140 YINSON HOLDINGS BERHAD | INTEGRATED ANNUAL REPORT 2023 CORPORATE GOVERNANCE OVERVIEW STATEMENT BOARD FOCUS AREAS FOR FYE 2023 Strategy • Business strategy brainstorming and strategic plans progress updates • Annual budget review and strategic business plans • Business/project proposals • Project financing • Internal reorganisation • Provision of new business ventures Sustainability • Sustainability policies and strategies • Sustainability initiatives progress update • Sustainability roadmap and strategies framework • Climate risk assessment profile Governance • Board Charter, Terms of Reference, Policies & Procedures, and Limit of Authority • Management-Level Committee composition review • Board renewal and re-election • Board Effectiveness Evaluation and actionable improvement plan • Corporate Governance disclosure review and updates • Re-appointment of Auditors • Integrated Annual Report, Shareholders Circular • ISO37001 ABMS surveillance audit • Compliance updates People • Remuneration package of Executive Directors • Senior Management remuneration (annual salary & bonus review) • Structure of Directors’ fees and benefits • Reward considerations – Employees’ Share Option Scheme, Restricted Share Unit programme, and Employees’ Long-term Incentive Plan • Planned MC’s Goals • Directors training Risk and Internal Controls • Internal Audit plans, reports and budget • External Auditors’ report and audit findings • Enterprise Risk Management framework and report • Key Risk Indicators and action plans • Corporate and business segments risk profiles • Group IT strategic plans, operating model and cyber security roadmap • Climate risk assessment profile Financial • Quarterly financial performance • Audit fees • Audited Financial Statements • Interim and final dividend • Recurrent Related Party Transactions • Solvency declaration for dividend and share Buy-Back • Yinson Group Accounting Manual Operations • Quarterly business projects reviews and updates Corporate Proposals • Fund raising pursuant to Bonus Issue and Rights Issue • Sukuk Programme The Board has established a formal schedule of matters reserved for its decision and delegated matters, which are detailed in our Board Charter available on our Company’s corporate website at www.yinson.com.
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