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) On 27 March 2026, Dato’ Haji Ishak bin Ismail was redesignated from Non-Independent Non-Executive Director to Executive Chairman in place of Datuk Haji Hanifah bin Noordin who had been redesignated from Executive Chairman and Chief Executive Officer to Executive Deputy Chairman and Chief Executive Officer. Board Leadership (Cont'd) PRINCIPLE A - BOARD LEADERSHIP AND EFFECTIVENESS (CONT'D) I. BOARD RESPONSIBILITIES (CONT'D) The Board is supported by two (2) Company Secretaries who are qualified to act as company secretaries under the Companies Act, 2016. The Company Secretaries plays an advisory role to the Board on corporate governance matters and compliance with the relevant laws, rules and regulations. The Company Secretaries will ensure all meeting materials are distributed and accessible by the Directors within a reasonable period prior to the meetings. To assist the Board to discharge its functions, the Board delegates certain authorities to the Board Committees. The Board has delegated specific responsibilities to the following Board Committees:- The Company’s Board Charter provides guidance and clarity on the roles and responsibilities of the Board and the Board Committees, the requirements for Directors in carrying out their roles and in discharging their supervisory and stewardship duties towards the Company as well as the Board’s operating practices. The Board Charter is periodically reviewed and updated in accordance with the needs of the Company and any new regulations that may have an impact on the discharge of the Board’s responsibilities. The Board Charter is available for reference on the Company’s website at www.nexg.com.my. The Board members have direct and unrestricted access, to all relevant Company’s information to assist them in the discharge of their duties and responsibilities and to enable them to make informed decisions. The Board also has direct communication channels with the External Auditors, independent professional advisors and Board Committees. The Board and Board Committees’ meetings are conducted in a hybrid manner to allow the Board members to join the meetings in-person or via a virtual meeting platform. The meeting materials are distributed in hardcopy and electronically within a reasonable period prior to the meetings to allow preparation and meaningful discussion by the Board and Board Committees members during the meetings. All proceedings of meetings including issues raised, deliberations and decisions of the Board and Board Committees are properly minuted and filed in the statutory records of the Company by the Company Secretaries. Company Secretaries Board Committees and Management Board Charter Access to Information The ARMC serves to implement and support the oversight function of the Board on audit and risk matters. It provides a framework to the review of the Company’s and Group’s financial reporting processes for producing financial data, its internal controls, its corporate code of conduct, the independence of the Company’s External Auditors, the review of related party transactions and conflicts of interest, the management of enterprise risk, overseeing risk management, monitoring of risks exposure and maintain an open line of communication and consultation between the Board, Internal Auditors, External Auditors and the Management. The ARMC Report which provides insights into the manner in which the ARMC discharged its functions, roles and responsibilities for the Company during the financial year is contained in this Annual Report. a) ARMC 99
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