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CORPORATE
GOVERNANCE
Guideline Questions How has the Company complied?
Guideline
5.1 BOARD EVALUATION
Guideline (a) What was the process upon which the For FY2015, the Board engaged the assistance of Aon Hewitt
2.1 Board reached the conclusion on its Singapore Pte Ltd as independent external consultants to facilitate
Guideline performance for the financial year? the annual evaluation process on the effectiveness of the Board and
2.3 the Board Committees. The evaluation included a review of detailed
questionnaires completed by each Director, which invited feedback
on key areas such as the adequacy of the Board composition; the
relationship between the Board and Management, including the
level of engagement and flow of information; Board processes,
including level and timeliness of information provided to the Board;
managing the Company’s performance; the effectiveness of Board
Committees; and risk management. The evaluation process also
included individual interviews with each Director.
Feedback and comments received from the Directors are reviewed
by the NC in consultation with the Chairman of the Board, and
tabled to the Board for discussion.
(b) Has the Board met its performance Based on the NC’s review, the Board and the various Board
objectives? Committees operate effectively, and each Director is contributing to
the overall effectiveness of the Board.
INDEPENDENCE OF DIRECTORS
Does the Company comply with the guideline Yes. The current StarHub Board comprises 12 non-executive
on the proportion of independent directors on Directors of whom six are independent, representing more than
the Board? If not, please state the reasons for one-third of the Board.
the deviation and the remedial action taken by
the Company.
(a) Is there any director who is deemed to be Mr Peter Seah Lim Huat (NC and Executive Remuneration and
independent by the Board, notwithstanding Compensation Committee (ERCC) Chairman) and Mr Sio Tat Hiang
the existence of a relationship as stated in (NC member and ERCC members) are not considered independent
the Code that would otherwise deem him within the meaning of the Code given their directorships at STT
not to be independent? If so, please identify Communications Limited, a holding company of StarHub. After
the director and specify the nature of such due consideration, the Board and the NC are of the view that such
relationship. appointments do not interfere with the exercise of independent
judgement by Mr Seah and Mr Sio on the Board or prevent them
from acting objectively in the best interests of the Group in
carrying out his duties. The Board and the NC further note that
Mr Seah and Mr Sio are not involved in the day-to-day running
of the Group’s business and operations, and are independent of
Management, with a clear separation of role from Management in
the deliberations of the NC and ERCC.
(b) What are the Board’s reasons for Please see above.
considering him independent?
Please provide a detailed explanation.
