At Prestige International, the Board of Directors Secretariat distributes a questionnaire to all directors and all auditors and summarizes the questionnaire results, which are then analyzed and evaluated by the Board of Directors.
The results of the questionnaire from May 2022 found the status of the board’s composition, operation, and deliberations was appropriate overall, and the board was evaluated as effectively fulfilling its role and functions.
Summarizing the results of this year’s evaluation, the board found that the issues identified from the questionnaire of the previous year—further refinement of proposals and time allocation—have been resolved. However, with regard to specific proposals and issues regarding the number and composition of directors and securing time for deliberations, improvements need to continue, and the plan is to further enhance the effectiveness of the Board of Directors while also enhancing deliberations.
Comparison of questionnaire results for 2021 and 2022