2019 UEM Edgenta Annual Report

106 BOARD FOCUS AREAS The Board is responsible for ensuring that the Company is appropriately managed and achieves the strategic objectives that it sets. For the financial year end, the Board discharged its responsibilities through an annual programme of meetings, focusing on specific areas as set out in the table below. Strategic Plans and Direction • Reviewed and approved:- - The Annual Operating Plan, Corporate Scorecard and Managing Director/Chief Executive Officer Scorecard - The international market expansion plans - The forward plan for property division • Overseeing the implementation of Digital Revolution. Health, Safety and Environment • Reviewed the Health, Safety and Environment Report on quarterly basis. • Launch of new mechanised vehicles, i.e. the MULAG Grass Cutter. Overseeing the conduct of the Group’s business • Reviewed and approved the revised Discretionary Authority Limits. Financial Statements • Reviewed the recommendation from ARC and approved:- - The quarterly financial results - The annual financial statements • Met up with the External Auditors for the presentation of their reports. Governance / Compliance • Reviewed and adopted the revised Code of Conduct (Employee & Business Partner) and Conflict of Interest Procedures. • Reviewed and approved the set up of UEM Edgenta’s Whistleblowing Committee, as well as adopted the Whistleblowing Policy and Procedure. • Established Integrity & Governance Unit and Board Governance and Risk Committee. • Reviewed and approved the revised Board Charter and Terms of References. BOARD LEADERSHIP & EFFECTIVENESS (CONT’D) Succession Planning for Senior Management • Reviewed the recommendation from NRC and approved the appointment of the Senior Management staff. Risk Management • Reviewed the recommendation from ARC and approved:- - The Risk Management Status Report on quarterly basis - The Business Continuity Management Framework - The Anti-Bribery and Anti-Corruption Guide Corporate Governance Overview Statement