Sustainability Statement Strong corporate governance ensures the stability of Al-Salām REIT’s operations and fosters trust with our stakeholders. By upholding responsible governance and effective anti-corruption measures, we cultivate fair, transparent and meritbased culture crucial to our integrity and commitment to excellence. The REIT’s daily operations are guided by our internal Standard Operating Procedures (“SOPs”), ensuring consistent and efficient management across business activities. The Manager’s Code of Conduct and Business Ethics outlines the expected standards of behaviour and disciplinary measures for employees, incorporating Whistleblowing and AntiCorruption Policies. Corporate Governance and Anti-Corruption • Upholds conformity to the Malaysian Anti-Corruption Act 2009 • Outlines and informs 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 Anti-Corruption Policy • Aligns with the Whistleblowers Protection Act 2010 • Provides a secure mechanism for reporting non-compliance and misconduct within AlSalam REIT • Reports are treated impartially and confidentially, and any instances of malicious intent in reporting are appropriately addressed addessed Whistleblowing Policy Conduct refresher, briefing and training sessions Maintain due diligence procedures Ensure integrity pledges by business partners Conduct risk assessments Our Initiatives on Anti-bribery and Corruption Anti-Corruption Training In FY2024, we are pleased to report that 100% of our employees received anti-corruption training. Percentage of Employees who Received Anti-Corruption Training FY2022 100% 100% 100% 95% 93% 100% FY2023 FY2024 100% of our operations underwent corruption risk assessments (FY2023: 100% assessed) Management Non-Management 58 AL-SALĀM REIT ANNUAL REPORT 2024
RkJQdWJsaXNoZXIy NDgzMzc=