DEMCO Public Company Limited at its board meeting held on February 14, 2023, acknowledgement of the resignation of Mrs. Praphee Puipunthavong, Chairman of the Board, with the reason for suitable and sustainable organization reforming to keep up with rapid change in Technologies and Innovations of various Industrial Sector, including to conform with the trend of Government's energy policies. Therefore, it is good opportunity to nominate a potential Director to be the new Chairman of the Board, which be effective from February 14, 2023 onwards. Approved the appointment of Mr. Numchai Lowattanatakul to be the Independent Director and Chairman of the Board, replacing Mrs. Praphee Puipunthavong effective from February 14, 2023 onwards.