CEYLON GUARDIAN INVESTMENT TRUST PLC — Governance risk

Governance risk — CEYLON GUARDIAN INVESTMENT TRUST PLC

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

Model weight: 25% of the total score.

Signals in this category

31.7

Elevated (31.7)

From the annual recalculation record for FY2019.

Diversified Financials sector average for FY2019: 18.7 — this company is above the sector average.

Severity	Signal	Points	Year	Source section	Evidence
Low	no female directors	+1	2026	—	View evidence No female directors on 15-member board
Low	no female directors	+1	2024	—	View evidence No female directors on 19-member board
Low	no female directors	+1	2023	—	View evidence No female directors on 15-member board
Low	no female directors	+1	2022	—	View evidence No female directors on 15-member board
Low	no female directors	+1	2021	—	View evidence No female directors on 14-member board
Low	no female directors	+1	2020	—	View evidence No female directors on 15-member board
Low	no female directors	+1	2019	—	View evidence No female directors on 10-member board
Low	no female directors	+1	2018	—	View evidence No female directors on 6-member board
Low	low independent directors	+2	2018	—	View evidence Independent directors 33.3% (below 33%)
Low	no female directors	+1	2016	—	View evidence No female directors on 5-member board
Low	low independent directors	+2	2016	—	View evidence Independent directors 20.0% (below 33%)