenda. • In addition, the shareholders have the rights to consider and approve the directors’ remuneration. Adequate information on directors’ remuneration is also provided to support the shareholders’ consideration. Right to appoint Auditors and determine audit fees • the Bank has set an agenda on appointment of the Bank’s auditors and consideration of the audit fees. The Bank also provides sufficient details of the proposed auditors (name of auditor, audit firm, experience and independent of auditors) and audit fees for consideration of the shareholders. Role of Stakeholders Policy for Shareholders The Bank has policy to protect interest of shareholders and equitable treatment of all shareholders including major shareholders, minority shareholders, institutional investors and foreign shareholders. The Bank’s guidelines for shareholders The Bank ensure that business operation is transparent and free from corruption, taking into account sustainable and long-term growth based on the Bank’s full potential and capability. This is to enhance the Bank’s value in terms of both share price and attractive dividend payment. 167 Form 56-1 One Report 2021
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