PTT : Invitation to the 2026 Annual General Meeting of Shareholders

Invitation to the 2026 Annual General Meeting of Shareholders

PTT Public Company Limited

Friday April 10, 2026 at 13.30 hrs. via electronic means (e-Meeting)

according to the Emergency Decree on Electronic Meetings B.E. 2563 (2020)

On Friday April 10, 2026, attendees will be allowed to enter the e-Meeting from 11.30 hrs. onwards.

Shareholder and/or proxy holder can submit a request to attend the meeting

(pre-registration) at https://register.pttdigital.com/PTT/registerbase or scan QR Code

from March 27, 2026 or until the meeting concludes.

Pre-Registration QR Code

and other related laws and regulations.

CONTENT

Invitation to the 2026 Annual General Meeting of Shareholders

ATTACHMENT

1. Profile and Work Experience of Auditors for Agenda Item 4

2. Brief personal profiles of nominated candidates for Agenda Item 7

3. Definition of Independent Director and functional description of Specific Committees

4. Procedures for Attending the 2026 Annual General Shareholders' Meeting

   (E-Meeting), Document Required for Meeting Attendance, and Proxy Granting.

5. Profiles of the Independent Directors for proxies appointment

6. A Notification of Meeting (registration form)

7. Proxy forms - Form A., B. (recommended) and C.

8. A summary of the PTT Articles of Association relevant to the meeting

9. Request Form of printed 56-1 One Report 2025

10. Application and Terms and Conditions of Company Visit Program 2026

Privacy Notice QR Code

In assurance that PTT will protect and treat shareholders personal data in compliance with the Personal Data Protection Act B.E. 2562 (2019), PTT establishing this Privacy Notice for your acknowledgement of the details of the processing, collecting, use and disclosure that may be arising. PTT would like to inform you of the rights of your personal data and the contacting channels as indicated in attached QR code

No. 80000001/128

March 12, 2026

-Translation-

Re: Invitation to the 2026 Annual General Meeting of Shareholders To: Shareholders of PTT Public Company Limited

PTT Public Company Limited (hereinafter referred to as "PTT") would like to invite you to attend the 2026 Annual General Meeting of Shareholders (hereinafter referred to as "AGM") on Friday April 10, 2026 at 13.30 hrs.via electronic means (e-Meeting) according to the Emergency Decree on Electronic Meetings

B.E. 2563 (2020). The 2026 AGM has 8 agenda items as follows:

Agenda Item 1: To acknowledge the 2025 performance results

Objectives and Rational: The shareholders should acknowledge the 2025 performance statement and the proposed corporate strategy plan. The details are enclosed in the 56-1 One Report 2025 (Attachment 6).

The Board's opinion: The Board deemed it appropriate to propose shareholders to acknowledge the 2025 performance statement and the proposed corporate strategy plan.

Agenda Item 2: To approve the financial statements for the year ended December 31, 2025

Objectives and Rational: The shareholders should approve the financial statements for the year ended December 31, 2025 which has been audited by the auditor. The details are enclosed in the 56-1 One Report 2025 (Attachment 6). A summary is as follows:

Consolidated Financial Statements	2025	2024
Total Assets (Million Baht)	3,269,659.98	3,438,784.28
Total Liabilities (Million Baht)	1,617,176.37	1,781,907.19
Total Shareholders' Equity (Million Baht)	1,652,483.61	1,656,877.08
Issued and Fully Paid-up Share Capital (Million Baht)	28,563.00	28,563.00
Sales and Service Income (Million Baht)	2,662,144.87	3,090,453.39
Profit for the Year: Equity Holders of the Company (Million Baht)	90,166.37	90,072.03
Basic Earnings per Share (Baht / Share)	3.15	3.15

The Board's opinion: The Board deemed it appropriate to propose shareholders to approve the financial statements for the year ended December 31, 2025 which have been audited by the auditor and reviewed by the Audit Committee. The board has also endorsed the statements.

Agenda Item 3: To approve 2025 net profit allocation and dividend payment

Objectives and Rational: PTT establishes dividend payment policy at least 25 percent of net income after corporate reserves. The dividend payment may vary in each year depending on the investment plan, loan repayment, necessity and other appropriate prospects. After the Board of Directors resolves to pay the annual dividend, the dividend payment also requires shareholders' approval except for interim dividend that the Board of Directors may resolve to pay the interim dividend without shareholders' approval and must inform regarding the interim dividend in the next shareholders' meeting.

The overall performance and financial statements indicate that PTT had Baht 90,166 million of 2025 net income. PTT's appropriated net income was reserved for self-insurance fund amounting to approximately Baht 42 million. Therefore, PTT considers paying 2025 annual dividend in an amount of Baht 2.30 per share (Annual dividend of Baht 2.10 per share of the year 2025 performance and a non-recurring special dividend of Baht 0.20 per share) or 73 percent of the net income (dividend payout ratio) in accordance with the Company's dividend policy. The comparison of dividend payments of 2025 and 2024 is as follows:

2025-2024 Dividend Payment Comparison

Items	2025	2024
1. Net income (Million Baht)	90,166	90,072
2. Number of shares (Million shares)	28,4031	28,563
3. Earnings per share (Baht per share)	3.15	3.15
4. Dividend per share (Baht per share)	2.30	2.10
- Interim dividend from performance in the first half of year (Baht per share)	0.90	0.80
- Dividend from performance in the second half of year (Baht per share)	1.40	1.30
5. Total amount of dividend payment (Million Baht)	65,361	59,983
6. Dividend payout ratio (as a percentage)	73	67

‌1 Weighted average number of ordinary shares for the year ended 31 December 2025 was 28,403,272,945 shares

The Board's opinion: After due consideration, the Board of Directors deemed it appropriate to propose shareholders to;

1. Approve 2025 net profit allocation and the dividend payment for the year 2025 performance at the rate of Baht 2.30 per share (Annual dividend of Baht 2.10 per share of the year 2025 performance and a non-recurring special dividend of Baht 0.20 per share), approximately Baht 65,361 million. After deduction of the interim dividend payment for the first half of 2025 performance at the rate of Baht 0.90 per share, paid to the shareholders of 28,562,996,250 shares, with approximately Baht 25,707 million, the Company will pay the remaining dividend for the second half of 2025 performance at the rate of Baht 1.40 per share (the second half of 2025 performance at Baht 1.20 per share and a non-recurring special dividend of Baht 0.20 per share), which registered and paid-up capital consists of 28,562,996,250 ordinary shares, and the total number of shares with eligible voting rights (after deducting 238,660,400 treasury shares) stands at 28,324,335,850 shares, approximately Baht 39,654 million. The remaining dividend for the second half of 2025 performance will be paid from the unappropriated retained earnings which subjected to 20% corporate income tax wherein individual shareholders shall be entitled to a Dividend Tax Credit under Section 47 bis of the Revenue Code at the rate of Baht 0.88 per share, from the unappropriated retained earnings derived from Board of Investment promoted activities (BOI) during the period of being income tax exemption wherein individual shareholders shall not include the dividend as taxable income and not be entitled to a Dividend Tax Credit under Section 47 bis of the Revenue Code at the rate of Baht 0.03 per share and from the dividend received from PTT Exploration and Production Public Company Limited (PTTEP) which is subjected to 50% petroleum income tax wherein individual shareholders shall not be entitled to a Dividend Tax Credit under Section 47 bis of the Revenue Code at the rate of Baht 0.49 per share. The Board of Directors has set the Record Date on March 6, 2026 to determine the name of shareholders who are entitled to receive the dividend. The dividend for the second half of 2025 performance will be paid on April 28, 2026.

   The proposed special dividend for the year 2025 is a result of our successful asset management and robust free cash flow generation over the past year. This special dividend is a non-recurring event, undertaken in accordance with prudent financial discipline to ensure sufficient liquidity to support its ongoing operations and future investment plan for sustainable growth. This special dividend represents a strategic opportunity to optimize surplus liquidity and deliver exceptional returns to our shareholders. Following the payment of a non-recurring special dividend, the company will maintain its financial resilience and Investment Grade credit rating. Furthermore, this non-recurring special dividend does not constitute a change to company's ordinary dividend

   policy, which remains aligned with earnings growth and long-term cash flow sustainability.

2. Acknowledge the interim dividend payment approved by the Board of Directors on September 18, 2025 at the rate of Baht 0.90 per share, approximately Baht 25,707 million, which was paid to the shareholders on October 17, 2025.

Agenda Item 4: To appoint the auditors and approve the audit fees for the year 2026

Objectives and Rational: The State Audit Office of the Kingdom of Thailand (SAO) asked for cooperation with PTT to engage external auditor in replace of the SAO. The nominated auditors must be approved by the SAO.

PTT has arranged a tender of external auditor in compliance with the Public Procurement Act B. E.2560 (2017) and the rules, regulations, procedures, and conditions set by the State Audit Commission. PTT has selected the auditor from EY Office Limited as PTT's auditor for the year 2026, who signs the PTT's financial statement for the fourth consecutive year.

The nominated auditors and the auditors' firm, EY Office Limited have no relationship and conflict of interests with PTT, subsidiaries, managements, major shareholders or related persons of the aforesaid parties. They are independent in auditing and providing their opinion on the financial statements of PTT. Although some of PTT's subsidiaries use different auditors' firms, the Board of Director of PTT is responsible for ensuring that the financial statements of those subsidiaries are completed within the schedules.

The Board concurred with the Audit Committee recommendation to appoint the

following auditors from EY Office Limited as PTT's auditor for the year 2026.

List of Auditors to be Appointed	CPA License No.
1. Mr. Kittiphun Kiatsomphob	8050
2. Miss Kessirin Pinpuvadol	7325
3. Mr. Vorapoj Amnauypanit	4640

(Profile of the nominated auditors for the year 2026 are set out in the attachment 1)

The Board also proposes to approve the audit fee for the year 2026 of Baht 8,000,000 as follows:

Auditing / Reviewing of Separate and Consolidated Financial Statements	2026 (Baht)	2025 (Baht)	Increase / Decrease (Baht)
For the quarter ended March 31, June 30, and September 30 - Baht 1,200,000 for quarterly statement	3,600,000	3,600,000	-
For the year ended December 31	4,400,000	4,400,000	-
Total	8,000,000	8,000,000	-

The Company has non-audit fees for Tariff Commodity Charge Report, the volume of fuel sales at aviation service station in AOT area Report and reviewing the Application for Exercising Promotion Privileges for Corporate Income Tax Exemption of the Investment Promotion Entity amounting to Baht 600,000 for 2026 (Baht 600,000 for 2025).

The Board's opinion: The Board recommends the shareholders to appoint Mr. Kittiphun Kiatsomphob, CPA License No.8050 and/or Miss Kessirin Pinpuvadol, CPA License No.7325 and/or Mr.Vorapoj Amnauypanit, CPA License No.4640 from EY Office Limited as PTT's auditors for the year 2026 and approve the audit fees of Baht 8,000,000 as recommended by the Audit Committee.

Agenda Item 5: To approve PTT's 5-year fund raising plan (for 2026-2030)

Objectives and Rational: According to PTT's 5-year business plan (2026-2030), PTT still has sufficient cash and liquidity to support its strategic investment direction, which focuses on strengthening core businesses and enhancing competitiveness, without requiring additional fund raising. Nonetheless, given the economic environment, volatility in financial markets, and the need to be prepared for potential future investment opportunities, PTT must maintain financial readiness and flexibility. Accordingly, the Board of Directors approved PTT's 5-year fund raising plan, including bond issuance and portion of funds to be raised by subsidiary companies for the purpose of providing fund to PTT, in total amount of equivalent Baht 200,000 million for a period over 5 years (2026-2030), to be used for investments, general working capital, and/or refinancing existing debt as appropriate to market conditions. The board of directors further approved that the 5-year plan for fund raising shall be proposed to the 2026 AGM for approval.

The Board's opinion: The shareholders should approve the 5-year plan for fund raising.

Agenda Item 6: To approve the 2026 directors' remuneration

Objectives and Rational: PTT requires shareholders' approval on the directors' remuneration for the 2026. The Remuneration Committee had considered the matter and recommended the 2026 remuneration for directors and members of specific committee. In compliance with the previous practice, the competitiveness of remuneration among listed companies in the same industry, local and international leading companies, good corporate governance practice, performance statements, business size and PTT Directors' accountability were taken into account. The Committee also took economic data into account.

The Board proposes the 2026 remuneration package for the Board and specific committee members, as recommended by the Remuneration Committee, to be the same rate as 2025 as follows:

• Monthly fee and attendance fee (Unchanged)

  Remuneration	2026 (Current Proposal)	Compared with year 2025
  1. Board of Directors
  Monthly fee (By pro rata)	60,000 Baht/Month 30,000 Baht/Month	60,000 Baht/Month 30,000 Baht/Month
  Per Attendance Fee (2) (for those in attendance only)	75,000 Baht/Attendance 60,000 Baht/Attendance	75,000 Baht/Attendance 60,000 Baht/Attendance
  2.Specific Committees
  Monthly fee (By pro rata)	15,000 Baht/Month 15,000 Baht/Month	15,000 Baht/Month 15,000 Baht/Month
  Per Attendance Fee (6) (for those in attendance only)	56,250 Baht/Attendance 45,000 Baht/Attendance	56,250 Baht/Attendance 45,000 Baht/Attendance
  The Secretary of the Audit Committee shall receive a monthly fee of Baht 7,500 (unchanged)
  2.2 Nominating Committee, Remuneration Committee, Corporate Governance and Sustainability Committee, Enterprise Risk Management Committee, The other committees which may be appointed by the Board of Directors if deemed necessary Monthly fee (By pro rata)	None	None

  • Chairman (1)

  • Director

  • Chairman(3)

  • Director

  1. Audit Committee (4)

     • Chairman (5)

     • Member

  • Chairman (3)

  • Member

  • Chairman

  • Member

  Remuneration	2026 (Current Proposal)	Compared with year 2025
  Per Attendance Fee (7) (for those in attendance only)	37,500 Baht/ Attendance 30,000 Baht/ Attendance	37,500 Baht/Attendance 30,000 Baht/Attendance
  3. Other Remunerations	None	None

  • Chairman (3)

  • Member

  Remark

  (1)The Chairman of the Board shall receive monthly fee at equalling double the base fee received by the director.

  (2)The payments are limited up to only once a month, in caseof necessityor reasonablecauses, the paymentsmaybe paid more thanonce a monthbut limited up to 15 meetings annually.

  (3)The Chairman of the Board /Specific Committee shall receive attendance fee at higher rate than that paid to other directors /committee member by 25%.

  (4)Audit Committee should not be positioned in any other specific committee.

  (5)The Chairman of the Audit Committee shall receive monthly fee at equalling the base fee received by the member of committee.

  (6)The payments are limited to only once a month.

  (7)Each member of committee shall receive maximum 2 attendance fees of specific committee. The payment of each specific committee shall be done only once a month.

  • Directors' bonus policy (Unchanged)

The directors' bonus for the 2026 fiscal year will be the same as the 2025 policy where

the bonus depends on PTT's performance. The directors will be entitled to receive 0.05% of PTT's 2026 net profit and the chairman of the board is entitled to receive a bonus at higher rate than that paid to other directors by 25%. The total amount of bonus payable to the board of directors shall not exceeds Baht 60,000,000 per year and the bonus will be paid on a pro rata basis.

The details of the remuneration of each director for 2025 are presented in the 56-1 One Report 2025 under section 8 Corporate Governance Milestone, sub-section

8.1.2 Meeting Attendance and Individual Directors' Compensation (Attachment 6).

The Board's opinion: We recommend the shareholders to approve the 2026 directors and the specific committee members' remuneration including directors' bonus package to be the same rate as the 2025 package. The package has been proposed by Remuneration Committee.

Agenda Item 7: To elect directors to replace those who are retired by rotation

Objectives and Rational: There are 5 directors retired by rotation at the 2026 AGM (one third of the total number of directors) as follows:

1. Mr.Krishna Boonyachai An Independent Director/ Chairman of

   the Audit Committee

2. Pol. Capt.Piya Raksakul An Independent Director/ Member of

   the Nominating Committee

3. Mr.Kulit Sombatsiri An Independent Director /

   Member of the Corporate Governance and Sustainability Committee

4. Mr.Teeralak Sangsnit A Director / Member of the

   Nominating Committee / Member of the Remuneration Committee

5. Dr.Veerapat Kiatfuengfoo A Director / Member of the

Enterprise Risk Management Committee

PTT announced a shareholders' invitation to nominate qualified candidates for a directorship and propose agenda items for the AGM from September 1 to December 1, 2025 through PTT website and the Stock Exchange of Thailand channel. Despite the invitation, neither proposals for qualified candidates nor agenda items were proposed. The Nominating Committee undertook nomination procedures by duly considering the PTT's board composition (Skill Matrix) to ensure that the qualification, wisdom, talent, experience and expertise and appropriateness to be of utmost benefit of PTT. The Nominating Committee (excluding the director having interests therein shall abstain from voting) has duly reviewed and proposed to approve the re-appointment of 4 retiring directors to be PTT's directors for another term and propose other 1 qualified candidate to be appointed as PTT's director. The list of proposed candidates has been subsequently endorsed by the Board of Directors to further propose the list of director candidates to the shareholders meeting.

The 5 candidates'profiles are enclosed in Attachment 2. The candidates are as follows:

1. Mr.Danucha Pichayanan An Independent Director

   (in replacement of Mr.Krishna Boonyachai);

2. Pol. Capt.Piya Raksakul An Independent Director

   (re-election);

3. Mr.Kulit Sombatsiri An Independent Director (re-election);

4. Mr.Teeralak Sangsnit A Director

   (re-election);

5. Dr.Veerapat Kiatfuengfoo A Director

(re-election)

Candidates in ( 1) to ( 3 ) are proposed to be independent directors since their qualifications are qualified to be the independent directors according to the Stock Exchange of Thailand and PTT' s definition of " Independent Directors". The definition of "Independent Directors" and the Duties and Responsibilities of the Specific Committees are set out in Attachment 3.

The Board's opinion: The Board recommends shareholders to elect the following 4 persons to be PTT's directors for another term and propose other 1 qualified candidate to be appointed as PTT's director as follows:

1. Mr.Danucha Pichayanan (2) Pol. Capt.Piya Raksakul

(3) Mr.Kulit Sombatsiri (4) Mr.Teeralak Sangsnit and

(5) Dr.Veerapat Kiatfuengfoo

These proposed candidates have been selected with due regard through the nomination procedure of the Nominating Committee and the Board in accordance with process determined by PTT as their qualifications align with the relevant rules and are suitable for PTT's business operations.

In addition, the candidates in (1) to (3) are proposed to be independent directors since the Board of Directors considered that the qualifications of these 3 candidates are in compliance with law related to the requirements relating to independent directors and suitably qualified to be the independent directors according to the Stock Exchange of Thailand's and PTT's definition of "Independent Directors" who are able to independently raise their opinions and in compliance with the relevant rules and regulations. In any case, the directors who have conflict of interest did not cast the vote for this proposal.

Agenda Item 8: Other Matters (if any)

PTT has posted the Invitation to Attend the Annual General Meeting of Shareholders for the Year 2026, including all attachments, proxy forms and 56-1 One Report 2025 on PTT's website at https://investor.pttplc.com/en/ir-home under Shareholder Information section, Shareholder's Meeting sub -section on March 12, 2026.

For shareholders who wish to attend the meeting via electronic means or wish to appoint a proxy to attend and vote on his /her behalf, please read the registration procedures and prepare relevant documents as detailed in Attachment 4.

Shareholder and/or proxy holder can submit a request to attend the meeting (pre-registration) at https://register.pttdigital.com/PTT/registerbase or scan QR Code from March 27, 2026 or until the meeting concludes.

Any shareholder may appoint a PTT Independent Director as listed in Attachment 5

as his or her proxy to attend the meeting and vote on his or her behalf. Brief profiles of Independent Director are available in Attachment 5.

Pre-Registration QR Code

For foreign shareholders who deposit PTT shares in safeguard of custodian banks in Thailand, please choose and fill in either the proxy form A, B or C in Attachment 7 and must deliver to PTT before Friday April 3, 2026.

PTT will conduct the meeting in compliance with its Articles of Association set out in Attachment 8.

Shareholders who wish to receive printed copies of the 56-1 One Report 2025, please do not hesitate to fill in the Request Form of printed 56-1 One Report 2025 through QR code (Attachment 9) or email: [e-mail].

For your benefit and to fully protect your rights, please send us your inquiries or questions regarding the meeting or agenda related prior to the meeting date through email to [e-mail] or fax at [phone]. For more information regarding PTT code of conduct, performance and activities, Please visit our website at https://investor.pttplc.com/en/ir-home

Therefore, we would like to invite our shareholders to the 2026 AGM on Friday April 10, 2026 at 13.30 hrs. via electronic means (e-Meeting). Attendees will be allowed to enter the e-meeting system from 11.30 hrs. onwards.

Yours Sincerely,

Mr. Kongkrapan Intarajang

Chief Executive Officer and President

Company Secretary Department Telephone: [phone]

Fax: [phone]

Attachment 1 Supporting Document for Agenda 4

Page 1/3

Profiles and Work Experience of Auditors

Kittiphun Kiatsomphob

Partner

EY Office Limited

Certified Public Accountant No. 8050

Profiles and Work Experience

Working Period : 1997 - present

Professional Qualification : Certified Public Accountant (Thailand)

Auditor Approved by the office of The Securities and Exchange Commission of Thailand

Academic Qualification : Master's degree in Accounting, Thammasat University

Bachelor's degree in Accounting, Thammasat University

Experience : Over 20 years of audit working experience with EY and also has experience working with a number of multinational clients and listed clients. Kittiphun leads and supervises audits in a number of different fields, but with particular emphasis on listed companies involved in oil & gas, real estate and construction. In addition to the mentioned audit work, he has also been extensively involved in a number of non-audit assignments especially in oil & gas sector, including PTT, led and advised on the accounting issues relating to business restructuring.

Relationship with or Interest in (except for

the audit service) the Company, Subsidiaries, : Executives, Major Shareholders, or their Related Persons Capable of Undermining the Ability to Perform Duties Independently

- None -

Contact Details : EY Office Limited

1875 One Bangkok Tower 3, Level 34 - 37, Rama 4 Road, Lumphini, Pathumwan, Bangkok, 10330

Telephone: [phone]

Year of Service : 4 years (Being the signatory on the financial statements of PTT)

Attachment 1 Supporting Document for Agenda 4

Page 2/3

Profiles and Work Experience of Auditors

Miss Kessirin Pinpuvadol

Partner

EY Office Limited

Certified Public Accountant No. 7325

Profiles and Work Experience

Working Period : 2000 - present

Professional Qualification : Certified Public Accountant (Thailand)

Auditor Approved by the office of The Securities and Exchange Commission of Thailand

Academic Qualification : Master's degree in Business Administration, Thammasat

University

Bachelor's degree in Accounting, Thammasat University (Second class honor)

Experience : Over 20 years of audit working experience with EY and also has experience working with a number of multinational clients and listed clients. Kessirin has been extensively involved in audit of energy, manufacturing, retails, trading, food and beverage, services and property development industries. She also has considerable experience in initial public offering to listing on the Stock Exchange of Thailand.

Relationship with or Interest in

(except for the audit service) the : Company, Subsidiaries, Executives,

Major Shareholders, or their Related Persons Capable of Undermining the Ability to Perform Duties Independently

- None -

Contact Details : EY Office Limited

1875 One Bangkok Tower 3, Level 34 - 37, Rama 4 Road, Lumphini, Pathumwan, Bangkok, 10330

Telephone: [phone]

Year of Service : - (Not being the signatory on the financial statements of PTT)

Attachment 1 Supporting Document for Agenda 4

Page 3/3

Profiles and Work Experience of Auditors

Vorapoj Amnauypanit

Partner

EY Office Limited

Certified Public Accountant No. 4640

Profiles and Work Experience

Working Period : 1992 - present

Professional Qualification : Certified Public Accountant (Thailand)

Auditor Approved by the office of The Securities and Exchange Commission of Thailand

Academic Qualification : Master's degree in Accounting, Chulalongkorn University

Bachelor's degree in Accounting, Chulalongkorn University

Experience : Over 30 years of audit working experience with EY and also has experience working with a number of multinational clients and listed clients. Vorapoj leads and supervises audits in a number of different fields, but with particular emphasis on listed companies involved in energy, oil refinery, petrochemical, manufacturing and service.

Relationship with or Interest in (except for the audit service) the : Company, Subsidiaries, Executives, Major Shareholders, or their Related Persons Capable of Undermining the Ability to Perform Duties Independently

• None -

Contact Details : EY Office Limited

1875 One Bangkok Tower 3, Level 34 - 37, Rama 4 Road, Lumphini, Pathumwan, Bangkok, 10330

Telephone: [phone]

Year of Service : - (Not being the signatory on the financial statements of PTT)

Candidate's Profile

Name : Mr. Danucha Pichayanan Age : 55 Proposed Position : Independent Director Education : Bachelor of Engineering, Faculty of Engineering, Chulalongkorn University : Master of Engineering Management, The George Washington University, USA Expertise : Energy, Engineering, Governance for State Enterprise, Public Administration, Finance, Enterprise Risk Management, and Security / Listed in the Director's Pool of Ministry of Finance Certificate : Advanced Diploma Programme Democratic, Politics and Governance for Senior Executives (PPRP23), King Prajadhipok's Institute : The National Defence Course (Class 65), Thai National Defence College : Short-term International Program for Emerging Leaders in Rule of Law and Development (RoLD 2020: Resilient Leader in collaboration with The Institute of Global Law & Policy (IGLP), Harvard University, USA) : The Executive Program in Energy Literacy for a Sustainable Future (Class 10), Thailand Energy Academy (TEA) : Anti-Corruption Strategic Management for Senior Executives Program (Class 7/2016), Office of the National Anti-Corruption Commission : The Civil Service Executive Development Program: Visionary and Moral Leadership (Class 78), Office of the Civil Service Commission : Government Chief Information Officer Development (GCIO) (Class 30), Thailand Digital Government Academy Director's Certificate : Director Certification Program (DCP 211/2015), Thai Institute of Directors Association (IOD) Work Experiences (last 5 years) : 2025 - Present Independent Director, and Chairman of the Enterprise

Risk Management Committee, PTT Oil and Retail Business Public Company Limited

(Resigned effective from April 1, 2026)

: 2025 - Present Secretary-General of the Office of the National Economic and Social Development Council : 2024 - Present Director of Faculty of Journalism and Mass

Communication, Thammasat University

: 2020 - Present Member of the Board of Investment of Thailand (BOI) : 2020 - Present Director of the Bank of Thailand : 2020 - Present Director of Government Pension Fund

Work Experiences (last 5 years) :	2025	Secretary General of the Office of the National Water Resources
:	2025	Member of the Audit Committee, PTT Exploration and Production Public Company Limited
:	2024 - 2025	Independent Director, and Member of the Corporate Governance and Sustainability Committee, PTT
		Exploration and Production Public Company Limited
:	2020 - 2025	Secretary-General of the Office of the National Economic and Social Development Council
:	2020 - 2025	Director and Secretary of National Strategic Plan Committee
:	2017 - 2023	Independent Director, and Chairman of the Nominating Committee, PTT Public Company Limited
:	2013 - 2023	Independent Director, Provincial Electricity Authority (PEA)

PTT Directorship : - None - Meeting attendance in 2025 : - None - Possession of PTT shares : - None - (0% of total issued shares)

Proposed Candidate	Other Listed Companies		Other Important Organizations (non-listed companies)		Position in other organization that compete with/ related to the Company
	Number	Position	Number	Position
Mr. Danucha Pichayanan	1	Independent Director, and Chairman of the Enterprise Risk Management Committee, PTT Oil and Retail Business Public Company Limited (Resigned effective from April 1, 2026)	5	Secretary-General of the Office of the National Economic and Social Development Council Director of Faculty of Journalism and Mass Communication, Thammasat University Member of the Board of Investment of Thailand (BOI) Director of the Bank of Thailand Director of Government Pension Fund	None

Additional Qualification for independent director (As stipulated by the Notification of the Capital Market Supervisory Board No. TorJor. 39/2559) Type of relationship

​ Not having kin relationship including spouse of child of other directors, of an executive, major shareholder, controlling person, or person to be nominated as director, executive or controlling person of the Company or its subsidiary.

​ Not being a director appointed as representative of the Board of Directors, major shareholder or shareholder who is related to a major shareholder of the Company

Having the following relationship with PTT, its parent company, subsidiary company, associate company, same-level subsidiary company, major shareholder or controlling person at present or during the past 2 years

​ Not taking part in the management and/or being an employee, staff member, advisor who receives a regular salary or is a controlling person as stipulated in PTT Independent Director Qualification.

​ Not being professional services provider, e.g., auditor, partner of an audit firm, legal advisor, financial advisor.

​ Not having significant business relation and neither is nor has ever been a significant shareholder or controlling person in a manner that may interfere with his/her independent judgment.

Qualification of Directors

​ Having qualifications required by the applicable laws and regulations as set out below∗

Board's Vision

1. He will contribute to the formulation of PTT's policies, vision, mission, objectives, and strategic plans, with the aim of driving the company toward becoming a leading global enterprise with sustainable growth. In this regard, he will take into account key risk factors affecting energy security, including global geopolitical tensions, changes in trade, taxation, technology, and supply chain management, to ensure timely and effective responses. He will also promote efficient and environmentally responsible energy use to address climate change and geopolitical challenges, recognizing that energy security is closely linked to economic and social stability, in alignment with PTT's vision of "Together for Sustainable Thailand, Sustainable World".

2. He will oversee and monitor PTT's operations to ensure that performance meets the established targets in both financial and non-financial aspects while providing constructive recommendations to support business development, enhance value creation, and strengthen long-term competitiveness. He will also ensure that PTT's business operations are conducted in compliance with applicable laws and regulations, while ensuring accountability to all stakeholders in accordance with good corporate governance principles.

   ‌∗- Standard Qualifications of Directors and State Enterprise Officers Act B.E. 2518, section 5 and section 7

   • Public Limited Companies Act, B.E. 2535, section 68

   • The Securities and Exchange Act B.E.2535, section 89/3 and the Notification of the Securities and Exchange Commission No. KorJor. 3/2560 regarding the Lack of Trustworthiness of Directors and Managing Directors

   • The Cabinet Resolution on 24 January 2011 regarding the accreditation of the high-level government officials or persons as directors in many State Enterprises, and/or legal entities which its shares held by the State Enterprises

   • PTT Articles of Association, the Corporate Governance Principles as disclosed in PTT Form 56-1 One Report, and PTT Independent Director Qualification

     
     
     

     Candidate's Profile

     Name : Pol. Capt. Piya Raksakul Age : 57 Proposed Position : Independent Director Education : Bachelor of Laws (Honors), Sripatum University : Master of Arts (Political Science - Justice Administration), Kasetsart University Expertise : Laws, Sustainability, Political Science, Security, Energy, Public Administration, and Organizational Management / Listed in the Director's Pool of Ministry of Finance Certificate : Lecture: PTT Group CG Day 2024 "Transformative CG for Net Zero" Mr. Kulvech

     Janvatanavit Executive Director, Thai Institute of Directors Association (IOD)

     : The Executive Program in Energy Literacy for a Sustainable Future (Class 19), Thailand Energy Academy : Advanced Certificate Course in Public Economic Management for Executives, Class 5, King Prajadhipoks Institute : Provincial Chief Prosecutors Training Program, Class 34, Office of the Attorney -General : Advanced Police Management Course, Class 41, Police College : Training Course on Environmental Governance for Executive Officers, Class 5, Department of Environmental Quality Promotion : Justice Administration Advance Course, Class 10, Ministry of Justice : Training Course on Advanced Politics and Election Development, Class 10, Office of the Election Commission : The Civil Service Executive Development Program: Visionary and Moral Leadership, Class 92, Office of the Civil Service Commission : Lecture: PTT Group CG Day 2023 "Great of Trust", Asst. Prof. Dr. Torphas Yomanak, Director of the Center for Political Economy Studies Faculty of Economics, Chulalongkorn University : Certificate in Rule of Law for Democracy, Class 11, Office of the Constitutional Court : 2023 PTIT Special Lecture by Khunying Thongtip Ratanarat: "Thailand's New Government; Must Have A "New Think Through" to Propel the Country's Economy Forward" : Seminar: PTT Group AC Forum 2024 "Watch Out the Signs" Director's Certificate : Director Certification Program (DCP 343/2023), Advanced Audit Committee

     Program (AACP 53/2024), Thai Institute of Directors Association (IOD)

     Work Experiences (last 5 years) :	2025 - Present	Independent Director, and Member of the Nominating
     :	2025 - Present	Committee PTT Public Company Limited Director-General of the Department of Probation,
     :	2024 - 2025	Ministry of Justice Deputy Secretary General, Southern Border Provinces
     :	2024 - 2025	Administration Centre Chairman of the Corporate Governance and Sustainability
     :	2024 - 2025	Committee, Thai Oil Public Company Limited Director, Metropolitan Waterworks Authority
     :	2023 - 2025	Independent Director, and Member of the Audit Committee,
     		Thai Oil Public Company Limited
     :	2023 - 2024	Member of the Corporate Governance and Sustainability
     		Committee, Thai Oil Public Company Limited
     :	2022 - 2024	Deputy Director-General, Department of Special Investigation
     :	2021 - 2022	Director, Bureau of Financial, Banking and Money Laundering
     		Crime, Department of Special Investigation
     :	2017 - 2021	Director, Bureau of Special Case Management, Department of
     		Special Investigation

     PTT Directorship : • Independent Director First Term : October 16, 2025 - Present (7 Months)

     • Member of the Nominating Committee : October 28, 2025 - Present

       Meeting attendance in 2025 : • PTT Board of Directors: 3/3 (100%)

     • The Nominating Committee : 3/3 (100%)

Possession of PTT shares : - None - (0% of total issued shares)

Proposed Candidate	Other Listed Companies		Other Important Organizations (non-listed companies)		Position in other organization that compete with/ related to the Company
	Number	Position	Number	Position
Pol. Capt. Piya Raksakul	-	None	1	1. Director-General of the Department of Probation, Ministry of Justice	None

Additional Qualification for independent director (As stipulated by the Notification of the Capital Market Supervisory Board No. TorJor. 39/2559) Type of relationship

​ Not having kin relationship including spouse of child of other directors, of an executive, major shareholder, controlling person, or person to be nominated as director, executive or controlling person of the Company or its subsidiary.

​ Not being a director appointed as representative of the Board of Directors, major shareholder or shareholder who is related to a major shareholder of the Company

Having the following relationship with PTT, its parent company, subsidiary company, associate company, same-level subsidiary company, major shareholder or controlling person at present or during the past 2 years

​ Not taking part in the management and/or being an employee, staff member, advisor who receives a regular salary or is a controlling person as stipulated in PTT Independent Director Qualification.

​ Not being professional services provider, e.g., auditor, partner of an audit firm, legal advisor, financial advisor.

​ Not having significant business relation and neither is nor has ever been a significant shareholder or controlling person in a manner that may interfere with his/her independent judgment.

Qualification of Directors

​ Having qualifications required by the applicable laws and regulations as set out below∗

Performance in 2025

1. He oversaw and monitored PTT's operations and the PTT Group's key investment projects including the strategic plans and annual budgets as well as the Business Continuity Plan (BCP) to ensure alignment with PTT's policies, vision, mission, objectives, and strategic direction. In this regard, he took into account risk factors and external factors to effectively respond to volatility and uncertainty, in line with PTT's vision of "Together for Sustainable Thailand, Sustainable World".

2. As an Independent Director, he oversaw and monitored PTT's operations to ensure compliance with applicable laws and regulations, the company's objectives, articles of association, resolutions of the shareholders' meeting and the Board of Directors' meetings, good corporate governance principles, vaious risk factors, and established policies and guidelines, with due consideration for the interests of shareholders and all stakeholders. He also ensured effective management of Board information, fostered constructive relationships between the Board and management, and provided independent and constructive recommendations and opinions to support PTT's strategic direction and business operations.

3. As a Member of the Nominating Committee, he oversaw and provided recommendations on the nomination and selection of qualified persons for appointment as directors of PTT and PTT Group to ensure compliance with applicable laws and regulations, good corporate governance principles, and PTT's Criteria and Practices for the Nomination of Directors of the PTT Group. This was to support the efficient operations of the PTT Group. He also oversaw the appointment, rotation, and promotion of executives to ensure appropriateness and alignment with organizational changes, thereby driving the company's operations in accordance with its vision and strategic direction.

   ‌∗- Standard Qualifications of Directors and State Enterprise Officers Act B.E. 2518, section 5 and section 7

   • Public Limited Companies Act, B.E. 2535, section 68

   • The Securities and Exchange Act B.E.2535, section 89/3 and the Notification of the Securities and Exchange Commission No. KorJor. 3/2560 regarding the Lack of Trustworthiness of Directors and Managing Directors

   • The Cabinet Resolution on 24 January 2011 regarding the accreditation of the high-level government officials or persons as directors in many State Enterprises, and/or legal entities which its shares held by the State Enterprises

   • PTT Articles of Association ,the Corporate Governance Principles as disclosed in PTT Form 56-1 One Report, and PTT Independent Director Qualification

     
     
     

     Candidate's Profile

     Name : Mr.Kulit Sombatsiri Age : 62 Proposed Position : Independent Director Education : Bachelor of Public Administration, Ramkhamheang University : Master of Business Administration, University of Southern California, USA : Master of Public Administration in Public Finance, San Diego State University, USA Expertise : Energy, Public Administration, Business Administration, Governance for State Enterprise, Enterprise Risk Management, Political Science, Security, Finance, Treasury, and Sustainability / Listed in the Director's Pool of Ministry of Finance Certificate : The National Defence Course (Class 54), Thai National Defence College : Capital Market Academy Leader Program, (Class 10), Capital Market Academy (CMA) : The Executive Program in Energy Literacy for a Sustainable Future (Class 6), Thailand Energy Academy : The Executive Program in Justice System (Class 24), Judicial Training Institute : Certificate in Rule of Law for Democracy, Class 6, Office of the Constitutional Court : Diploma, National Defence Course for the Joint State-Private. Sector (Class 24), National Defence College of Thailand (NDC) : Senior Executive Development Programme (SEDP), Class 1, Civil Service Training Institute, Office of the Civil Service Commission (OCSC) : Thailand's In Land Transport Infrastructure and Investment Opportunity Program, by Mr. Sorapong Paitoonpong, Deputy Permanent Secretary of Ministry of Transport Director's Certificate : Director Accreditation Program (DAP 124/2009), Financial Statements for

     Director (FSD), Subsidiary Governance Program (SGP), Thai Institute of Directors Association (IOD), Certificate of How to Develop a Winning Digital Strategy Program, Thai Institute of Directors Association (IOD)

     Work Experiences (last 5 years) : 2025 - Present Independent Director, and Member of the Corporate Governance

     and Sustainability Committee, PTT Public Company Limited

     : 2025 - Present Chairman of the Working Group on Administrative

     Efficiency, Ministry of Energy

     : 2025 - Present Expert Member, the Public Sector Development

     Commission

     Work Experiences (last 5 years) :	2025 - Present	Expert Member, the Public-Private Partnerships Policy Committee
     :	2024 - Present	Chairperson, Big Data Institute (Public Organization)
     :	2023 - 2025	Expert Member, the National Land Policy Committee
     :	2023 - 2024	Member, the Screening Committee for State Enterprise Directors
     :	2023 - 2024	Advisor to the Prime Minister
     :	2020 - 2023	Chairman, and Chairman of Investment Committee, Electricity Generating Public Company Limited
     :	2019 - 2023	Chairman, Electricity Generating Authority of Thailand
     :	2018 - 2023	Permanent Secretary, Ministry of Energy

     PTT Directorship : • Independent Director First Term : November 14, 2025 - Present (6 Months)

     • Member of the Corporate Governance and Sustainability Committee : December 18, 2025 - Present

Meeting attendance in 2025 : • PTT Board of Directors: 1/1 (100%) Possession of PTT shares : - None - (0% of total issued shares)

Proposed Candidate	Other Listed Companies		Other Important Organizations (non-listed companies)		Position in other organization that compete with/ related to the Company
	Number	Position	Number	Position
Mr.Kulit Sombatsiri	-	None	4	Chairman of the Working Group on Administrative Efficiency, Ministry of Energy Expert Member, the Public Sector Development Commission Expert Member, the Public-Private Partnerships Policy Committee Chairperson, Big Data Institute (Public Organization)	None

Additional Qualification for independent director (As stipulated by the Notification of the Capital Market Supervisory Board No. TorJor. 39/2559) Type of relationship

​ Not having kin relationship including spouse of child of other directors, of an executive, major shareholder, controlling person, or person to be nominated as director, executive or controlling person of the Company or its subsidiary.

​ Not being a director appointed as representative of the Board of Directors, major shareholder or shareholder who is related to a major shareholder of the Company

Having the following relationship with PTT, its parent company, subsidiary company, associate company, same-level subsidiary company, major shareholder or controlling person at present or during the past 2 years

​ Not taking part in the management and/or being an employee, staff member, advisor who receives a regular salary or is a controlling person as stipulated in PTT Independent Director Qualification.

​ Not being professional services provider, e.g., auditor, partner of an audit firm, legal advisor, financial advisor.

​ Not having significant business relation and neither is nor has ever been a significant shareholder or controlling person in a manner that may interfere with his/her independent judgment.

Qualification of Directors

​ Having qualifications required by the applicable laws and regulations as set out below∗

Performance in 2025

1. He oversaw and monitored PTT's operations and the PTT Group's key investment projects, including the strategic plan and annual budgets as well as the Business Continuity Plan (BCP) to ensure alignment with PTT's policies, vision, mission, objectives, and strategic direction. He also took into account energy-related risks and various external factors to respond to volatility and uncertainty, while considering strong and high-potential business partners to enhance competitiveness and support the company's sustainable growth, in line with PTT's vision of "Together for Sustainable Thailand, Sustainable World".

2. As an Independent Director, he oversaw and monitored PTT's operations to ensure compliance with applicable laws and regulations, PTT's objectives, articles of association, resolutions of the shareholders' meetings and the Board of Directors' meetings, good corporate governance principles, various risk factors, and established policies and guidelines, with due consideration for the interests of shareholders and all stakeholders. He also provided independent recommendations and opinions to support PTT's strategic direction and business operations, while promoting national energy security for Thailand.

   ‌∗- Standard Qualifications of Directors and State Enterprise Officers Act B.E. 2518, section 5 and section 7

   • Public Limited Companies Act, B.E. 2535, section 68

   • The Securities and Exchange Act B.E.2535, section 89/3 and the Notification of the Securities and Exchange Commission No. KorJor. 3/2560 regarding the Lack of Trustworthiness of Directors and Managing Directors

   • The Cabinet Resolution on 24 January 2011 regarding the accreditation of the high-level government officials or persons as directors in many State Enterprises, and/or legal entities which its shares held by the State Enterprises

   • PTT Articles of Association ,the Corporate Governance Principles as disclosed in PTT Form 56-1 One Report, and PTT Independent Director Qualification

     
     
     

     Candidate's Profile

     Name : Mr. Teeralak Sangsnit Age : 56 Proposed Position : Director

     Education : Bachelor of Business Administration (Finance), University of the Thai Chamber of Commerce

     : Master of Science (Business Administration), Strayer College, USA : Master of Science (Engineering Management), The George Washington University, USA

     Expertise : Finance, Treasury, Organizational Management, Business Administration,

     Engineering, Economics, Energy, Enterprise Risk Management, and Governance for State Enterprise

     Certificate : Advanced Certificate Course in Public Economic Management for Executives

     (Class 9), King Prajadhipok's Institute

     : Politics and Governance in Democratic Systems for Executives (Class 16), King Prajadhipok's Institute : Advanced Certificate Course in Public Administration and Law for Executives (Class 13), King Prajadhipok's Institute : Senior Executive Development Program 2 (Class 13), Office of the Civil Service Commission : Professional Development Program for Inspector General 2024, the Office of the Permanent Secretary : The National Defense Course (Class 67), Thai National Defence College

     Director's Certificate : Director Certification Program (DCP 364/2024), Role of the Chairman Program (RCP 58/2024), Board Nomination and Compensation Program (BNCP 24/2025), Thai Institute of Directors Association (IOD)

     Work Experiences (last 5 years) : 2025 - Present Director, Member of the Nominating Committee, and

     Member of the Remuneration Committee, PTT Public Company Limited

     : 2025 - Present Chairman, Tobacco Authority of Thailand

     : 2024 - Present Chairman, National Savings Fund

     : 2024 - Present Deputy Permanent Secretary, Chief of the Revenue Cluster, Ministry of Finance

     : 2023 - Present Director and Chairman of the Audit Committee,

     Krungthai Asset Management Public Company Limited

     : 2023 - Present Director, Neighbouring Countries Economic

     Development Cooperation Agency

     : 2022 - 2025 Director, PTT LNG Company Limited

     : 2024 - 2025 Chairman, Export-Import Bank of Thailand

     Work Experiences (last 5 years) :	2023 - 2024	Inspector General, Ministry of Finance
     :	2022 - 2024	Director, Financial Institutions Development Fund
     :	2022 - 2023	Bond Market Advisor, Public Debt Management Office,
     :	2020 - 2022	Ministry of Finance Deputy Director General, Public Debt Management
     		Office, Ministry of Finance

     PTT Directorship : • Director First Term : June 19, 2025 - Present (11 Months)

     • Member of the Nominating Committee : October 16, 2025 - Present

     • Member of the Remuneration Committee : June 19, 2025 - Present

       Meeting attendance in 2025 : • PTT Board of Directors: 9/9 (100%)

     • The Nominating Committee : 4/4 (100%)

     • The Remuneration Committee : 1/1 (100%)

       Possession of PTT shares : - None - (0% of total issued shares)

       Proposed Candidate	Other Listed Companies		Other Important Organizations (non-listed companies)		Position in other organization that compete with/ related to the Company
       	Number	Position	Number	Position
       Mr. Teeralak Sangsnit	-	None	5	Cooperation Agency	None

       1. Chairman, Tobacco Authority of Thailand

       2. Chairman, National Savings Fund

       3. Deputy Permanent Secretary, Chief of the Revenue Cluster, Ministry of Finance

       4. Director and Chairman of the Audit Committee, Krungthai Asset Management Public Company Limited

       5. Director, Neighbouring Countries Economic Development

       Qualification of Directors

       ​ Having qualifications required by the applicable laws and regulations as set out below∗

       ‌∗- Standard Qualifications of Directors and State Enterprise Officers Act B.E. 2518, section 5 and section 7

   • Public Limited Companies Act, B.E. 2535, section 68

   • The Securities and Exchange Act B.E.2535, section 89/3 and the Notification of the Securities and Exchange Commission No KorJor. 3/2560 regarding the Lack of Trustworthiness of Directors and Managing Directors

   • The Cabinet Resolution on 24 January 2011 regarding the accreditation of the high-level government officials or persons as directors in many State Enterprises, and/or legal entities which its shares held by the State Enterprises

Performance in 2025

1. He contributed to the formulation and review of PTT's policies, vision, mission, objectives, and strategic plans, taking into account a balanced energy transition across the dimensions of energy security, affordability & competitiveness, and sustainability, as well as risk factors and various external factors, to respond to volatility and uncertainty. He also provided recommendations and promoted reliable and robust operational processes to enhance competitiveness and deliver strong performance for the company's sustainable business growth, while creating value for shareholders, all stakeholders, and society at large, in alignment with PTT's vision of "Together for Sustainable Thailand, Sustainable World".

2. As a Member of the Nominating Committee, he oversaw and provided recommendations on the nomination and selection of qualified persons for appointment as directors of PTT and PTT Group as well as the nomination of specific committee members to ensure compliance with applicable laws and regulations, good corporate governance principles, and PTT's Criteria and Practices for the Nomination of Directors of the PTT Group. This was to support the efficient business operations of the PTT Group. He also oversaw the appointment, rotation, and promotion of executives to ensure appropriateness and alignment with organizational changes, thereby driving the company's operations in accordance with its vision and strategic direction.

3. As a Member of the Remuneration Committee, he oversaw and provided recommendations on the restructuring of employees' salary structures to reflect current market conditions, benchmarking against leading state enterprises and private companies, as well as on the implementation of a Variable Bonus system for executives and employees to enhance performance and maximize organizational benefits.

- PTT Articles of Association, the Corporate Governance Principles as disclosed in PTT Form 56-1 One Report

Candidate's Profile

Name : Dr.Veerapat Kiatfuengfoo

Age : 54 Proposed Position : Director Education : Bachelor of Business Administration, Kasetsart University : Master of Economic Development, Vanderbilt University, USA : Ph.D. Development Studies, University of Melbourne, Australia Expertise : Economics, Energy, Business Administration, Organizational Management, Enterprise Risk Management, Finance, Sustainability, Banking, and Corporate Governance / Listed in the Director's Pool of Ministry of Finance Certificate : The Executive Program on Energy Literacy for a Sustainable Future (Class 18), Thailand Energy Academy : Executive Energy Management Program, Class 10, Ministry of Energy : Executive Development Program, Class 10, Ministry of Education : Executive Development Program, Class 13, Ministry of Finance : The Civil Service Executive Program, Class 13, Office of the Civil Service Commission Director's Certificate : Director Certification Program (DCP 336/2023), Thai Institute of Directors

Association (IOD)

Work Experiences (last 5 years) : 2024 - Present Director, and Member of the Enterprise Risk

Management Committee, PTT Public Company Limited

: 2024 - Present Deputy Permanent Secretary, the Office of the Permanent Secretary, Ministry of Energy : 2024 Director, and Member of the Risk Management Committee, PTT Exploration and Production Public Company Limited : 2024 Advisor, Institute of Industrial Energy, Federation of Thai Industry : 2024 Director, Thailand Automotive Institute : 2024 Director General, Energy Policy, and Planning Office, Ministry of Energy : 2023 - 2024 Deputy Permanent Secretary, Office of the Permanent Secretary, Ministry of Energy : 2023 - 2024 Director, and Member of the Risk Management

Committee, Thai Oil Public Company Limited

: 2021 - 2023 Deputy Director General of Energy Policy and Planning

Office, Ministry of Energy

: 2018 - 2021 Executive Director, Power Policy Division, Energy

Policy and Planning Office, Ministry of Energy

PTT Directorship : • Director First Term : October 17, 2024 - Present (1 Year 7 Months)

• Member of the Enterprise Risk Management Committee : November 5, 2024 - Present

  Meeting attendance in 2025 : • PTT Board of Directors: 17/17 (100%)

• The Enterprise Risk Management Committee : 14/14 (100%)

Possession of PTT shares : - None - (0% of total issued shares)

Proposed Candidate	Other Listed Companies		Other Important Organizations (non-listed companies)		Position in other organization that compete with/ related to the Company
	Number	Position	Number	Position
Dr.Veerapat Kiatfuengfoo	-	None	1	1. Deputy Permanent Secretary, the Office of the Permanent Secretary, Ministry of Energy	None

Qualification of Directors

​ Having qualifications required by the applicable laws and regulations as set out below∗

Performance in 2025

1. He contributed to the formulation and review of PTT's policies, vision, mission, objectives, and strategic plans, taking into account a balanced energy transition across the dimensions of energy security, affordability and competitiveness, and sustainability, as well as risk factors and various external factors, to respond to volatility and uncertainty. He also provided recommendations and opinions on the progress of the PTT Group's key projects to maintain the competitiveness of its core businesses while pursuing new business opportunities, in alignment with PTT's vision of "Together for Sustainable Thailand, Sustainable World".

2. As a Member of the Enterprise Risk Management Committee, he oversaw and provided recommendations on risk management to mitigate impacts on PTT's business operations, oversaw the management of corporate stakeholders and corporate innovation, reviewed and provided feedback on matters related to complex business contracts and large-scale investments, monitored the annual risk management process to ensure alignment with business strategies and the evolving business environment, and reviewed the list of corporate risks and the annual risk management plan to ensure alignment with business objectives and effective implementation throughout the organization.

   ‌∗- Standard Qualifications of Directors and State Enterprise Officers Act B.E. 2518, section 5 and section 7

   • Public Limited Companies Act, B.E. 2535, section 68

   • The Securities and Exchange Act B.E.2535, section 89/3 and the Notification of the Securities and Exchange Commission No. KorJor. 3/2560 regarding the Lack of Trustworthiness of Directors and Managing Directors

   • The Cabinet Resolution on 24 January 2011 regarding the accreditation of the high-level government officials or persons as directors in many State Enterprises, and/or legal entities which its shares held by the State Enterprises

   • PTT Articles of Association, the Corporate Governance Principles as disclosed in PTT Form 56-1 One Report

PTT Independent Director Qualification (More restrictions than the Stock Exchange Commission and Stock Exchange's minimum requirements)

PTT independent director must;

1. Holding shares not exceeding 0.5 percent of the total number of shares with voting rights of PTT, its parent company, subsidiary company, associate company, major shareholder or controlling person, including shares held by related persons of such independent director.

2. Neither being nor used to be an executive director, employee, staff, advisor who receives salary, or controlling person of PTT, its parent company, subsidiary company, associate company, same-level subsidiary company, major shareholder or controlling person, unless the foregoing status has ended not less than two years prior to the date of being appointed as independent director. Such prohibited characteristic shall not include the case where the independent director used to be a government official or advisor of a government unit, which is a major shareholder or controlling person of PTT.

3. Not being a person related by blood or legal registration as father, mother, spouse, sibling, and child, including spouse of child of other director, executive, major shareholder, controlling person, or person to be nominated as executive or controlling person of PTT or its subsidiary company.

4. Neither having nor used to have a business relationship with PTT, its parent company, subsidiary company, associate company, major shareholder or controlling person, in the manner which may interfere with his independent judgement, and neither being nor used to be a significant shareholder or controlling person of any person having a business relationship with PTT, its parent company, subsidiary company, associate company, major shareholder or controlling person, unless the foregoing relationship has ended not less than two years prior to the date of being appointed as independent director.

   The term 'business relationship' under the first paragraph shall include any normal business transaction, rental or lease of immovable property, transaction relating to assets or services or granting or receipt of financial assistance through receiving or extending loans, guarantee, providing assets as collateral, and any other similar actions, which result in PTT or his counterparty being subject to indebtedness payable to the other party in the amount of three percent or more of the net tangible assets of PTT or twenty million baht or more, whichever is lower. The amount of such indebtedness shall be calculated according to the method for calculation of value of connected transactions under the Notification of the Capital Market Supervisory Board governing rules on connected transactions mutatis mutandis. The consideration of such indebtedness shall include indebtedness occurred during the period of one year prior to the date on which the business relationship with the person commences.

5. Neither being nor used to be an auditor of PTT, its parent company, subsidiary company, associate company, major shareholder or controlling person, and not being a significant shareholder, controlling person, or partner of an audit firm which employs auditors of PTT, its parent company, subsidiary company, associate company, major shareholder or