including the composition and progressive renewal of the Board and each Director’s competencies, commitment, contribution and performance (eg. attendance, preparedness, participation and candour) including, if applicable, as an independent Director. All Directors will be required to submit themselves for re-nomination and re-appointment at regular intervals and at least once every three years; (c) determining annually, and as and when circumstances require, whether a Director (including an alternate Director) is independent, bearing in mind the circumstances set forth under the Code and any other salient factors; (d) assessing whether a Director is able to perform and has been adequately carrying out his duties as a director of the Company, taking into consideration the Director’s number of listed company board representations and other principal commitments and where necessary recommending to the Board guidelines to address the competing time commitments that are faced when Directors serve on multiple boards; (e) assessing and determining the independence status of the independent Directors; (f) reviewing vigorously the independence status of any independent Director serving the Board; (g) working with the Board to assess the effectiveness of the Board as a whole and the Board Committee and the contribution by each Director to the effectiveness of the Board; and (h) recommending to the Board how the Board’s performance may be evaluated and proposing objective performance criteria. Provision 4.2 (Composition of the NC) The NC comprises Mr Charles Antonny Melati, Mr Dhamma Surya, Mr Ali Hery, Mr David Yan Kin Pung and Mr Tai Mern Tze, the majority of whom, including the NC Chairman, are independent. The NC Chairman is Mr David Yan Kin Pung, the lead independent Director. Provision 4.3 (Process for the selection, appointment and reappointment of Directors) With respect to the selection and appointment of new Directors to the Board, the Company procures search services, contacts and recommendations for the purposes of identifying suitably qualified and experienced candidates. The NC reviews the resume of the candidates and considers their skills, knowledge and experience, interviews the short-listed candidates and recommends the most suitable candidate(s) to the Board for approval. Board appointments are made by way of a board resolution after the NC has, upon reviewing the resume of the proposed Director(s), conducting appropriate interviews and having regard to the Board diversity policy, recommended the proposed appointment(s) to the Board. Pursuant to the Constitution of the Company, each Director is required to retire at least once every three years by rotation, and all newly appointed Directors who are appointed by the Board are required to retire at the next annual general meeting of the Company following their appointment. The retiring Directors are eligible to offer themselves for re-election. The dates of initial appointment and last re-election of the Directors, together with their directorships in other listed companies and their principal commitments at the date of this Annual Report are set out below. Director Position Date of Initial Appointment Date of Last Re-election Directorships in other listed companies Other Principal Commitments Charles Antonny Melati Group Executive Chairman & CEO 24 May 2010 25 April 2025 - - Dhamma Surya Executive Director 24 May 2010 26 April 2024 - - David Yan Kin Pung Lead Independent Director 15 November 2023 26 April 2024 - Senior Vice President of ChemOne Singapore Pte Ltd Ali Hery Independent Director 1 June 2023 25 April 2025 - Crowe Indonesia, Risk Advisory and Consulting Tai Mern Tze Independent Director 2 March 2026 - - Derivatives Trading Director of VTMT Pte. Ltd. 29 GEO ENERGY | ANNUAL REPORT 2025
RkJQdWJsaXNoZXIy NTkwNzg=