2013 — Page 32

Yaumati Ferry 油蔴地小輪年報 All

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Hong Kong Ferry (Holdings) Company Limited Annual Report 2013

Corporate Governance Report (Continued)

DIRECTORS' INDUCTION AND

CONTINUOUS PROFESSIONAL DEVELOPMENT (Continued)

According to the records maintained by the Company, the current Directors received the following training(s) in

compliance with the new requirement of the Code regarding the training records receiving on continuous professional

development for the year ended 31 December 2013:-

BOARD OF DIRECTORS

Executive Directors

Type of trainings

DIRECTORS' AND OFFICERS' INSURANCE

The Company has arranged appropriate insurance cover in respect of potential legal actions against its Directors and

officers.

BOARD COMMITTEES

The Board has established three board committees, namely,

Audit Committee, Remuneration Committee and Nomination

Committee to oversee particular aspects of the Company's affairs. Each committee has been delegated with certain

functions of the Board.

Mr. Lam Ko Yin, Colin

a, b

Audit Committee

(Chairman of the Board)

Mr. Li Ning

a, b

Non-executive Directors

Mr. Au Siu Kee, Alexander

a, b, c

Mr. Lau Yum Chuen, Eddie

a, b

Dr. Lee Shau Kee

a, b

Mr. Wong Man Kong, Peter

a, b

Independent

Non-executive Directors

Mr. Ho Hau Chong, Norman

a, b, c

Mr. Leung Hay Man

a, b

Ms. Wong Yu Pok, Marina

a, b, c

Mr. Wu King Cheong

a, b

a: corporate governance

b: regulatory

c: accounting and finance

The Audit Committee of the Company has been established with written terms of reference setting out duties, responsibilities and authorities delegated to them by the Board. The Audit Committee comprises four Independent Non-executive Directors, namely, Mr. Ho Hau Chong, Norman (Chairman of the Audit Committee), Mr. Leung Hay Man, Ms. Wong Yu Pok, Marina and Mr. Wu King Cheong.

The terms of reference of the Audit Committee setting out its authorities, duties and responsibilities are available on

the websites of the Company (www.hkf.com) and the Stock Exchange (www.hkexnews.hk) respectively.

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