Yinson Annual Report 2018

3. Material Contracts Involving Directors’ and Major Shareholders’ Interest There were no material contracts (not being contracts entered into in the ordinary course of business), which have been entered into by the Company and/or its subsidiaries involving Directors’ and major shareholders’ interests during the financial year ended 31 January 2018. 4. Recurrent Related Party Transactions of a Revenue or Trading Nature All recurrent related party transactions (“RRPTs”) are dealt with in accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Listing Requirements”) and a summary of RRPT Register is tabled for Audit Committee’s review and monitoring on quarterly basis. The relevant process and procedure are set to ensure any related party transactions are monitored and conducted in a manner that is fair and at arms’ length basis. The Directors and major shareholders who have interest in a transaction will ensure that they abstain from deliberation and voting on the transaction at Board meetings and general meetings, if required. The details of the RRPTs conducted during the financial year ended 31 January 2018 between the Company and/or its subsidiaries with related parties are disclosed in page 171 to 172 of the 2018 Annual Report. 5. Employees’ Share Scheme Details of the Employees’ Share Scheme are disclosed in page 89 of the 2018 Annual Report. No new options were granted to Directors and Group Chief Executive Officer during the financial year ended 31 January 2018, details of their options are disclosed in page 91 of the 2018 Annual Report. The aggregate maximum number of options or shares granted to the Directors and Senior Management are not more than 80% of the total options offered. Since commencement of the ESS, 44.75% were allocated to the Directors and Senior Management of the Group. No new options were granted to Directors and Senior Management during the financial year ended 31 January 2018. Corporate Overview Stewardship Governance Accountability 75 Yinson Holdings Berhad Annual Report 2018