Annual Report 2025

127 2025 Annual Report Transport International Holdings Limited The Roles of Chairman and Managing Director The Chairman and the Managing Director are two distinct posts, separately held by Dr Norman LEUNG Nai Pang, GBS, JP, an Independent Non-executive Director, and Mr Roger LEE Chak Cheong, an Executive Director. Neither of them has any financial, business, family or other relationships with each other. There is a clear distinction between the roles of the Chairman and the Managing Director. The respective responsibilities of the Chairman and the Managing Director are defined in writing and summarised below: The responsibilities of the Chairman are, among other things, to: Chair the Board and shareholders’ meetings (ensuring that the views and concerns of Board members and shareholders are expressed at these meetings); Ensure the effective operation of the Board and the timely discussion of all major and appropriate matters; Ensure that all Directors receive adequate, accurate, clear, complete and reliable information in a timely manner; Facilitate effective communication with shareholders and ensure that their views are adequately reflected to the Board; and Ensure that all corporate governance practices adopted by the Board are implemented. The responsibilities of the Managing Director are, among other things, to: Realise the long-term objectives and priorities set by the Board by developing and implementing the Group’s policies and strategies; Provide the Board with salient, accurate, timely and succinct information to monitor Management’s performance; Lead an effective and professional executive team in managing the Group’s daily operations; Closely monitor the operational and financial results in accordance with plans and budgets; Maintain regular dialogue with the Chairman on important and strategic issues faced by the Group, and bring the same to the Board’s attention; Put adequate operational, planning, legal and financial control systems in place; and Manage the Company’s relationships with its diverse stakeholders. The Chairman also meets with the Independent Non-executive Directors once a year, in the absence of the Non-executive Directors and the Executive Director, to discuss the Group’s business affairs. In 2025, the meeting was held on 18 December 2025.