EXCEL FORCE MSC BERHAD Annual Report 2020

EXCEL FORCE MSC BERHAD - ANNUAL REPORT 2020 25 PRINCIPLE A- BOARD LEADERSHIP AND EFFECTIVENESS (CONT’D) II. BOARD COMPOSITION (CONT’D) 4.0 Board decisions are made objectively in the best interests of the Company taking into account diverse perspective and insights. (Cont’d) 4.4 The appointment of any additional Director is made as and when it is deemed necessary by the existing Board upon recommendation from the Nomination Committee with due consideration given to the mix of expertise and experience required for an effective Board. The Nomination Committee reviews and assesses the Board composition yearly to ensure that it has balance mixed skills and business experience to contribute to the success of the Group. The assessment is merit based. 4.5 In accordance with the Company's Constitution, all Directors shall retire from office at least once every three (3) years but shall be eligible for re-election. At the forthcoming AGM, Mr Gan Teck Ban, Mr Wong Kok Chau and Dato’ Sri Ismail bin Ahmad are retiring pursuant to Clause 105 and 114 of the Company’s Constitution respectively. Mr Gan Teck Ban andMrWong Kok Chau are standing for re-election pursuant to Clause 105 of the Company’s Constitution while Dato’ Sri Ismail bin Ahmad is standing for re-election pursuant to Clause 114 of the Company’s Constitution. Their profiles are set out in the section on Board of Directors' Profile of this Annual Report. 4.6 The Board is supportive of the recommendation of MCCG and recognises the importance of boardroom diversity to the establishment of workforce gender diversity policy. The Board currently has two (2) female directors, which in line towards achieving the Country’s aspirational target of achieving 30% representation of women on board. 4.7 The Board used a variety of approaches and sources to ensure that it can identify themost suitable candidates. This may include sourcing from a directors' registry and open advertisement or the use of independent search firm. Currently, the appointment of candidates for non-executive director position were sourced from recommendation made by the existing Board member, management or major shareholders. 4.8 During the financial year ended 31 December 2020, four (4) Board meetings were held. The summary of attendance at the Board meetings held in the financial year ended 31 December 2020 is as follows: - Name of Directors Member Attendance Executive Directors Dato' Dr Norraesah binti Haji Mohamad 4/4 Wong Kok Chau 4/4 Gan Teck Ban 4/4 Eng Shao Hon 4/4 Independent Non-Executive Directors Datuk Mat Noor bin Nawi 4/4 Dato’ Sri Ismail bin Ahmad (Appointed on 1 July 2020) 1/2 Puan Mohaini binti Mohd Yusof 4/4 Lok Choon Hong (Retired on 24 June 2020) 2/2 CORPORATE GOVERNANCE OVERVIEW STATEMENT (CONT’D) / her alternate, Mr Wong Thean Soon