VTECH APPROACH
Corporate Governance and
Risk Management
As a global company that puts focus on
sustainable growth, we are committed
to designing, manufacturing and
supplying innovative and high quality
products in a manner that minimises
environmental impacts, while fulfilling
our responsibility to, and providing
value for our stakeholders and the
community. To achieve these goals, the
Group has put in place broad ranging
and in-depth governance structures
and risk management processes.
Corporate Governance
VTech Holdings Limited is incorporated
in Bermuda and has its shares listed
on the Stock Exchange. The corporate
governance rules applicable to the
Company are the Corporate Governance
Code as set out in Appendix 14 to the
Rules Governing the Listing of Securities
on the Stock Exchange.
Board of Directors and
its Committees
The Board of Directors (the “Board”)
focuses on the formulation of business
strategy and policy, and control.
Matters reserved for the Board are
those affecting the Company’s
overall strategic policies, finances
and shareholders. These include, but
are not restricted to, deliberation of
business plans, risk management,
internal controls, preliminary
announcements of interim and
final results, dividend policy, annual
budgets, major corporate activities
such as material acquisitions and
disposals, and connected transactions.
The Board has established an Audit
Committee, a Nomination Committee,
a Remuneration Committee and a
Risk Management and Sustainability
Committee (RMSC) to assist and
support the Board operations.
For full details of the corporate
governance practice of the Group,
please refer to the corporate
governance section included in our
Annual Report 2014.
Remuneration
Committee
Nomination
Committee
Risk Management
and Sustainability
Committee (RMSC)
Audit
Committee
Board of
Directors
VTech Holdings Limited
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