E.2.6
Does the company have a term limit of nine years or less for its independent directors/commissioners?
Response
YES. In accordance with the Company's Board Charter, the indepedent directors (ID) have a term limit of nine (9) years. The IDs can serve for the first five years with a cooling off period of two (2) years. He can then be re-elected for another four (4) years but will be perpetually barred for election.
The incumbent independent directors have terms of less than nine years.
Reference:
1. Website/Corporate Governance/Board Charter, Section 2 Item 4 – Term Limits for Independent Directors