KUB Malaysia Berhad Annual Report 2021

Corporate Governance Overview Statement The Terms of Reference of the BNRC The roles and responsibilities of BNRC are incorporated in its Terms of References, which are available on the Company’s website. Remuneration Policies The BNRC reviews the Compensation Policy (‘Policy’), aligns the Policy to corporate performance and ensures that compensation offered is competitive. The Policy provides the employees with the standards and processes for the development, implementation, management and governance of compensation practices. The Board ensures that KUB Group’s remuneration remains competitive to attract and retain employees with the necessary skills and experience. The remuneration of Non-Executive Directors should be adequate to attract, retain and motivate individuals with the necessary attributes. Various factors such as the Group’s requirement and the candidates’ expertise and experience are taken into consideration in determining their remuneration packages. Remuneration of Directors The remuneration of the Directors for the financial period under review is as follows: Executive Director Remuneration Company Salary (RM) EPF (RM) Allowance (RM) Benefits in Kind (RM) Total (RM) Ahmed Fairuz bin Abdul Aziz^ 540,000 076,200 031,500 016,842 1,664,542 Non-Executive Directors Remuneration Company/Group Fees (RM) Allowance (RM) Ex-gratia (RM) Benefits in Kind (RM) Total (RM) Datuk Seri Johari bin Abdul Ghani 120,000 014,000 000000- 007,961 1,141,961 Dato’ Ahmad Ibnihajar 090,000 010,500 000000- 024,420 1,124,920 Mohammad Farish Nizar bin Othman 090,000 026,500 000000- 002,867 1,119,367 Datuk Haji Mohd Haniff bin Haji Koslan 090,000 017,500 000000- 030,253 1,137,753 Datuk Norliza binti Abdul Rahim 090,000 018,500 000000- 006,711 1, 115,211 Megat Joha bin Megat Abdul Rahman 090,000 019,500** 000000- 006,144 1,115,644 Kasinathan a/l Tulasi^ 045,000 008,500 000000- 006,694 1,160,194 Tee Beng Thong^ 045,000 007,500 000000- 009,164 1,161,664 Dato’ Ab Rahim bin Abu Bakar* 045,000 008,500 100,000 017,723 1,171,223 Tengku Zahaimi bin Tuan Hashim* 045,000 005,500 000000- 004,531 1,155,031 TOTAL 750,000 136,500 100,000 116,468 1,102,968 Note: ^ Appointed w.e.f. 1 October 2020 * Retired w.e.f. 24 September 2020 ** Include allowance for a subsidiary of RM1,000 32 KUB MALAYSIA BERHAD