139 INTEGRATED ANNUAL REPORT 2026 REPORT ON AUDIT COMMITTEE The Board is pleased to present the Report on AC for FY2026 in accordance with Paragraph 15.15 of the Bursa Securities MMLR. TERMS OF REFERENCE The duties and responsibilities of the AC are set out in its TOR which is available on our corporate website at www.yinson.com. Scan to view our TOR. COMPOSITION AND MEETINGS The AC met five times in FY2026. The composition of the AC and attendance of each member at the AC meetings are as follows: Date of Appointment Date of Retirement No. of Meetings Attended Tan Sri Dato’ (Dr) Wee Hoe Soon @ Gooi Hoe Soon Chairman, Senior Independent Non-Executive Director 11 August 2016 8 August 2025 3/3 (100%) Raja Datuk Zaharaton Binti Raja Zainal Abidin Member, Independent Non-Executive Director 11 August 2016 8 August 2025 3/3 (100%) Datuk Abdullah Bin Karim Member, Senior Independent Non-Executive Director 16 October 2018 5/5 (100%) Dato’ Mohamad Nasir Bin Ab Latif Member, Independent Non-Executive Director 1 October 2020 25 July 2025 2/3 (66.7%) Mr Lim Poh Seong Chairman, Independent Non-Executive Director 13 December 2024 (Assumed chairmanship on 8 August 2025) 5/5 (100%) En Ainul Azhar bin Ainul Jamal Member, Independent Non-Executive Director 25 July 2025 2/2 (100%) Ms Low Lily Member, Independent Non-Executive Director 25 July 2025 2/2 (100%) During FY2026, three AC members retired after serving the maximum nine-year tenure as Independent Directors, in accordance with MCCG best practices. All members of the AC are financially literate and are well-versed in matters under their purview, including financial reporting processes. The new incumbent AC Chairman, Mr Lim Poh Seong, is a member of the MIA and ACCA. AC meeting notices, reports, and papers, wherever possible, are uploaded to the designated digital meeting platform and disseminated to AC members at least seven days prior to each meeting to ensure the AC receives adequate information and analyses to facilitate effective deliberation and informed decision-making. During meetings, the AC reviews matters pertaining to compliance, internal controls, financial reporting, business and corporate proposals, and internal and external audit functions within the Group. The AC Chairman subsequently reports to the Board on the key activities and significant matters deliberated at each meeting. Meetings are formally recorded by the Corporate Secretary. AC members must declare any interests related to matters discussed during meetings. Members with a conflict of interest will not participate in the deliberation or decision-making of the affected matters and will abstain from voting at the relevant AC, Board, or general meetings. GOVERNANCE | REPORT ON AUDIT COMMITTEE
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