AwanBiru Technology Berhad - Annual Report 2021

Long Term Incentive Plan Committee Report 1. ROLE The Long-Term Incentive Plan Committee (“ LTIPC ”) was established on 25 November 2020 by the Company’s Board of Directors (the “ Board ”) to implement and administer the Employees’ Share Option Scheme (“ ESOS ”) and Employee Share Grant Plan (“ SGP ”) for eligible Directors and employees of the Group (excluding subsidiaries which are dormant) under the Long-Term Incentive Plan (“ LTIP ”) of the Company in accordance with the LTIP By-Laws as approved by the shareholders. The LTIPC is formally constituted within the LTIPC Terms of Reference, which is available on the Company’s website at https://www.awantec.my 2. MEMBERSHIP The LTIPC comprises of five (5) members; appointed by the Group’s Board from amongst the Executive Directors and Senior Management personnel [defined as President/Group Chief Executive Officer (“ CEO ” or “ CEOs ”), (Chief Operating Officer (“ COO ”), Chief Financial Officer (“ CFO ”) and Chief Business Officer (“ CBO ”)] of the Group. 3. RESPONSIBILITIES The powers, duties and responsibilities of the LTIPC is governed by its own Terms of Reference. The LTIPC was set up to ensure that the implementation of the LTIP is administered fairly and in accordance with the Company’s By-Laws of LTIP. Chairman Professor Emeritus Dato’ Dr. Hassan bin Said (Independent Non-Executive Director) Attendance Rate: 4/4 Number of Meetings 4 Attendance 100% Meetings held on 24 December 2020 17 February 2021 22 February 2021 13 April 2021 Members Paul Chan Wan Siew (Senior Independent Non-Executive Director) Attendance Rate: 4/4 Dr. Abu Hasan bin Ismail (Non-Independent Executive Director) Attendance Rate: 4/4 Ramanathan a/l Sathiamutty (Independent Non-Executive Director) Attendance Rate: 4/4 Baldesh Singh a/l Manmohan Singh (Non-Independent Executive Director) Attendance Rate: 4/4 Transparency | Awantec Annual Report 2021 111