Lenovo 2015 Annual Report Download - page 60

58 Lenovo Group Limited 2014/15 Annual Report
CORPORATE GOVERNANCE REPORT
Board Process
The Board recognises the importance of providing timely and appropriate information to directors so as to enable
them to make informed decisions and to perform their duties and responsibilities effectively.
BOARD
MEETING
• Pursuant to the Articles of Association
that, unless otherwise permissible in
the Articles of Association, a director
shall not vote on any resolution of
the Board approving any transaction,
arrangement, contract or other
proposal in which he/she is materially
interested nor shall he/she be counted
in the quorum present at the meeting.
• Minutes of Board meeting recorded in
sufficient detail the matters considered
by the Board and decisions reached,
including any concerns raised
by directors or dissenting views
expressed.
• Minutes of Board meeting were
circulated to the respective Board
members for comment where
appropriate and duly kept in minutes
book for inspection by any director.
Dispatch Board papers to
directors
• Agenda and supporting
documents 7 days, with
updated financial figures 3 days
(or other reasonable period) prior
to the meeting
Dispatch Board papers to
directors
• Generally, not less than 3 days
(or other reasonable period)
before the meeting
• If appropriate, one-on-one
briefing offered to each director
prior to the meeting
Convene Board Meeting
• Notice of not less than 7 days
(or other reasonable period) be
given
Meeting agenda and notice
• Finalized by the Chairman
in consultation with Board
members
• Notice of not less than 30 days
be given
The Board meets at least 4
times a year at approximately
quarterly intervals
• To review financial performance,
strategy and operations
Regular Board Meeting
Meeting dates are set 2 years
in advance
• To facilitate maximum
attendance
Other Board Meeting
• To consider ad hoc matters