Governance Structure

GOVERNANCE STRUCTURE

Board of Directors (BOD) & Executive Committee

II.

Sustainability Committee

III.

Risk Management Steering Committee

IV.

Functional Teams

Our Corporate Governance has a strong foundation that contributes to not only corporate prosperity but also to our responsibility. In sustainability management, our corporate governance is to focus on the realization of our purpose that impacts positively our stakeholders. Our sustainability management involves setting our strategic goals and actions. The governance structure enables the top management to keep track of our attainment of goals, they supervise the management and communicate with our stakeholders about our performance and stewardship of the environment and our communities.

The Board of Directors and Executive Committee Members*:

(back, from left to right) Mr. Ross Chow, Ms. Ophelia Ng, Mr. Brad Kininmonth, Mr. Noel Wong, Ms. Lilian Wong
(front, from left to right) Mr. Eddy Tsang, Mr. Vincent Yu, Mr. Kevin Gluskie, Mr. David Hogan, Mr. Ivan Chan, Ms. Sim Soek Peng

*The Company’s Board of Directors and Executive Committee Members also include Mr. Angus Ng, who did not join the group photo.

The overall management of Alliance’s business is vested on the Board of Directors and the Executive Committee. Appointed by the shareholders, the Chairman of the Board provides leadership to, and overseeing the functioning of the Board to ensure that it acts in the best interest of Alliance. Delegated by the Board of Directors, the Sustainability Committee was established in 2022 to oversee the sustainability management. The objectives of the Committee are:

Determine the strategic direction and management approach of sustainability management that align with the policies of both shareholders,

Ensuring sustainability will be fully integrated into core business functions and processes,

Ensuring active engagement of stakeholders such as customers for focused efforts that generate mutual benefits, and

To monitor the implementation of sustainability policies, programs and initiatives that support the attainment of business goals.

The Risk Management Steering Committee which is chaired by the CEO and comprises of senior management members of Alliance is responsible for the execution of sustainability policies, strategies, and targets. The Committee drives the implementation of strategic actions and other sustainability programs through functional teams within the organization. Internal auditors are appointed for evaluation of performance and the compliance to applicable standards and requirements.

Being a joint-venture company Alliance is subject to a series of audits and controls by auditors from both shareholders to ensure the legal compliance and the adherence to the sustainability policies.

Regarding legal compliance, we consider the legal requirements as a baseline as we strive to operate to the highest possible standards. The ESG policies communicate clearly our commitment towards material sustainability aspects, while providing direction and guidance to all Alliance members to exercise due diligence and adhere to ethical business principles. Our Compliance Officer who reports directly to the Executive Committee is not only a gate keeper for our corporate governance policies, but he also coordinates with relevant legal parties and external experts for the training and promotion of legal compliance and ethical business enhancing the awareness of senior management and our employees.

The Ethics Hotline is a “whistleblowing” mechanism which enables employees and other persons an anonymous reporting means to report improprieties such as workplace bullying, harassment, and unlawful or unethical business practices.