Board Of Directors of Asia Cement

The Board of Directors is Asia Cement’s highest governance body and the decision-making body for major business matters. It guides corporate strategy, oversees management, and exercises its authority in accordance with applicable laws and regulations, the Articles of Incorporation, and resolutions of shareholders’ meetings. The Board meets at least quarterly. In 2025, it held four meetings with a 95% attendance rate and oversaw 18 sustainability issues, including greenhouse gas management, occupational safety and environmental management, community development, corporate governance, ethical management, and sustainable development.

• The Company adopts the cumulative voting system.
• The nominating candidate system.
• Current term: June 23, 2023 to June 22, 2026.
• Board composition: 14 members, comprising three executive directors, seven non-executive directors and four independent directors; two directors are women.

Board Diversity

Board members bring expertise in risk management, operational judgment, business management, finance and accounting, legal and commercial affairs, crisis management, industry knowledge, international markets, and leadership and decision-making. This diversity supports the quality of Board decisions and oversight.

Director Training and Performance Evaluation

In 2025, directors completed a total of 91.5 training hours, averaging 6.1 hours per director. Internal Board performance evaluation scores ranged from 4.36 to 4.94, rated excellent to outstanding. The overall external evaluation score was 4.85, and the next external evaluation is scheduled for 2028. Directors’ remuneration is linked to sustainability performance under the Board Performance Evaluation Measures; the actual allocation rate in 2025 was 1.099%.