AwanBiru Technology Berhad - Annual Report 2021

Remuneration Committee Report 1. ROLE The Remuneration Committee (“ RC ”) was established on 17 April 2012 by the Company’s Board of Directors (the “ Board ”) to ensure that the Company has a competitive remuneration package to attract, reward, retain and motivate the Directors and Senior Management needed to run the Company successfully and to achieve Company’s long-term business objective. 2. TERMS OF REFERENCE Remuneration Committee Terms of Reference sets out the composition, roles and responsibilities, authority and meeting requirements. The Remuneration Committee not only sets the remuneration package but also reviews the key performance indicators for measuring the performance of the Executive Directors and Senior Management of the Company. The Remuneration Committee Terms of Reference, is available on the Company’s website at https://www.awantec.my In formulating the recommended remuneration packages, the Remuneration Committee is guided by the Company’s Remuneration Policy and the information prepared by Management and independent consultants based on data of comparable companies. A copy of the Remuneration Policy is available on the Company’s website at https://www.awantec.my 3. MEMBERSHIP As of 30 June 2021, the RC comprises wholly of independent directors. It is chaired by Professor Emeritus Dato’ Dr. Hassan bin Said and supported by three (3) members. Members Ramanathan a/l Sathiamutty (Independent Non-Executive Director) Attendance Rate: 2/2 Ginny Yeow Mei Ying (Independent Non-Executive Director) Attendance Rate: 1/2 Hafidah Aman binti Hashim (Independent Non-Executive Director) Attendance Rate: 2/2 Number of Meetings 2 Attendance 87.5% Meetings held on 30 September 2020 17 February 2021 Chairman Professor Emeritus Dato’ Dr. Hassan bin Said (Independent Non-Executive Director) Attendance Rate: 2/2 Transparency | Awantec Annual Report 2021 107