Chumporn Palm Oil Industry Public Company Limited at its board meeting held on February 22, 2024 announced that Banphot Hongthong Independent Director, Chairman of the Board of Directors, Chairman of the Nomination and Remuneration Committee; Saravut Menasavet Independent Director, Member of the Audit and Risk Management Committee; and Paiboon Kujareevanich Independent Director, Member of the Audit and Risk Management Committee have completed their term of office as directors and that compliance with good governance principles regarding the term of office of independent directors should not exceed 6-9 years; therefore, all three independent directors notified the meeting of their intention not to renew the term of directors of the Company. All three independent directors would perform their duties as directors until the end of the term of office on the date of the Annual General Meeting of Shareholders No. 1/2024.