Nam Seng Insurance Public Company Limited at its Board of Directors' meeting held on 3 February 2023 have passed the following resolutions: Acknowledged the resignation of director and approved the appointment of new director to replace the resigned director Mr. Nattawut Nganpinyo wished to resign from his directorship of the Company, whereby the resignation letter has been arrived at the Company on 1 February 2023 and the resignation of Mr. Nattawut Nganpinyo taking effect immediately when the Company received such resignation letter. The Board of Directors' meeting then approved the appointment of Mr. Banjerd Tungtorrid to be a director of the Company in replacement of Mr. Nattawut Nganpinyo, the resigned director, taking effect immediately when the board of directors approved such appointment. In this regard, the new director will have a term of office equal to the remaining term of the resigned director.

Therefore, the board of directors of the Company will have 9 directors in total, as follows: Mr. Yongyuth Phusanti, Chairman, Independent Director; Mr. Somboon Fusriboon, Vice Chairman, Chairman of Executive Committee, Investment Committee; Mr. Voravatch Jaroenchaiyapongs, Director, Executive Committee, Chairman of Investment Committee; Mrs. Pornpun Tanariyakul, Independent Director, Audit Committee; Mr. Till Boehmer, Director; Mr. Matthias Benedikt Veith, Director; Mr. Patrick Blust, Director; Mr. Surasak Vajasit, Independent Director,; and Mr. Banjerd Tungtorrid, Director. The company also Approved the appointment of members of audit committee: The appointment of 2 independent directors, which are (I) Mr. Yongyuth Phusanti and (2) Mr. Surasak Vajasit to be members of audit committee of the Company taking effect immediately when the board of directors approved such appointment. Therefore, the members of audit committee of the Company will have 3 directors in total, as follows: Mr. Yongyuth Phusanti, Chairman of Audit Committee, Mrs. Pornpun Tanariyakul, Audit Committee; and Mr. Surasak Vajasit, Audit Committee.