SUSTAINABILITY STATEMENT SECTION 3 47 Al-`Aqar Healthcare REIT | Annual Report 2024 CORPORATE GOVERNANCE AND ANTI-CORRUPTION Al-`Aqar’s upholds effective corporate governance to promote operational stability and build stakeholder trust. By maintaining responsible and effective governance across the REIT we ensure a fair, transparent, and ethical culture while safeguarding the interests of our stakeholders and tenants. The REIT ensures smooth daily operations through comprehensive SOPs in key areas. The Manager’s Code of Conduct and Business Ethics outlines expected professional behaviour and disciplinary actions, while policies such as the Whistleblowing Policy and ABAC strengthen governance. To keep employees informed, we utilise various channels including email, briefings, training sessions, and posters. In FY2024, all employees received anti-corruption training, achieving full attendance and enhancing their awareness and understanding of anti-corruption practices. Notably, we are proud to report zero incidents of corruption or non-compliance in the reporting year. We performed corruptionrelated risk assessments across all internal operations and compiled the findings into an integrity risk register. This register was then presented to the Board Audit Risk Committee (“BARC”) and the Board Investment Committee (“BIC”) for evaluation and assessment. 2022 2023 2024 100%100% 100% 95% 100% 93% Senior Management Management Percentage of Employees Attended Anti-Corruption Trainings COMPARATIVE YIELD ABAC Policy • Upholds conformity to the Malaysian Anti-Corruption Act 2009 • Outlines and informs of the Manager’s principles and guidelines with regards to money laundering, gifts, entertainment and hospitality expenses • Fortified by our No-Gift, No-Entertainment Policy • Internally circulated among staff through briefing and training, and published on the corporate website for external communication Whistleblowing Policy • Aligns with the Whistleblowers Protection Act 2010 • Provides a secure mechanism for reporting noncompliance and misconduct within Al-`Aqar REIT • Reports are treated impartially and confidentially, and any instances of malicious intent in reporting are addressed appropriately ANTI-BRIBERY AND CORRUPTION INITIATIVES Conduct refresher, briefing and training sessions Ensure integrity pledges by business partners Maintain due diligence procedures Conduct risk assessments ROBUST CORPORATE GOVERNANCE
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