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AEMULUS HOLDINGS BERHAD
A N N U A L R E P O R T 2 0 1 6
CORPORATE GOVERNANCE STATEMENT
(Cont’d)
2. Strengthen the Composition (Cont’d)
2.2 Nomination Committee (Cont’d)
The Nomination Committee is satisfied with the level of independence demonstrated by the Independent Non-
Executive Directors as well as the result of the assessment on the effectiveness of the Board as a whole, the
committees of the Board and the contribution of each individual director. The Nomination Committee is also
satisfied with the performance of the audit committee.
2.3 Remuneration Committee
The Remuneration Committee comprises 3 Independent Non-Executive Directors and 2 Executive Directors and
is chaired by a Senior Independent Non-Executive Director. It meets as and when required but the Remuneration
Committee shall meet not less than once a year.
The Remuneration Committee is governed by its terms of reference and its primary function is to recommend to
the Board from time to time, the remuneration framework and package of the Executive Directors in all forms to
commensurate with the respective contributions of the Executive Directors. The Executive Directors are to abstain
from deliberations and voting on the decision in respect of their own remuneration packages. The Board as a
whole decides on the remuneration of the Non-Executive Directors, including the Non-Executive Chairman. The
individual concerned should abstain from deliberations of their own remuneration packages. Directors’ fees are
subject to shareholders’ approval at the Annual General Meeting.
In general, the remuneration is structured so as to link reward to corporate and individual performance, as in
the case of the Executive Directors and senior management. As for the Non-Executive Directors, the level of
remuneration reflects the experience and level of responsibilities undertaken by the particular Non-Executive
Directors concerned.
The remuneration of the Directors of the Company for the financial year ended 30 September 2016, for the
Company as well as the group basis are as follows:-
Salary, allowance,
bonus and EPF
(RM)
Fee
(RM)
Total
(RM)
Group
Executive Directors
890,698
–
890,698
Non-Executive Directors
–
162,000
162,000
Company
Executive Directors
–
–
–
Non-Executive Directors
–
160,000
160,000
The numbers of Directors whose total remuneration fall within certain bands are as follow:
Number of Directors
Company
Group
Range of Remuneration
Executive Non-Executive Executive Non-Executive
Below RM50,000
–
2
–
2
RM50,001 to RM100,000
–
1
1
1
RM100,001 to RM150,000
–
–
–
–
RM150,001 to RM200,000
–
–
1
–
RM200,001 to RM250,000
–
–
–
–
RM250,001 to RM300,000
–
–
1
–
RM300,001 to RM350,000
–
–
–
–
RM350,001 to RM400,000
–
–
1
–