CORPORATE GOVERNANCE OVERVIEW STATEMENT DIRECTOR’S TRAINING Directors continue to undergo regular training to refresh their skills and to update themselves with emerging trends and developments. Directors’ training is guided by the annual Board Effectiveness Evaluation (“BEE”) exercise, which identifies the training requirements of individual directors. Following is a list of training and professional courses attended by the Matrix’s Board of Directors in FY2023: NAME OF DIRECTOR TOPICS OF TRAINING ATTENDED Dato’ Haji Mohamad Haslah Bin Mohamad Amin • ESG Updates – Based on Bursa Malaysia Sustainability Guidelines Dato’ Seri Lee Tian Hock • ESG Updates – Based on Bursa Malaysia Sustainability Guidelines • CEO and Board succession Planning Management Ho Kong Soon • ESG Updates – Based on Bursa Malaysia Sustainability Guidelines • ESG Thematic Mini Conference Mazhairul Bin Jamaludin • Artificial Intelligence (Ai) for Company Directors and Executives • Virtual MIA International Accountants Conference 2022 • The Nominating and Remuneration Committees • ESG Updates – Based on Bursa Malaysia Sustainability Guidelines • The Role of Board in Strategy, ESG and Risk Management Usual Oversight Dato’ Hon Choon Kim • ESG Updates – Based on Bursa Malaysia Sustainability Guidelines • Sustaining Growth Through An Innovation Culture and The Value Driven Dato’ Hajah Kalsom Binti Khalid • ESG Updates – Based on Bursa Malaysia Sustainability Guidelines • Sustaining Growth Through An Innovation Culture and The Value Driven Dato’ Logendran A/L K Narayanasamy • ESG Updates – Based on Bursa Malaysia Sustainability Guidelines • CEO and Board Succession Planning Management Chua See Hua • ESG Updates – Based on Bursa Malaysia Sustainability Guidelines Loo See Mun • ESG Updates – Based on Bursa Malaysia Sustainability Guidelines BOARD ASSESSMENT During the financial year, the Chairman of the NC is facilitated by the Group Company Secretary to conduct a Board Evaluation Exercise (“BEE”) to independently assess the performance of every member of the Board. Directors were assessed based on effectiveness with key focus areas being Board Committees’ compositions, roles and responsibilities, time commitment and contribution during Board and Board Committees’ meetings. The following assessment were undertaken by the NC during the year under review:- • Directors’ evaluation (self and peer assessment); • Board and Board Committee evaluation; • Mix of skills and experience of Board Matrix; • Declaration of Independence; • Time commitment; • Reviewed the performance of the GEDC/GMD; and • Board’s adequacy in terms of its mix of skills, gender diversity and the core competencies. The BEE is a continuous, annual exercise. Areas requiring improvements were identified and action plans were recommended to the Board for approval for implementation. The evaluation process also involved evaluating the performance of Senior and Key Management including the GEDC and GMD based on individual KPIs set for senior management and the Company’s performance as a whole. The assessment undertaken by the Board are based on the criteria set for each assessment which are related to the performance of the Board, Committees and individual directors. To carry out the assessment, the Directors are provided with a questionnaire to complete and the results are then tabulated by the Secretary and presented to the NC for review and recommendation to the Board. The individual Directors each undertook selfassessment of their individual performance as well as overall assessment of the Board during the financial year based on the criteria as prescribed under the MMLR. INTEGRATED ANNUAL REPORT 2023 MATRIX CONCEPTS HOLDINGS BERHAD 111
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