AL-SALAM REIT ANNUAL REPORT 2017

102 AL-SALĀM REIT ANNUAL REPORT 2017 There is a clear segregation of roles and responsibilities between the Chairman and the Executive Director to ensure a balance of power and authority. This also provides a healthy professional relationship between the Board and Management with clarity of roles and robust deliberation on the business activities of Al-Salām REIT. The Chairman ensures that members of the Board work together with the Management in a constructive manner to address strategies, business operations, financial performance and risk management issues. The Executive Director has full executive responsibilities over the execution of the agreed business policies and directions set by the Board and of all operational decisions in managing Al-Salām REIT. 3. INTEGRITY IN CORPORATE REPORTING AND MEANINGFUL RELATIONSHIP WITH STAKEHOLDERS 3.1 Communication with Stakeholders The Board recognises the importance of timely dissemination of information to the Unitholders and accordingly ensures that they are well informed of any major developments of Al-Salām REIT. Such information is communicated through the annual report, the Fund’s various disclosures and announcements to Bursa Securities, including quarterly and annual results, and the corporate website. As part of Al-Salām REIT’s active investor relations programme, discussions and dialogues are held with fund managers, financial analysts, Unitholders and the media to convey information about Al-Salām REIT’s performance, corporate strategy and other matters affecting Unitholders’ interests. Details of the investor and public relations programs undertaken by the Manager are set out on page 46 of this Annual Report. 3.2 Conduct of General Meeting The Annual General Meeting is a vital platform for dialogue and interaction between the Board and the Unitholders. The Manager had on 25 April 2017 convened its 2 nd Annual General Meeting to seek the Unitholders’ approval for amongst others:- • Proposed to allot and issue new units • Proposed increase in the existing approved fund size At the Annual General Meeting, the Chairman presented the progress and performance of the business and encouraged Unitholders to participate in the question-and-answer session. CORPORATE GOVERNANCE STATEMENT - CONT’D