EXCEL FORCE MSC BERHAD Annual Report 2021

40 EXCEL FORCE MSC BERHAD Additional Compliance Information MATERIAL CONTRACTS There was no material contract between the Company and its subsidiaries companies involving the Directors and major shareholders' interests, either still subsisting at the end of the financial year or entered since the end of the previous financial year. STATUTORY AUDIT AND NON-STATUTORY AUDIT FEES The amount of audit and non-audit fees paid and payable for the services rendered by the external auditors of the Group and of the Company, Messrs. UHY, and their affiliates companies for the financial year ended 31 December 2021 are as follows:- Group Company RM RM Audit fees 59,500 52,500 Non-audit fees - UHY 5,000 5,000 - Affiliates of UHY 1,000 - UTILISATION OF PROCEEDS No proceeds were raised by the Company from any corporate proposal during the financial year ended 31 December 2021.

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