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Silicon Craft Technology Public : Notification of the Employee Joint Investment Program (EJIP) Group no.3

Well. SICT 013/2022

Aug 10, 2022

Subject: Notification of the Employee Joint Investment Program (EJIP) Group no.3

To:

The President

The Stock Exchange of Thailand

Refer to the resolutions of the Board of Directors’ Meeting No. 4/2022 of Silicon Craft Technology Public Company Limited (“the Company” or SICT) dated Aug 10, 2022 on the approval of the Employee Joint Investment Program (EJIP) Group no.3 and its program period in accordance with the Notification of the Office of Securities and Exchange Commission (SEC) SorJor 38/2561 dated July 16, 2018 concerning the preparation and disclosure of report on holding securities by directors, managers, and auditors. EJIP is an investment program on accumulative buying of the Company’s shares on a periodic basis, serving as another means of compensating employees of the Company and its subsidiaries. The details of EJIP are as follows:

  1. The Company eligible under EJIP
  • Silicon Craft Technology Public Company Limited
  1. The period of EJIP
  • Starting from September 1, 2022 until September 6, 2025
  1. Eligible employees under EJIP
  • Employees in with high responsibilities, dedicated, determined and being in key positions with having good performances in the year of 2021
  1. EJIP arrangement
  • The proportion between the Company’s contributions and the employees’ investments is 99% to 1% of the said project investment. It will be done through Phillip Securities (Thailand) Public Company Limited to provide investment management for the company by investing in SICT shares within the date designated by the company every month. The company will deduct the investment through the employee’s payroll from September 2022 to August 2025.

5. Conditions for holding the securities

  • Program participants have the right to sell shares directly in the stock market when the project has passed to the first and the second year of this program by being able to sell all the shares held in the account. The company will cease payment to employees in the event that the employee has ceased being an employee while the program has not yet expired.

Please be informed accordingly.

Yours faithfully,

(Dr. Bodin Kasemset)

Chief Executive Officer

Silicon Craft Technology Public Company Limited

Disclaimer

Silicon Craft Technology pcl published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, is 10 August 2022 13:20:14 UTC.

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All news about SILICON CRAFT TECHNOLOGY PUBLIC COMPANY LIMITED

Sales 2021 422 M
11.9 M
11.9 M
Net income 2021 64.0 M
1.81M
1.81M
Net cash 2021 107 M
3.02 M
3.02 M
P/E ratio 2021 39.7x
Yield 2021 0.68%
Capitalization 2,660 m
75.2 M
75.2 M
EV / Sales 2020 4.50x
EV / Sales 2021 5.77x
No. of Employees
Free-Float 34.7%

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