05 / HOW WE ARE GOVERNED 01 02 03 04 06 07 08 09 109 CORPORATE GOVERNANCE OVERVIEW STATEMENT Non-Executive Directors’ Remuneration Framework The Company aims to set remuneration levels which are sufficient to attract and retain the Directors and Senior Management needed to operate the Company successfully, taking into consideration all relevant factors including the functions, workload and responsibilities involved, but without excessively overpaying to achieve its goal. Regarding the level of remuneration of the GMD and Senior Management personnel, it is deliberated by the GNC after giving due consideration to compensation levels of comparable positions of other similar companies in Malaysia. The GNC carries out the annual review of the overall remuneration policy for Directors, the GMD and Senior Management whereupon recommendations are submitted to the Board for approval. The GNC also reviews annually the performance of the GMD, Chief Executive Officers of the subsidiaries of the Company, as well as Senior Management and make appropriate recommendations to the Board for approval accordingly. The remuneration of the GMD and Senior Management are made up of two (2) components i.e., fixed basic salary and a variable component comprising the annual discretionary performance bonus and share awards under the ESS. The share awards will only be vested upon the GMD and Senior Management meeting the agreed Key Performance Indicators (“KPIs”). Details of such share awards are set out in Note 55 of the Financial Statements section of this Integrated Annual Report 2025. For the FYE 31 December 2025, the Directors and Shariah Committee Members are paid the annual fees and meeting allowances for each meeting of the Board, Board Committee or Shariah Committee that they have attended, as stated below. Fees FYE 31 December 2025 Chairman of the Board RM520,000.00 Director RM270,000.00 Chairman of AC(1) RM60,000.00 Chairman of GNC/ GBRC/ GBDITC RM40,000.00 Chairman of Shariah Committee RM78,000.00 Member of AC/ GNC/ GBRC/ GBDITC RM30,000.00 Member of Shariah Committee(2) RM54,000.00 RM48,000.00 Type of Meeting Allowance Chairman Member Per Meeting Board Meeting RM2,000.00 RM2,000.00 General Meeting of the Company RM2,000.00 RM2,000.00 AC/ GNC/ GBRC/ GBDITC/ ESS Committee Meeting RM2,000.00 RM2,000.00 Shariah Committee Meeting RM600.00 RM500.00 Notes (1) The Annual Fee for the Chairman of AC had been increased from RM40,000 to RM60,000 effective from FYE 31 December 2021 as approved by the Board of KIBB on 26 January 2022, upon the GNC’s recommendation. The same had also been approved by the Shareholders at the Forty-Eighth (48th) Annual General Meeting (“AGM”) of the Company held on 26 May 2022. (2) The Annual Fee for the FYE 31 December 2025 was based on the number of years served as a Shariah Committee member, as well as the scope of roles and responsibilities being undertaken.
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