Annual Report 2021

060 Corporate Governance Report Annual Report 2021 Miramar Hotel and Investment Company, Limited Dividend Policy The dividend policy of the Company is to allow its shareholders to participate in the Company’s profits whilst to retain adequate reserves for future growth. Pursuant to the Dividend Policy, the Board may propose/declare the payment of dividend after taking into account the following factors: (1) the actual and expected financial performance of the Company and its subsidiaries; (2) economic conditions and other internal or external factors that may have an impact on the business or financial performance and position of the Group; (3) the Group’s business strategies, including future cash commitments and investment needs to sustain the long-term growth aspect of the business; (4) the current and future operations, liquidity position and capital requirements of the Group; and (5) any other factors that the Board deems appropriate. Attendance Record of the Meetings The number of meetings held by the Board, the Committees and the Company during the year ended 31 December 2021 and the attendance of directors are set out in the table below: Meetings attended/held Directors Board Audit Committee Remuneration Committee Nomination Committee 2021 Annual General Meeting Executive Directors Dr LEE Ka Shing 4/4 N/A 1/1 1/1 1/1 Mr Richard TANG Yat Sun 4/4 N/A 1/1 N/A 1/1 Dr Colin LAM Ko Yin 4/4 N/A N/A N/A 1/1 Mr Eddie LAU Yum Chuen 4/4 N/A N/A N/A 1/1 Mr Norman HO Hau Chong 4/4 N/A N/A N/A 1/1 Non-Executive Directors Dr Patrick FUNG Yuk Bun 4/4 6/6 N/A N/A 1/1 Mr Dominic CHENG Ka On 4/4 6/6 N/A N/A 1/1 Independent Non-Executive Directors Dr David SIN Wai Kin 4/4 6/6 1/1 1/1 1/1 Mr WU King Cheong 4/4 6/6 1/1 1/1 1/1 Dr Timpson CHUNG Shui Ming 4/4 6/6 1/1 1/1 1/1 Mr Howard YEUNG Ping Leung 4/4 N/A N/A N/A 1/1 Mr Thomas LIANG Cheung Biu 4/4 N/A N/A N/A 1/1 Mr Alexander AU Siu Kee 4/4 N/A N/A N/A 1/1