Page 238 - MSM_AIR2021

236 MSM MALAYSIA HOLDINGS BERHAD WHO WE ARE STATEMENT & DISCUSSION BY OUR LEADERS HOW WE OPERATE
ANNUAL INTEGRATED REPORT 2021

NOMINATION AND

REMUNERATION

COMMITTEE REPORT

THE NOMINATION AND REMUNERATION COMMITTEE (NRC OR THE COMMITTEE)
IS PLEASED TO PRESENT ITS REPORT FOR THE FINANCIAL YEAR ENDED
31 DECEMBER 2021 (FY2021).

THIS REPORT PROVIDES SHAREHOLDERS WITH VALUABLE INSIGHT INTO THE
ACTIVITIES OF THE NRC DURING THE FINANCIAL YEAR UNDER REVIEW AND HOW
THE COMMITTEE PLAYED ITS ROLE TO ENHANCE THE EFFECTIVENESS OF THE BOARD.

COMPOSITION

The NRC members as at the date of this report comprises exclusively of Non-Executive Directors (NED), the majority of
whom are Independent NED. The Committee is chaired by an Independent NED, Dato’ Muthanna Abdullah.

There were changes to the composition of the NRC during the financial year 2021. On 12 January 2021, Dato’ Amir Hamdan
Hj Yusof was appointed as Non-Independent Non-Executive Director (NINED), a Nominee Director from Koperasi
Permodalan Felda Malaysia Berhad (KPF) and a member of the NRC of MSM Malaysia Holdings Berhad (MSM).
Following thereto, the Board on 18 October 2021 has approved the appointment of Nik Fazila Nik Mohamed Shihabuddin,
a Nominee Director from FGV Holdings Berhad as NINED of MSM and a member of the NRC.

Members Type of membership No. of meetings attended

Dato’ Muthanna Abdullah Chairman/Independent 9/9
Non-Executive Director
Datuk Dr Abd Hapiz Abdullah Member/Independent 9/9
Non-Executive Director
Dato’ Rosini Abd Samad Member/Independent 9/9
Non-Executive Director

Dato’ Amir Hamdan Haji Yusof Member/Non-Independent 8/9
(appointed as member on 12 January 2021) Non-Executive Director

Nik Fazila Nik Mohamed Shihabuddin Member/Non-Independent 1/1
(appointed as member on 18 October 2021) Non-Executive Director