In the discharge of their duties and responsibilities, the Directors have direct access to Management and unrestricted access to any information relating to the Company and the Group. Where necessary, Management presentations and briefings are held before or during Board meetings to provide clarity to the Board members before they deliberate on matters tabled for approval. Distribution of Board papers and other relevant information is done electronically as it enhances efficiency and enables the Directors to access the information at their convenience. This also reaffirms the Board’s and Company’s commitment to sustainable practices. The Board is also supported by qualified and competent Company Secretaries who provide sound advice on governance, ensure adherence to rules and procedures, and advocate the adoption of CG best practices. Encik Ausmal Kardin, the Vice President, Legal, Corporate Secretarial and Compliance, is the Company Secretary of MISC Berhad. Puan Noridah Khamis, the General Manager, Legal, Offshore Business, is the Joint Company Secretary of MISC Berhad. The deliberations at all meetings of the Board and Board Committees are properly recorded and communicated to Management for necessary action. Minutes of Board and Board Committee meetings, which include records of decisions made thereat, are properly maintained by the Company Secretary. Directors’ Training and Development All Board members of the Company are encouraged to attend continuous education programmes to ensure they keep abreast with new developments in the business and economic environment, to enhance their skills, as well as ensuring that they possess the necessary knowledge to enable them to discharge their duties and responsibilities more effectively. All Board members of the Company have attended the Mandatory Accreditation Programme (MAP) as required by the MMLR. In compliance with Paragraphs 15.08(2) and (3) of the MMLR, the training programmes attended by the Board members in 2022 are as follows: Name of Directors Training Attended Presenter/Organiser Date Datuk Abu Huraira Abu Yazid 1. MISC Berhad’s Integrated Annual Report 2021 (IAR2021) Plan MISC Berhad 28 January 2022 2. Finance Lease Accounting Treatment for MERO 3 Project EY/MISC Berhad 30 March 2022 3. Positioning Corporate Malaysia for a Sustainable Future PWC Malaysia in collaboration with Capital Markets Malaysia 6 April 2022 4. Roundtable: Exploring a Low Emissions Pathway for Malaysia Climate Governance Malaysia 21-22 April 2022 5. Gas and LNG Carrier Markets Outlook Wood Mackenzie/ MISC Berhad 7 June 2022 6. Offshore Floating Production Market Rystad Energy/ MISC Berhad 9 June 2022 7. Ship Trends and Technology Developments Lloyd’s Register/ MISC Berhad 10 June 2022 8. Russia Sanctions and Potential Implications to MISC Steptoe & Johnson HK LLP/ MISC Berhad 13 June 2022 Name of Directors Training Attended Presenter/Organiser Date Datuk Abu Huraira Abu Yazid (Cont'd.) 9. Offshore Wind & Renewables Market Development IHS Markit/ MISC Berhad 13 June 2022 10. Oil and Tanker Market Outlook Kpler/MISC Berhad 14 June 2022 11. Hydrogen Future DNV 14 June 2022 12. Geopolitical Risks Facing the Marine Environment Wills Towers Watson/ MISC Berhad 22 June 2022 13. The Future of Seafarers in the Decade of Transformation DNV/MISC Berhad 23 June 2022 14. Global Energy Markets Outlook and Trends PETRONAS/ MISC Berhad 28 June 2022 15. Malaysia Energy Roundtable: Shaping the Future of Energy, Materials and Infrastructure PETRONAS in collaboration with World Economic Forum 12 July 2022 16. CEO Action Network - Round Table series: How to Decarbonise Industries in Malaysia Climate Governance Malaysia 13 July 2022 17. A 60-minute Crisis Management – A Guide for Board Members ICDM 27 July 2022 18. A 60-minute Guide for Boards: Building a Formidable Tax Corporate Governance Framework ICDM 4 August 2022 19. Conversations with Chairmen CGM Event Climate Governance Malaysia 11 August 2022 20. Characteristics of ESG & Sustainability Leadership ICDM 11 August 2022 21. KLBC Pre-Budget 2023 Dialogue with YB Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Finance, Malaysia ‘Strengthening Recovery, Facilitating Reforms Towards Sustainable Socio-Economic Resilience of Keluarga Malaysia’ Kuala Lumpur Business Club 26 August 2022 22. International Directors Summit ICDM 26-28 September 2022 23. World Social Security Forum CDG Prévoyance/ International Social Security Association 24-28 October 2022 24 PNB Knowledge Forum (III) 2022 – Decarbonised Economy – Accelerating the New Zero Transition PNB 9 November 2022 25. PWC’s Online Academy Digital Behaviours and Mindset PWC 7 December 2022 26. MISC Group Directors’ Training FY2022 • Data Privacy Regulations Impacts to MISC • The Great Divide – The State of Cyber Risk Management in the Maritime Industry • Taskforce for Nature-related Financial Disclosure (TNFD) • Achieving Net Zero Through Internal Carbon Pricing (MISC Group Directors’ Training FY2022) MISC Berhad 12 December 2022 CORPORATE GOVERNANCE OVERVIEW STATEMENT 181 180 Governance Governance MISC Berhad Integrated Annual Report 2022
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