BOARD AUDIT & EXAMINATION COMMITTEE REPORT MEMBERS Mohd Yuzaidi Mohd Yusoff Independent Non-Executive Director (appointed as Interim Chairman w.e.f. 3 September 2021 until 7 January 2022) Dato’ Sri Khazali Ahmad Independent Non-Executive Director Nuraini Ismail Independent Non-Executive Director (appointed w.e.f. 7 January 2022) Mohamed Ridza Mohamed Abdulla Non-Independent Non-Executive Director FORMER MEMBERS WHO SERVED IN 2021 Noraini Che Dan Independent Non-Executive Director (Deceased on 26 August 2021) Zahari @ Mohd Zin Idris Non-Independent Non-Executive Director (retired w.e.f. 20 September 2021) Mashitah Haji Osman Independent Non-Executive Director (appointed w.e.f. 3 September 2021 and ceased to be a member on 7 January 2022) Datuk Nik Mohd Hasyudeen Yusoff Non-Independent Non-Executive Director (appointed w.e.f. 20 September 2021 and ceased to be a member on 7 January 2022) MEMBERSHIP In 2021, the BAEC was chaired by Noraini Che Dan, an Independent Non-Executive Director until her demise on 26 August 2021. Subsequently, Zahari @ Mohd Zin Idris, a Non-Independent Non-Executive Director also retired on 20 September 2021. Pursuant to this, the BAEC composition was reviewed to ensure compliance with the Main Market Listing Requirements (MMLR) of Bursa Malaysia Securities Berhad (Bursa Malaysia) which prescribes that the BAEC must consist of at least three (3) members with the Chairman and a majority of the members being independent nonexecutive directors. Mohd Yuzaidi Mohd Yusoff, who is an existing BAEC member was elected by the Board to assume the Chairman position on an interim basis pending the appointment of a new Chairman with qualified accounting background. Datuk Nik Mohd Hasyudeen Yusoff, a Non-Independent Non-Executive Director, who is a member of the Malaysian Institute of Accountants and Fellow CPA Australia, was appointed as an interim member to provide support on any financial accounting related matters. In addition, Mashitah Haji Osman was also appointed as a BAEC member on an interim basis to comply with the requirement for majority Independent Non-Executive Directors in the BAEC. On 7 January 2022, Datuk Bazlan Osman was appointed as the new Chairman of the BAEC. He is a member of the Malaysian Institute of Accountants and Fellow ACCA, United Kingdom. Nuraini Ismail, a newly appointed director was also appointed as a new BAEC member. With the appointment of Datuk Bazlan Osman and Nuraini Ismail, both Datuk Nik Mohd Hasyudeen Yusoff and Mashitah Haji Osman ceased to be the BAEC members whilst Mohd Yuzaidi Mohd Yusoff remains as a member of the BAEC. CHAIRMAN Datuk Bazlan Osman Independent Non-Executive Director (appointed w.e.f. 7 January 2022) INTEGRATED ANNUAL REPORT 202 1 Key Messages Overview Value Creation MD&A Sustainability Leadership Accountability Financial Additional Information 187
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