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Annual Report 2013 LifeBrandz Ltd
Risk Management
The Group has established a risk identifcation and management framework. With the aforesaid framework, the Group
identities key risks and undertakes appropriate measures to control and mitigate these risks. The Group will reviews
regularly all signifcant control policies and procedures, and highlight all signifcant matters to the AC and the Board.
Summary of Committee Meetings
The number of Board and Board Committeemeetings held during the fnancial year ended 31 July 2013 and the attendance
of each Director where relevant is as follows:
Board
Audit
Committee
Nominating
Committee
Remuneration
Committee
No. of meetings held 4 4 1 1
No. of meetings attended by respective Directors:
Lee Shieh-Peen Clement (1) 2 N.A. N.A. N.A.
Lim Miang Bernard 4 N.A. N.A. N.A.
Chong Sien ChernCedric (2) 2 N.A. N.A. N.A.
Thomas Carlton Thompson III 4 4 1 1
Lim Kee Way Irwin 4 4 1 1
Wong Kok Hoe 4 4 1 1
(1) Mr Lee Shieh-Peen Clement resigned as Executive Chairman and Executive Director on 18 April 2013.
(2) Mr Chong Sien Chern Cedric was appointed as Executive Director on 22 May 2013.
CORPORATE GOVERNANCE STATEMENT