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SUSTAINABILITY JOURNEY HOW WE ARE GOVERNED FINANCIAL STATEMENTS ADDITIONAL INFORMATION 243

The assessment of the Directors was based on the relevant In summary, there are improvements in six (6) out of ten (10)
performance criteria in line with Practice 6.1 of the MCCG of the core drivers evaluated compared to the BEA carried out
2021. in 2020 by external consultant and overall, the Board remains
Effective.
The evaluation as a whole has covered the ten (10) core
drivers of board effectiveness and the overall rating core Each Board Committee namely, Audit, Governance and Risk
drivers as detailed below: Committee, Investment and Tender Committee and NRC has
discharged its roles and responsibilities effectively as guided
Overall Effective by its respective TOR.

Board Leadership All of the Directors has met the performance criteria required
for an effective and high performance Board and has the
Board Dynamics ability to continuously discharge their duties diligently as
Board Management Relationships Directors of the Company.
Board Composition and Diversity The outcome and conclusion of BEA 2021 was tabled to the
NRC and Board in March 2022.
Board Information
Board Processes
ASSESSMENT OF AUDIT, GOVERNANCE AND RISK
Board Committees COMMITTEE
Board Agenda and Meetings Pursuant to Paragraph 15.20 of Listing Requirements,
Board and Stakeholders Engagement the NRC also reviewed the performance of Audit,
Governance and Risk Committee (AGRC) for the year 2021.
Board Roles and Responsibilities The performance assessment of AGRC and its member has
been tabled to the NRC and Board in March 2022. The Board
concluded that the AGRC and its members have discharged
Very Effective
their functions, duties and responsibilities in accordance
Effective with its TOR.
Improved compared to 2020