1. Rights of Shareholders

  1. Rights of shareholders
    1. Rights of ownership registration
    2. Rights of share transfer
    3. Rights to regularly and sufficiently receive the company's important and material information
    4. Rights to attend and vote in the company's shareholders meeting
    5. Rights to elect or remove board members
    6. Rights to consider remunerations of board members
    7. Rights to the share of the company's profits
    8. Rights to join decision-making and receive the results of the company's decisions on the company's fundamental changes, such as
      • Sale or transfer of the company's business, whether in whole or in important parts, to other people
      • Purchase or acceptance of transfer of other companies or other private entities
      • Execution, amendment, or cancellation of contracts of the company's leasing whether in whole or in important parts, the assignment of other person(s) to manage the company's business or the acquisition of other company with the objective of profit and loss sharing
      • Amendment of the company's memorandum of association, rules, and other similar regulations
      • Increase or decrease of capital
      • Company acquisitions or dissolutions
      • Issuance of debentures
      • Extraordinary transactions
  2. Shareholders' meeting
    Shareholders have full opportunities to attend the meeting and cast their votes at the meetings. Company encourages all shareholders - major, minor, foreign, or institutional investors - to attend these. Company will also in no way deprive their access to its public information, including blocking of communication among shareholders or the participation in the shareholders' meeting. Company will perform duties relevant to the shareholders' meeting as follows:

    Prior to the shareholders' meeting
    1. Minor shareholders can propose agenda items for consideration at the shareholders' meeting and nominate qualified people for election as directors ahead of the meeting as stipulated by Company.
    2. 1. 2. Company sends meeting invitations in both Thai and English to the shareholders, containing complete and clear agenda details.
    3. Company posts meeting invitations, containing agenda details, at least 30 days ahead of the meeting on www.grandcanalland.com and via the Stock Exchange of Thailand's news channels.
    4. Company sends meeting invitations with agenda details to the shareholders at least 21 days ahead of the meeting so that they may have enough time to study the details before voting on each agenda item.
    5. Shareholders can send queries about agenda items at the shareholders' meeting ahead of the meeting by email to the Company Secretary:
    • Email : co.secretary@grandcanalland.com
    • The Company Secretary
      Grand Canal Land Public Company Limited
      Unilever House Grand Rama 9, 2nd floor
      No. 161, Rama 9 Road, Huay Kwang Sub-District, Huay Kwang
      District, Bangkok 10310
    Day of the shareholders' meeting
    1. Company sets the date, time, and venue of the shareholders' meeting taking into account the convenience with which the shareholders can attend the meeting.
    2. Company provides computers and barcodes to facilitate the registration and vote counting in view of convenience, speediness, accuracy, and reliability of the information.
    3. Company provides voting ballots for each agenda item at meetings held at the venue of the meeting. Voting through the e-voting system in case of a shareholders’ meeting via electronic media is also encouraged.
    4. Shareholders are entitled to authorize the company's independent directors or other people deemed appropriate to attend the shareholders' meeting and exercise their rights to vote on their behalf.
    5. Company clearly informs the shareholders of the regulations controlling the shareholders' meeting and the voting procedures at the beginning of the meeting.
    6. No addition can be made to the agenda item as listed in the invitation letter and no amendment to significant information can be made without notifying shareholders in advance.
    7. Company's directors and executives attend the shareholders' meeting and allow the shareholders to ask and present their views, as well as to seek clarification from the directors, executives, and the auditors during applicable agenda items.
    8. Company allows shareholders to vote for individual directors.
    9. Company counts the vote and discloses the results of the vote for each agenda item in the meeting with clarity and transparency.
    After the shareholders' meeting
    1. Company disseminates the resolutions of the meeting and the results of the vote for each agenda item via the Stock Exchange of Thailand's news channels.
    2. Company prepares correct and complete minutes of the meeting to the Stock Exchange of Thailand and posts them on Company's website within 14 days after the meeting.
    3. Company disseminates the minutes of the meeting on Company's website and via the Stock Exchange of Thailand's news channels.
    4. Company disseminates video and audio recordings of the shareholders’ meeting on the Company’s website.