Shareholders’ rights and equal and fair treatment of all shareholders are among our highest priorities.
Recognizing the importance of shareholders as well as compliance with the law and corporate governance
promotion, KASIKORNBANK facilitates shareholders in proposing, in advance of the Annual General Meeting
(AGM) schedule, an issue beneficial to the Bank and shareholders, deemed appropriate for inclusion in
the agenda of the Annual General Meeting, with reference to the criteria below.
Recognizing the importance of shareholders and corporate governance promotion, KASIKORNBANK facilitates
shareholders in nominating a qualified candidate for the Bank’s directorship under the criteria
The Bank will consider qualifications of candidate for Director Election in compliance with applicable
laws and the Bank’s regulations, as follows:
Recognizing the importance of shareholders and corporate governance promotion, KASIKORNBANK has
established a procedure that facilitates shareholders in sending their questions to the Bank, in advance
of the Annual General Meeting schedule, as shareholders can submit questions relating to the agenda
items for the 2021 General Meeting of Shareholders No. 109 to the Bank, with reference to the criteria
The voting is based on the principle of one share equals one vote. For each agenda item, each shareholder
is eligible to cast his/her vote to either approve, disapprove, or abstain from voting. Split votes in
other ways are disallowed. Exceptions are made for proxy holders for foreign investors who appoint
custodians in Thailand to safe-keep their clients' securities.
In voting for each agenda item, shareholders who wish to disapprove or abstain from voting on any agenda
item should indicate their votes on the ballots; then relevant officers will take the barcode reader to
record the votes at their seats and collect the ballots for verification. For the agenda item regarding
the election of directors, shareholders are required to cast their votes on the ballots for the election
of individual directors. Shareholders who approve or do not cast votes on the ballots will be assumed to
have approved the agenda item as proposed. They are, therefore, not required to submit them for vote
counting during the Meeting. Shareholders are required to submit the remaining ballots to the Bank's
staff at the end of the Meeting. Shareholders who left before the meeting ended must return their
ballots to officers subsequently for record.
In the vote-counting process, a resolution will require a majority of votes at the Meeting. An exception
is made for the agenda item concerning the remuneration of directors, wherein a resolution will require
not less than two-thirds of all votes from shareholders who are in attendance at the Meeting, as well as
the agenda items concerning the amendment of the Bank's Articles of Association, wherein a
resolution will require not less than three-fourths of all votes from shareholders who are in attendance
and eligible to vote at the Meeting.
The Bank is using the barcode system in the registration and vote-counting processes for the convenience
To count the votes in approval for each agenda item, the Bank will deduct the total votes cast as
disapproval and abstention, as well as the number of invalid ballots, from the total number of
shareholders who are in attendance at the Meeting and those who have entrusted proxies to vote on their
behalf. Shareholders who cast votes in advance or entrusted the Bank's directors as their proxies to
attend the Meeting and cast their votes on their behalf will have their votes cast in accordance with
After the vote counting for each agenda item, the Bank will announce the voting results as approval,
disapproval, abstention, invalid ballots and votes of shareholders who are not entitled to vote as a
percentage of the total votes of shareholders, according to the required proportion of votes. For the
agenda item concerning the election of directors, the Bank will announce the voting results for
individual directors. However, the number of votes of shareholders or proxies may vary for each agenda
item because there were additional shareholders attending the Meeting and some may leave the Meeting
before casting votes.
Regarding invalid ballots, the ballots are considered invalid when there is more than one box marked or
there are cancellation marks on the ballots or there are split votes (except for the case of