Lenovo 2015 Annual Report Download - page 49
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47
2014/15 Annual Report Lenovo Group Limited
Key Features of the Board Composition
•The current composition of the Board exceeds the requirements under rule 3.10A of the Listing Rules,
as more than half of its members are independent non-executive directors, thus exhibiting a strong
independent element which enhances independent judgement.
•Mr. Nicholas C. Allen, an independent non-executive director of the Company, has the appropriate
professional qualifications, or accounting or related financial management expertise, as required under the
Listing Rules.
•Mr. Grabe, an independent non-executive director of the Company was appointed as the Lead
Independent Director for enhancing corporate governance of the Company. The roles and responsibilities
of the Lead Independent Director are set out on page 48 of this report.
•The Company has maintained on its website and Hong Kong Exchanges and Clearing Limited’s website
(the “HKEx’s website”) an updated list of its directors identifying their roles and functions and whether
they are independent non-executive directors.
•Independent non-executive directors are also identified as such in all corporate communications that
disclose the names of directors of the Company.
•Mr. Zhu Linan and Mr. Zhao John Huan, non-executive directors of the Company, also serve on the board
of directors of Legend Holdings Corporation, which company held approximately 30.60% of the total
number of shares in issue of the Company as at March 31, 2015 according to the interest as recorded
in the register maintained under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong
Kong) (the “SFO”) (details are set out on page 81 of this report).
•To the best knowledge of the Board members, there are no other relationship among the members of
the Board as of the date of this annual report except for the relationships (including financial, business,
family, and other material and relevant relationships) as mentioned in this report and in the biographies of
directors set out on pages 125 to 127 of this annual report.
•The Board adopted a Board diversity policy (the “Board Diversity Policy”) which relates to the selection
of candidates for the Board. A summary of the Board Diversity Policy including the views and measurable
objectives is set out on page 49 of this report.