Osotspa Announces the Election of General Surapong Suwana-adth and Mr. Charamporn Jotikasthira to the Board of Directors

Osotspa Public Company Limited, Thailand’s leading manufacturer and distributor of consumer products, announces that General Surapong Suwana-adth and Mr. Charamporn Jotikasthira have been elected as the new independent directors, effective August 5, 2021. With valuable experiences in many leading organizations in Thailand, General Surapong Suwana-adth and Mr. Charamporn Jotikasthira will help support strategy formulation, business expansion and the management of Osotspa to grow steadily and sustainably in Thailand and the CLMV region.

Mr. Surin Osathanugrah, Chairman of Osotspa Public Company Limited or OSP, revealed that the Extraordinary General Meeting of Shareholders No. 1/21, held on August 5, 2021, resolved to approve the increase in the number of the Board of Directors from 15 members to 17 and the election of General Surapong Suwana-adth and Mr. Charamporn Jotikasthira as the independent directors of the Company as both are highly qualified and experienced individual and have been accepted by government agencies and the private sector.

The two appointed independent directors are experts who have contributed to the growth of leading organizations and national policies. General Surapong Suwana-adth was a member of the National Legislative Assembly and Chairman (Independent Director) of TOT Plc. in 2014-2019, currently holding a position of a senator. Mr. Charamporn Jotikasthira, who is knowledgeable in finance and capital markets in Thailand, previously held the position of President and CEO of the Stock Exchange of Thailand and a member of the Financial Institutions Policy Committee (FIPC), Bank of Thailand, has helped lay a foundation for strengthening the Thai economy and capital market. He currently holds important positions in many leading private companies.

“We are very pleased to have both experts join the Board of Directors of the Company. Their experiences and visions will help strengthen the business and strategy as well as will benefit the Company to achieve goals and regional business expansion for stable and sustainable growth,” said Mr. Surin