01 | ABOUT NEXG 02 | OUR LEADERSHIP 03| OUR PERSPECTIVE 04 | SUSTAINABILITY 05 | GOVERNANCE 06 | FINANCIAL STATEMENTS 07 | OTHER INFORMATION Governance Corporate Governance OVERVIEW STATEMENT (Cont’d) During the financial year under review, there have been several changes to the Board composition as follows:- - Appointment of Datuk Chong Loong Men as Executive Director on 18 November 2025 and his resignation on 8 March 2026; - Appointment of Mr Kunal Tayal as Non-Independent Non-Executive Director on 18 November 2025 and his resignation on 10 March 2026; - Appointment of Mr Aswath a/l Ramakrishnan as Independent Non-Executive Director on 18 November 2025 and his resignation on 11 March 2026; - Resignation of Dato’ Ibrahim bin Abdullah as Independent Non-Executive Director on 20 November 2025; - Appointment of Dato’ Haji Ishak bin Ismail as Non-Independent Non-Executive Director on 13 March 2026; - Appointment of Encik Mohamad Najib bin Ishak as Non-Independent Non-Executive Director on 13 March 2026 and his resignation on 1 April 2026; - Appointment of Tuan Lt. Col. (R) Khairudin bin Dahlan, Tuan Lt. Col. (R) Roseli bin Abdul Gani, Encik Mohd Azmi bin Mat Nayan, Dato’ Ts. Dr. Haji Amirudin bin Abdul Wahab, Dato’ Dr. Anas bin Alam Faizli and Ms Michelle Yong Voon Sze as Independent Non-Executive Directors on 13 March 2026; - Appointment of Dato’ Sri Muthanna bin Abdullah as Independent Non-Executive Director on 13 March 2026 and his resignation on 1 April 2026; - Redesignation of Dato’ Haji Ishak bin Ismail from Non-Independent Non-Executive Director to Executive Chairman on 27 March 2026; and - Redesignation of Dato’ Haji Hanifah bin Noordin from Executive Chairman and Chief Executive Officer to Executive Deputy Chairman and Chief Executive Officer on 27 March 2026. The following Directors were appointed after the financial year ended 31 March 2026:- - Appointment of Encik Mohamad Tirmizi bin Ishak as Non-Independent Non-Executive Director on 2 April 2026; and - Appointment of Dato’ Ramli bin Din as Independent Non-Executive Director on 2 April 2026. As of the date of this statement, the Board consists of twelve (12) members, comprising of one (1) Executive Chairman, one (1) Executive Deputy Chairman and Chief Executive Officer, two (2) Executive Directors, seven (7) Independent NonExecutive Directors and one (1) Non-Independent Non-Executive Director, in compliance with Paragraph 15.02(1) of the MMLR of Bursa Malaysia. The Independent Directors make up 58.33% of the Board composition. Presently, the number of female representations on the Board is two (2), representing 16.67% of the total Board composition. In May 2026, the Board through its NRC conducts an annual review of its size and composition, to determine if the Board has the right size and sufficient diversity with independence elements that fit the Company’s objectives and strategic goals. The Board was of the view that the current Board size of twelve (12) members as at the date of the Annual Report is appropriate and adequate to effectively govern the Group. The NRC also conducted an annual review on the diversity in skills, experience, age, cultural background and gender of the Directors and Key Senior Management. The profile of each Director is set out under the Directors’ profile section of this Annual Report. The Company acknowledges and recognises the benefits arising from the boardroom and workforce diversity, including enhancing the Group’s performance, improving efficiency and employees’ retention. The Gender Diversity Policy is available on the Company’s website at www.nexg.com.my. Board Composition and Independent Directors on the Board (Cont'd) PRINCIPLE A - BOARD LEADERSHIP AND EFFECTIVENESS (CONT'D) II. BOARD COMPOSITION (CONT'D) 103
RkJQdWJsaXNoZXIy NDgzMzc=