MSM Malaysia Holdings Berhad Annual Report 2019

CORPORATE GOVERNANCE OVERVIEW STATEMENT Male 70-79 60-69 50-59 40-49 Gender Composition Skills & Experiences Age Tenure 0 1 2 3 4 5 0 1 2 3 4 5 0 1 2 3 4 5 0 1 2 3 4 5 0 1 2 3 4 Female INED 7-9 years NINED 4-6 years Public Policy & Regulatory Strategy & Risk Upstream Business Corporate Business/Admin Account/Finance Legal Below 3 years The most recent changes were the cessation of Dato’ Zainal Haji Ismail and Dato’ Rosni Haji Zahari as Independent Non-Executive Directors on 25 March 2020 upon conclusion of their nine years term in accordance with the Clause 6.4.5(v) of the MSM Board Charter and Clause 6.2.4 of the MSM Board Nomination and Election Policy and Procedures. With this change, the Board now stand with five members, out of those only two are Independent Non-Executive Directors and the other three are Non-Independent Non-Executive Directors. The Board is actively looking for additional independent directors to ensure that the Board’s composition complies with the requirement under the MCCG 2017. Board Diversity for FY 2019 The Board recognises the importance of diversity in its composition to ensure effectiveness and good corporate governance. The NRC and Board regularly review the composition of the Board to ensure proper discharge of its functions and obligations. All Directors are appointed via a robust process, based on merit and in line with the standards set out in Paragraph 2.20A of the MMLR. Below diagrams demonstrate the Board’s diversity for FY 2019: MSM Malaysia Holdings Berhad | Annual Report 2019 76