Yinson Annual Report 2020

155 Annual Report 2020 The role of Chairman and Group CEO are held by different individuals. The roles and responsibilities of Board members and Company Secretary are clearly defined in the Board Charter, summarised as follows: Board-level roles and responsibilities Chairman • Provide leadership and direction to the Board to achieve Board effectiveness • Liaise between Board and Management as well as Shareholders Group CEO • Formulate and implement Group business strategies • Oversee implementation of policies and decisions adopted by the Board • Supervise day-to-day management, operations and business development of the Group Non-Independent Non-Executive Directors • Monitor Company’s performance by overseeing Management’s performance • Constructively challenge and contribute to the development of the Company’s strategies. Their vast experience allows them to bring valuable external perspectives that contribute significantly to the Board’s deliberations and decisions Independent Non-Executive Directors • Provide objective and independent views and advice to safeguard the interests of the Company and Minority Shareholders • Provide a broader view, independent assessments and opinions on Management proposals and strategies Senior Independent Non- Executive Director • Highlight concerns of the Board that are sensitive to the Chairman • Act as an alternate contact person for Shareholders or other stakeholders for matters that cannot be resolved via normal channels of contact with the Chairman or Group CEO Company Secretary • Advise the Board on corporate disclosures and compliance with relevant regulatory requirements, guidance and legislations • Assist in the monitoring and application of CG developments and practises • Provides updates and advice on statutory and regulatory requirements that may affect the Company and Directors’ duties and responsibilities Board meetings and access to information Directors are supplied with relevant information and reports to enable informed decisions to be made and responsibilities to be effectively discharged. Board and Board Committee meetings are scheduled and communicated in advance prior to each calendar year to encourage maximum attendance rates. Meeting notices and papers are uploaded to a digital meeting software and disseminated to Board and Board Committees’ members at least seven (7) days before meetings, allowing convenient direct access and sufficient time to review, consider and prepare for meetings. The deliberations and decisions of the Board and Board Committees are recorded in minutes and circulated for confirmation/notation. The Board has direct access to the Senior Management and Company Secretaries and may obtain independent professional advice, if necessary, in accordance with procedures in the Board Charter.