Chemical Company of Malaysia Berhad Annual Report 2019

| REPORT OF THE RISK | MANAGEMENT COMMITTEE The Board is pleased to issue the following report on the Risk Management Committee and its activities during the financial year ended 31 December 2019. Composition of Risk Management Committee and Meetings The Committee saw changes to its composition for the year under review following the resignations of the Committee members as well as new appointments to the Board. A review of the composition of the Committee was undertaken to ensure that it consists of members of diverse skills and experiences to address the risks relating to the Group. The current composition of the Committee stands at three (3) members, all of whom are Non-Executive Directors. A total of five (5) meetings were held during the financial year. The status of directorships and attendance record of each of the members during the financial year were as follows: Name of Directors and Status No. of Meetings Held Zainal Abidin bin Jamal Chairman, Non-Independent Non-Executive Director (Appointed as Member w.e.f. 20.9.2019 and subsquently re-designated as Chairman of the Committee w.e.f. 8.10.2019) 1/1 Datuk Anuar bin Ahmad Member, Independent Non-Executive Director (Appointed as Member w.e.f 14.6.2019) 2/2 Dr. Leong Yuen Yoong Member, Independent Non-Executive Director (Appointed as Member w.e.f. 18.9.2019) 1/1 Dato’ Seri Ir. Dr. Zaini bin Ujang* Member, Independent Non-Executive Director (Resigned as Member and Director w.e.f. 1.1.2020) 5/5 Dato‘ Azmi bin Mohd Ali* Chairman, Non-Independent Non-Executive Director (Resigned as Chairman of the Committee and Director w.e.f. 8.10.2019) 4/4 Dato’ Wan Mohd Fadzmi bin Che Wan Othman Fadzilah Member, Independent Non-Executive Director (Resigned as Member w.e.f. 18.9.2019) 4/4 Amizar binti Mizuar Member, Non-Independent Non-Executive Director (Resigned as Member w.e.f. 28.5.2019) 3/3 Note: * The Company has adopted a policy of limiting the tenure of its director, be it independent or non-independent director, to nine (9) years of service. The details on the Terms of Reference of the Risk Management Committee can be found on the Company’s website at www.ccmberhad.com. 96 CHEMICAL COMPANY OF MALAYSIA BERHAD