Star Petroleum Refining : Notification of the Resolution of 2021 Annual General Meeting of Shareholders

STAR PETROLEUM REFINING PUBLIC COMPANY LIMITED

บริษัท สตาร์ ปิ โตรเลียมรีไฟน์นิ่ง จ ากัด (มหาชน)

เลขทะเบียนนิติบุคคล0107555000155

(Translation)

No. SPRC-CF-OUT21-280

9 April 2021

Subject: Notification of the Resolution of 2021 Annual General Meeting of Shareholders

To:	The President of the Stock Exchange of Thailand

Star Petroleum Refining Public Company Limited (the "Company") held the 2021 Annual General Meeting of Shareholders on 9 April 2021 at 9:30 a.m. via electronic media (E-AGM) in accordance with the Emergency Decree on Electronic Meeting B.E. 2563. The Meeting was broadcasting from Studio 6 room, 4th Floor, Renaissance Bangkok Ratchaprasong Hotel, 518/8, Ploenchit Road, Pathumwan, Bangkok, 10330. At the commencement of the meeting, there were 56 shareholders attending the meeting via electronic media in person and by proxy holding in aggregate 3,474,198,635 shares, representing 80.13% of the total issued shares of the Company. The resolution of the meeting can be summarized as follows:

1. certified minutes of the 2020 Annual General Meeting of Shareholders held on 25 September 2020 by the majority votes of the shareholders attending and eligible to vote at the meeting. The details are as follows:

	Approve	Disapprove	Abstain	Voided	Total
				Ballot
Number of	3,467,941,835	0	0	0	3,467,941,835
Votes
Percentage	100.00	0.00	0.00	0.00	100.00

1. acknowledged 2020 Company's performance and 2020 Annual Report (56-1 One Report)
2. approved the financial statements for the year-ended 31 December 2020 by the majority votes of the shareholders attending and eligible to vote at the meeting. The details are as follows:

	Approve	Disapprove	Abstain	Voided	Total
				Ballot
Number of	3,466,567,035	1,000	1,401,600	0	3,467,969,635
Votes
Percentage	99.96	0.00	0.04	0.00	100.00

4. approved no distribution of annual dividend payment for the year 2020 by the majority vote of the shareholders attending and eligible to vote at the meeting. The details are as follows:

		Approve	Disapprove	Abstain		Voided	Total
						Ballot
	Number of	3,467,968,635	1,000	0		0	3,467,969,635
	Votes
	Percentage	100.00	0.00	0.00		0.00	100.00
No. 1, I-3B Road, Map Ta Phut, Amphur Muang Rayong, Rayong Province 21150, Thailand. Tel. [phone] Fax [phone]
เลขที่ 1ถนน ไอ - 3บี ต ำบลมำบตำพุด อ ำเภอเมืองระยองจังหวัดระยอง21150	โทร. [phone] โทรสำร [phone]

STAR PETROLEUM REFINING PUBLIC COMPANY LIMITED

บริษัท สตาร์ ปิ โตรเลียมรีไฟน์นิ่ง จ ากัด (มหาชน)

เลขทะเบียนนิติบุคคล0107555000155

5. approved the election of directors for replacement of two directors who will be retired by rotation and the election of the new director to fill the vacancy, all of them obtained the highest number of votes by the majority of votes of the shareholders attending and eligible to vote at the meeting. The details are as follows:

1. Mrs. Barbara Frances Harrison, Director (re-election)

	Approve	Disapprove		Abstain		Voided	Total
						Ballot
Number of	3,421,951,749	45,509,286		508,600		0	3,467,969,635
Votes
Percentage	98.67	1.31		0.02		0.00	100.00
(2) Mr. Robert Stair Guthrie, Independent Director (re-election)
	Approve	Disapprove		Abstain		Voided	Total
						Ballot
Number of	3,389,968,917	77,436,518		564,200		0	3,467,969,635
Votes
Percentage	97.75	2.23		0.02		0.00	100.00
(3) Mr. Verapong Chaiperm, Independent Director
	Approve	Disapprove		Abstain		Voided	Total
						Ballot
Number of	3,464,166,635	3,182,100		620,900		0	3,467,969,635
Votes
Percentage	99.89	0.09		0.02		0.00	100.00

6. approved the directors' remuneration for year 2021. The directors' remuneration package is the same package as applied in the previous year. Such package was in approved by the Nomination, Remuneration and Corporate Governance Committee, having details as follows:

	Monthly Fee		Meeting Allowance
For 2021	(Baht/Month)		(Baht/Meeting)
Chairman	Vice		Member	Chairman	Vice	Member
	Chairman		Chairman
Board of Directors	180,000	170,000		145,000	25,000	20,000	20,000
Audit Committee	-	-		-	40,000	-	30,000
Nomination, Remuneration and	-	-		-	40,000	-	30,000
Corporate Governance Committee
Human Resources Committee	-	-		-	40,000	-	30,000

No. 1, I-3B Road, Map Ta Phut, Amphur Muang Rayong, Rayong Province 21150, Thailand. Tel. [phone] Fax [phone]

เลขที่ 1ถนน ไอ - 3บี ต ำบลมำบตำพุด อ ำเภอเมืองระยองจังหวัดระยอง21150 โทร. [phone] โทรสำร [phone]

STAR PETROLEUM REFINING PUBLIC COMPANY LIMITED

บริษัท สตาร์ ปิ โตรเลียมรีไฟน์นิ่ง จ ากัด (มหาชน)

เลขทะเบียนนิติบุคคล0107555000155

The Company does not provide any other form of remuneration (e.g. bonuses) to the directors other than those specified above.

The resolution was passed by at least two-third votes of the shareholders attending the meeting. The details are as follows:

	Approve	Disapprove	Abstain	Voided	Total
				Ballot
Number of	3,467,357,535	7,000	605,100	0	3,467,969,635
Votes
Percentage	99.98	0.00	0.02	0.00	100.00

7. approved the appointment of Mr. Chanchai Chaiprasit, Certified Public Account (Thailand) No. 3760, Mr. Pongthavee Ratanakoses, Certified Public Account (Thailand) No. 7795 or Mr. Kan Tanthawirat, Certified Public Account (Thailand) No. 10456 of PricewaterhouseCoopers ABAS Limited as the

Company's auditor(s) for the year 2021 at the fee of Baht 2,955,000 pursuant to the recommendation of the Audit Committee. The resolution was passed by the majority votes of the shareholders attending and eligible to vote at the meeting. The details are as follows:

	Approve	Disapprove	Abstain	Voided	Total
				Ballot
Number of	3,410,024,835	0	57,944,800	0	3,467,969,635
Votes
Percentage	98.33	0.00	1.67	0.00	100.00

Please kindly be informed.

Yours sincerely,

(Mr. Timothy Alan Potter)

Chief Executive Office

Investor Relations

Tel: [phone] and 038 699 699

No. 1, I-3B Road, Map Ta Phut, Amphur Muang Rayong, Rayong Province 21150, Thailand. Tel. [phone] Fax [phone]

เลขที่ 1ถนน ไอ - 3บี ต ำบลมำบตำพุด อ ำเภอเมืองระยองจังหวัดระยอง21150 โทร. [phone] โทรสำร [phone]