WASCO BERHAD 156 CORPORATE GOVERNANCE OVERVIEW STATEMENT Group Directors’ Fees RM’000 Salaries and Other Emoluments@ RM’000 Bonus RM’000 Benefits in-kind Leave Passage RM’000 Others* RM’000 Dato’ Seri Robert Tan Chung Meng 110 8 - - - Gian Carlo Maccagno - 5,454 3,753 301 26 Tan Sri Saw Choo Boon 115 22 - - - Datin Wan Daneena Liza Binti Wan Abdul Rahman 120 26 - - - Lily Rozita Binti Mohamad Khairi 115 20 - - - Halim Bin Haji Din 100 18 - - - Tan Sri Professor Lin See Yan 110 16 - - - Tan Jian Hong, Aaron 90 8 - - - Chan Cheu Leong# 45 4 - - - 805 5,576 3,753 301 26 Notes: # Resigned as Non-Independent Non-Executive Director with effect from 1 July 2024. @ Meeting Allowances * Others under benefits in-kind include motor vehicles, club subscription, etc. In addition, the Group have made a provision of RM2,382,000 for amounts payable to Executive Directors at the end of their employment for their services rendered to the Group as part of their employment contract. 3. TOP FIVE KEY SENIOR MANAGEMENT’S REMUNERATION Pursuant to Practice 8.2 of the MCCG 2021, the top five Key Senior Management’s total remuneration inclusive of salary, bonus, benefits-in-kind and other emoluments in bands of RM50,000 are disclosed as follows:- Total RM1,150,000 to RM1,200,000 1 RM1,650,000 to RM1,700,000 1 RM1,700,000 to RM1,750,000 1 RM1,950,000 to RM2,000,000 1 RM2,900,000 to RM2,950,000 1 5 For purposes of security and to avoid poaching by other organisations, the names of the Top Five Key Senior Management are withheld and the detailed remuneration of each of the individuals are not presented because the Board of Directors is of the opinion that such information will not add significant value and understanding towards the evaluation of the Company’s standard of Corporate Governance. 4. SHAREHOLDERS AND INVESTORS 4.1 Effective Communications Policy Besides the various announcements and disclosures including the quarterly and annual results released to Bursa Malaysia, the Board maintains an effective communications policy that enables the Board (in particular the Executive Board Members) to communicate effectively with its shareholders, stakeholders and the public in general.
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