MSM Malaysia Holdings Berhad Annual Report 2020

During the FYE 2020, the following changes had taken place: Board of Directors Director Changes Type Effective Date Dato’ Hajjah Rosni Haji Zahari Independent Non-Executive Director Cessation of office 25 March 2020 Dato’ Zainal Haji Ismail Independent Non-Executive Director Cessation of office 25 March 2020 Datuk Syed Hisham SyedWazir Independent Non-Executive Director Appointed 8 May 2020 Dato’ Muthanna Abdullah Independent Non-Executive Director Appointed 8 May 2020 Choy Khai Choon Independent Non-Executive Director Appointed 8 May 2020 Datuk Dr Abd Hapiz Abdullah Independent Non-Executive Director Appointed 8 May 2020 DatukWira Azhar Abdul Hamid Non-Independent Non-Executive Director Resigned 31 May 2020 Anuar Malek Non-Independent Non-Executive Director Deceased 11 July 2020 Dato’ Amir Hamdan Hj Yusof Non-Independent Non-Executive Director Appointed 12 January 2021 On 25 February 2020, the Board had accepted the resignation of Datuk Wira Azhar Abdul Hamid as the Chairman and Director of MSM Malaysia Holdings Berhad (“MSM”) effective on 31 May 2020. In May 2020, the Board has gone through a rigorous assessment process including interview sessions on the appointment of new Independent Directors. Datuk Syed Hisham Syed Wazir (“Datuk Syed”), Choy Khai Choon, Dato’ Muthanna Abdullah and Datuk Dr Abd Hapiz Abdullah (“Datuk Hapiz”) were appointed as Independent Non-Executive Directors of MSM effective from 8 May 2020. Subsequently, Datuk Syed was appointed as the Chairman of MSM with effect from 1 June 2020 to replace Datuk Wira Azhar Abdul Hamid. In December 2020, KPF nominated Dato’ Amir Hamdan Hj Yusof (“Dato’ Amir”) to be appointed as Non-Independent Non-Executive Director of MSM to replace the late Anuar Malek who passed away on 11 July 2020. The nomination was duly tabled to NRC for evaluation and assessment in accordance with the NRC TOR. Based on NRC’s recommendation, Dato’ Amir was appointed to MSM Board and also a member of NRC effective 12 January 2021. Each of the newly appointed Directors was furnished with a Director’s Kit which consist of, among others, the Board Charter and Board Committee TORs which give guidance on good corporate governance and outlines the roles and responsibilities of the Board and Board Committees as well as their authority limits. MSM MALAYSIA HOLDINGS BERHAD Annual Repor t 2020 101 SUSTAINABILITY REPORT EFFECTIVE LEADERSHIP CORPORATE GOVERNANCE FINANCIAL STATEMENTS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING