“The Board Charter which was adopted by the Board of Velesto Energy Berhad on 30 April 2014 is aimed at ensuring that all Directors acting on behalf of the Company are aware of their duties and responsibilities as Board members and the various legislation and regulations affecting their conduct. It also ensures that the principles and practices of good Corporate Governance are applied in all their dealings in respect of and on behalf of the Company. The Board Charter provides a guidance to Directors in recognizing and managing ethical issues, provides mechanism to report unethical conduct and helps foster a culture of honesty and accountability.

The Terms of Reference of the respective Board Committees set out the objective, scope, roles and responsibilities of the respective Board Committees”.

BOARD CHARTER
TOR BNRC
TOR BRMC
TOR BWBC
TOR BAC
Remuneration Policy and Procedures for Non-Executive Directors