The Board is also supported by a comprehensive organisational framework that enables it to not just execute its duties, but to also ensure that the Group is able to operate effectively towards the realisation of set business goals and objectives. FORMAL SCHEDULE OF MATTERS RESERVED FOR THE BOARD There is a formal schedule of matters reserved for the Board. The Board at its discretion may choose to delegate certain roles and responsibilities to Senior Management or specially formed committees, or at its discretion, alter the matters reserved for its decision, subject to the limitations imposed by the Company’s Constitution and the laws. Following are the key matters reserved for the Board: • Review and adopt a strategic plan, as developed by the Management, taking into account the sustainability of the Company’s business, with attention given to the environmental, social and governance aspects of the business; • O versee the conduct of the Company’s business, including monitoring the performance of the Management to determine whether the business is being properly managed; GROUP COMPANY SECRETARY BOARD OF DIRECTORS' COMMITTEES: Audit Committee (supported by Internal Audit) Nomination Committee Remuneration Committee Risk Management Committee Sustainability Committee CORPORATE SERVICES BUSINESS UNITS HUMAN RESOURCES AND ADMIN FINANCE BOARD OF DIRECTORS GROUP EXECUTIVE DEPUTY CHAIRMAN (“GEDC”) GROUP MANAGING DIRECTOR (“GMD”) CORPORATE GOVERNANCE OVERVIEW STATEMENT OUR GOVERNANCE MATRIX CONCEPTS HOLDINGS BERHAD 108
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