Annual Report 2024 1 1 4 CORPORATE GOVERNANCE REPORT 1.5 Board and Board Committee Meetings and Attendance The Board meets on a quarterly basis, and as and when circumstances require. In the financial year ended 31 December 2024 (“FY2024”), the number of Board and Board Committee meetings held and the attendance of each Board member at such meetings as well as at the Annual General Meeting (“AGM”) held on 25 April 2024 are shown below: Board, Board Committee and General Meetings FY2024 Board AC NC RC AGM Number of Meetings Held 4 4 4 4 1 Name of Director Number of Meetings Attended Dan Broström(1) 1 1 – 1 1 John d’Abo(2) 4 3 2 3 1 Dr Karl Lidgren(1) 1 – 1 – 1 Sin Boon Ann(1) 1 1 1 1 1 Dr Christopher Atkinson(1) 1 – – – 1 Mae Heng(3) 4 4 3 4 1 Dr Mathias Lidgren 4 – 4 – 1 Beverley Smith 4 – – – 1 Pong Chen Yih(4) 4 3 4 3(4) 1 Notes: (1) Mr Dan Broström, Dr Karl Lidgren, Mr Sin Boon Ann and Dr Christopher Atkinson stepped down as members of the Board with effect from 25 April 2024. (2) Mr John d’Abo was redesignated as Executive Chairman from Executive Vice Chairman and was appointed a member of the Audit and Remuneration Committees with effect from 25 April 2024. (3) Ms Mae Heng was appointed as a member of the Nominating Committee on 25 April 2024. (4) Mr Pong Chen Yih was redesignated as Lead Independent Non-Executive Director and appointed as the chairman of the Nominating and Remuneration Committees with effect from 25 April 2024. To ensure that meetings are held regularly with maximum Directors’ participation, the Company’s Constitution allows for meetings to be held through telephone and video conferencing software. The Company ensures that telephonic and screen sharing facilities are made available for directors to attend the board meetings. Regular meetings are held by the Board to deliberate the strategic policies of the Company including significant acquisitions and disposals, review and approve annual budgets, review the performance of the business and approve the public release of periodic financial results. The Board will also convene additional meetings for particular matters as and when they are deemed necessary. While the Board considers Directors’ attendance at Board meetings to be important, it is not the only criterion which the Board uses to measure Directors’ contributions. The Board also takes into account the contributions by Board members in other forms including periodical reviews, provision of guidance and advice on various matters relating to the Group.
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