DESTINI Annual Report 2020

Directors’ Interests in Shares The interests and deemed interests in the shares of the Company and of its related corporations (other than wholly-owned subsidiaries) of those who were Directors at financial year end (including their spouses or children) according to the Register of Directors’ Shareholdings are as follows: Number of ordinary shares At 1.1.2020 Bought Sold At 31.12.2020 Interests in the Company Direct Interests Dato’ Rozabil @ Rozamujib Bin Abdul Rahman 83,126,500 22,000,000 - 105,126,500 Ismail Bin Mustaffa 640,000 1,000,000 - 1,640,000 Abdul Rahman Bin Mohamed Rejab 100,000 - - 100,000 Indirect Interests Dato’ Rozabil @ Rozamujib Bin Abdul Rahman ^ 230,886,445 17,515,800 (29,988,800) 218,413,445 ^ deemed interests under Section 8 of the Companies Act, 2016 by virtue of his shareholdings in BPH Capital Sdn. Bhd., Mazer Sdn. Bhd., R Capital Sdn. Bhd and Utarasama Marine Sdn Bhd. By virtue of his interests in the shares of the Company, Dato’ Rozabil @ Rozamujib Bin Abdul Rahman is also deemed interested in the shares of all the subsidiaries during the financial year to the extent that the Company has an interest under Section 8 of the Companies Act, 2016. None of the other Directors in office at the end of the financial year had any interest in shares in the Company or its related corporations during the financial year. Directors’ Benefits Since the end of the previous financial year, no Director of the Company has received or become entitled to receive a benefit (other than a benefit included in the aggregate amount of remuneration received or due and receivable by Directors as shown in Note 35(c) to the financial statements) by reason of a contract made by the Company or a related corporation with the Director or with a firm of which the Director is a member, or with a company in which the Director has a substantial financial interest. Neither during nor at the end of the financial year, was the Company a party to any arrangement whose object was to enable the Directors to acquire benefits by means of the acquisition of shares in, or debentures of, the Company or any other body corporate. Indemnity and Insurance Costs During the financial year, the total amount of indemnity coverage and insurance premium paid for the Directors and certain officers of the Company were RM5,000,000 and RM13,790 respectively. No indemnity was given to or insurance effected for auditors of the Company. Directors’ Report ANNUAL REPORT 2020 DESTINI BERHAD 80