MEETINGS AND ATTENDANCE Number of Meetings Held and Details of Attendance The BSC shall meet at least four times annually or such other intervals as the Committee shall decide, of which one-third of the attendance of the committee present shall form a quorum. The BSC held four regular meetings during the FY2024 which were attended by all members. During the financial year, the details of attendance are as follows: Date of Meetings No BSC Members 14 Feb 2024 15 May 2024 20 Aug 2024 18 Nov 2024 1 Lailatul Azma binti Abdullah ✔ ✔ ✔ ✔ 3 Datuk Hashim bin Wahir (Resigned on 31 December 2024) ✔ ✔ ✔ ✔ 4 Ng Yan Chuan (Resigned on 31 December 2024) ✔ ✔ ✔ ✔ Terms of Reference The duties and responsibilities of the BSC are set out in its Terms of Reference, which is accessible in the Corporate Governance section, on the website at www.alsalamreit.com.my. SUMMARY OF WORK CARRIED OUT DURING THE FINANCIAL YEAR The BSC conducts a comprehensive materiality analysis every three years, to identify, understand and prioritise the economic, environmental, and social matters that are significant to our business and stakeholders. The materiality assessment approach represents a core component of the sustainability management process as it helps to align business strategies, performance management, and reporting. The latest comprehensive materiality assessment was conducted in the year under review,her emphasis on environmental risk, impacts and opportunities. In summary, the BSC has carried out the following work during the FY2024 in the discharge of its functions and duties: 1. Discuss the assessment of Common and Sector Specific Material Sustainability Matters as per requirements under the Bursa’s Sustainability Reporting Guide and monitor and track the ESG initiatives under the identified categories. 2. Review and evaluate ESG-related risk including climate change risks via assessment of Environmental, economic, and social impact by monitoring the use of resources, waste management, and biodiversity impacts (if any) in its acquisition, AEI, expansion and upgrading of existing assets, selection of tenants and vendors, etc. 3. Monitors Health and safety including the physical and mental well-being of the employees, part-time employees, and contractors as well as the security of the Company’s assets. The Board Sustainability Committee Report 1 ABOUT US 131 3 SUSTAINABILITY STATEMENT 4 CORPORATE GOVERNANCE 5 OTHER INFORMATION 6 FINANCIAL STATEMENTS 2 BUSINESS OVERVIEW
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