DECISION-MAKING MECHANISM OF THE BOARD OF DIRECTORS
TTC AgriS aims to build a “well-structured” BOD with “needed competencies and professionalism” according to the Principles of Best Corporate Governance:
For each policy of the Company to be approved, our BOD operates on majority vote decisions, with each Director to have one vote with respect to any matter to be considered by the Board, except for those in which the Directors have relevant interests. 2/5 (40%) of BOD members (the Chairlady and 1 Member of the BOD) are female.
The scope of decision-making by special committees: The Committees will undertake technical assessment and provide advice to our BOD on major decisions, based on BOD’s assignment and delegation of responsibilities.
The BOD has introduced procedures for managing conflicts of interest wherein any Director or member of the Board of Management with a potential conflict of interest is obligated to report relevant information to be reviewed by our BOD at board meetings for decisions with regard to the matter in subject to prevent such conflicts as prescribed.
| No. | Board member | Title | Audit committee | Strategy committee | Nomination and Remuneration committee |
|---|---|---|---|---|---|
| 01 | Mrs. Dang Huynh Uc My | Chairlady | - | Chairlady | Member |
| 02 | Mrs. Huynh Bich Ngoc | Member of the BOD | - | - | - |
| 03 | Mr. Tran Tan Viet | Member of the BOD | - | Member | - |
| 04 | Mr. Tran Trong Gia Vinh | Independent member of the BOD | Member | - | Chairman |
| 05 | Mr. Le Quang Phuc | Independent member of the BOD | Chairman | - | - |
