CAPITAL WORLD LIMITED ANNUAL

Risk Management

Risk Management Succession planning The Board currently does not evaluate the Quantitative Board and Board Committees based on quantitative criteria as the Board is of the opinion that it is more important to evaluate the Board and Board Committees on their ability to provide guidance to the Management in relation to strategic planning and the development of the business of the Group. However, the Board will keep in view and consider including quantitative criteria in future evaluations where appropriate. The NC would review the criteria on a periodic basis to ensure that the criteria is able to provide an accurate and effective performance assessment taking into consideration industry standards and the economic climate with the objective to enhance long term shareholders value, thereafter propose amendments if any, to the Board for approval. 38 CAPITAL WORLD LIMITED CORPORATE GOVERNANCE REPORT Provision Code Description Company’s Compliance or Explanation 5.2 The company discloses in its annual In FY2024, the review process was as follows: report how the assessments of the Board, its board committees and each director 1. All Directors individually completed a board and board committee have been conducted, including the performance evaluation on the effectiveness of the Board and identity of any external facilitator and its the Board Committees, the individual Directors based on criteria connection, if any, with the company or disclosed in Table 5 above; any of its directors. The results of such assessment were collated and submitted to the NC Chairman who reviewed it together with the NC; and The NC discussed the report and where applicable considered any appropriate follow up actions to be undertaken. No external facilitator was used in the evaluation process. REMUNERATION MATTERS Procedures for Developing Remuneration Policies Principle 6: The Board has a formal and transparent procedure for developing policies on director and executive remuneration, and for fixing the remuneration packages of individual directors and key management personnel. No director is involved in deciding his or her own remuneration. 6.1 The Board establishes a Remuneration The RC is guided by key terms of reference as follows: Committee (“RC”) to review and make recommendations to the Board on: (a) Reviewing and recommending annually to the Board, the framework of remuneration and