The Directors’ Remuneration Policy (“the Policy”) is to set an appropriate level of remuneration that allows Eco World Development Group Berhad (“EcoWorld Malaysia”) to attract and retain the services of a suitable number of talented and well-qualified directors in line with the long-term business strategies of EcoWorld Malaysia.
This Policy applies to Executive Directors and Non-Executive Directors of EcoWorld Malaysia.
Stewardship
Focus on long-term sustainable performance.
Executive Directors may receive other benefits that are considered to be appropriate in terms of the individual’s role.
The level of bonus payable may vary depending on the job performance.
Benefits
Non-Independent Non-Executive Directors are provided with group insurance coverages which include Group Term Life, Group Hospital & Surgical and Group Personal Accident. They may also receive other benefits such as security services.
The Remuneration Committee shall review and assess the effectiveness and continued relevance of this Policy periodically. Any revisions to the Policy as recommended by the Remuneration Committee will be submitted to the Board for consideration and approval.