6 GOVERNANCE 233 Board Effectiveness Assessment The Board, through the NRC, conducts a yearly Board Effectiveness Assessment (“BEA”) of its performance and activities. As the Company is not a Large Company, the BEA for financial year 2025 was facilitated by the Company Secretary via an online portal. The BEA is divided into 5 sections which cover key topics and include forward looking elements as follows:- A Board evaluation: Structure, Operations & Interactions, and Roles & Responsibilities C Assessment of mix of skills and experience B Directors’ self and peer evaluation D Assessment on Board committees E Independent Director’s self-assessment 1. Board Structure 2. Operations & Interactions – Meetings – Papers – Communication 3. Roles & Responsibilities – General Responsibilities – Strategy Planning – Performance Management – Human Capital – Risk Management & Internal Control – ESG Contribution to interaction Quality of Input Understanding of Role Chairman’s Role Leadership/Stewardship Regulatory Experience & Network General Management Sector/Service Experience Entrepreneurship Others AC BGRC NRC BTC BIC Tan Sri (Dr.) Azmil Khalid Dato’ George Stewart LaBrooy Rowina Ghazali Seth Jenifer Thien Dato’ Dr. Omar Abd Hamid Simon Kua Choo Kai All responses/feedback are treated confidentially to ensure that Directors provide honest feedback. A summary of the key issues raised is collated and presented in a report to the NRC and the Board. Based on the results of the BEA, the Board Criteria Matrix was updated. The skills criteria in the matrix are constantly reviewed to ensure they cover the relevant knowledge/skills required for the businesses of the Company. The Board Criteria Matrix is an important tool in ensuring the diversity of the Board in terms of experience and expertise. With this matrix, the Board identify gaps in the Board composition and use these gaps as criteria for selection of new Board members. The results of the BEA for financial year 2025 did not identify any material weaknesses or shortcomings that warrant specific action plans. The results of BEA indicated that the performance of the Board, Committees and individual Directors had been effective in their overall discharge of functions, roles and duties. The level of independence demonstrated by the Independent Directors are satisfactory. The Board is satisfied that the Managing Director/Chief Executive Officer have the character, experience, integrity, competence and time to effectively discharge his roles. The Board is also satisfied that each Board member is able to devote sufficient time to the Company.
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