The Board of Directors' Meeting of Sivarom Real Estate Public Company Limited held on September 21, 2023 has acknowledged the resignation of Mr. Autthapawit Manothamraksa from the position of a Director, Executive Chairman and Managing Director, caused of health problems with the effective from October 1, 2023 onwards. The board approved the appointment of Mr. Podchara Manotamraksa as Director and Executive Director in replacement of Mr. Autthapawit Manothamraksa, the resigned director, with the effective from October 1, 2023. In this regard, the new director will have a term of office equal to the remaining term of the resigned director.

After the change of directors, the Board of Directors of the Company will be comprised of 4 directors as follows: Mr. Pawin Chamniprasart Chairman of the Board of Directors /Independent Director, Mr. Phaithoon Rakprathet Vice Chairman /Independent Director /Chairman of the Audit Committee, Mrs. Pornnipha Reunghirun Independent Director /Member of the Audit Committee, Mr. Preecha Plengphew Independent Director /Member of the Audit Committee, Mr. Ronnarith Thitisuriyarax Director /Executive Chairman, Miss Punika Manotamraksa Director /Executive Director, Mr. Podchara Manotamraksa Director /Executive Director. The board approved the organization restructuring and the changes in executives' positions as follows: Mr. Ronnarith Thitisuriyarax as Senior Deputy Chief Executive Officer from Senior Deputy Managing Director, Mr. Adisak Chukwan as Deputy Chief Executive Officer from Deputy Managing Director, Mr. Jakkapong Pratnakorn as Senior Assistant Chief Executive Officer from Senior Assistant Managing Director, Mr. Eak Ngamjirattitikal as Assistant Chief Executive Officer from Assistant Managing Director.