MCOT Public Company Limited

-3-No.31Shareholders who have personal interest in a matter which relates to the Company’s affairs shall beprohibited to vote on that matter, unless the agenda relating the vote for electing Directors.No.32The meeting of shareholders may pass a resolution to remove any Director prior to the expiration of histerm of office with votes not less than three-fourths of number of shareholder attending the meeting andhaving the right to vote and the total number of shares being of not less than one half of number ofshares held by shareholders attending the meeting and having the right to vote.No.34In case the determination of the directors’ remuneration is beyond the limits specified in the Company’sArticles of Association, the resolution of the Shareholders’ Meeting shall be adopted by a majority voteof no less than two-thirds of the total number of the shareholders attending the Meeting and having therights to vote.No. 37The rules and means for the Director selection for the Meeting of Shareholders are as follows:(1) One share is equivalent to one vote.(2) Each shareholder is able to cast all the votes pursuant to (1) for one or more nominatedDirectors without preference.(3) The nominated Directors who rank first and other respectively pursuant to the votes theyreceived will be selected directors as the total number of directors specified. In case equal votes exceednumber of directors, the Chairman of the Meeting is required to cast the vote.No. 45The Shareholders’ Meeting may resolve to remove any director prior to the expiration of his/her term ofoffice as specified in Article 12 of the Articles of Association of the Company.No. 53Unless otherwise approved by the Shareholders’ Meeting or the Company’s directors, directorsauthorized to sign their names on behalf of the Company are the President signing his/her namestogether with the Company’s seal affixed or any two other authorized directors jointly signing theirnames together with the Company’s seal affixed..