CORPORATEGOVERNANCE
REPORT
Sustainability
IndependentProfessional Advice
TheDirectors, either individually
or as a group, are entitled to take
independent professional advice,
where appropriate, with such
expense borne by theCompany.
REMUNERATIONMATTERS
Principle7:
Procedures forDeveloping
RemunerationPolicies
TheRCcomprisesMsHanSahHeck
Vicky,Mr AngMiahKhiang and
Mr LimHo Seng.MsHanSahHeok
Vicky, an Independent Director,
is theChairmanof theRC.
Independent Directorsmakeup
themajorityof theRC.
TheRC’sprincipal responsibilities
are set out in its termsof reference
approvedby theBoard. These
are to reviewand recommenda
frameworkof remuneration for the
Directors andkeymanagement
personnel and the specific
remunerationpackages including
but not limited toDirector’s fees,
salaries, allowances, bonuses,
options, share-based incentives
andawards andbenefits inkind
of theExecutiveDirectors and
keymanagement personnel; and
toensure that the framework is
competitiveand sufficient toattract,
retainandmotivate theDirectors to
providegood stewardshipof
theCompanyand thekey
management personnel to
successfullymanage theCompany.
Noneof theRCmembersor
Directors is involved indeliberations
in respect of any remuneration,
compensationor any formof
benefit tobegranted tohim/
her. For FY2017, no remuneration
consultantwas appointed to review
theDirectors’ remuneration.
TheRC reviews theCompany’s
obligations under the service
agreements of theExecutive
Directors and keymanagement
personnel thatwould arise in the
eventof terminationof these service
agreements toensure that such
service agreements contain fair and
reasonable terminationclauses.
BAKER
Technology
L IMI TED
THE BE ST
I N US
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