BOARD COMPOSITION The composition of a Board is a key factor in shaping how the Board functions and the dynamics amongst its members. Our Board consists of individuals with a diverse set of skills, experiences, and expertise to better guide and navigate the Group, as well as to add value to Board processes and decisions. These Directors bring their expertise and experience along with varied insights into policy formulation and decision-making. An effective Board should consist of members with a suitable mix of skills, knowledge, experience, and perspectives that align with the Company’s purpose, objectives, and strategic goals. This fosters an environment that is conducive to constructive and robust dialogue enabling the Board to be cognisant of the demands of a broad range of stakeholders. Additionally, the Board’s size ensures that the purpose, involvement, participation, harmony, and sense of responsibility of the Directors are not jeopardised, allowing it to achieve the correct balance necessary to realise the Group’s strategic objectives. The time commitment of NEDs is considered by the Nomination and Remuneration Committee (NRC) during the appointment process and reviewed annually. The Board reviews regularly the declarations made by the Directors regarding the number and nature of their external directorships, as well as their assurances about time commitment in carrying out their duties and responsibilities to the Company. Before accepting an appointment as a director in other listed companies, Directors must first notify the Chairman to ensure that such an appointment does not unduly affect their time commitments and responsibilities to the Board. Directors are limited to holding no more than five directorships in listed issuers, in accordance with the Listing Requirements. The Board believes that its current composition and size enable it to effectively and competently fulfil its duties and responsibilities ensuring adequate diversity and inclusion in terms of balance, tenure, gender, age, and relevant experience. As at 31 December 2024, the diversity, skills, and experience of the Board are shown below: < 1 year 1-2 year > 2 year Independent Non-Executive Director Non-Independent Non-Executive Director Male Female 40-49 years 60-69 years 70 years and above 50-59 years BOARD LEADERSHIP AND EFFECTIVENESS BALANCE AND COMPOSITION GENDER DIVERSITY AGE DIVERSITY 43% 57% 43% 57% 1 4 1 1 TENURE 3 2 2 189 Sec 07 SUSTAINING VALUE THROUGH GOOD GOVERNANCE (CORPORATE GOVERNANCE OVERVIEW STATEMENT)
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