DESTINI Annual Report 2020

Management Discussion and Analysis Acknowledgments The Group would like to extend a warm welcome to several new members of the Board who joined us in 2020. With their vast experience in their respective fields, Destini hopes to enhance its Board diversity and enhance its competitive strengths. In October 2020, the Group saw the appointment of Dato’ Mohd Zahir Bin Zahur Hussain as an Independent and Non-Executive Director who replaced Encik Mohd Noor Bin Hussen who resigned from the board in April the same year to pursue other interests. Meanwhile, inMarch 2021, the Group saw several movements within the Board. Puan Norzilah Mohammed was re- designated as Destini’s Executive Director from her previous post as Group Deputy Chief Executive Officer. She also helms as Chief Executive Officer (“CEO”) of DOS. Encik Ismail Mustaffa on the other hand was appointed as the CEO of Destini Armada Pte Ltd where he will spearhead the Group’s entire marine related business from Singapore. In his new role, he has resigned from his role as Executive Director. The Group also saw the resignation of Encik Mohd Shihabuddin Mukhtar whose tasks was reassigned by the Ministry of Finance Malaysia to a secondment to The World Bank in Washington, USA. Following his resignation, Encik Syaiful Hafiz Moamat Mastam appointed as a Non-Executive and Non-Independent Director to replace Encik Mohd Shihabuddin. We would also like to give credit to our employees who remained loyal to the Group during its trying times. Together we remained steadfast in carrying our duties in ensuring that the Group remained in operation and accessible throughout the pandemic. We look forward to further developing the Group together. 41 ANNUAL REPORT 2020 DESTINI BERHAD