108 KEYFIELD INTERNATIONAL BERHAD 202001038989 (1395310-M) PRINCIPLE C: INTEGRITY IN CORPORATE REPORTING AND MEANINGFUL RELATIONSHIP WITH STAKEHOLDERS (CONT’D) PART II: CONDUCT OF GENERAL MEETINGS 14. Effective General Meetings The AGM serves as the primary platform for direct communication between the Board and shareholders. The Board reports the progress and performance of the Group, while shareholders are given the opportunity to raise questions and seek clarifications regarding the Company’s financial performance and the Group’s operations and development. The Fourth AGM of the Company scheduled on 29 May 2025 will be the first shareholders’ meeting following its listing on Main Market of Bursa Securities on 22 April 2024, which is also the first opportunity for the Company to directly engage with public shareholders. Adhering to Practice 13.1 of MCCG, the Board will ensure that the notice of the AGM is issued and circulated to shareholders at least 28 days before the scheduled AGM, enabling the shareholders sufficient time to consider the agenda and proposed resolutions that will be discussed and decided at the AGM. In compliance with Paragraph 8.27A of the MMLR, the Company’s Fourth AGM will be conducted physically within the capital city vicinity, ensuring easy accessibility for the public shareholders and not in remote locations. Shareholders who are unable to attend the physical meeting may appoint a proxy to attend and vote on their behalf, provided that the proxy form is lodged at the office of the Company’s Share Registrar at least 48 hours prior to the general meeting. The Board will ensure that all Directors, including the Chairperson of each Board Committee, attend the Fourth AGM to effectively address shareholders’ questions and concerns. The Board will also invite the Group CFO and External Auditors to attend the AGM to address shareholders’ concerns when needed. The Board Chairperson will ensure that shareholders have ample time and opportunity to submit questions throughout the Fourth AGM. Upon completion of the Fourth AGM, the Board is committed to make the minutes of the Fourth AGM available on the Company’s website within 30 business days. COMPLIANCE STATEMENT The Board is of the view that the Company has complied with the key principles and applied most of the practices of the MCCG throughout FYE 2024, except for the following where explanations on the departure are disclosed in the CG Report for the FYE 2024: Practice 8.2 – The board discloses on a named basis the top 5 Senior Management’s remuneration component including salary, bonus, benefits in-kind and other emoluments in bands of RM50,000. Practice 13.3 – Listed companies should leverage technology to facilitate– • voting including voting in absentia; and • remote shareholders’ participation at general meetings. Listed companies should also take the necessary steps to ensure good cyber hygiene practices are in place including data privacy and security to prevent cyber threats. The Board is committed to maintain the highest possible standard of corporate governance practices through continuous adoption of the principles and best practices as set out in the MCCG, as well as other applicable laws, where appropriate. This CG Statement was reviewed and approved by the Board on 15 April 2025. CORPORATE GOVERNANCE OVERVIEW STATEMENT (cont’d)
RkJQdWJsaXNoZXIy NDgzMzc=