The Directors are also regularly briefed on the development of the business activities of the Group. In order to ensure that the Board is able to fulfil its responsibilities, prior to the Board meetings, Management will provide the members of the Board with management accounts, as well as relevant background information and documents relating to items of business to be discussed at a Board meeting. Separate and Independent Access The Independent Directors have separate and independent access to senior Management of the Company and other employees to seek additional information, if required. To facilitate such access, the contact particulars of senior Management have been provided to the Directors. Directors have the right to seek independent professional advice, if required or as and when necessary, to enable them to discharge their duties and responsibilities effectively. The costs of such independent professional advice will be borne by the Company. Provision 1.7 The Directors have separate and independent access to the Company Secretary at all times. The Company Secretary has the responsibility to ensure that Board procedures are followed and that all applicable rules and regulations including requirements of the Securities and Futures Act 2001, the Act and the SGX-ST Listing Manual, are complied with. The Company Secretary will assist the Chairman and the Board to implement and strengthen corporate governance practices, with a view to enhancing long-term shareholder value. Either one or both of the Company Secretary will be in attendance at meetings of the Board and Board Committees and prepare minutes of meetings. The Company Secretary will assist the Board Chairman, the Chairman of each Board Committee and key management personnel in the development of the agenda for the various Board and Board Committee meetings. The appointment and removal of the Company Secretary should be a matter for the Board as a whole. Board Composition and Guidance Principle 2: The Board has an appropriate level of independence and diversity of thought and background in its composition to enable it to make decisions in the best interests of the company. As at 30 September 2025, the Board comprises seven (7) members of whom one (1) is Non-Executive and Non-Independent Director, two (2) are Executive Directors and four (4) are Independent Directors, as follows: Leo Ting Ping Ronald Non-Executive and Non-Independent Chairman Xu Quanqiang Executive Director and Interim Chief Executive Officer Er Ang Hooa Executive Director Fong Heng Boo Lead Independent Director Chong Wai Siak Independent Director Koh Tee Huck Kenneth Independent Director Wong Ee Kean Independent Director A majority of the Directors are non-executive and include professionals with relevant industry knowledge and experience, accounting and finance, legal, business and management experience, and strategic planning experience. This provides Management with the benefit of an external diverse and objective perspective of issues that are brought before the Board. Board Independence Under Provision 2.1 of the Code, an “independent” director is one who is independent in conduct, character and judgement, and has no relationship with the company, its related corporations, its substantial shareholders or its officers that could interfere, or be reasonably perceived to interfere, with the exercise of the director’s independent business judgement in the best interest of the company. Provision 2.1 Rule 210(5)(d) of the Listing Manual of the SGX-ST also sets out circumstances under which a director will not be independent. ANNUAL REPORT 2025 KEONG HONG HOLDINGS LIMITED 27 CORPORATE GOVERNANCE REPORT
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