Trimetys Group - Annual Report 2020

Corporate governance

Principle 2 The Structure of the Board and its Committees

Board Structure & Size Trimetys Ltd had a unitary Board of 5Directors, all residing in Mauritius, including 2 Executive Directors, 2 Non-Executive Directors and 1 Independent Non-Executive Director as at 31 December 2020.

Mr Ganeshanlall Cheeneebashwas appointedon 26May 2021 as Non-Independent Non-Executive Director on the Board of the Company as a representative of the State Investment Corporation Limited. The Board has ensured that its members have a mixed set of skills, experience and are characterised by their profes- sional abilities, integrity and independence of opinion. The appointment of another Independent Director is inprogress.

Composition of the Board

Date of appointment

Status of directorship

Name

Gender

Residence

Georges Talbotier

Male

Mauritius

10 January 2015

Executive Director

Kian Jhuboo

Male

Mauritius

13 January 1999 Executive Director

Ezra Jhuboo

Male

Mauritius

13 January 1999 Non-Executive Director

Jayeen Jhuboo

Male

Mauritius

13 January 1999 Non-Executive Director

Catherine Gris

Female

Mauritius

10 October 2018 Independent Director

A brief profile of each of the Directors of the Company is available on pages 18 and 19 of this Annual Report.

Board Committees Until the current financial year, audit management issues were handled by the Board. However, to better align with the recommendations of the Code, the Board is currently working on setting up an Audit Committee. Board Meetings & Attendance The general policy is to hold at least two Board meetings annually. However, additional meetings are convened from time to time, as and when required. For the year under review, the Board held three sittings on 2 September 2020, 18 September 2020 and 22 Dece ber 2020 respectively.

All Executive Directors, Non-Executive Directors and the Independent Non-Executive Director attended the Board meetings. Role & Function of the Managing Director & Group Chief Executive Officer Mr Georges Talbotier, theManagingDirector andGroupChief Executive Officer, is in charge of the day-to-day affairs of the Group. Together with the other Executive Director, Mr Kian Jhuboo, and the senior management team, he works to implement the Board’s strategy and policy.

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