PRG Holdings Berhad Annual Report 2019

PRG HOLDINGS BERHAD 48 CORPORATE GOVERNANCE OVERVIEW STATEMENT cont’d PRINCIPLE A: BOARD LEADERSHIP AND EFFECTIVENESS (continued) III. Remuneration (continued) During the FY2019, the Remuneration Committee undertaken the following activities: (a) Reviewed and commented on the proposed key results areas and key performance indicators for the Executive Directors of the Company commensurate with the positions, roles and responsibilities assumed by each Executive Director in consideration of the diversify business activities and focus of the Group. (b) Reviewed the Service Contracts for the Executive Directors of the Company. (c) Reviewed and deliberated the remuneration packages of the Executive Directors of the Company, taking into consideration the Group’s performance and on-going corporate exercises. (d) Reviewed the Directors’ fees for the Non-Executive Directors of the Company. (e) Reviewed the Report of the Remuneration Committee for inclusion in the Annual Report 2019. (f) Discussed the proposed Long Term Incentive Plan [comprise the Employee Share Option Scheme (“ESOS”) and Share Grant Plan (“SGP”)] to eligible employees and/or Directors of the Company and its subsidiaries and assessed the relevant impact to the Group. (g) Reviewed and updated the Terms of Reference of the Committee to ensure its adequacy for current circumstances, the Company’s policies and/or compliance with applicable rules and regulations. (h) Reviewed the policy on Directors’ Remuneration to ensure a transparent, fair and reasonable process in place for determining appropriate remuneration for Directors. DIRECTORS’ REMUNERATION In line with Practice 7.1 of the MCCG, the detailed disclosure on named basis for the remuneration of individual Directors including the remuneration breakdown of salary, Directors’ fees, bonus, other emoluments and benefits in- kind. Details of the Directors’ remuneration for the FY2019 are set out below: Salary Directors’ Fees Bonus Other emoluments Benefits-in- kind Total (RM’000) (RM’000) (RM’000) (RM’000) (RM’000) (RM’000) Executive Directors Dato’ Lua Choon Hann 802 - - 306 7 1,115 Dato’ Wee Cheng Kwan 600 - - 248 2 850 Na Chun Wee 1 760 - - 261 - 1,021 Non-Executive Directors Dato’ Dr. Awang Adek bin Hussin - 80 - 6 - 86 Datuk Dr. Wong Lai Sum - 60 - 8 - 68 Lim Chee Hoong - 70 - 8 - 78 Notes: 1. Re-designated as the Group Chief Executive Officer on 1 May 2019 and resigned on 7 April 2020.