RENUKA CITY HOTELS PLC. — Governance risk

Governance risk — RENUKA CITY HOTELS PLC.

Board composition, director tenure and turnover, committee effectiveness, succession gaps.

Model weight: 25% of the total score.

Signals in this category

13.7

High (13.7)

From the annual recalculation record for FY2018.

Consumer Services sector average for FY2018: 15.2 — this company is below the sector average.

Severity	Signal	Points	Year	Source section	Evidence
Low	no female directors	+1	2026	—	View evidence No female directors on 9-member board
Low	low independent directors	+2	2026	—	View evidence Independent directors 11.1% (below 33%)
Low	no female directors	+1	2024	—	View evidence No female directors on 9-member board
Low	low independent directors	+2	2024	—	View evidence Independent directors 11.1% (below 33%)
Low	no female directors	+1	2023	—	View evidence No female directors on 9-member board
Low	low independent directors	+2	2023	—	View evidence Independent directors 11.1% (below 33%)
Low	no female directors	+1	2022	—	View evidence No female directors on 9-member board
Low	low independent directors	+2	2022	—	View evidence Independent directors 11.1% (below 33%)
Low	no female directors	+1	2021	—	View evidence No female directors on 8-member board
Low	low independent directors	+2	2021	—	View evidence Independent directors 12.5% (below 33%)
Low	no female directors	+1	2020	—	View evidence No female directors on 8-member board
Low	low independent directors	+2	2020	—	View evidence Independent directors 12.5% (below 33%)
Low	no female directors	+1	2019	—	View evidence No female directors on 6-member board
Low	low independent directors	+2	2019	—	View evidence Independent directors 0.0% (below 33%)
Low	no female directors	+1	2018	—	View evidence No female directors on 4-member board