KENANGA ANNUAL REPORT 2023

71 OUR SUSTAINABILITY APPROACH HOW WE ARE GOVERNED FINANCIAL STATEMENTS SHAREHOLDERS’ INFORMATION ADDITIONAL INFORMATION CORPORATE GOVERNANCE OVERVIEW STATEMENT • Appointment and Re-Appointments of Directors within KIBB Group • Holistic Review of the Compositions of the Boards and Board Committees of KIBB Group • Revision to the Board Charter and Terms of References of Audit Committee, Group Board Digital Innovation & Technology Committee, Group Board Risk Committee, Group Governance, Nomination & Compensation Committee, Group Credit Committee and Group Risk Committee • Review of Non-Executive Directors’ Remuneration Framework for Kenanga Investors Berhad and Its Subsidiaries • Reports by Board Committees on Matters Discussed at the Respective Board Committees’ Meetings • Retirement of Directors of KIBB and Its Subsidiaries at the Forthcoming Annual General Meetings of the Respective Entities Within KIBB Group • Assessment on the Fitness and Propriety and Nomination of Members of Shariah Committee of KIBB and Review of Their Remuneration • Board Process Enhancement Plan – Consequential to Board Evaluation Conducted in 2022 • Potential Candidates for Directorship within KIBB Group • Revamped Board Effectiveness Evaluation Framework for Board, Board Committee and Individual Director • Directors’ Training Calendar for 2023 and Status Report on KIBB Group Directors’ Training for 2022/ 2023 • Disclosures for 2022 Annual Report • Payment of Directors’ Fees for the Financial Year Ending (“FYE”) 31 December 2023 and Meeting Allowances for FYE 31 December 2024 for KIBB Group • Remuneration and Benefits for Directors of KIBB Group • Notification by Directors and Principal Officers in Relation to Dealings in the Securities of KIBB • Vesting of Employees’ Share Option Scheme for Junior Management Staff and Above • Appointment of KIBB’s Representative on the Board of Directors of Its Associate Company • Updates of the Code of Ethics and Conduct for Directors of Kenanga Group • Key Human Resource Matters - Review of the List of Management Key Responsible Persons (“KRPs”) of KIBB Group as of 1 January 2023 - Review of the List of KIBB Group’s Management KRPs’ Employment Contracts Expiring in 2023 - New Appointment, Re-Appointment, Review and Renewal of Contract of Appointment of Management KRPs - 2022 Performance Appraisal and Annual Assessment on Fit and Proper for GMD, Group Chief Regulatory and Compliance Officer, Management KRPs, Head of Group Compliance and Group Company Secretary - Renewal of Group Staff Insurance Policies for 2024 - Review of Total Rewards Framework - 2023 Balanced Scorecards for Management KRPs - Proposals in Relation to Employees’ Share Option Scheme - 2022 Performance Bonus and 2023 Annual Salary Increment - Review of Management KRPs’ Succession Plan - Re-Appointment of YM Tan Sri Dato’ Paduka Tengku Noor Zakiah Tengku Ismail as Adviser of KIBB - Identification and Updating of the List of Material Risk Takers and List of Other Material Risk Takers within KIBB Group - Review of Material Risk Takers and Other Material Risk Takers Compensation Governance

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