answer required

The board of directors of Minuet Ltd is concerned that the company board's skill mix is less than optimal. Many of the board members are older and there i; a need to consider the skills sets that are needed as new members are recruited. At the moment. there is no formal process for determining skill mix requirements for new board members or a program for induction or skill development of new members. The board is concerned that new director recruitment processes are not sufcient to ensure the recruitment of high quality directors. The board currently has five directors and is considering a move to seven in the near future. The skills matrix for the current board members looks like this: Director Skills Syed Ari Mo Free Jo Risk and Compliance 3 'l 2 3 2 Financial and Audit 3 2 3 1 3 Leadership and Strategy 2 3 3 2 2 Policy Development 1 1 2 3 2 Technology and Digital 0 1 1 1 0 People and Remuneration 1 1 2 2 1 Skill level ratings: Hirth = 3. Medium = 2. Low = 1. NA = D People and Remuneration 2 2 Skill level ratings: High = 3, Medium = 2, Low = 1, NA = 0 The board seeks your advice and opinion on whether there are any notable skill deficits and your recommendation of an appropriate corporate governance solution. Advise Minuet Ltd on how they should apply Principle 2 and Recommendations 2.2 and 2.6 of the ASX Corporate Governance Council's Principles and Recommendations to address their concerns