GOVERNANCE 04 Sect ion Ranhi ll Ut i l i t i es Berhad 114 CORPORATE GOVERNANCE OVERV I EW STATEMENT TIME COMMITMENT Directors must be able to allocate sufficient time and commitment in discharging their duties effectively to the Company and as such, time commitment is a key criterion for the assessment of director’s effectiveness and performance. This includes attendance at Board and Board Committee meetings, participation in meetings, and other necessary duties. In ensuring that Directors can better plan their schedules to attend meetings, a list of scheduled meetings is provided to the Directors in advance before the end of the preceding financial year. Additional meetings are held as and when necessary to consider and deliberate specific issues that require expeditious review or considerations in between the scheduled meetings. Detailed below is a summary of the Directors’ attendance for 2022 which have surpassed the BMLR and MCCG 2021 requirements:- Number of Meetings Held Directors Board AC NRC GRMC LTIP Executive Directors Tan Sri Hamdan Mohamad (Chairman & CE) 8/8 n/a n/a 5/5 n/a Datuk Seri Lim Haw Kuang (Executive Director) 8/8 n/a n/a 5/5 n/a Amran Awaluddin (Executive Director and Chief Operating Officer) (Appointed w.e.f 15 April 2022) 6/6 n/a n/a n/a n/a Zurina Abdul Rahim (Executive Director and Chief Commercial Officer) (Appointed w.e.f 15 April 2022) 6/6 n/a n/a 3/3 n/a Non-Executive Directors Datuk Abdullah Karim (Senior Independent Non-Executive Director) (Chairman NRC) 7/8 5/5 5/5 n/a 1/1 Lim Hun Soon @ David Lim (Independent Non-Executive Director) (Chairman AC) 8/8 5/5 n/a n/a n/a Leow Peen Fong (Independent Non-Executive Director) (Chairman GRMC) 8/8 n/a 5/5 5/5 1/1 Abu Talib Abdul Rahman (Independent Non-Executive Director) 8/8 5/5 5/5 5/5 1/1 Dr Arzu Topal (Independent Non-Executive Director) (Appointed w.e.f 15 April 2022) 6/6 n/a 3/3 3/3 1/1 Directors who intend to accept new directorships with other companies must notify the Chairman, notwithstanding that Paragraph 15.06 of the Listing Requirements allows a Director to sit on the boards of up to five (5) listed issuers. Presently, each member of the Board holds not more than five (5) directorships in public listed companies. Directors are required to make an immediate declaration if they have any interest in transactions to be entered into directly or indirectly with the Company. They must disclose the extent and nature of their interest at a Board meeting as soon as practicable after they become aware of the potential conflict of interest, As interested parties, they must also abstain from participating in the deliberation and Board decision in the matter. Those Directors who hold multiple non-executive positions have not shown any difficulties in their ability to manage their scheduled meeting. Overall, Directors have demonstrated high levels of commitment by participating in the scheduled and ad-hoc meetings or discussions held during 2022.
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