2020 ASEAN Corporate Governance Scorecard

Level 1 PRIMARY CGS SECTIONS
E.2.14

Is the Remuneration Committee comprised of a majority of independent directors/commissioners?

Response

YES. On May 6, 2019 the Corporate Governance Committee inherited the functions & responsibilities of the Compensation and Remuneration Committee as aligned with the SEC Code of Corporate Governance. The Corporate Governance committee is composed of a majority of independent directors.                                      

Good Governance Department

Joseph D. Susa
Tel: (+632) 8888-3942
Email: [email protected]