Yinson Annual Report 2021

157 ANNUAL REPORT 2021 CORPORATE GOVERNANCE OVERVIEW STATEMENT Board Committees’ roles and responsibilities AC t 0WFSTFF JOUFHSJUZ PG mOBODJBM SFQPSUJOH BOE JOUFSOBM DPOUSPM BOE SJTL NBOBHFNFOU QSPDFTTFT t 3FWJFX BOE NPOJUPS JOUFSOBM BVEJU GVODUJPOT *" GVODUJPO BOE FYUFSOBM BVEJUPST BRMC t *EFOUJGZ LFZ SJTLT GBDUPST BOE FOTVSF JNQMFNFOUBUJPO PG BO FGGFDUJWF SJTL NBOBHFNFOU TZTUFN t 3FWJFX BEFRVBDZ BOE JOUFHSJUZ PG JOUFSOBM DPOUSPM BOE NBOBHFNFOU JOGPSNBUJPO TZTUFN NRC t #VJME BO FGGFDUJWF #PBSE UISPVHI TFMFDUJPO OPNJOBUJPO BOE FWBMVBUJPO PG UIF #PBSE #PBSE Committees and individual Directors’ performance. t &OTVSF TUSPOH BOE CBMBODFE #PBSE DPNQPTJUJPO CZ SFWJFXJOH EJWFSTJUZ PG TLJMMT LOPXMFEHF experiences, backgrounds and gender. t 3FWJFX SFNVOFSBUJPO QBDLBHFT PG %JSFDUPST BOE 4FOJPS .BOBHFNFOU ESSC t *NQMFNFOU BOE BENJOJTUFS UIF &NQMPZFFT 4IBSF 4DIFNF i&44w XJUI SFHBSE UP UIF HSBOUJOH allocation and maintenance of shares to Executive Directors, Senior Management and employees of the Group. During the financial year under review, key activities performed by the Board, Board Committees and Management-level Committees are as follows: Key activities of the Board, Board Committees and Management-level Committees Board t "QQSPWFE #VEHFU BOE TUSBUFHJD CVTJOFTT QMBOT t 3FWJFXFE BQQSPWFE BOE SFDFJWFE VQEBUFT PO CVTJOFTT QSPKFDUT t 3FWJFXFE BOE BQQSPWFE WBSJPVT $IBSUFST 5FSNT PG 3FGFSFODFT 1PMJDJFT BOE 1SPDFEVSFT BOE 3FWJTFE Limit of Authority. t 3FWJFXFE BOE BQQSPWFE "OOVBM 3FQPSU DPOUFOU BOE $( 3FQPSU t "QQSPWFE EFDMBSBUJPO PG JOUFSJN EJWJEFOE BOE SFDPNNFOEFE mOBM EJWJEFOE GPS TIBSFIPMEFSTh approval at AGM. t 3FWJFXFE BOE BQQSPWFE 4VTUBJOBCJMJUZ 1PMJDZ BOE TUSBUFHJFT t "QQSPWFE #PBSE &WBMVBUJPO BOE SFDPNNFOEFE SF FMFDUJPO PG %JSFDUPST BU "(. t "QQSPWFE RVBSUFSMZ mOBODJBM SFTVMUT t "QQSPWFE "VEJUFE 'JOBODJBM 4UBUFNFOUT t "QQSPWFE &OUFSQSJTF 3JTL .BOBHFNFOU i&3.w QMBO BOE 3JTL 3FHJTUFS t "QQSPWFE ,FZ 3JTL *OEJDBUPST BOE "DUJPO 1MBOT PG UIF UPQ mWF SJTLT PG UIF (SPVQ t 3FDFJWFE *OUFSOBM "VEJU 1MBO t 3FDFJWFE *OUFSOBM "VEJU 3FQPSUT BOE *OUFSOBM "VEJU #VEHFU t 3FDFJWFE &YUFSOBM "VEJUPST 3FQPSU t 3FWJFXFE BOE BQQSPWFE UIF -POH UFSN *ODFOUJWF 1MBO t 3FWJFXFE BOE BQQSPWFE UIF 3FHJTUFS PG 3FDVSSFOU 3FMBUFE 1BSUZ 5SBOTBDUJPOT t 3FWJFXFE TIBSFT QVSDIBTFE QVSTVBOU UP SFOFXBM PG TIBSF CVZ CBDL BVUIPSJUZ t 3FWJFXFE TPMWFODZ QPTJUJPO PG UIF $PNQBOZ GPS EJWJEFOE BOE TIBSF CVZ CBDL t 3FDPNNFOEFE UIF SF BQQPJOUNFOU PG &YUFSOBM "VEJUPST BU "(. t 3FWJFXFE BOE BQQSPWFE &YFDVUJWF #FODINBSLJOH 1FFS (SPVQ t &TUBCMJTIFE HPPE $( QSBDUJDFT