Al-`Aqar Healthcare REIT Annual Report 2024

CORPORATE GOVERNANCE 100 Al-`Aqar Healthcare REIT | Annual Report 2024 BOARD INVESTMENT COMMITTEE REPORT The Board Investment Committee (“BIC” or the “Committee”) plays a pivotal role in evaluating all investment opportunities and to make recommendations to the Board with regard thereto. The responsibilities include reviewing, assessing and deciding on the escalation of proposals relating to asset investment (acquisition and disposal), asset management and fund-raising exercises to be undertaken by the REIT to the Board and Trustee for approval. COMPOSITION In line with the recommendation of Chapter 6 of the Guidelines on Real Estate Investment Trusts of Securities Commission Malaysia, the composition of the BIC is as follows: Secretaries 1. Nuraliza Abd binti Rahman 2. Rohaya binti Jaafar The BIC members are appointed by the Board and consist of not less than 3 members, all of whom shall be Non-Executive Directors with a majority of them being Independent Directors. The Board elects who is not the Chairman of the Board. The composition of the BIC shall adhere to the recommendation as per the Chapter 6 of the Guideline on Real Estate Investment Trusts. The Board, via the Board Nomination and Remuneration Committee (“BNRC”), annually reviews the terms of office and performance of the BIC and its members through an effectiveness evaluation exercise. The BNRC assessed the BIC’s performance for the financial year ended 31 December 2024 and was satisfied that the BIC and its members have discharged their functions, duties, and responsibilities in accordance with the BIC’s Terms of Reference. MEETINGS AND ATTENDANCE Number of Meetings Held and Details of Attendance The BIC meets at quarterly intervals or such other intervals as the Committee shall decide. The BIC held four (4) regular meetings during the financial year ended 31 December 2024 which were attended by all members. During the financial year, the details of attendance are as follows: Date of Meetings BIC members 18 Feb 2024 16 May 2024 21 Aug 2024 18 Nov 2024 Shamsul Anuar bin Abdul Majid √ √ √ √ Ng Yan Chuan (resigned w.e.f 31 December 2024) √ √ √ √ Abdullah bin Abu Samah √ √ √ √ Datuk Hashim bin Wahir (resigned w.e.f 28 February 2025) √ √ √ √ Members 2. Abdullah bin Abu Samah Independent Non-Executive Director 5. Lailatul Azma Binti Abdullah Independent Non-Executive Director (Appointed w.e.f. 28 February 2025) 1. Shamsul Anuar bin Abdul Majid Chairman/Non-Independent Non-Executive Director 4. Datuk Hashim bin Wahir Independent Non-Executive Director (Resigned w.e.f. 31 December 2024) 7. Goh Tian Sui Independent Non-Executive Director (Appointed w.e.f. 28 February 2025) 3. Ng Yan Chuan Non-Independent Non-Executive Director (Resigned w.e.f. 31 December 2024) 6. Datin Ungku Suseelawati Binti Ungku Omar Independent Non-Executive Director (Appointed w.e.f. 28 February 2025)

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