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GOVERNANCE
Axiata Group Berhad | Annual Report 2016
085
OpCos
A remuneration and benefits policy was formulated for NEDs of the Group based on annual revenue per annum of the OpCos, The policy serves as a guidance
and is applicable to active companies in Axiata Group. Its application is subject to compliance with local laws, joint venture and/or shareholders’ agreement,
listing rules and other internal requirements and is approved by the respective OpCo.
The following table outlines the remuneration structure for NEDs of the Group:-
Meeting Attendance per Meeting
(MYR unless indicated otherwise)
Company
Designation
Monthly Fees
(MYR unless
indicated
otherwise)
Board of
Directors
BAC
BNC/BRC
Executive
Committee
Other Board
Committees
Celcom
NEC
12,000.00
2,000.00
2,000.00
1,000.00
-
750.00
NED
8,000.00
1,500.00
1,500.00
750.00
-
500.00
XL
President
IDR100M
IDR5M
-
-
-
-
BOC, Member
IDR70-100M
IDR5M
-
-
-
-
BAC, Member
IDR60M
-
-
-
-
-
Dialog
NEC
USD975.00
USD975.00
(AGM: USD650.00)
USD975.00
USD490.00
(BNC & BRC)
USD490.00
USD390.00
NED
USD750.00
USD750.00
(AGM: USD500.00)
USD750.00
USD375.00
(BNC & BRC)
USD375.00
USD300.00
Robi
NEC
USD2,500.00
USD300.00 USD300.00
USD150.00
(BRC Only)
-
-
NED
USD2,000.00
USD200.00 USD200.00
USD100.00
(BRC Only)
-
-
Ncell
NEC
USD2,500.00
USD300.00 USD300.00
USD150.00
(BRC Only)
-
-
NED
USD2,000.00
USD200.00 USD200.00
USD100.00
(BRC Only)
-
-
edotco
NED
8,000.00
1,000.00
1,000.00
750.00
-
350.00
NEC
6,000.00
700.00
700.00
500.00
-
250.00
Smart
NEC
USD1,200.00
USD300.00 USD300.00
USD150.00
-
-
NED
USD1,200.00
USD300.00 USD300.00
USD150.00
-
-
Axiata Digital
Advisory Board
NED
-
5,000.00
-
-
-
-
NED who is an employee of Axiata Group shall not be entitled to receive Fixed Fee and Meeting Allowance from all companies in which he/she is a Director.
Benefits
Overseas and in-country entitlements for travels, travel allowance for non-resident NEDs, mobile communication devices and telecommunication facilities.
NED shall be entitled to receive Fixed Fee and Meeting Allowance from all the companies within Axiata Group in which he/she is a Director but shall be entitled
to receive the benefits from one company only within Axiata Group. NED who is an employee of Axiata Group shall be entitled to receive the benefits from
one company only within Axiata Group.