FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 122 HOW WE ARE GOVERNED REPORT ON THE BOARD GOVERNANCE & RISK MANAGEMENT COMMITTEE COMPOSITION AND MEETINGS Under its Terms of Reference, the Board Governance & Risk Management Committee shall comprise of not less than three (3) members whom shall be appointed from members of the Board, a majority of whom must be Independent Non-Executive Directors. The Board Governance & Risk Management Committee held six (6) meetings in 2016. The members of the Board Governance & Risk Management Committee during the financial year 2016 up to 22 March 2017 and the record of their attendance are as follows: Directors Date of appointment to the Board Governance & Risk Management Committee Designation Tenure in the Board Governance & Risk Management Committee Number of meetings attended in 2016 Tan Sri Dr. SulaimanMahbob (Independent Non-Executive Director) (Appointed as Member on 8April 2014) (Appointed as Chairman on 24 February 2015) Chairman Approximately 2 years 11 months 6out of 6 Dato' YahayaAbd Jabar (Senior Independent Non- ExecutiveDirector) 29August 2013 Member Approximately 3 years 7 months 6out of 6 Datuk Dr. Omar Salim (Non-Independent Non-Executive Director) 20 January 2015 Member Approximately 2 years 2 months 3out of 6 The full details of the Board Governance & Risk Management Committee's Terms of Reference are published in the Company's corporate website at www.feldaglobal.com . The Board Governance & Risk Management Committee's responsibilities are as follows: • In relation to governance and ethics, to direct and oversee the formulation of the Group's governance framework with a view to inculcate an ethical and governance climate consistent with the Board's risks appetite, guided by the Recommendations of MCCG 2012, to direct and oversee the formulation of the Group's programmes and policies to support the implementation of the Group's governance framework and endorse the blueprints and policies for the Board's approval, to review reports on the status and availability of related procedures by the Group's operations and subsidiaries to implement the Group's policies, to monitor the status and progress of formulation and implementation of the related governance framework, blueprints and policies; and accordingly report to the Board the status and to recommend to the Board the approval of and/or amendments to the Group's governance framework, blueprints and policies. Tan Sri Dr. Sulaiman Mahbob Chairman of Board Governance & Risk Management Committee Board Governance& RiskManagement Committee We are committed to continuously enhance governance and risk management. CORPORATE GOVERNANCE STATEMENT