Tropicana Corporation Berhad Annual Report 2019

(ii) Remuneration Committee As at the date of this Statement, the Remuneration Committee consists of three (3) members, all of which are Independent Non-Executive Directors. The composition of the Remuneration Committee is as follows:- Name Position Designation Datuk Michael Tang Vee Mun Chairman Independent Non-Executive Director Datuk Wira Lye Ek Seang Member Independent Non-Executive Director Encik Mohd Najib Bin Abdul Aziz (Appointed w.e.f. 10.06.2020) Member Independent Non-Executive Director Dato’ Dickson Tan Yong Loong (Resigned w.e.f. 10.06.2020) Member Deputy Group CEO The Remuneration Committee assists the Board in its responsibilities of assessing the remuneration packages of the Directors of the Company as well as the Key Personnel of the Group. The compensation and benefits shall be aligned with the business strategy and long-term objectives of the Group, and shall reflect the calibre, competency, experience, skills, expertise, responsibilities and commitment of the Key Personnel as well as the complexity of the Group’s activities. Thus, the components of the compensation and benefits of the Key Personnel shall be structured in a way to link rewards to corporate and individual performance. In the case of Non-Executive Directors, the level of remuneration shall reflect the contributions, commitment, experience, expertise and responsibilities undertaken by the particular Non-Executive Director concerned and the complexity of the Group’s activities. The Remuneration Committee met two (2) times during FY2019. During FY2019, the Remuneration Committee had reviewed and recommended the following matters to the Board for approval:- (a) Proposed 2019 salary increments and bonus for year 2018 for the Executive Directors and the employees of the Company and its group of companies; (b) Proposed remuneration packages payable to the Chairman and Group Executive Vice Chairman; and (c) Proposed Remuneration Policy for Directors and Senior Management. The remuneration paid to the top five (5) key senior management personnel for FY2019 is as follows:- Remuneration Range Name of Key Senior Management RM1,150,001 and above Mr Kelvin Choo Yung Yau The remuneration of the other top four (4) senior management personnel namely, Tan Sri Dato’ Tan Chee Sing, Mr Yeow Wai Siaw, Dato’ Dickson Tan Yong Loong and Mr Dion Tan Yong Chien, who are also Executive Directors of the Company, have been disclosed under the Directors’ Remuneration section. Corporate Governance Overview Statement Tropicana Corporation Berhad Annual Report 2019 pg 86 About Tropicana Our Strategic Performance Our Leadership