Kimlun Corporation Berhad Annual Report 2018

Access to Information and Independent Professional Advice All Directors, whether as a full Board or in their individual capacity have unrestricted access to all information of the Group on a timely basis in an appropriate form and quality necessary to enable them to discharge their duties and responsibilities. In exercising their duties, the Directors have unrestricted access to the advice and services of the Company Secretary and are also entitled to obtain independent professional opinions or advice from external consultants at the Company’s expenses, when the need arises. Any request for professional opinions or advice from external consultants shall be raised for the consideration and consent of the Chairman. Upon his consent of the request, the Chairman shall authorise a Director or a member of the Senior Management to source for the advice of a suitable professional advisers or external consultants, based on the requirements of the Board. Directors’ Remuneration On an annual basis, the RC considers market competitiveness, business results and individual performance in evaluating the Executive Directors’ remuneration. The RC will then recommend to the Board, the remuneration package for the Directors. The Board, as a whole, will determine the level of remuneration paid to its Directors, taking into consideration the recommendation of the RC. The level and make-up of remuneration should be effective and sufficient enough to:- • attract and retain the Directors needed to run the Group successfully; and • motivate and create incentives for Directors to perform at their best; The remuneration package for Executive Directors comprises of a number of separate elements such as basic salary, allowances, bonuses and benefit-in-kind. The level of remuneration of the Executive Directors takes into consideration the Directors’ contribution and commitment to the Company, the performance of the Group, the compensation levels for comparable positions among other similar Malaysian public listed companies and market condition. In the case of Non-Executive Directors, the level of remuneration should reflect the experience and level of responsibilities undertaken by the particular Non-Executive Director concerned. Non-Executive Directors will be paid a basic fee as ordinary remuneration, a sum based on their responsibilities in Board committees and allowances for their attendances at the meetings. The fee and allowance are subject to the approval of the shareholders. No Board member, whether executive or non-executive, will be involved in deciding his own remuneration. The remuneration received or receivable by the Directors for FY2018 are as follows: Salaries and Meeting other Benefits Fee∞ allowance∞ allowances^ Bonus^ EPF^ -in-kind^ Total Name of Directors (RM) (RM) (RM) (RM) (RM) (RM) (RM) Independent Director Dato’ Paduka (Dr.) Ir. Hj. 75,600 5,100 80,700 Keizrul Bin Abdullah Kek Chin Wu 75,600 5,100 80,700 Chua Kee Yat @ Koo Kee Yat 73,350 5,100 78,450 Total 224,550 15,300 239,850 Executive Director Pang Tin @ Pang Yon Tin 621,240 237,310 160,433 28,000 1,046,983 Sim Tian Liang 619,680 234,920 162,379 24,910 1,041,889 Chin Lian Hing 619,680 234,920 162,379 19,394 1,036,373 Yam Tai Fong 590,280 224,570 154,833 9,900 979,583 Pang Khang Hau 627,120 238,780 103,918 13,325 983,143 Total 3,078,000 1,170,500 743,942 95,529 5,087,971 ^ : received and receivable on group basis. None of the amount was received from the Company. ∞ : received and receivable from the Company. Kimlun Corporation Berhad 37 CORPORATE GOVERNANCE OVERVIEW STATEMENT (cont’d)