MKH Annual Report 2017

PRINCIPLE 2: STRENGTHEN COMPOSITION (continued) Nomination Committee (continued) (c) Annual Assessment (continued) The Nomination Committee also evaluates the independence of the Independent Non-Executive Directors based on the criteria of “Independence” as prescribed in the Listing Requirements and the Corporate Governance Guide issued by Bursa Malaysia. During the deliberation of the performance of an individual Director who is also a member of the Nomination Committee, that member will abstains from the deliberation of their own performance to avoid any conflict of interests. The Nomination Committee, pursuant to the annual review that was carried out, was satisfied that the size of the Board is optimum, well-balanced with the appropriate mix of skills and experience in the composition of the Board and its Committees. All assessments and valuation carried out by the Nomination Committee in discharging its duties were also properly documented. The summary activities undertaken by the Nomination Committee in the discharge of its duty for the financial year under review on 28 December 2017 are as follows: (a) reviewed the Directors who were due for re-election by rotation and/or re-appointment; (b) reviewed the Board’s required mix of skills, current size and composition, experience and other qualities including the core competencies which Independent Non-Executive Directors should bring to the Board; (c) evaluated the independence of the Independent Non-Executive Directors based on the criteria of “Independence” as prescribed in the Listing Requirements and the Corporate Governance Guide issued by Bursa Malaysia; (d) assessed and evaluated the effectiveness of the Board based on specific criteria such as Board composition and structure, principal responsibilities of the Board, the Board process and Board governance; (e) assessed and evaluated the individual Directors’ performance and the effectiveness of the Board as a whole together with the Audit Committees’ performance; (f) identified suitable training programmes for the Directors and Audit Committee; and (g) deliberated on the findings of the assessments and reported the findings to the Board. The terms of reference of the Nomination Committee are available for reference at www.mkhberhad.com . Remuneration Committee The Remuneration Committee was established on 27 November 2012 and comprises of two (2) members, all of whom are Independent Non-Executive Directors. The members of the Remuneration Committee and their attendance at the Remuneration Committee meetings held during the year under review are as follows:- Committee Members Designation Attendance Haji Mohamed Bin Ismail Chairman 1/1 En. Jeffrey Bin Bosra Member 1/1 48 MKH Berhad • Annual Report 2017 Statement on Corporate Governance