Board of directors' meeting of CPT Drives and Power Public Company Limited was held on May 24, 2018. Significant resolutions are; to acknowledge the resignation of Mr. Charoong Supanpong, the Chairman of Board and Independent Director. The effective date will be from May 21, 2018 onwards; to resolve the appointment of Mr. Prapart Praisuwanna as the Chairman of Board instead of Mr. Charoong Supanpong, effective date will be on May 24, 2018 onward; to resolve the appointment of Mr. Worapoj Yasadatt as a member of Independent Director instead of Mr. Charoong Supanpong, effective date will be on May 24, 2018 onward; to acknowledge the resignation of Mr. Prapart Praisuwanna as a member of audit committees because of the Chairman of the Board's appointment and approve the appointment of Mr. Worapoj Yasadatt as a member of audit committees instead of Mr. Prapart Praisuwanna, effective date will be on May 24, 2018 onward.