Svoa Public Company Limited, at its board of directors meeting held on February 25, 2016, approved the appointment Mr. Manu Leopairote, who currently is Chairman of Audit Committee, Independent Director, and Chairman of Nominating and Remuneration Committee, to be Chairman of the Board replacing Mr. Thienchai Srivichit. As Chairman of the Board, Mr. Manu Leopairote would not have authorization in signatory to the company.