Pursuant to the remuneration policy, the remuneration package for Executive Directors comprises of a number of separate elements such as basic salary, allowances (where applicable), performance-based bonuses and benefitin-kind. The level of remuneration of the Executive Directors takes into consideration the Directors’ experience, responsibilities, qualifications, level of skills, contribution and commitment to the Group and the performance of the Group. The remuneration package is also compared to the compensation levels for comparable positions among other similar Malaysian public listed companies that are in the construction industry and prevailing economic and market conditions. Executive Directors who are full time employees of the Group receive no additional compensation for services as a Director. In the case of Non-Executive Directors, the level of remuneration should reflect the experience and level of responsibilities undertaken by the particular Non-Executive Director concerned. Non-Executive Directors will be paid a fixed basic fee as ordinary remuneration, a sum based on their responsibilities in Board committees and allowances for their attendances at the meetings. The quantum of Non-Executive Directors’ remuneration shall not be based on commission, percentage of profits and/or turnover of the Group. The fee and allowance to the NonExecutive Directors are subject to the approval of the shareholders. No Board member, whether executive or non-executive, will be involved in deciding his own remuneration. The remuneration received or receivable by the Directors for FY2022 are as follows:- Name of Directors Fee∞ (RM) Meeting allowance∞ (RM) Salaries and other allowances^ (RM) Bonus^ (RM) EPF^ (RM) Benefitsin-kind^ (RM) Total (RM) Independent Director Datuk Woon See Chin 80,400 5,100 85,500 Dato’ Ir. Fong Tian Yong 74,400 5,100 79,500 Anita Chew Cheng Im 80,400 5,100 85,500 Johar Salim Bin Yahaya 80,400 5,100 85,500 Bhupendar Singh A/L Sewa Singh 74,400 5,100 79,500 Total 390,000 25,500 415,500 Executive Director Pang Tin @ Pang Yon Tin 652,680 105,280 137,949 15,500 911,409 Sim Tian Liang 651,120 106,520 143,960 14,285 915,885 Chin Lian Hing 651,120 106,520 143,960 14,285 915,885 Yam Tai Fong 619,680 101,280 136,988 9,900 867,848 Pang Khang Hau 829,934 107,760 91,964 23,950 1,053,608 Total 3,404,534 527,360 654,821 77,920 4,664,635 ^: received and receivable on group basis. None of the amount was received from the Company. ∞: received and receivable from the Company. CORPORATE GOVERNANCE OVERVIEW STATEMENT Annual Report 2022 44
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