Question 2 (A) Glen Marie Bhd. (Glen) a public listed company has a two-tier board structure consisting of a management board and a supervisory board as part of the company's good corporate governance practices. Remuneration for Glen's board members is comprised of annual base salary, bonus which is considered as a variable annual compensation and share options. Glen has disclosed the total remuneration paid to directors and non-executive directors and a total for each of these boards in the group financial statements. The disclosures are in accordance with IAS 24 Related Party disclosures. However, no further breakdown of the remuneration was provided. The management board of Glen comprises executive and non-executive directors. The remuneration of the non-executive directors, however, was not included in the key management disclosures. Some members of the supervisory and management boards are high profile public figures. Glen has concluded that it is not acceptable to provide information about their remuneration that could be traced back to these high profile public figures. Glen explained that it had provided the related party information in the annual financial statements in an ambiguous way to prevent users of the financial statements from tracing remuneration information back to the high profile public figures. Required: Explain how the transactions above should be dealt with in Glen Marie Bhd.'s financial statements and the reasons why this treatment is important to investors. (10 marks)