Annual Report 2020

The Directors have ready and unrestricted access to the advice and services of the Company Secretary to enable them to discharge their duty effectively. The Company Secretary is qualified to act under the Companies Act 2016. II. Board Composition On 30 August 2019, Mr. Low Teng Lumwas appointed as Independent Non-Executive Director in placed of Mr. Chieng Ing Huong whom retired on 29 August 2019 after serving for 17 years. Mr. Low was also appointed as a member of Audit, Nominating, Remuneration and Risk Committee. Subsequent to the financial year 2020, on 30 June 2020, Mr. Tan Bun Poo, Robert resigned as Independent Non-Executive Director after serving for 9 years and Mr. Low Teng Lum was then appointed as Chairman of Audit, Nominating, Remuneration and Risk Committee. On 1 July 2020, Mr. Wee Beng Chuan was appointed as an Independent Non-Executive Director and as a member of Audit, Nominating, Remuneration and Risk Committee. The Board still comprised of six Independent Non-Executive Directors, five Executive Directors and three Alternate Directors to Executive Directors. Of the six Independent Directors, four were women. With the current composition, the Board feels that its members have the necessary knowledge, experience, requisite range of skills and competence to enable them to discharge their duties and responsibilities effectively. The Board through its Nominating Committee conducts an annual review of its size and composition, mix of skills, experience, assessment of Independent Directors, succession plans, and boardroom diversity; oversees training courses for Directors and other requisite qualities of Directors, as well as the annual assessment of the effectiveness of the Board as a whole, its Committees and the performance, commitment, ability and contribution of each individual Director. The Nominating Committee met five times during the financial year to review and assess on the following: • appointing additional Independent Non-Executive Director; • terms of reference of Nominating Committee and Board diversity policy; • succession planning and gaps in skill for the Board and Board Committees; • Board, individual Directors, Committee’s evaluation and Independent Directors Self-evaluation; and • trainings attended by Directors. During the financial year ended 31 March 2020, the training programmes, seminar and briefings attended by Directors were as follows: Name Seminar/Course Organiser Dr. Chia Song Kun Sustainability-Inspired Innovations: Enablers of the 21st Century Bursa Malaysia Berhad (“Bursa Malaysia”) Mr. Chia Song Kooi Annual and Sustainability Reports Malaysian Institute of Corporate Governance Sustainability-Inspired Innovations: Enablers of the 21st Century Bursa Malaysia 2020 Global Investment Outlook HSBC Bank Malaysia Berhad Mr. Chia Seong Pow Key Amendments to the Main Market Listing Requirements of Bursa Malaysia Securities Berhad relating to Continuing Disclosure Obligations and Other Amendments COSPEC Management Services Sdn. Bhd. (“COSPEC”) Corporate Governance & Anti-Corruption Bursa Malaysia Annual Report | 2020 QL Resources Berhad 76 Corporate Governance Overview Statement