The criteria for the evaluation of the Board Committees related to, inter alia, whether all the Board Committees have the right number of members in its composition, whether each Board Committee properly discharges its duties and responsibilities, and whether all Board Committees provide useful information and recommendations that assist the Board to make better decisions, and consequently make Board meetings more efficient and effective.The criteria on the Individual Directors’ Self and Peer Performance Evaluation related to, such as, whether the Director shares his/her information or insights, applies analytical and conceptual skills to the decision-making process, provides realism and practical advices to Board’s deliberations, as well as assesses and links short-term issues to the long-term strategy of the Company. The criteria on the Audit Committee Assessment related to, among other things, whether the Audit Committee’s actions reflect independence from Management, ethical behaviour, and the best interests of shareholders, and whether there is appropriate consideration of the Company’s financial reporting risks and the related internal controls, which are reflected in the Audit Committee’s discussions and agenda items. In terms of the assessment of the Independent NonExecutive Director Self Evaluation, each Independent NonExecutive Director has conducted a self-evaluation of his/ her independence based on the criteria of independence as defined under Paragraph 1.01 of the MMLR of Bursa Securities. In addition, each Independent Non-Executive Director selfchecked his/her ability to advise the Board on matters relating to any existing transactions where conflict of interests exist and on matters requiring deliberation by Directors such as related party transactions. Each Independent Non-Executive Director also verified and declared his/her tenure of service as an Independent Non-Executive Director in the Company. In addition, the Board has included the following as part of the process of the evaluation of the Board: (a) Questionnaires for confirmation; (b) Collation of results and preparation of findings and actions; and (c) Deliberations in the Nomination and Remuneration Committee’s and the Board’s meetings. All assessments and evaluations carried out by the Nomination and Remuneration Committee were properly documented. The outcome and summary results of the Evaluation of the Board effectiveness as a whole, Evaluation of the Board Committees performance, Individual Directors’ Self and Peer Performance Evaluation, Audit Committee Assessment, and Independent Non-Executive Director Self Evaluation for FY2024 were tabled to the Nomination and Remuneration Committee for recommendation before reporting the same to the Board for notation. The Board viewed that its current composition is sufficient to meet the needs, objectives and aspirations of the Company. From the evaluation, the Board recognised the importance to promote gender diversity. The Company is committed to actively working towards having more female Directors or at least 30% of the Board composition in line with the requirement of MCCG, on the Board. The remuneration paid to the top five (5) key Senior Management personnel for FY2024 are as follows:- Remuneration Range (RM) Name of Key Senior Management 1,400,000-1,450,000 Khoo Thian Shyang 1,200,000-1,250,000 Lim Lai Seng Notes: The remuneration of the other top three (3) key Senior Management personnel namely, Tan Sri Dato’ Tan Chee Sing, Mr Dion Tan Yong Chien and Mr Jared Ang Tzer Shen, who are/were Executive Directors and Non-Executive Non-Independent Directors of the Company in FY2024, have been disclosed under the Directors’ Remuneration section. 201 GOVERNANCE
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