GOVERNANCE Remuneration of Senior Management The aggregate remuneration paid to the Senior Management of the Group during the financial year ended 30 June 2025 analysed into bands of RM50,000 are as follows: Details of total remuneration received by the senior management are not disclosed in this report as the Board is of the view that the above remuneration disclosure by band satisfies the accountability and transparency aspects of the MCCG 2021. The Board ensures that the remuneration of the Senior Management commensurate with their individual performances and level of responsibility as well as the demands, complexities and performance of the Company, with due consideration to attract, retain and motivating the Senior Management. Range of Remuneration Number of Senior Management RM100,001 to RM150,000 - RM150,001 to RM200,000 1 RM200,001 to RM250,000 2 RM250,001 to RM300,000 - RM300,001 to RM350,000 2 RM350,001 to RM400,000 1 RM400,001 to RM450,000 - RM450,001 to RM500,000 - PRINCIPLE B: EFFECTIVE AUDIT AND RISK MANAGEMENT PART I – AUDIT COMMITTEE 8. Audit Committee The Audit Committee is relied upon by the Board to amongst others, provide advice in the areas of financial reporting, external audit, internal control environment and internal audit process, review of related party transactions as well as conflict of interest situation. The Audit Committee (“AC”) also undertakes to provide oversight on the risk management framework of the Group. Chairman of the Audit Committee Dato’ Bahudin Bin Mansor, who is an Independent & NonExecutive Director, is the Chairman of the Audit Committee. He is a member of Malaysia Institute of Accountants. The Chairman of AC is not the Chairman of the Board as compiled with the Practice 9.1 of the MCCG 2021 which stipulates that the Chairman of the AC is not the Chairman of the Board. Composition of the Audit Committee As at the date of this Statement, the present members of the AC are as follows: Member Encik Syed Jabed Islam (Independent & Non-Executive Director) Puan Norashikin Binti Mat Yusof (Independent & Non-Executive Director) Further details of the composition of the AC, terms of reference and summary of activities of the AC are set out in the AC Report in this Annual Report. Independence of the Audit Committee The Company recognised the need to uphold independence of its external auditors and that no possible conflict of interest whatsoever should arise. Currently, none of the members of the Board nor the AC of the Company were former key audit partners of the external auditors appointed by the Group. The Company will observe a cooling-off period of at least three (3) years in the event any potential candidate to be appointed as a member of the AC was a key audit partner of the external auditors of the Group. Assessment of Suitability and Independence of External Auditors The Company has established a transparent arrangement with the External Auditors to meet their professional requirements. From time to time, the External Auditors highlight to the AC and Board of Directors on matters that require the Board’s attention. DESTINI BERHAD ANNUAL REPORT 2025 69
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