Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 84

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 6
Chunk 84
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 from management.  

Nominating and Corporate Governance Committee

Our nominating and corporate governance committee
consists of three directors, namely (Kevin) Khor Chin Meng, (Julia) Yuen Ya Ting and Noor Amalina Binti Ali, and is chaired by (Julia)
Yuen Ya Ting. Our board of directors has determined that each of the directors satisfies the “independence” requirements of
Rule 10A-3 under the Exchange Act and Rule 5605 of the Nasdaq Marketplace Rules. The nominating and corporate governance committee
assists the board of directors in selecting individuals qualified to become our directors and in determining the composition of the board
and its committees. The nominating and corporate governance committee is responsible for, among other things:

  selecting and recommending to the board nominees for election by the shareholders or appointment by the board;                                                                                        
  reviewing annually with the board the current composition of the board with regards to characteristics such as independence, knowledge, skills, experience and diversity;                             
  making recommendations on the frequency and structure of board meetings and monitoring the functioning of the committees of the board; and                                                            
  advising the board periodically with regards to significant developments in the law and practice of corporate governance as well as our compliance with applicable laws and regulations, and maki...  

Duties of Directors

Under Cayman Islands law, our directors have a
fiduciary duty to our Company to act honestly, in good faith and with a view to our best interests. Our directors also owe to our Company
a duty to act with skill and care. It was previously considered that a director need not exhibit in the performance of his duties a greater
degree of skill than may reasonably be expected from a person of his knowledge and experience. However, English and Commonwealth courts
have moved towards an objective standard with regard to the required skill and care and these authorities are likely to be followed in
the Cayman Islands. In fulfilling their duty of care to us, our directors must ensure compliance with our memorandum of association and
articles of association. Our Company has the right to seek damages if a duty owed by our directors is breached. In limited exceptional
circumstances, a shareholder may have the right to seek damages in our name if a duty owed by our directors is breached.

A director who is in any way, whether directly
or indirectly, interested in a contract or proposed contract with our Company is required to declare the nature of his interest at a meeting
of our directors. A