Page 25 - GROUP 3 NAKED HOTEL LIMITED ANNUAL REPORT

management, its outside advisors, and auditors. Directors are also briefed on the business and
updated from time to time on relevant changes to statutes and regulatory requirements applicable
to the Company’s business. In presenting the Annual Financial Statements and Quarterly
financial statements to Shareholders, it is the aim of the Board to provide Shareholders with
detailed analysis, explanations and assessment of the Company’s financial position and
prospects. Management currently provides the Board with appropriately detailed management
accounts of the Company’s performance, position, and prospects on a quarterly basis. All
Independent Directors have access to all levels of senior executives in the Company and are
encouraged to speak to other employees to seek additional information, if required.

Regular meetings of the Board are convened. Telephonic attendance and conference via audio-
visual communication at Board meetings are allowed under the Company’s Articles. Details of
the frequency of Board meetings held between June 5 and July 14, 2017 as well as the attendance
of each Board member at these meetings are disclosed below:

Board Members No. of Board
Meetings Attendance
Tajhae Cunningham 10 10
(Chairman)
Callicia Carson (President) 10 9/10
Jessica Chambers 10 10
Rashida Swan 10 10
Nalecia Watson 10 9/10
Tashonie Evans 10 9/10
Janice Davis 10 10

Page | 25