2019 UEM Edgenta Annual Report

110 (e) Training and Development of Directors A training budget is allocated for Directors to attend relevant training programmes and seminars to enhance their knowledge and skills in discharging their duties. (f) Directors’ & Officers’ Liability Insurance The Company through UEM Group Berhad’s group-wide Directors’ and Officers’ Liability Insurance maintains coverage throughout the financial year to indemnify directors and officers against any liability incurred by them in the discharge of their duties while holding office as directors and officers of the Company. (g) Subsistance allowance for business travel • Peninsular & East Malaysia – RM150 per day • Overseas – USD125 per day The Company would be seeking shareholders’ approval at the forthcoming Annual General Meeting for the payment of Directors’ benefits for items (a) to (c) of the above table. Description Directors’ benefits (d) Medical benefits for Board members Where a Director sits on several boards within the UEM Group of Companies, he will only be entitled to claim medical benefits from one (1) company only. (i) Medical coverage of RM7,000.00 per annum, inclusive of outpatient, clinical, specialist and dental; and (ii) Hospitalisation of RM100,000.00 per annum including room and board at RM500.00 per day (c) Car allowance for Chairman of UEM Edgenta RM3,400 per month BOARD LEADERSHIP & EFFECTIVENESS (CONT’D) Corporate Governance Overview Statement