EXCEL FORCE MSC BERHAD Annual Report 2019

EXCEL FORCE MSC BERHAD - ANNUAL REPORT 2019 26 PRINCIPLE A - BOARD LEADERSHIP AND EFFECTIVENESS (CONT’D) Board Composition (cont’d) 5.0 Stakeholders are able to form an opinion on the overall effectiveness of the Board and individual directors. The Company conducts an annual assessment to evaluate the effectiveness of the Board and the Board committee as well as the performance of each individual director through the Nomination Committee (“NC”). The NC will evaluate the overall performance rating and implement improvement plan on less performance area. The NC of the Company comprises exclusively Independent Non-Executive Directors and its composition is as follows: - Name of Directors Position Mr Lok Choon Hong Chairman Datuk Mat Noor Bin Nawi (appointed on 27 September 2019) Member Pn Mohaini Binti Mohd Yusof (appointed on 18 June 2019) Member The NC meets at least once a year to carry out the activities as enshrined in its terms of reference, or more frequently as the need arises, at the discretion of the Chairman of the NC. The term of reference of NC is available on the Company’s website at www.excelforce.com.my . The NC has access to any form of independent professional advice, information and the advice and services of the Company Secretaries, as and when required, in carrying out its functions. The NC will evaluate the effectiveness of the Board as a whole, including Board Committees and the contribution of each Director annually and properly documented. The performance evaluation process established shall include clear evaluation criteria and communicated to each individual Director. All report shall be gathered and assessed by the NC for the Board's review and approval. The evaluation will be done at least once a year to gauge the effectiveness of the Board's performance, the adequacy of the blend of skill sets and experience of the Board. During the financial year, NC has reviewed the present composition of the Board and was of the view that the Board composition was made up of a balance mixture of skills and professionalism, no additional board member is required for the time being. All Directors have completed the Director’s Self-Assessment Form and the Performance Evaluation Sheet (PES) for the assessment of the Board and Board Committees. NC noted that the position of Managing Director (“MD”) and Chief Executive Officer (“CEO”) remained vacant since the retirement of founder, Mr Jeff Wang. In summary, the NC noted that performance of the Board of Directors, Board Committees and individual Directors was adequate. Criteria for assessments:- (a) The policy on board composition having regard to the mix of skills, independence and diversity (including gender diversity) required to meet the needs of the listed issuer; (b) the board nomination and election process of directors and criteria used by the nominating committee in the selection process; and (c) the assessment undertaken by the nominating committee in respect of its board, committees and individual directors together with the criteria used for such assessment. Corporate governance overview statement (CONT’D)