SUSTAINABILITY STATEMENT 48 Al-`Aqar Healthcare REIT | Annual Report 2024 REGULATORY COMPLIANCE AND RISK MANAGEMENT Al-`Aqar REIT integrates risk management processes across all operations, ensuring a comprehensive approach to identifying and mitigating potential risks. Maintaining strict regulatory compliance enhances our vigilance against risks and opportunities, safeguarding stakeholder interests and reinforcing trust. The Fund prepares a compliance report that adheres to relevant laws and regulations. To further strengthen these efforts, the Manager consults legal specialists for advice, provides training on legal requirements, and employs external consultants for internal audits to maintain objectivity. As a healthcare REIT, staying informed on regulatory changes is crucial, with the Board and management encouraged to attend relevant talks and seminars. The Manager keeps abreast of the latest industry developments by receiving updates from Bursa Malaysia, the Securities Commission, and the Malaysian REIT Managers Association (“MRMA”). Compliance initiatives are communicated through meetings, announcements, AGMs, analyst briefings, the corporate website, and annual reports. OPERATIONS IN AL-`AQAR BEEN ASSESSED AGAINST 15 CORRUPTION RISKS Charitable and political donations, sponsorship Bribery & Kickbacks Embezzlement Gifts, entertainment & hospitality Facilitation Payments Environmental Corruption Money Laundering Cyber Corruption Procurement Practices Country of Operation Government Interaction Conflict of Interest Collusion Fraud Recruitment • Capital Market Services Act 2007 • Income Tax Act 1967 • Bursa’s Main Market Listing Requirements • EPF Act 1991 • Guidelines on Listed REITs • Malaysia Code on Corporate Governance (“MCCG”) • Guidelines on Islamic Capital Market Products and Services • Guidelines on Corporate Governance for Capital Market Intermediaries ROBUST CORPORATE GOVERNANCE
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