Introduction

Emico Holdings Berhad (“the Group”) recognises that gender diversity together with equitable representation at Board level is an essential element of good governance and a critical attribute of a well-functioning board and for maintaining a competitive advantage. A diverse Board enhances decision-making capability and is more effective in dealing with organizational changes.

Objective and Principles

This Gender Diversity Policy (“this Policy”) provides a framework for the Group to improve its gender diversity at Board and senior management level. The Group acknowledges the importance of promoting gender diversity at Board and senior management level and will actively work towards having more female Directors on the Board and senior management. The Group has set the Board composition with minimum of 1 female Director for the coming financial year.
In assessing the Board and senior management’s composition and Board effectiveness, the Board shall accord due consideration to gender diversity, required mix of skills, experience, independence and other qualities, including core competencies, commitment, integrity and/or other commitments to the Board.

Measures

  • To pursue the objectives of gender diversity, the Board will take into consideration the following measures:
  • The Nomination Committee (“NC”) and the Board shall nominate or appoint a gender diverse Board with a broad spectrum of perspectives, including but not limited to education background, age, ethnicity, skills, knowledge, expertise, experience, competencies, integrity and/or other commitments that the candidate will bring to complement the Board.
  • The NC is responsible in ensuring that gender diversity objective is adopted in the Board recruitment and succession planning processes.
  • The Group shall adopt a more accommodating boardroom culture and environment that is free from discriminations to attract and retain female participation at the Board level.

Review and Disclosure

This Policy shall be disclosed in the annual report of the Company in accordance with the best practices of the Malaysian Code on Corporate Governance.
The Board will review and assess the effectiveness of the Policy from time to time to ensure that the Policy remains relevant and viable to meet its objective.