6 GOVERNANCE 235 The current benefits payable and accorded to the Directors are:- No. Description Directors’ benefits (a) Meeting allowance for ad-hoc or temporary Board Committees established for specific purposes (i) Chairman of committee – RM2,000 per meeting (ii) Member of committee – RM1,000 per meeting (b) Car allowance for Chairman of UEM Edgenta RM3,400 per month (c) Medical benefits for Board members Where a Director sits on several boards within the UEM Group of Companies, he will be entitled to claim medical benefits from one (1) company only. (i) Medical coverage of RM7,000.00 per annum, inclusive of outpatient, clinical, specialist and dental; and (ii) Hospitalisation of RM100,000.00 per annum including room and board at RM500.00 per day (d) Training and Development of Directors A training budget is allocated for Directors to attend relevant training programmes and seminars to enhance their knowledge and skills in discharging their duties. (e) Directors’ & Officers’ Liability Insurance Directors are covered by Directors’ and Officers’ Liability Insurance maintained throughout the financial year to indemnify Directors and Officers against any liability incurred by them in the discharge of their duties while holding office as Directors and Officers of the Company. (f) Subsistence allowance for business travel Peninsular & East Malaysia – RM150 per day Overseas – USD125 per day The Company will seek the shareholders’ approval at Annual General Meeting for the payment of Directors’ fees and benefits under items (a) and (b) stated in the table above. Remuneration for Senior Management UEM Edgenta has established a Senior Management Remuneration Framework governed through its NRC. The framework is benchmarked against market and industry standards to ensure remuneration remains competitive and aligned with the Company’s strategic direction. This is supported by the NRC’s responsibility to periodically review remuneration levels, ensuring they reflect role complexity, responsibilities, market competitiveness, and organisational performance. The framework is designed to ensure fair and appropriate remuneration for Senior Management, enabling UEM Edgenta to attract, retain, and motivate high calibre leaders who can drive operational excellence and long-term value creation. In line with its integrated governance and sustainability commitments, UEM Edgenta also embeds ESG linked metrics and performance targets into its corporate scorecard, which forms part of Senior Management performance evaluation and incentives.
RkJQdWJsaXNoZXIy NDgzMzc=