CORPORATE GOVERNANCE REPORT 116 Annual Report 2025 1.4 Board Committees The Board has delegated certain responsibilities to the Audit Committee (the “AC”), the Remuneration Committee (the “RC”) and the Nominating Committee (the “NC”) (collectively, the “Board Committees”). The compositions of the Board Committees as at the date of this annual report are as follows: Board Committee AC NC RC Designation Chairperson • Mae Heng • Pong Chen Yih • Pong Chen Yih Members • Pong Chen Yih • John d’Abo • Dr Mathias Lidgren • Mae Heng • John d’Abo • Mae Heng Each Board Committee has clear written terms of reference, setting out their compositions, authorities and duties, including reporting back to the Board. 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 2025 (“FY2025”), 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 2025 are shown below: Board, Board Committee and General Meetings FY2025 Board AC NC RC AGM Number of Meetings Held 4 4 4 4 1 Name of Director Number of Meetings Attended John d’Abo 4 4 – 4 1 Pong Chen Yih 4 4 4 4 1 Mae Heng 4 4 4 4 1 Beverley Smith(1) 4 – – – 1 Dr Mathias Lidgren 4 – 4 – 1 (1) Notice of Resignation received on 17 February 2026 with effective date of 12 February 2026 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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