Board Diversity Policy
Global Investments Limited (“GIL”) recognises and embraces the benefits of having a diverse board of directors (“Board”), and endeavours to include a broad range of factors in its selection of directors. The Company believes that a diverse Board will contribute to the achievement of its strategic and commercial objectives, including to:
drive business results;
make corporate governance more effective;
enhance quality and responsible decision-making capability;
ensure sustainable development; and
enhance the reputation of the Company.
This Policy applies to the Board. It does not apply to diversity in relation to the employees of the Company or the employees of the Manager of the Company.
The Nomination and Governance Committee (“NGC”) reviews and assesses the Board composition on behalf of the Board and recommends the appointment of appropriately qualified persons to occupy Board positions when necessary.
While all appointments to the Board will continue to be made on merit, the Board will consider the balance of skills, experience, independence and knowledge of the Company on the Board, and the diversity representation of the Board. Criteria such as skill sets, regional and industry experience, cultural and geographical background, age, religion, ethnicity, race and gender will be considered in determining the optimum composition of the Board and when possible should be balanced appropriately.
The Board will ensure that no person is discriminated against on grounds of religion, race, gender, pregnancy, childbirth or related medical conditions, national origin or ancestry, marital status, age, sexual orientation, or any other person or physical attribute which does not speak to such person’s ability to perform as a Board member.
The NGC will discuss and agree annually the criteria for achieving diversity on the Board and recommend them to the Board for adoption. At any given time the Board may seek to improve one or more aspects of its diversity and measure progress accordingly.