PRINCIPLE A: BOARD LEADERSHIP & EFFECTIVENESS (CONT'D) Gender Diversity and Inclusion (Cont'd) Importance of Female Representation: • Diversity in Decision-Making: Gender-diverse boards bring varied perspectives and experiences, leading to more robust decision-making and innovation. • Ethical and Social Responsibility: Companies with diverse boards demonstrate commitment to inclusivity, reflecting societal values and expectations. • Talent Utilisation: Increased female participation ensures better use of the talent pool The commitment to diversity is embedded in our Sustainability Policy that sets out the Manager's values. With respect to gender, the Manager’s Board composition comprises of one female Director, Ms Lailatul Azma Abdullah who was appointed as Independent Non-Executive Director on 16 December 2022. In this respect, the Board targets 30% women directors’ participation at the Board and senior management level. The BNRC is actively and progressively identifying female candidates to fill in the position. It is expected that the 30% target will be met by 2027. As such, with respect to Practice 5.9 of the MCCG, the Manager’s Departs from the Practice. The board will continue to scout for women directors to sit on board in the coming years, taking into account diverse perspectives and insights based on the candidate’s integrity, independence, diversity in terms of age, gender, cultural background and experience, leadership, and ability to exercise sound judgment. As at 31 December 2024, the Board composition and diversity is depicted below: Corporate Governance Overview Statement Race/Ethnicity Composition (% and Total) Nationality Gender Non-Independent Non-Executive Director Independent NonExecutive Director 4 4 1 7 13% 87% 100% Malaysian Other Malay Chinese Indian Others Male Female 1 ABOUT US 109 3 SUSTAINABILITY STATEMENT 4 CORPORATE GOVERNANCE 5 OTHER INFORMATION 6 FINANCIAL STATEMENTS 2 BUSINESS OVERVIEW
RkJQdWJsaXNoZXIy NDgzMzc=