77 Annual Report 2024 Directors’ Development The Nominating and Remuneration Committee (NRC) ensures that the Manager has a training framework to equip Directors with the necessary knowledge and skills to understand the CICT Group's business and discharge their duties and responsibilities as Directors (including their roles as executive, non-executive and IDs). Directors who have no prior experience as a director of an issuer listed on SGX-ST will undergo training on the roles and responsibilities of a director of a listed issuer as prescribed by the SGX-ST. The costs of training of all Directors are borne by the Manager. Each newly appointed Director is provided with a letter of appointment and a Director’s Manual (containing a broad range of information relating to Directors’ roles and responsibilities and the Manager’s policies on disclosure of interests in securities, conflicts of interests and securities trading restrictions). All Directors undergo an induction programme which focuses on orientating the Director to CICT’s business, operations, policies, strategies, financial and governance practices, and includes visits to CICT’s properties. Directors are provided with opportunities for continuing education in areas such as director’s duties and responsibilities, laws and regulations, risk management and accounting standards, industry related matters and sustainability (including sustainability training as prescribed under the Listing Manual) so as to be updated on matters that enhance their performance as Directors or Board Committee members. Directors can also request for training in any other area or recommend specific training and development programmes to the Board3. In FY 2024, the training and professional development programmes for the Directors included seminars and training sessions conducted by experts and senior business leaders on cyber security, ESG and sustainability. Board Committees The Board has established various Board Committees to assist in the discharge of its functions. These Board Committees are the Audit and Risk Committee (ARC), the Executive Committee (EC) and the NRC. Each Board Committee has clear written terms of reference (setting out its composition, authorities and duties, including reporting back to the Board) and operates under delegated authority from the Board with the Board retaining overall oversight. The decisions and significant matters discussed at Board Committees meetings are reported to the Board on a periodic basis, and minutes of such meetings are circulated to all Board members. The composition of the various Board Committees as at 28 February 2025 (being the latest practicable date prior to the issuance of this annual report) is set out in the table below. 3 The Board considers all Board members’ views and feedback in recommending training and professional development programmes for the Board and the Directors. Hence, any Director may recommend specific training and development programmes which he/she believes would benefit the Directors or the Board. The review of training and professional development programmes is done by the Board as a whole, and this function was not delegated to the NRC. While this is a partial deviation from Provision 4.1(c) which requires the NRC to review and make recommendations to the Board on the training and professional development programmes for the Board and its Directors, this is consistent with the intent of Principle 4 of the Code. Board Members Audit and Risk Committee Executive Committee# Nominating and Remuneration Committee Teo Swee Lian, C – – C Tony Tan Tee Hieong, CEO – M – Quek Bin Hwee C – – Leo Mun Wai M – – Jeann Low Ngiap Jong M – – Stephen Lim Beng Lin – – M Tan Boon Khai M – – Jonathan Yap Neng Tong – C M Janine Gui Siew Kheng – M – Denotes: C – Chairman M – Member CEO – Chief Executive Officer # Given the nature and scope of the work of the EC, their business was discussed/transacted primarily through conference call, correspondence and informal meetings.
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