DESTINI AR 2017

Apart from contacts at general meetings, currently there is no other formal program or schedule of meetings with investors, shareholders, stakeholders and the public generally. However, the management has the option of calling for meetings with investors/analysts if it deems necessary. Thus far, the management is of the opinion that the existing arrangement has been satisfactory. Attendance of Directors at General Meetings The tentative dates of the AGM will be discussed and fixed by the Board in advance to ensure that each of the Directors is able to make necessary arrangement to attend the planned AGM. At the Thirteenth (13 th ) AGM of the Company held on 30 May 2017, all the Directors were present in person to engage directly with shareholders, and be accountable for their stewardship of the Company. Poll Voting In line with Paragraph 8.29A of the Listing Requirements, the Company will ensure that any resolution set out in the notice of any general meeting, or in any notice of resolution which may properly be moved and is intended to be moved at any general meeting, is voted by poll. At the same time, the Company will appoint at least one (1) scrutineer to validate the votes cast at the general meeting. Effective Communication and Proactive Engagement The Group maintains its effective communication with shareholders by adopting timely, comprehensive, and continuing disclosures of information to its shareholders as well as the general investing public and adopts the best practices recommended by the MCCG with regards to strengthening engagement and communication with shareholders. To this end, the Group relies on the following channels for effective communication with the shareholders and stakeholders: i) Interim financial reports to provide updates on the Group’s operations and business developments on a quarterly basis; ii) Annual audited financial statements and annual report to provide an overview of the Group’s state of governance, state of affairs, financial performance and cash flows for the relevant financial year; iii) Corporate announcements to Bursa Securities on material developments of the Group, as and when necessary and mandated by the Listing Requirements; and iv) Annual General Meetings. Shareholders and stakeholders may raise their concerns and queries by contacting the Registered Office of the Group, the details of which as provided under the “Corporate Information” section of this Annual Report. The Share Registrar is also available to attend to administrative matters relating to shareholder interests. As recommended by the MCCG, the Company has appointed a Senior Independent & Non-Executive Director to whom queries and concerns regarding the Group may be conveyed. UPHOLD INTEGRITY OF FINANCIAL REPORTING Compliance with Applicable Financial Reporting Standards The Board strives to provide shareholders with a balanced and meaningful evaluation of the Group’s financial performance, financial position and prospects through the annual audited financial statements, interim financial reports, annual report and announcements to Bursa Securities. The interim financial reports, annual audited financial statements and annual report of the Group for the financial year ended 31 December 2017 are prepared in accordance with the Malaysian Financial Reporting Standards, Listing Requirements and the Companies Act, 2016. The Board is assisted by the Audit Committee in overseeing the financial reporting processes and ensuring the quality of its financial reporting. 62 DESTINI BERHAD Corporate Governance Statement of