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Risk Management Committee

Mr. Youssef EL KHOMRI
Mr. Youssef EL KHOMRI
  • Director
  • President
  • Member of the Executive Committee
  • Chairman of the Risk Management Committee
  • Chairman of the Sustainability Development Committee
Dr. Arisna Rochanapruk
Dr. Arisna Rochanapruk
  • Senior Vice President of Sustainability Development, Corporate Communications & Risk Management Division
  • Secretary of the Sustainability Development Committee
  • Secretary of the Risk Management Committee
Ms. Apinya Ngamapichon
Ms. Apinya Ngamapichon
  • Chief Financial Officer
  • Executive Vice President of Financial & Accounting Division
  • Member of the Executive Committee
Mr. Navarat Tamsuwan
Mr. Navarat Tamsuwan
  • Executive Vice President of Project Development, Property Renovation & Operating Maintenance and Cost Center Division
Ms. Kanokwan Thongsiwarugs
Ms. Kanokwan Thongsiwarugs
  • Company Secretary
  • Assistant Executive Vice President of Internal Audit Division
  • Assistant Executive Vice President of Company Secretary & Corporate Governance Division
  • Secretary of the Board of Directors
  • Secretary of the Audit Committee
  • Secretary of the Nominating and Corporate Governance Committee
Ms. Sangjun Oranrittinun
Ms. Sangjun Oranrittinun
  • Assistant Executive Vice President of Corporate Human Resources Division
  • Secretary of the Management Development and Compensation Committee
Mr. Renan Vigoureux
Mr. Renan Vigoureux
  • Senior Vice President of Hotel Business Strategy Division
Mr. Naroot Chankitisakoon
Mr. Naroot Chankitisakoon
  • Senior Vice President of Digital Transformation Division
Mr. Sebastian Frederic Salmon
Mr. Sebastian Frederic Salmon
  • Senior Vice President of Franchised Hotel Operations Division
Ms. Ploi Aranyakanond
Ms. Ploi Aranyakanond
  • Vice President of Asset Management Division
  • Secretary of Management Committee
Mr. Powpan Werakul
Mr. Powpan Werakul
  • Vice President of Business Development Division
  • Secretary of the Executive Committee
Ms. Jetiya Kitiyodom
Ms. Jetiya Kitiyodom
  • Assistant Executive Vice President of Accounting Department
Ms. Tatiya Thaveekul
Ms. Tatiya Thaveekul
  • Senior Vice President of Legal Department
Ms. Pattarin Ketkaew
Ms. Pattarin Ketkaew
  • Senior Vice President of Cost Center Department
Ms. Angkana Sophonvit
Ms. Angkana Sophonvit
  • Vice President of Financial Management Department

Effective Date: 23 February 2026

Corporate Governance Structure

The Board of Directors consists of twelve members, all of whom were appointed by the Shareholders' Meeting. The Board has established four sub-committees to oversee management in all aspects and has outlined the qualifications for directors to ensure diversity in terms of gender, age, knowledge, and experience across various fields. The sub-committees are as follows:

  1. The Audit Committee (AC)
  2. The Executive Committee (ExCom)
  3. The Nominating and Corporate Governance Committee (NCG) and
  4. The Management Development and Compensation Committee (MDC)

There is also the establishment of sub-committees at management level to support and ensure comprehensive oversight of all operational aspects in line with Corporate Governance Principles, as follows:

  1. The Risk Management Committee (RMC)
  2. The Sustainability Development Committee (SDC)
Risk Management Policy
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The Risk Management Committee' s Roles and Responsibilities
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Report of the Risk Management Committee

The Company adopts the COSO Enterprise Risk Management - Integrating with Strategy and Performance framework as the foundation for its enterprise risk management (ERM). The framework is integrated into strategic planning, business decision-making, and operational processes at all levels to ensure that risks and opportunities are systematically identified, assessed, managed, and monitored in alignment with the Company’s strategic objectives and risk appetite, thereby supporting sustainable long-term value creation.

Roles and Responsibilities

The Committee comprises nine executives, chaired by Mr. Youssef EL KHOMRI, Director, President and Member of the Executive Committee. The Committee is responsible for overseeing and ensuring the effectiveness of the Company’s risk management system. Its scope covers strategic, operational, financial, legal and regulatory risks, as well as environmental, social, and governance (ESG) risks. The Committee monitors key risks and provides guidance to management to ensure that risk exposures remain within acceptable levels. During the year 2025, the Risk Management Committee convened a total of three meetings. Details of the committee members’ attendance are as follows.

2025 Committee Meeting

Name-Lastname Position Meeting Attendance/ Attendance Rights
1. Mr. Youssef EL KHOMRI Chairman 3/3
2. Ms. Apinya Ngamapichon Member 3/3
3. Ms. Kanokwan Thongsiwarugs Member 3/3
4. Mr. Sebastian Frederic Salmon Member 3/3
5. Ms. Pichanun Boonpromgul Member 3/3
6. Ms. Nalinee Krisadavivat Member 3/3
7. Mr. Kirill Mokronosov Member 3/3
8. Ms. Ploi Aranyakanond Member 3/3
9. Ms. Suvimon Rojkangsadan Secretary 3/3

The key duties and responsibilities performed by the Committee during the year can be summarized as follows:

1. Enhancement of Enterprise Risk Management in line with COSO ERM: The Committee reviewed and enhanced the ERM process to strengthen the linkage between risk management, corporate strategy, and performance management, ensuring that key risks are regularly assessed, prioritized, and addressed through appropriate mitigation measures.

2. Climate Risk Management: The Company emphasized the management of climate-related risks, including both physical risks, such as extreme weather events and flooding, and transition risks arising from regulatory changes, energy costs, and greenhouse gas reduction expectations. Measures were implemented to enhance operational resilience and support the Company’s long-term sustainability objectives.

3. Cybersecurity and Information Technology Risk: The Committee monitored risks related to cybersecurity threats, data breaches, and system continuity. The Company implemented preventive and detective controls, data backup systems, and incident response plans to safeguard information assets and maintain stakeholder confidence.

4. Pandemic Preparedness and Business Continuity: The Company reviewed and updated its Business Continuity Plan (BCP) and crisis management protocols to ensure readiness for pandemics and public health emergencies. Priority was given to the health and safety of employees, guests, and business partners, while maintaining continuity of hotel operations.

5. Personal Data Protection (PDPA) Readiness: The Company strengthened its compliance with the Personal Data Protection Act (PDPA) through the establishment of relevant policies, procedures, internal controls, and employee awareness programs, to mitigate legal, reputational, and operational risks associated with personal data management.

6. Natural Disaster Preparedness: The Company assessed and managed risks arising from natural disasters, including floods, earthquakes, storms, and other severe events. Emergency response plans, regular drills, and coordination with relevant authorities were implemented to minimize potential impacts on life, property, and business operations.

Opinion of the Committee

The Risk Management Committee is of the opinion that the Company has established an appropriate and effective risk management system in accordance with the COSO ERM framework. The integration of ESG considerations and emerging risks into the ERM process enhances the Company’s resilience and ability to respond to uncertainties, thereby supporting sustainable growth and long-term value creation for shareholders and all stakeholders.

For more details, please see: 56-1 One Report