5 ENHANCING VALUE THROUGH SUSTAINABILITY 121 OUR APPROACH At UEM Edgenta, business ethics and integrity are embedded within the corporate governance framework and shape how the Group conducts its activities. Ethical business practices support transparency, accountability and compliance with applicable national and international regulatory requirements. The Anti-Bribery and Anti-Corruption Policy (ABAC) and related procedures align with national anti-corruption initiatives and reinforce a zero-tolerance stance on bribery, corruption and unethical conduct. Risk Assessment and Internal Controls Corruption Risk Assessment (CRA) processes are integrated into the Risk Management Framework (RMF) and Risk Management Procedures (RMP) to provide a structured method for identifying, assessing and evaluating corruption-related risks across business operations. Areas assessed as higher risk are managed through defined internal controls, including the Anti-Bribery and AntiCorruption (ABAC) Policy Statement, Code of Conduct (CoC) and Discretionary Authority Limits (DAL). These controls are reinforced through targeted training and awareness programmes. Risk mitigation plans are reviewed on an ongoing basis to ensure their relevance and effectiveness and to support operational integrity. Corruption Risk Management continued to operate as part of the wider risk governance structure. The CRA, introduced into the Risk Management Framework (RMF) in FY2024, continued to be actively applied and monitored in FY2025. Oversight is maintained through quarterly Risk, Integrity and Compliance reporting and periodic review of mitigation measures. In 2025, 77% of operations were assessed for corruption-related risks, up from 56% in 2024, with expanded coverage to Indonesia, Singapore, Taiwan and Dubai. WHY IT MATTERS Integrity and ethical conduct are a central pillar of UEM Edgenta’s governance and sustainability framework. Upholding high integrity standards shapes behaviour and decision-making across the organisation, ensuring accountability and underpinning stakeholder trust for sustainable growth. Ethical conduct is also critical to protecting the Group from material risks, as weak ethical practices can lead to reputational, legal and financial impacts. Hence, UEM Edgenta places strong focus on preventive controls, clear expectations and consistent oversight to ensure integrity is upheld at all times. BUSINESS ETHICS Governance and Compliance Oversight Oversight of integrity, ethics and compliance matters is coordinated through structured governance channels. Ethical risks, compliance status and integrity initiatives are reviewed and escalated through the Group’s defined reporting lines, ensuring alignment with Group policies and regulatory expectations. Compliance obligations across local and international regulations are guided by the UEM Edgenta Compliance Framework, which guides systematic monitoring and reinforces accountability among process owners. The Risk, Integrity and Compliance Department (RICD) functions as the second line of defence, facilitating compliance reviews, identifying gaps and supporting continuous improvement through periodic dashboard reporting and engagement with business units. This integrated governance and compliance framework ensures that compliance risks are proactively managed, controls remain effective and regulatory expectations are consistently met across all operations. For further details, please refer to the Corporate Integrity and Ethical Business Conduct section on pages 253 to 259 of this Report. Whistleblowing and Conflicts of Interest An independent and confidential whistleblowing channel is maintained, supported by non-retaliation protections and defined investigation protocols. Management of conflicts of interest is governed by the Conflict of Interest Policy and Declaration Procedures, which apply to Board members, executives and employees. Annual declarations and event-based disclosures are required, supported by management oversight and disciplinary measures where breaches occur. These mechanisms reinforce a strong “speak-up” culture and accountability framework.
RkJQdWJsaXNoZXIy NDgzMzc=