2018 UEM Edgenta Annual Report

Audit and Risk Committee (“ARC”) Assist the Board in the oversight responsibilities by reviewing and monitoring the integrity and adequacy of the Group’s internal controls, financial and non-financial reporting process and management information systems, including related party transactions and systems for compliance with applicable laws, regulations, rules, directives and guidelines. Also assists in the oversight risk management matters in order to manage the overall risk exposure of the Group. This includes effectiveness of risk management framework in identifying, assessing and monitoring key business risks and internal processes to safeguard shareholders’ investments and the Group’s assets. Nomination and Remuneration Committee (“NRC”) The NRC comprises four (4) Non-Executive Directors, a majority whom are Independent. The NRC consist of the following members:- Name of members Designation Juniwati Rahmat Hussin (Chairman) Independent Non-Executive Director Dato’ Noorazman Abd Aziz (Appointed on 2 October 2018) Non-Independent Non-Executive Director Dr. Saman @ Saimy Ismail Independent Non-Executive Director Rowina Ghazali Seth Independent Non-Executive Director Dato’ Izzaddin Idris (Resigned on 2 October 2018) Non-Independent Non-Executive Director The main responsibilities of the NRC is to assist the Board on the nomination of Directors and Senior Management, assessing the effectiveness of the Board and Board Committees and recommending remuneration packages and assessing the performance of Managing Director/Chief Executive Officer and Senior Management. The Board is supported by a suitable, qualified and competent Company Secretary who is accountable to the Board through the Chairman of the Board and Board Committees on all governance matters. Board of Directors Audit and Risk Committee Nomination and Remuneration Committee Board Tender Committee Financial Review Stakeholder Information AGM Information 109 Governance Review of Sustainability Activities