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CHAIRMAN’S DELIVERING MSM MANAGEMENT DISCUSSION GROUP FINANCIAL
STATEMENT VALUE OVERVIEW & ANALYSIS REPORT

NOMINATION AND REMuNERATION COMMITTEE REPORT

The assessment and analytical process involved the following:

a. Document review by CG Board mainly, Board and Board Committees minutes of meetings, Board Charter and TOR of
Board Committees;

b. Online high level survey which involved seven (7) Directors and five (5) key Senior Management staff;
c. One-to-one interview with all Directors, selected key Senior Management staff who regularly interacts with the Board
and Board Committees and additional three (3) Management staff to get a better insight into the operational challenges
on the ground, notably the Johor Plant and people as well as cultural integration.

104 The project planning started in August 2020 and fieldwork was completed between 2 to 23 December 2020. Prior to the
commencement of field work, CG Board debriefed the Chairman and the NRC Chairman of the project objectives, scope,
methodology, deliverables and the core findings of the previous year BEA. Their expectations and requirements were logged
MSM MALAYSIA HOLDINGS BERHAD Annual Report 2020
into the scope of the review.
The scope and coverage of this BEA 2019/2020 encompasses the ten (10) and the overall rating core drivers as detailed below:

BOARD ROLES
AND BOARD
RESPONSIBILITY LEADERSHIP

BOARD
STAKEHOLDERS BOARD
COMMUNICATION DYNAMICS
ENGAGEMENT

OVERALL
BOARD BOARD/
AGENDAS AND MANAGEMENT
MEETINGS EFFECTIVE RELATIONSHIPS

BOARD
BOARD
COMMITTEES COMPOSITION
AND DIVERSITY

BO ARD BOARD
BOARD
PROCESSES
PR OCESSES INFORMATION

In summary, there are improvements in eight of the ten core drivers evaluated compared to the BEA carried out in 2019
(rated as Moderate Effective) and overall, the Board is rated as Effective.