KENANGA INVESTMENT BANK BERHAD 122 INTEGRATED ANNUAL REPORT 2025 General Meetings In line with its digital transformation efforts, the Company has focused on the dissemination of its Annual Report via its website at https://www.kenanga.com.my/investor-relations/ agm2026 in order to reach a wider spectrum of Shareholders who are active internet users. Shareholders are encouraged to attend the AGM and to use these opportunities to raise questions and vote on important matters affecting the Group, including the re-election of Directors, the receipt of the Audited Financial Statements, Directors’ Remuneration, Renewal of Share-Buy Back Authority, as well as corporate proposal, if any. The Company had conducted its Fifty-First (51st) AGM physically on 29 May 2025. During the AGM, all the members of the Board together with the External Auditors, Company Secretary, the GMD and a few of the key Senior Management were present to attend to any questions posed by the Shareholders. To foster better engagement with the Shareholders during the Fifty-First (51st) AGM, the Company had also arranged for one (1) of its Senior Management personnel to brief the Shareholders on the Company’s financial performance and operations in respect of the FYE 31 December 2024 and Business Prospects for 2025 to keep them abreast of the Group’s achievements and plans moving forward. Following the presentation, the GMD presided over the Q&A session and answered all the questions raised by the Shareholders prior to the AGM, as well as the questions posted real-time during the AGM. In 2025 AGM, there were no questions received from the Minority Shareholders Watch Group. Pursuant to Paragraph 9.21(2)(b) of the MMLR of Bursa Malaysia, KIBB had published its AGM minutes and Q&As (Key Matters Discussed) on the Company’s website within the specified time after the AGM. Apart from the engagement with stakeholders through the Annual Reports and general meetings, the Company also makes announcements relating to its quarterly results and other relevant announcements to Bursa Malaysia via Bursa LINK to provide stakeholders with material key information which could affect their decision making, thus enhancing the level of transparency. To strengthen its line of communication with the Shareholders, as mentioned earlier, the Board had in July 2021 designated Encik Jeremy Nasrulhaq as the Senior Independent Director, to take heed of their concerns on matters related to corporate governance and the Group’s performance, amongst others. Sustainability Management Sustainability is increasingly becoming a necessity for corporations around the world to adopt and implement within their business operations to be sustainable. In cognisance of the importance of sustainability, the Board of KIBB had on 29 July 2021 established a Management level committee, the Group Sustainability Management Committee (“GSMC”), led by the GMD to drive the sustainability agenda for Kenanga Group. The objective of the GSMC is to support the Board in the governance of sustainability in Kenanga Group including setting sustainability strategies, priorities and targets, to ensure that KIBB Group addresses sustainability risks and opportunities in an integrated and strategic manner to support its long-term strategies and success, by integrating sustainability considerations in the day-to-day operations of the Group and ensuring the effective implementation of the Group’s sustainability strategies and plans. In addition to the above, a Group Chief Sustainability Officer was appointed in 2022 and resources were assigned to advance the Group’s ESG agenda through the establishment of a Sustainability Department with dedicated headcount. Sustainability Plan In embarking on its sustainability journey, on 13 September 2021, a Sustainability Plan was presented to the GSMC to outline the Group’s key sustainability priorities, which was later tabled at the GNC and approved by the Board of KIBB on 28 October 2021. Double Materiality Assessment In 2024, the first double materiality assessment was conducted to align with evolving sustainability reporting standards and manage stakeholder expectations, in line with the National Sustainability Reporting Framework and the requirements of IFRS S1 and S2. This assessment provided an overview of Kenanga Group’s business impact towards the environment and society and identified sustainability risks and opportunities that may influence the financial performance. CORPORATE GOVERNANCE OVERVIEW STATEMENT
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