Yinson Annual Report 2021

155 ANNUAL REPORT 2021 CORPORATE GOVERNANCE OVERVIEW STATEMENT Board of Directors Company Secretary Sustainability Committee (“SC”) # Management Committee (“MC”) (cum Risk Management Committee*) Audit Committee (“AC”) Internal Audit Board Risk Management Committee (“BRMC”) Nominating and Remuneration Committee (“NRC”) Employees’ Share Scheme Committee (“ESSC”) Board Committees Management- level Committees * Risk Management Committee reports risk matters to Board members through the BRMC. # SC reports sustainability matters to Board members through the BRMC with effect from 25 March 2020. Board’s Main Responsibilities t 3FWJFX BOE BEPQU TUSBUFHJD QMBOT EFWFMPQFE CZ .BOBHFNFOU FOTVSJOH UIBU CVTJOFTT TVTUBJOBCJMJUZ JODMVEJOH FOWJSPONFOUBM economic, social and governance aspects, is safeguarded. t &OTVSF UIF (SPVQ T CVTJOFTTFT BSF NBOBHFE QSPQFSMZ JODMVEJOH NPOJUPSJOH PG .BOBHFNFOU T QFSGPSNBODF t *EFOUJGZ UIF (SPVQ T LFZ SJTL GBDUPST BOE FOTVSF BQQSPQSJBUF JOUFSOBM DPOUSPMT BOE NJUJHBUJOH NFBTVSFT BSF JNQMFNFOUFE UP manage such risks. t &OTVSF TUSPOH #PBSE BOE 4FOJPS .BOBHFNFOU BQQPJOUNFOUT BOE UIBU B SPCVTU TVDDFTTJPO QMBO JT JO QMBDF t 0WFSTFF UIF EFWFMPQNFOU BOE JNQMFNFOUBUJPO PG BO *OWFTUPS 3FMBUJPOT 1SPHSBNNF PS 4UBLFIPMEFS $PNNVOJDBUJPO 1PMJDZ t &OTVSF UIF BEFRVBDZ BOE JOUFHSJUZ PG UIF (SPVQ T NBOBHFNFOU JOGPSNBUJPO BOE JOUFSOBM DPOUSPM TZTUFNT t &OTVSF UIF JOUFHSJUZ PG UIF (SPVQ T mOBODJBM BOE OPO mOBODJBM SFQPSUJOH 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 t 1SPWJEF MFBEFSTIJQ BOE EJSFDUJPO UP UIF #PBSE UP BDIJFWF #PBSE FGGFDUJWFOFTT t -JBJTF CFUXFFO #PBSE BOE .BOBHFNFOU BT XFMM BT 4IBSFIPMEFST Group CEO t 'PSNVMBUF BOE JNQMFNFOU (SPVQ T CVTJOFTT TUSBUFHJFT t 0WFSTFF JNQMFNFOUBUJPO PG QPMJDJFT BOE EFDJTJPOT BEPQUFE CZ UIF #PBSE t 4VQFSWJTF EBZ UP EBZ NBOBHFNFOU PQFSBUJPOT BOE CVTJOFTT EFWFMPQNFOU PG UIF (SPVQ Non-Independent Non-Executive Directors t .POJUPS $PNQBOZ T QFSGPSNBODF CZ PWFSTFFJOH .BOBHFNFOU T QFSGPSNBODF t $POTUSVDUJWFMZ DIBMMFOHF BOE DPOUSJCVUF UP UIF EFWFMPQNFOU PG UIF $PNQBOZ T TUSBUFHJFT 5IFJS WBTU experience allows them to bring valuable external perspectives that contribute significantly to the Board’s deliberations and decisions. Independent Non-Executive Directors t 1SPWJEF PCKFDUJWF BOE JOEFQFOEFOU WJFXT BOE BEWJDF UP TBGFHVBSE UIF JOUFSFTUT PG UIF $PNQBOZ BOE Minority Shareholders. t 1SPWJEF B CSPBEFS WJFX JOEFQFOEFOU BTTFTTNFOUT BOE PQJOJPOT PO .BOBHFNFOU QSPQPTBMT BOE strategies. Senior Independent Non-Executive Director t )JHIMJHIU DPODFSOT PG UIF #PBSE UIBU BSF TFOTJUJWF UP UIF $IBJSNBO t "DU BT BO BMUFSOBUF DPOUBDU QFSTPO GPS 4IBSFIPMEFST PS PUIFS TUBLFIPMEFST GPS NBUUFST UIBU DBOOPU CF resolved via normal channels of contact with the Chairman or Group CEO.