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ENRICHING tHE FUtURE ENRICHING NAtIoNAL PRoGRESS ENRICHING StAKEHoLDER VALUE ENRICHING SUStAINABLE IMPACt

StAtEMENt ON CORPORAtE GOVERNANCE (CONtINuED)

Board Meetings
KWAP Act prescribes that the Board shall meet at least During the financial year 2023, nine Board meetings and
once in every quarter of the calendar year. Nevertheless, three Special Board Meetings were held. The proceedings
as a matter of best practice, the Board endeavours to meet of all meetings of the Board including all issues raised,
on a regular basis with a minimum of eight times a year, enquiries made and responses thereto, were also presented
to approve, inter alia the strategic plans and direction for and recorded in the minutes of the respective Board and
KWAP, the annual business plans and budget, operational its Committees’ meetings. Where necessary, decisions
and financial performance reports and to review the have been taken by way of circular resolutions. Decisions
performance of KWAP. Additional meetings are convened via circularisation requires simple majority approval, which
to deliberate on urgent and important matters. Sufficient will be reported during the following Board meeting for
notices are duly given for all scheduled and additional notification.
meetings of the Board.

Attendance at Meetings
The Board’s commitment to carry out their duties and responsibilities is affirmed by their attendance at the Board meetings
held as set out below. The number of Board and Board Committees meetings during the year ended 31 December 2023,
together with a record of the attendance is detailed in the table below:

Board
Board Nomination
Board members in office Board Risk and and Board
during the financial year ended Board Audit Integrity Compliance Remuneration Procurement
31 December 2023 Board Committee Committee Committee Committee Committee
Datuk Johan Mahmood Merican
Chairman 7/11
(Appointed on 27 February 2023)
Datuk Dr. Shahrazat binti Haji
Ahmad 1/4 0/1 1/1
(Appointed on 11 October 2023)
Datuk Ahmad Terrirudin bin Mohd
Salleh 2/4 1/1 1/1 0/1
(Appointed on 16 October 2023)
Puan Nor Yati binti Ahmad 2/2 1/1 1/1
(Appointed on 6 November 2023)
Encik Adnan Zaylani bin Mohamad 7/12 6/6 4/6 5/6
Zahid
Dato’ Azmi bin Abdullah 12/12 6/6 1/1 6/6 6/6
YM Raja Teh Maimunah binti Raja 9/12 2/4 4/6 6/6
Abdul Aziz

110 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) i INtEGRAtED REPoRt 2023