NAMUNUKULA PLANTATIONS PLC — Governance risk

Governance risk — NAMUNUKULA PLANTATIONS PLC

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

Model weight: 25% of the total score.

Signals in this category

0.0

None (0.0)

From the annual recalculation record for FY2017.

Food, Beverage & Tobacco sector average for FY2017: 9.2 — 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 26-member board
Low	low independent directors	+2	2026	—	View evidence Independent directors 19.2% (below 33%)
Low	no female directors	+1	2024	—	View evidence No female directors on 25-member board
Low	low independent directors	+2	2024	—	View evidence Independent directors 12.0% (below 33%)
Low	no female directors	+1	2022	—	View evidence No female directors on 2-member board
Low	low independent directors	+2	2022	—	View evidence Independent directors 0.0% (below 33%)
Low	no female directors	+1	2020	—	View evidence No female directors on 1-member board
Low	low independent directors	+2	2020	—	View evidence Independent directors 0.0% (below 33%)
Low	audit committee effectiveness	+2	2014	audit committee	View evidence No independent members disclosed in audit committee (1 members)
Low	audit committee frequency	+2	2014	audit committee	View evidence Audit committee meeting frequency not disclosed
Low	remuneration committee effectiveness	+2	2013	remuneration committee	View evidence Remuneration committee charter not disclosed
Low	audit committee effectiveness	+2	2013	audit committee	View evidence Audit committee charter not disclosed
Low	audit committee frequency	+2	2013	audit committee	View evidence Audit committee meeting frequency not disclosed